The Hot Growth Industries

I urge you to read The Great Boom Ahead by Harry Dent. It’s difficult to understand why the stock market has boomed and how Japan has had so much trouble until you read this book. It’s a non-technical easy read of the demographic issues which shape the economy. Mr. Dent’s predictions using his model have been quite accurate.

While some people feel more comfortable with the value strategy I outlined in the previous article (buy low, sell high), other investors prefer a growth strategy—buying into those industries with the highest growth rates. Given Harry Dent’s excellent analysis, which industries and products does he predict for superior growth (for the period 1994 –2004)?

Here are those among his top picks:

Motorized Camper Coaches

Motorboats

Roof and Gutter Maintenance

Men’s Sport Coats

Refrigerators/freezers

Stoves, ovens

Domestic service

Auto Rental

These picks are based on the baby boomer generation’s preferences as these 70 million people move into their peak spending years. If you want to capitalize on these types of trends, we can show you how to structure a growth portfolio of companies which will potentially experience the high predicted growth of these industries.

Call for an appointment at 925-935-5488 and we will help you determine which parts of your current portfolio have less potential and position those into companies with greater growth potential