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A small business blog featuring tips to help entrepreneurs succeed in the small business world. Topics include family business, human resources, marketing, money, networking, operations, ownership, startup, taxes and technology.
Investing in Energy
Energy — in a variety of forms — has a continuous and direct effect on our daily lives from top to bottom.
At present, fossil fuels account for 86 percent of world energy consuption. By 2020, global demand for energy is expected to outpace current world production by nearly 40 percent.¹
Here’s my energy portfolio:
…and a new fund that I will be investing in today:
WEGAX – Waddell Reed Energy Fund Class A
…and I’m considering buying into this new fund:
GAAEX – Guinness Atkinson Alternative Energy Fund
I predict that industrialized nations will witness an accelerated use of fossil fuels for another 10-20 years. The price of oil and gas will soar and supply will diminish rapidly.
Within 5 years, I see focus moving to renewable energy and alternative energy research, development and infastructure on a large scale basis. This will set up another energy investment opportunity for lucrative returns many years down the road.
¹ EIA; BP Statistical Review of World Energy
Consult with an investment professional before taking part in any investment scheme.
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