When 7-Eleven doesn't take cash, you better pay attention

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Strange reports from the East...

If you haven't visited a certain ancient society lately, you may find the following story hard to believe... even alien to you. But by simply by accepting it and understanding the sheer genius of it, you may find yourself very interested in ways to invest in this exciting technology.

But before I get to how to invest in it...

Imagine a society where people stroll out of their houses in the morning and leave their wallets behind. They go about their day with no credit cards, no debit cards, and NO cash. (In fact, merchants laugh at them if they even attempt to pay with these "primitive" items.)

Well, that society not only exists today, but it's also 4 times larger than the U.S. population, and it seems at least that far ahead of us when it comes to implementing this radical, game-changing, and extremely profitable technology.

This quote from a Bloomberg reporter sums it up well: "So when I tried to use cash to pay for meals or odds and ends at 7-Eleven, waiters and shopkeepers were either confused or bemused."

Of course, I'm talking about China, where people in urban areas can glide through their normal days with nothing but one or two apps on their smartphone.

Call it "the death of credit cards" or "the death of cash" or whatever you want...

...But it's spreading quickly across the globe, and I believe every investor needs to understand this or risk missing out on several companies that could potentially rake in billions from this inevitable wave.

How much longer do you think this technology stays under the radar with this kind of coverage?

  • The New York Times calls it "a gold mine of staggering proportions."
  • Research firm IDC told the Times: "Literally every business and brand in China is plugged into this ecosystem."
  • BI Intelligence estimates global growth from $75 billion this year to $500 billion in 2020 — a roughly 88% compound annual growth rate.

I believe this has set up a great opportunity for four outstanding companies whose stocks have been personally recommended by David and Tom Gardner.

David and Tom co-founded The Motley Fool 25 years ago and are well-known for investing ahead of the wave when new technologies like this appear on the horizon.

For example, here are actual returns for stocks they picked ahead of these trends:

Internet commerce: Amazon UP 11,578%

Video streaming: Netflix UP 13,193%

Digital entertainment: Marvel (now Walt Disney) UP 7,705%

Online travel services: Priceline (now Bookings Holdings) UP 7,435%

Gaming: Activision Blizzard UP 1,385%

Of course, not every pick is going to be a winner (and anyone who tells you different is lying), but David and Tom's overall track record is the envy of Wall Street.

Now, because of this exciting new technology coming out of China...

... and because of David and Tom's enviable track record of investing in tech stocks...

... We felt this was a great time to put together their recommendations in an easy-to-understand investor's guide called "Leave Your Wallet at Home: 4 Stocks for the Digital Payments Revolution."

And the best part is that we are sending a complimentary copy of this powerful report to every member of Motley Fool Stock Advisor.

If you want to get your hands on this valuable investing research... your timing could not be any better.

Because until tonight at midnight, we are running a HUGE celebration sale... that allows you to grab a copy of "Leave Your Wallet at Home: 4 Stocks for the Digital Payments Revolution"... AND knock up to 75% off the regular list price of Motley Fool Stock Advisor.

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That's as much as $300 off the highly successful stock service led by Motley Fool Co-Founders David and Tom Gardner.

But you have to act quickly, because this special offer expires at midnight.

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Yes, I want to grab my copy of "Leave Your Wallet at Home: 4 Stocks for the Digital Payments Revolution" while I can still save up to 75% OFF Stock Advisor

See you soon!

Rex Moore

Rex Moore
Senior Technology Reporter
The Motley Fool

 

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We work fervently, feverishly, and Foolishly to make sure all the facts and figures we publish in our emails are 100% accurate and up to date. Returns as of August 07, 2019. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. David Gardner owns shares of Activision Blizzard, Amazon, Booking Holdings, Netflix, and Walt Disney. Tom Gardner owns shares of Netflix. The Motley Fool owns shares of Activision Blizzard, Amazon, Booking Holdings, Netflix, and Walt Disney.

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