3. Innovation Will Surprise Us... Again
Can You Imagine What's Next?
Throughout time, innovations have propelled businesses forward. Whether the innovation was a technological advancement (Is your smartphone within arm’s reach?), a new business model (What’s in your movie queue?), a medical discovery (Heard of human genome sequencing? It's now completed in less than two hours.), or some other transformational change (Did you update your Facebook status today?), new ideas are at the very heart of the equity markets.
Tunes Over Time
For example, look at the changes in music technology over the last 40 years. From records to 8-tracks, cassettes, CDs and now digital downloads, there has been tremendous change in how we listen to music over the years. And innovation will undoubtedly continue.
The Beat Goes OnUnits Shipped in Millions 1973-2012
The Bottom Line
- While it's impossible to predict all of the change and innovations to come, there's no question that innovations will occur.
- Investing in the stock of visionary companies can be a way to capitalize on the inevitable innovations of the next decade and beyond.
- Speak to a financial advisor for help identifying ways you can invest to benefit from innovation.
Another reason to be an equity investor: Quality Companies Are Not Short-Sighted
Are You a Financial Advisor?Register for our Advisor Website
——or——Sign In for more on 2020 Vision
Important Legal Information
All investments involve risks, including possible loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
For more information on any of our funds, contact your financial advisor or download a free prospectus. Investors should carefully consider a fund’s investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
Franklin Templeton Distributors, Inc.
For US residents only.