Your Questions, Answered
First, I hope you had a wonderful New Year’s.
I for one spent some much-needed quality time with my wife and kids.
But now it’s back to work.
2019 is here and despite the market ups and downs, there’s plenty of reason to get excited for the new year.
Today, I want to focus on getting your 2019 off to the right start, so I’m opening the reader mailbag to answer a few of your pressing questions.
Remember, you can email me anytime at AskRay@SevenFigurePublishing.com. I’ll use weekly alerts to answer as many of your questions as I can.
Let’s get started.
First question comes from Janice P.:
Ray — why do you invest so heavily in technology and biotechnology stocks? And where do you go to learn so much about them?
This is an important question, especially in times of market volatility, which I believe we’ll continue to experience in 2019.
The great thing about tech and biotech is they’re based on innovation. And there’s always need for innovation.
Sure, the sectors can take a beating — we’ve seen it happen recently, in fact.
But overall, tech and biotech gains and losses are fueled by forces outside of what’s happening in the market. They’re fueled by delivering innovation.
As a cancer survivor and former IT guy, I’ve always been drawn to tech and biotech. So I’ve created a great community to find the best opportunities. I travel all over the world to talk with CEOs, I get access to a ton of great conferences and I get to walk into labs and see real solutions to big problems in the world created. Can’t beat that!
Thanks for your question, Janice.
Ray, I have saved some money and am semiretired (beginning a telemed business soon). Why is investing in medical cannabis the right idea for me?
— Mike F.
Thanks, Mike, and good luck on your business venture!
OK, I can’t say for sure whether investing in medical cannabis is right for you. Only you know the best way to handle your finances and investments. But I have a few reasons why I love the medical cannabis market…
The market for medical cannabis is exploding globally. Hundreds of millions, and soon billions, of people have or will have access to the health-protecting properties of medical marijuana. The potential is just getting started.
This year the FDA approved Epidiolex, the first drug with CBD compounds to be federally approved for sale. Plus, as of the November elections, half of U.S. states now allow the use of medical marijuana. We’ve hit critical mass.
Medical cannabis will be a huge driver of the marijuana market overall. It will help bring about more medical breakthroughs and cures to many diseases. Of course, not all companies will be winners. But I believe the space is going to be incredibly lucrative as a whole.
Thanks for your question, Mike.
Keep sending your questions to AskRay@SevenFigurePubliching.com.
Ray’s Cannabis Corner
Oklahoma-based marijuana businesses could see a larger-than-expected demand.
According to Marijuana Business Daily, out-of-state medical marijuana cardholders could qualify for temporary licenses from Oklahoma to purchase products.
Neighboring Arkansas, for example has almost 6,500 legal mmj cardholders. And this influx of buyers could be a boon for Oklahoma’s pot industry.
For Technology Profits Daily,
Chief Technology Expert, Technology Profits Daily