Investment Tips from Paul Mampilly

Paul Mampilly is the Senior Editor of Banyan Hill Publishing, where he frequently shares financial information. Mampilly became well known in the financial world as an investor, especially when he made some stock picks that were questioned at first by experts, but later proved to be enormously profitable. For example, he saw the potential of Amazon from the beginning, while many investors were hesitant.

Due to his financial success Paul Mampilly was able to retire from the fast paced, competitive financial environment at the age of 42, and has more recently been known as an advocate for everyday people. His mission is to share the knowledge he has gained over the years to help people invest in ways that make the most of their money. He offers financial advice and tips to more than 100,000 subscribers in his newsletter, Profits Unlimited, and has made numerous television appearance to speak on financial matters.

Recently, Paul Mampilly wrote an article encouraging investors to put money into what he considers to be the technologies that will change the future. First, he believes that the Internet of Things, or IOT, will continue to gain momentum. Smart devices with cameras and sensors will collect and send data to each other and to humans. The communication possibilities promise many changes to the way people carry out tasks in everyday life. Mampilly also discusses sensors which are capable of generating enormous amounts of data in a very short time, which he believes will lead to the development of more efficient devices and machines, which will be safer, less expensive, and easier to maintain. People who invest in companies involved with IoT or sensors are likely to see substantial growth.

Paul Mampilly uses a lot of his personal experiences in the world to identify areas that need improvement. Recently, he discussed the inefficiency of some of the information systems we have in place that most people are forced to endure. Specifically, he discussed the wait and information required at the DMV to renew a driver’s license. Mampilly proposes the use of blockchain security, which would involve a microchip of personal data to speed up the process, and to reduce, or even eliminate identity theft. Potential investors can analyze this advice to make good investment choices.