How to Invest in Renewable Energy Mutual Funds and Companies – Invaluable Tips for the Conscientious Investor- Part 2
It is wise to consider investing in companies that are established when dealing with the renewable energy market. Doing so is much less risky than putting your money in small start-ups. Some examples of established companies include: Johnson Controls, Sharp Solar, Waste Management, and GE. Also, you might want to consider investing your money in companies that participate in the Climate Action Partnership, which includes companies lobbying for carbon dioxide emissions reduction worldwide. Examples of these are DuPont, Caterpillar, GE, Alcoa, PG&E, Duke Energy, FPL Group, Lehman Brothers, BP, and PNM Resources.
You can look out for new renewable energy mutual funds that are just beginning to form. Current examples of such funds include Guinness Atkinson Alternative Energy Fund and the New Alternatives Fund. Also, check out ETF’s, which are exchange traded funds that you can sell and buy similar to stocks. Examples of these are PowerShares WilderHill Progressive Energy and Clean Energy, First Trust NASDAQ Clean Edge US Liquid.
So whether you want to put your money into green mutual funds, individual compaines or both, keep these tips in mind, and make sure you do lots of research. Knowledge isn’t everything in this, what is at times, unpredictable game, but the more of it you have, the better your chances.
For more information, go to:
en.wikipedia.org,
alternativeenergymutualfunds.org
The information supplied in this article is not to be considered as medical advice and is for educational purposes only.
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