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When An Idea Hovers

Published on 27/08/2020

We keep harping on about it here at Upside, but it’s true. We really do believe that anyone can have a great investment idea.

These ideas can come from anywhere - in the bath, making dinner, chatting with friends or family. We all have our own interests and our own specialisms, and that’s what makes us all great at picking out winning investment ideas.

Say you’re out for a walk, it’s a sunny day, and you’re crossing the street. You see an advert on the side of a bus for a brand new technological invention: the hoverboard. It reminds you of Michael J. Fox in Back to the Future. Great film.

After some time adding to your step count, you decide to rest on a bench and take in the view. Then you remember that podcast you listened to a while back - the one where they spoke to scientists who were using military grade hover technology to do something or other. What was it?

You find the episode, and listen again. And hey! You’ve got the seed of an investment idea!

You head for home, and open up your laptop, doing a little more research into hoverboards. Who is making them, what technology are they using, who is being backed by whom, and who will be first to market. You dig deeper into the people building them, you check out the company financials.

So, there you are sitting on a brilliant investment idea. What do you do next? Well, you log into Upside of course! All you have to do is input the stock name, your price prediction and over what time horizon. You’re going big because you’re convinced that hoverboards will be the must-have Christmas present of this year.

You attach your reasoning - all that research you did - and then submit. The Upside ecosystem will analyse your idea, weighing it against a whole host of data, as well as other users and the market. If you’ve gone a little bold, or not bold enough, Upside will be there to get you back on the right path.

And then… your idea is out there! Both retail and professional investors can now see it, and all your research, as well as the other ideas you’ve submitted. And who knows… they could buy it and you’ll be setting a trend!

Now what was just a passing thought about Michael J. Fox is generating you money. Money which you can buy your very own hoverboard with.

Welcome to the Upside ideas lab, where we know there’s a science to being right.

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