Why investment portfolios should include always on, always connected consumer services.

Today’s guest, Chris Versace is the editor of investment newsletter PowerTrend Profits and portfolio manager of the Thematic Growth portfolio at Fabian Wealth Strategies. He is  a columnist for Fox Business Network, Forbes, and TheStreet.com. Chris spent 13 years in equity research at financial institutions including Salomon Brothers. And, he recently co-authored the book Cocktail Investing: Distilling Everyday Noise into Clear Investment Signals for Better Returns.  

Key Takeaways:

Jason’s Editorial:

[3:55] The Hourly Wage Needed to Rent a Two Bedroom Apartment is Rising.

Chris Versace Guest Interview:

[20:37] Overhauls to the tax code and the immigration policy would be examples of policies which could get the economy back on track.

[22:21] Cronyism is widespread in the wind energy industry.

[24:15] One of Chris’s favorite investment themes is the always on, always connected consumer because it is explosive with opportunity.

[30:45] It is short sighted to want higher minimum wages.

[33:03] Cybersecurity stocks is an ever-growing area that is a must own for investment portfolios

Mentioned in This Episode:

Jason Hartman

Longevity and Biohacking Podcast

Hartman Education

Chris Versace

Tweetables:

The people who make test crash dummies used to use 170 lbs. dummies now due to obesity they weigh 270 lbs.

Businesses will make cut backs or raise prices for consumers if higher minimum wages are required.

Asian markets are demanding a protein based diet, switching from rice-based diets, which will cause food prices to rise.

Episode: 684

Guest: Chris Versace

iTunes: Stream Episode