where is t boone pickens from
So you're green? You live in one of those houses that are out of the hillside with solar panels everywhere. You ride a bike in the summer and a unit electric car in the winter. grow your own food, its own water pump and not a drop of oil will always be at home.
While Green might not perhaps believe strongly in reducing their carbon footprint or think that green will make some significant green. How to invest in green? what there for your money?
No green bank accounts, but they are green investment funds and stocks *. First, we to see investment funds:
Business 1.) Winslow Green Growth Fund (WGGFX) - All green. as Chipotle, Green Mountain Coffee ready, and First Solar. (First Solar is one of the most successful solar Companys there now.) While the management costs are high, this mutual fund has a large history of success.
2.) New Alternatives Fund (NALFX) – Almost all green. This fund also has a very good history and great management. Companies like Whole Foods and Owens Corning in this fund. This is not a "pure play" but still very green background. (A "game pure "would be any company that has no interest in anything that is not green).
What if you are a person of value? Note that to find works that are pure green, you have to go mostly small cap. (A small company) At present, shares of small capitalization are very risky so invest only a small amount of money (around 10%) in these small-capitalization equities.
1.) General Electric (GE) - Not very green. GE is involved in many industries, but also one of the largest manufacturers in the turbine industry wind. In fact, Boone Pickens has placed an order of 667 wind turbines for his "Pickens Plan" Not very green, but a good company to anchor your portfolio to the long term.
2.) clean energy Fuels (CLNE) - Almost all green. This company is building fueling stations for natural gas and provides natural gas to cities and individuals on the West Coast. Despite the slump in the value of now, this will be a leader, if natural gas vehicles each more frequent. That's the bet, however, and why the actions in this are so risky.
3.) Quanta Services (PWR) – About 50% green. So you're from Boone Pickens and has 667 wind turbines in central America and is making Bookoo amounts of energy. How going to get all its power to homes and city power grids? You call Quanta Services.
4.) First Trust Global Energy Wind Energy (FAN) – Mostly green. This is not an action. It is available as an action and changes in value as an action, but is actually a collection stocks of all meetings called by the ETF. The fund invests in wind energy companies worldwide. This is a very risky investment, but if you in it for the long term, you will make some money.
These are just a few of the many green companies and funds there. Attention! Alternative energy is currently not popular because the price of oil is so low. Most of these companies are very low in value. That may be an opportunity purchase, but may have to go lower still. Take care.
So its green color and to invest now? My suggestion is to look at a fund mutual or two. Stocks may be too risky right, but now Obama has been public in his support for alternative energy, so that many investors are green starting to take another look. So to work, start investigating and if you're not sure, leave a comment. We'll help!
* Please do not take these as recommendations to buy. These are the names to research or ask your financial advisor about.
