In this article I am going to share my strategy on how I plan to invest in the Metaverse. I will share 6 stocks at the end of this post that have exposure to the Metaverse. In the near future I plan to go into more detail about each stock, give my year end price targets and much more, so be sure to stay tuned!
As always, none of this is financial advise or recommendations. I highly encourage you to do your own research before making any financial decisions and have a great day!
With stocks at or near their all time high, it is even more important to have a long term strategy and invest what you can afford to lose. I want to emphasize this because for new investors, this will make or break them.
My goal of investing is to make as much money as possible while minimizing as much risk as possible.
Risk is inevitable in investing. That is why understanding how to minimize risk is crucial. Although, I don't want to spend to much time on the topic of risk, in my opinion the best way to minimize risk is through education, information and knowledge.
So with all of that out of the way... why the Metaverse?
There is not one simple or easy explanation for this. One of the things I like to do as an investor is invest in what I know. However, while I like to think I know a decent about about technology, when it comes to the Metaverse there are so many unknowns. Maybe that's what is so appealing to me. What I do know is that it's true potential is unfathomable.
Many companies set to benefit from the metaverse are already well-known, established tech companies. The transition into a more digitally connected society is not only inevitable, but projected to be extremely profitable.
Are you crazy... it's not even a thing yet?
I would challenge you to look into this a bit further. VR has been around for quite a while now and with the advancement and accessibility of technology, the future is looking bright. I will admit there is not mass or widespread adoption of the so called "Metaverse" yet, but this is really based on your idea and perspective of the Metaverse.
As mentioned before I am not going to go into to much detail about my reasoning behind each stock, but highly encourage you to learn more about each company. My picks are based on companies with current or future exposure in some way or form. I do currently have exposure to most of these companies and if you haven't figured it out by now these picks are very biased. There are many other companies that I invest in that I like and that have exposure to the Metaverse, but for the sake of this article will only list 6 stocks.
They are listed in no particular order: