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Chart of the Week

How much time each day do you spend on your phone?

The average adult now spends almost 3 hours per day on their mobile phone, up from 1 hour just 4 years ago.

No wonder Facebook is no worth more than Walmart. I would like to see the same chart for kids. I would guess the blue bars would be less than 0.5 hrs and the green bars almost 5 (if my daughter is any guideline!). You can see why Apple is now the most valuable company in the world and could be the first company to hit a $1 Trillion market cap. Just project this trend forward a few more years.

We need to find a company to invest in that helps cure people of sore necks. At this rate of growth, everyone walking around with their head down staring at their phones is going to have some long-term health issues with bad posture and cricks in their neck.


Mike Hayhoe BSc, CIM, is Branch Manager & Senior Investment Advisor for Canaccord Genuity Wealth Managementis . A local Investment Advisor with 20 years of experience who leads a small independent team that loves working with great people to help them meet their financial goals.

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