Are investments in companies who produce auto-driven vehicles and technology components considered to be lucrative in the long-run?

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Answer 1 · 2017-02-05 06:07:40

John C Brandy, Financial Consultant (Hourly)

@brandyjc • 02/05/17 This answer was first published on 02/05/17. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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I believe so. Actually "in the long run" is the key here. Some people mean 5 - 6 months when they say that where I mean 20+ years. In that perspective, most investments are good "in the long run", though obviously some do better than others.

My advice is to have patience and buy slowly, but keep buying no matter what the market is doing.

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I specialize in financial education and collaboration and I'm a reformed broker who can help you make it happen without the high cost.

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Answer 2 · 2017-02-14 17:32:33

see this user

Adam C. Harding, Financial Advisor

@AdamClarkHarding • 02/14/17 This answer was first published on 02/14/17. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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It's hard to answer your question precisely, as there are too many business-specific risks to determine if any one company may be better than the others. Also, you have to consider the economic cost of making an investment into driverless car companies instead of something else (like, say, a broadly diversified stock fund).

At the end of the day I believe that capitalism works and investors should have positive expected returns if they invest in any company and are patient, but the reality is that individual companies do experience company-specific hurdles and I'd rather mitigate those hurdles by owning several stocks within a single fund. This might not lead to hitting a home run, but it greatly reduces the risk of striking out. Yet, there's no one-size-fits all approach to investing, so there may be room to take a small bet on an individual company if your portfolio and financial plan allows for this kind of risk.

Of course, if I can clarify any of the above or offer any guidance, please feel free to reach out.

Adam C. Harding, CFP

For informational purposes only, not to be considered investment, tax, or legal advice.

www.adamclarkharding.com

See my recent articles in The USA Today and Nasdaq.

Are investments in companies who produce auto-driven vehicles and technology components considered to be lucrative in the long-run?

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