Forget Dogecoin: Electric Vehicles Are the Next Millionaire-Maker Industry
There's been a lot of hype around cryptocurrencies over the past year. Even a few that began as a joke are now being valued in billions, like Dogecoin (market cap of $42 billion). For those who can stomach their heavy volatility and high risk, some of these digital currencies may hold great promise as investments. But what they don't yet offer is a demonstrated history of usefulness and value in our lives or to the economy.
If you are looking for an investment that is innovative, but with a bit more demonstrated potential than crypto, you may want to instead check out the electric and autonomous vehicle spaces.
Three potential investment ideas in this space that look favorable right now are Ford (NYSE: F), Chargepoint (NYSE: CHPT), and the Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV).
Source Fool.com
