Will water one day be more valuable than oil? Some investors believe water is a great long term trade because the resource will simply deplete with time. Lucky for you there are easy ways to invest in water right now through ETFs.
I have two water ETFs featured here that should quench your thirst just fine. Perhaps it is time you added water to your investment portfolio.
Powershares Water, Symbol PHO
This Exchange Traded Fund seeks the performance corresponding to the Palisades Water Index and boasts a market capitalization of just over $2 billion.
Claymore S&P Global Water, Symbol CGW
Seeking the performance corresponding to the Standard and Poor's Global Water Index this ETF boasts a market cap of $230 million and is also a great way to invest in water.
Interesting play, I wonder what sort of future business opportunities there are in the water industry. Once supply<demand this would be the most crucial commodity on the planet. You can't live without it!
After following your blog for a week, i just subscribed to it today. There is alot of great advice and information available on this blog. I look forward to reading more!
Definitely, the long term potential for water as an investment is there.
oh excellent, welcome to the community