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Time to Address Alternative Energy ?
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Oil and gas costs are rising as I type. Peak oil is predicted to occur between now and 2012 depending on who is doing the forecasting. What is a prudent investor to do? Well, for one, stay invested in the market. Alternative energy has etched a hope in the psyche of the nation. We can improve the technology to lower energy costs; right now though most of the improvements available are cost prohibitive. Someday they won't be. I don't know about individual companies but I do know about hope. Rather than focus on one or two stocks in the alternative energy area, I would suggest one focus on an ETF that specializes in that arena. There are too many horses with too broad a spectrum to distinguish an obvious winner yet. With diversification one can profit until a clearer picture forms. | ||
