Hmm.. I'm not comfortable being too specific because I don't want anyone to blindly jump into anything without looking into it properly for themselves. I'm no financial adviser. I can give a clue as to the main area I'm looking at though! Be warned though, this is VERY high risk stuff, so you could lose the lot!TrueBlueTerrier wrote:nigelbeans wrote:There are certain things which I think will do well over the next few years, so I'll put some there.
If you can make the 32% hit back within a year or 2 any chance of giving us all a clue
There's a lot of interesting stuff happening with cryptocurrencies, blockchain technologies, and other decentralised peer-to-peer technology. It's cutting edge stuff which is making things possible which we couldn't do before. There was the wheel, the printing press, electricity, railways and the internet. I believe we're going to see a comparable paradigm shift in coming years, and the potential for the world to be greatly improved. The more you learn about it the deeper you'll want to go! You have to dig around and stick at it to get your head around it though. I'd start off by learning about bitcoin (possibly by watching Andreas Antonopoulos on YouTube). I'm not saying to invest in bitcoin, but this may be the best place to start in order to learn about this kind of stuff.
My main enthusiasm for these things is based on their potential to improve things for people, but there is scope to make money here also. There's a lot of volatility so some of these things can be day-traded successfully if you know how. It's also possible to buy and hold and to make 50x or 100x returns in some cases. There are a lot of pump-and-dumps, and sometimes things get a bit scammy, so watch out. On the other hand some of these things are the real deal.
I'm quite excited about the prospect of having a go at online poker again, too. I played a tiny bit several years ago; not seriously, but it was fun. Do I need to say for the benefit of others that this is also risky?!
