Eric Fry is a leading lifestyle and business strategist, investor, entrepreneur with over 30 years of experience. Recently he published his new book on wealth acceleration called “The Acceleration Plan”. In this video Eric discusses the concepts behind his upcoming summit which will be held in New York City June 20-22nd.
The “louis navellier net worth” is a person who has been in the financial industry for more than 20 years. He is an author and speaker, and he is also known as the “King of the Short Squeeze.”.
I’ve been receiving a lot of emails recently regarding Eric Fry’s Wealth Acceleration Summit, so I decided to investigate more to see what it was all about.
In a nutshell, the Wealth Acceleration Summit is a “conversation” between presenter Brit Herring and investing analyst Eric Fry intended to promote Fry’s Investment Report, a stock advice.
During the presentation, Eric discusses a “new Technochasm technology” that he claims is generating a wealth divide in America, as well as how it may yield $56 trillion in new wealth for those on the “right side” of the trend.
What’s the big deal? Is this a genuine opportunity? Is it worthwhile to subscribe to Fry’s Investment Report?
Continue reading if you want to learn the answers to these questions. I’ll throw some light on these (and other) matters to assist you evaluate whether or not Fry’s Investment Report is worth joining.
The Wealth Acceleration Summit by Eric Fry
Eric Fry predicts that a “new technology” will convert the present wealth divide into a “Grand Canyon” at the Wealth Acceleration Summit.
Investorplace.com is the source for this information.
It’s no secret that the world’s wealthiest and poor are vastly separated. Eric Fry, on the other hand, is primarily concerned with the United States. He discusses how affluent internet entrepreneurs increased their fortune by $1 trillion during the epidemic, while many hardworking Americans struggled.
He also mentions how more individuals are becoming billionaires than ever before, which reminded me of Luke Lango’s presentation “The Quickening.” Although the broad message was similar, Luke Lango and Eric Fry looked to be positive on various equities.
In any case, Eric Fry coined the term “Technochasm” to describe the economic disparity in America, which he argues is fueled by the “ever-increasing speed, power, and advancement of technology.” In other words, technical advancement has created a division between the “haves” and “have nots.”
The “Technochasm” has always existed, according to Eric Fry, although with different technology and at a slower speed.
He compares what we’re seeing today to the inventions of the wheel, printing press, steam engine, and computer, for example. And how, at the time, individuals who grasped these new technology earned more money than those who didn’t.
Today, Eric feels we’re seeing a similar scenario play out, but at a faster speed. He also cites multiple instances of huge internet corporations succeeding while a slew of “brick and mortar” enterprises collapse.
He also claims that The Law of Accelerating Returns is the major basis for the rapid development of his “Technochasm” concept. In other words, he feels the wealth divide in the United States is growing faster than it has ever been.
What is the Law of Accelerating Returns, and how does it work? It’s comparable to Moore’s Law and a slew of other “laws” that are based on the exponential growth notion.
In a nutshell, exponential growth occurs when the pace of change increases non-linearly. For example, rather of expanding at a steady, predictable rate, something doubles every year to the point that the growth becomes more excessive with each passing year.
Another example of exponential growth is that if you fold a sheet of paper 42 times, it will reach the moon. And this essay will show you how.
Anyway, to cut a long tale short, Eric Fry thinks that technological innovation and acceptance are expanding at an exponential pace, to the point that this century may witness 1,000 times more growth than the previous century.
We shall witness about a thousand times the technical breakthroughs of the preceding century in the twenty-first century.
Another important aspect of Eric Fry’s Technochasm theory is how he thinks one “platform technology” will have an influence on a variety of other sectors, such as virtual reality, the Internet of Things, and artificial intelligence.
He compares the notion of “platform technology” to electricity and the internet, both of which were critical to many subsequent breakthroughs. The platform technology in question, according to Eric, is 5G technology.
Eric refers to this as the “new Technochasm technology” in his presentation. It was also the subject of a recent presentation he gave alongside Louis Navellier dubbed the 2021 Tech Supercycle Summit. In a nutshell, Eric Fry is a big believer in 5G technology:
… I believe that 5G will provide many individuals with the finest potential to see little investments convert into enormous fortune.
Why is he so optimistic about 5G?
Eric reminds out that many people believe 5G is just an improvement from 4G, which is far from the case. And he makes the argument that it might be the most transformative invention of our time.
According to him, it has the potential to transform practically every business on the planet. From agriculture, telecommunications, and the automobile sector to medical, retail, and gaming. Overall, he claims it may “create $56 TRILLION in new wealth,” which will happen in “three large waves.”
As things like cell towers and networks are built out, Eric sees the first wave of potential inside 5G infrastructure.
The second is on “applied technologies,” which Eric claims will eventually replace what we’re used to as 5G technology promotes innovation in entertainment, banking, communications, and other areas.
Finally, Eric claims that totally new sectors will emerge that no one has yet imagined.
What strategies does he advocate for investors to benefit from 5G?
“Three easy measures you definitely must do,” according to Eric Fry, to “position yourself on the right side of the booming 5G trend.” Here’s a quick rundown of each step:
- The first step is to “purge” your portfolio of any firms that will be disrupted by the introduction of 5G technology. Brick-and-mortar businesses and banks, for example. In a study titled “The Portfolio Purge,” Eric claims there are over a dozen particular firms he suggests deleting from your portfolio.
- The second step is to include Eric’s top 5G stocks into your portfolio. According to him, one of these companies is “ranked #1 for 5G patent ownership,” another provides “new gear that can transfer 25 HD movies in a single second,” and still another is connected with 5G infrastructure in the United States. In a study titled “5G Plays Every Investor Should Own,” Eric Fry breaks out each of his 5G recommendations.
- Joining Eric Fry’s stock counseling service, Fry’s Investment Report, is the third and last stage in his strategy. This service ranges in price from $49 to $129 a year, and subscribers get monthly stock choices, research, and insights from Eric Fry and the InvestorPlace team.
I’ll go through how Fry’s Investment Report works in more depth later, but for now, let’s take a look at one of the companies he suggests during the presentation.
Eric Fry’s 5G “Technochasm” Stock: What Is It Worth?
Eric Fry shares the name and ticker of one business he’s bullish on right now as part of his 5G Technochasm thesis at the Wealth Acceleration Summit: Akamai Technologies (AKAM).
For two reasons, Eric believes Akamai Technologies is a “huge 5G winner.”
One is that it’s rumored to be the industry leader in edge computing, which Eric defines as “the section of the internet closest to end consumers.” But, of course, that’s not enough to describe what edge computing is, so I turned to Wikipedia, which had the following to say about it:
Edge computing is a distributed computing paradigm in which processing and data storage are brought closer to the data sources. This should increase response times while also conserving bandwidth.
Edge computing may be found at https://en.wikipedia.org/wiki/Edge computing.
Another reason Eric is optimistic about this firm is its emphasis on cybersecurity. “Akamai has quietly become a leader in every area of network cybersecurity you can name,” he argues, and his full analysis is available in the study I cited earlier.
Eric only discusses that stock in his presentation. He is, however, interested in a variety of different 5G and tech-related options. And he shares them with Fry’s Investment Report subscribers.
As a subscriber, for example, you’ll hear about an energy storage firm he’s interested in, as well as an electric car company he thinks is “poised to be the dominating leader in EVs” and a “new approach to participate in the SPAC trend at a discount.”
To give you a better sense of what to anticipate, we’ll look at how the service works and what you receive if you opt to join in the following part.
Fry’s Investment Report Overview
Eric Fry’s primary stock counseling service is Fry’s Investment Report. Its main emphasis is on “big-picture trends” (also known as macroeconomic trends) and long-term, buy-and-hold equities that Eric Fry thinks have the potential to achieve 1,000 percent returns in the coming years.
Not every suggestion he makes has resulted in such positive results. According to the InvestorPlace website, 40 of Eric Fry’s recommendations have increased by 1,000% or more, and 20 have increased by 500% or more. They’ve happened in a range of industries, not just IT.
Here are a few of Eric’s recommendations from various industries:
- Ericsson Telecom (5,075%) is a telecommunications company.
- Mining company Freeport McMoRan (1,080 percent).
- GFPT – poultry (5,997 percent).
- Hospitality – Royal Garden Resorts (11,237 percent).
- Bitcoin (7,992%) is a digital currency that may be used as a store of value.
These are impressive gains, but it’s worth noting that InvestorPlace also claims that Fry’s Investment Report’s average gain in 2020 was 35%.
While this is still fantastic, it does demonstrate that not every stock advice is a winner. You should expect to lose some bets since all investments are risky.
What do you receive if you sign up for the military?
The monthly email is the most important element of Fry’s Investment Report. You will get a new edition of the report every month for the next 12 months as a subscription. And each one includes a fresh Eric Fry suggestion as well as his reasons for being interested in the firm.
You also have access to the member’s area, which contains tools like as the model portfolio, which allows you to monitor Eric’s suggestions, as well as some additional research papers.
The bonus reports you get are determined on which InvestorPlace page you join up on and whatever membership plan you choose (there are three options). All of them come with access to the monthly reports; the differences are largely in the perks.
Here’s a quick rundown of each membership level:
- Basic ($49 per year) membership: “The Portfolio Purge” and “5G Plays Every Investor Should Own” are two additional reports included.
- Premium subscription ($79 per year): Same as above, but includes a digital book called Silicon Valley Supercycle authored by Brian Hunt, CEO of InvestorPlace.
- Deluxe subscription ($129 per year): Includes everything from the previous two memberships, plus access to “The Eric Fry Webinar,” a webinar event.
Is it possible to receive a refund?
Fry’s Investment Report is backed by a 365-day money back guarantee.
Is Eric Fry a genuine professional?
Yes, Eric Fry is a reputable financial advisor.
Eric is a former broker, entrepreneur, and hedge fund manager with over 20 years of expertise, in addition to his track record, which I mentioned before.
During that period, his major emphasis, according to the InvestorPlace website, was on overseas investing methods and short-selling.
The former explains why some of his previous suggestions have been for firms based in other countries, and no doubt makes him popular with investors looking to diversify their portfolios internationally. Short-selling, on the other hand, is betting on a company’s failure.
In other words, if the stock price falls, you profit.
Eric has also won investing contests (such as Portfolios With a Purpose in 2016), predicted some of the most major market peaks in recent history, and been featured in the Wall Street Journal, Barron’s, USA Today, Money, and Time magazines (among others).
To summarize, Eric looks to be an adept at both predicting long-term winning stocks and recognizing firms that aren’t doing well, based on my study.
Fry’s Investment Report is his primary business, but he also operates The Speculator, a service that utilizes options, and Eric Fry’s Smart Money, a free email weekly.
Is it worth $49 to buy Fry’s Investment Report?
As a self-directed investor, I believe $49 is a tiny amount to pay for a year’s worth of stock recommendations and insights from an expert like Eric Fry.
Of all, you shouldn’t anticipate 1,000 percent returns on every tip. In fact, it’s nearly a foregone conclusion that certain stock choices will lose money. Fry’s Investment Report, on the other hand, has a proven track record and has been operating for a long time.
As a result, depending on your objectives and investment preferences, it may be beneficial.
This is great, for example, if you want to make smart, long-term investments but don’t want to have to look at your portfolio every day. Especially if you don’t want to spend a lot of money on registration.
On the other hand, if your objective is to generate quick money or if you want a service that is only focused on a certain industry, such as technology or natural resources, this may not be the best option for you.
As a result, it is dependent on what you are searching for. In any case, Fry’s Investment Report is a real business with a reasonable return policy, so there’s nothing to lose by trying it out.
Keep in mind that there are no assurances that you will profit from this service. So, even if you think you’ll earn a fortune, just invest what you can afford to lose.
The Wealth Acceleration Summit, hosted by Eric Fry, is all about how the “Technochasm” is causing a tech-fueled wealth disparity in America, which Eric claims is being accelerated by exponential technological innovation and adoption.
Eric addresses one technology he’s very optimistic on, 5G, and one company he feels is at the vanguard of this rising trend – Akamai Technologies – throughout his presentation.
In two research papers, he outlines additional 5G and technology-related firms he’s interested in, as well as a list of stocks he suggests selling. The Portfolio Purge is one, and 5G Plays Every Investor Should Own is the other.
The only way to get these reports is to pay $49.00 for a subscription to Fry’s Investment Report. As previously said, whether or not this service is worth joining is a personal decision, but it is a real recommendation and may be worth investigating if you’re a long-term investor.
Whatever you choose, I hope you found this information useful.
- reopening stocks to buy