Nations such as Greece are in imminent danger of defaulting on public debts.
Thousands of people are protesting in the streets in response to austerity measures.
Here in the US, unemployment is rising. A number of indicators are suggesting a return to economic contraction.
On the stock market, weeks of declines in major indexes have wiped out all of this year’s gains.
In many ways, our times are a lot like the years of the Great Depression. It is easy for us to get discouraged and “lose our heads.”
But we shouldn’t…
We are living in the most technologically productive period of all history. The negative parallels between now and back then are not lost on many. But the positive ones are. Most people do not realize how technologically productive the 1930s were.
And, discoveries and innovations are being made right now. Discoveries that will create large fortunes in the years to come.
If you keep your eyes on that prize, and invest accordingly… you will enjoy world-beating gains. Famous investor Sir John Templeton did exactly that.
In the dark days of 1939, World War II was breaking out and it seemed that the Depression would never end. Templeton invested $10,000 in a basket of stocks.
He ignored the market fluctuations. He kept his head when everyone else was losing theirs. He picked up fundamentally great companies on the cheap.
By the end of the war, that investment made him hundreds of percent worth of gains. He used those profits to build a huge fortune over the following decades.
Today’s explosive growth in technologies could help you grow a fortune like Templeton.
And there is one new technology that stands out: HTML5.
In 1990, physicist Tim Berners-Lee wrote the original standard for hypertext markup language (HTML). Since that time HTML has become an epic success.
HTML provided a standard format for presenting text and images at a time when the Internet was beginning to take off. It became the key enabling technology for the World Wide Web.
It also created overnight millionaires…
But things have changed since the early 1990s. Webpages do much more than just show text and images these days. Web applications have become a central feature.
For example: On Yahoo’s finance page, you can manipulate dynamic stock charts. If you get lost, you can find directions using Google Maps. On Facebook, you can keep in touch with more people than you probably should. You can easily kill your productivity entertaining yourself watching videos on YouTube.
None of these things was written into the original HTML or its revisions. To do all of this stuff, web designers needed to turn to other formats (like Adobe’s Flash or Sun’s Java). HTML’s open format can be rendered in any compliant browser. These third-party formats require installation of a browser plug-in software to use them.
And, plug-ins really slow things down.
Especially for someone that regularly has dozens of web pages open at a time. Running so many of these third-party applications really takes its toll on computer performance. This is especially true on mobile devices. It is reported that Apple’s CEO Steve Jobs hates Flash’s impact on performance so much that he won’t support it on iPads or iPhones.
With over 70 million smartphones in the US alone, a more-efficient way to show rich content is needed. Speedy 4G networks will only accelerate the trend toward greater smartphone use.
The new HTML5 standard being developed by the WWW Consortium aims to change all of that. It grows the core Web presentation language past pages and into applications.
For example take the “canvas.” The “canvas” feature lets a developer add moving and interactive graphics that can be used for animations or games. You could have interactive stock charts without the need for Flash or Java. HTML5 also incorporates features like video playback, as well as drag and drop. No third-party apps needed.
HTML5 is going to accelerate rich and open content for the mobile computing market. The closed “App Store” model used by companies like Apple and RIM will be affected by this trend. Probably not positively.
Developers are already talking about deploying applications through HTML5. This way they can sidestep the Apple App store “tax” and lock in. Since HTML5 will work on standards-compliant browsers, developers will have a larger potential market for the same amount of work.
Generating rich, interactive web applications will be easier on HTML5 than it is now. It will drop barriers for new web startups to enter. Who knows what profitable new ideas are going to crop up in the years ahead with HTML5?
[The Sleuth’s Note: Companies that are taking strides to incorporate HTML5 are out there. But, this technology is so new that it may take a little extra effort.
We were able to find a few interesting HTML5 plays to get you started. You can start out by taking a closer look at these: Broadcom Corporation (NASDAQ:BRCM), NVIDIA Corporation (NASDAQ:NVDA), and Advanced Micro Devices (NASDAQ:AMD).
The beauty of these three plays is not only are they staying on the forefront of HTML5, but are also working to make strides in the semiconductor industry.
But as always, before buying anything, we suggest doing your homework.]
Ad lucrum per scientia (toward wealth through science),
-- Ray BlancoSource: Penny Sleuth