Tuesday 30 August 2016

Today's Pick : IFLY (FactorShares Trust PureFunds Drone Economy Strategy ETF)

Yesterday, Aug. 29 2016,  was a big day for the drone industry. FAA gave approvals for the drone industry to start flying. It also became flexible with licensing requirements for Drone Operators - you no longer need a pilot's license to operate drone. Fantastic - Ain't it.

Us investors, this presents an opportunity. The drone ETF should be a wise investment. This is where 'IFLY' ETF steps in. The ETF has not been on the tear yet and could be on the CUSP of making it to the list of 'Favorites'. I haven't seen a lot of naysayers (any for that matter until now) to the drone industry. Amazon, Walmart are vying for their share in the drone industry.  The ETF is only about 6 months old (as far as i can see), but is on the rise and has made it to my personal investment portfolio. If you have Cash flying around and are thinking of investing in DOW, S&P or NASDAQ, take a look at IFLY again - you might be able to beat the market with a little bit of research over the news.

The ETF currently covers '41' drone companies and is a safe bet to invest in, safer then investing in individual companies like GoPro or struggle with investing in companies that aren't even public yet. Try the ETF, i am quite sure you would not be disappointed.  

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