Virtual Stock Exchange.G3. Ideas on which Industries to Invest In

Virtual Stock Exchange.G3. Ideas on which Industries to Invest In

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Virtual Stock Exchange: Group 3 (Ideas on which Industries to Enter ) Industries: 1) Health Care Industry 2) Insurance Industry 3) Pharmaceutical Industry Reason for choosing these industries: 1) Health Care 1 There are several components to this industry that offer evergreen options. As long as people are still alive, they’re likely to get sick and need medical attention, medicine , and medical devices. Bio-tech and pharmaceutical development continues to grow. However, to start a business in these fields, you need a lot of capital and the right combination of talent. With the future and impact of Obama Care still undetermined, it’s safer to establish medical service businesses that are largely paid for out-of-pocket. Elder care and in- home care are in an upsurge right now because of the aging population. 2) Insurance 2 Since it’s illegal to drive without it, everyone who owns a car hopefully has auto insurance . Most homeowners do as well because their mortgage lender requires it. Many
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This note was uploaded on 03/18/2011 for the course ACCT 601 taught by Professor O'connel during the Spring '10 term at New York Institute of Technology-Westbury.

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Virtual Stock Exchange.G3. Ideas on which Industries to Invest In

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