What investments can I buy to help me take advantage of the opportunities within the subjects that matter most in the field of personal finance?
GlobalX offers dozens of ETFs specifically targeting the areas of longevity, blockchain and digital assets, exponential technologies, retirement security, and health and wellness
Ric Edelman: You know, this radio show and podcast is devoted to five personal finance topics the five that matter most, beginning with longevity. We're going to be living to age 100 and beyond. That changes everything. Most importantly, our second topic, retirement security. If we're going to live to age 100. Will your money last as long as you do? And the most effective way for you to get the investment returns you need to create the wealth you want, exponential technologies - most importantly, blockchain and digital assets. And finally, if we're going to live to age 100, we better take care of our brains and our body. Health and wellness rounds out our five subjects. Now these five topics make perfect sense. I'm sure you'll agree these are the subjects that matter most in the field of personal finance. But how do we go from that concept, that 20,000 foot conversation down into the trenches? What investments can I buy in order to help me take advantage of the opportunities that these five subjects represent? This explains why I'm such a big fan of GlobalX ETFs. They offer dozens of ETFs that are specifically targeted to each of these five subjects. In the area of longevity is the GlobalX Aging Population ETF.
Ric Edelman: It invests in companies that are focused on the demographic shift that's occurring around the world the GlobalX Telemedicine and Digital Health ETF. We're going to be living long. That means we're going to have an abundance of old people and old people spend more money on healthcare than young people. Half the global population, though, doesn't have access to healthcare. As 5G becomes more widespread, telemedicine can bring healthcare to everyone, everywhere. The global telemedicine market, it's already $55 Billion. It's projected to be $300 billion by 2028, a 6X increase. And then there's the GlobalX Genomics and Biotechnology ETF. Genomic sequencing and genetic medicines and therapeutics are transforming healthcare. You know, back at the beginning of the century, it cost $100 million to sequence your DNA. You can now do it for $1000, and soon it'll be a free app on your phone. The market's exploding, and this fund invests in the companies that are developing products for this sector. And then there's retirement security, the GlobalX Fintech ETF worldwide. Right now there are 2 billion people banking online. That number is going to rise dramatically, partly thanks to the rising middle class in the developing markets around the world that are historically underserved by the world's banking system. Technology is making it easier and cheaper to serve them with a phone. You don't even need to live near a bank branch. Less than half the planet has a bank account right now.
Ric Edelman: This creates massive room for growth. And since there's so much commerce online, you've got the GlobalX E-commerce ETF. E-Commerce is still less than 20% of global retail sales. But as 5G grows, broadband and mobile Internet are going to reach more and more people worldwide, including the rising middle class In developing markets. People are going to be increasingly shopping online for everything from groceries to autos. It's hard to overstate the economic opportunities here. And what about broadly exponential technologies? There's the GlobalX Cloud Computing ETF. We're producing more data than ever, and we're storing it all on the Internet in what we call the cloud. Every time you create a file, a document, a photo, a video, you need to store it somewhere. We need more storage space. That's why this market is growing exponentially. It's already a $270 billion market. Imagine what it'll be in five years. And then there's the GlobalX Internet of Things ETF. Only 4% of mobile connections are 5G so far. This is going to jump to 50% in just four years. The Internet of Things is Web 2.0. It's one of the biggest developments in global commerce since the original Internet Web 1.0. And then there's the GlobalX Artificial Intelligence and Technology ETF. It's a $30 billion market right now projected to grow 10X within five years to 300 billion. This fund invests in everything from the biggest names in tech to newer companies around the world.
Ric Edelman: And the GlobalX Robotics and Artificial Intelligence ETF. Robotics is a $23 billion market. It should triple within five years. Back in 2010, the average cost of an industrial robot was about $50,000. That'll drop to $10,000 in the next few years. The cheaper those robots get, the more companies can buy them. And blockchain and digital assets. You know what a big fan I am of this? And here's why. The global blockchain market is currently $5 billion. Over the next four years, it's projected to grow to $50 billion. And so GlobalX offers the Blockchain ETF and the Blockchain and Bitcoin Strategy ETF. And what about the category of health and wellness? GlobalX offers the clean tech ETF. Total investment across clean technologies is projected to reach $100 trillion by 2050. GlobalX also offers the Clean Water ETF. Global Seawater Desalinization is a market that's going to grow 67% this decade. This ETF invests in companies engaged in water purification, storage and distribution. There's the GlobalX Solar ETF. The global market for solar energy will hit $200 billion within three years. That's three times more than just two years ago. And if you don't like solar, how about wind? The GlobalX Wind Energy ETF, the global market there is projected to double in the next five years. And we're going to be using all of this energy to power our batteries.
Ric Edelman: So we've got the GlobalX Lithium and Battery Technology ETF. Lithium battery technology is essential to the rise of electric vehicles, renewable energy storage and mobile devices. This fund invests in mining companies, refineries and product manufacturers. And speaking of those electric vehicles, you've got the GlobalX Autonomous and Electric Vehicles ETF. Electric vehicles are still less than 5% of new cars sold. This market's going to explode in the next 10 years. And those cars are going to be driving on roads, going across bridges and through tunnels. All of that needs work, as we all know. So you've got the GlobalX US Infrastructure Development ETF, investing in the companies that are going to help us rebuild the country. All of these businesses, all of these technologies need the raw materials that we are able to gather from our planet. So you've got the GlobalX Disruptive Materials ETF. The market for rare earth elements is projected to double over the next six years. These minerals are the core for innovations in transportation, energy and manufacturing systems. And it's not just all about building roads and bridges. We're also building ways to connect together. So we've got the GlobalX Social Media ETF. The global social media market is $100 billion, and it's projected to triple within the next three years. And one of the things that we're doing socially online? We're playing video games and electronic sports. The GlobalX Video Games and EA Sports ETF. The global gaming business is bigger than Hollywood and professional sports. It's going to hit $200 billion by 2023.
Ric Edelman: And since we're spending so much of our time online, we better protect ourselves. So there's the GlobalX Cybersecurity ETF. The global cybersecurity market is predicted to double over the next five years. That's 22 ETFs, all offered by GlobalX. I'm not sharing with you every week on this program the notion of longevity, retirement security, exponential technologies, blockchain and digital assets and health and wellness merely because they're concepts for us to know and understand. These are investment opportunities that you can capitalize on because as we grow in all of these areas, people are going to get wealthy doing it. That's why GlobalX is one of the fund companies. I've asked to be a sponsor of this program because Jean and I invest in all of the ETFs that I've just mentioned, 22 of them as part of our diversified portfolio. We're overweighted in this sector because I'm convinced that this represents the best investment opportunities for this decade and beyond. I encourage you to visit GlobalXETFs.com. Decide which of these funds strike your fancy. Are you interested in solar or wind? Does EA Sports appeal to you or biotech or A.I.? Decide which sector appeals to you and explore the opportunities at GlobalX ETFs. Stay with us for more on The Truth About Your Future.