Invest in Solar Power
Many investors believe that our future energy requirements are largely covered by solar energy, and if you agree, means in solar companies and invest Mutual may be playing smart. There are a number of investment funds, exchange traded funds and individual companies that do Space in alternative energy, and devote part of your stock market portfolio to enable enterprises, you can make a bet on green future. Consider investing in the mainstream companies, the portion of their business to do in the solar energy arena.
For example, CNN reported recently that Applied Materials, which is primarily a manufacturer of semiconductors, could play smart to be for those who believe solar energy wave of the future is. Limit your risk by investing in mutual funds focused on alternative and green energy industry. Investment fund invests in dozens or even hundreds of companies, and this strategy may limit certain equity risk.
Invest in Solar Power
If you purchase individual stock, there is always risk that company will go out of business. With mutual fund you are part owner in all companies owned in fund, and chances that all of those companies will go bust is negligible. Research outlook for solar power industry and understand factors that could positively and negatively effect returns those in industry are able to achieve.
Some of many factors that could reduce or increase prospects of those companies include new discoveries of oil, political turmoil in energy producing countries and political volatility over government investments in solar power. Contact several mutual fund companies and brokerage firms about their minimum investment requirements and costs of investing. By shopping around you can find brokerage firms that charge as little as $7 per trade, and those low costs can leave more money in your pocket.
When choosing mutual fund, look for one that has good track record and low expense ratio. Consider purchasing shares in solar ETF. ETF is exchange traded fund, which is basically mutual fund that can be bought and sold like stock.
One advantage of using ETF instead of mutual fund is fact ETF can be bought and sold in real time during trading day, allowing you to determine exact price you pay when you buy and sell.
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