In my last two posts, I wrote about how attractive stocks in the Green sector have become for investors and how to prevent investment fraud from spoiling a Greentech investing experience. Now it’s time to discuss an investment strategy and where to invest precious capital.
Perhaps we can learn from one of the world’s richest men and most renowned investors. Warren Buffett once wrote that to invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What is needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. Our goal now is to design our own “intellectual framework.” …Read Full Article
After reading Part 1 of this series and doing your homework on the Green industry, you are almost ready to develop your investment strategy and begin execution. Unfortunately, we must make a sidestep and discuss the potential of investment fraud and what you can do to prevent it from ruining your day. A sad fact of the business world is that wherever there is an opportunity for profit, the criminal element has developed well designed scams to fleece unsuspecting “marks” of their investment capital.
According to the FBI, securities and commodities fraud accounts for over $40 billion a year in losses. Several other investment vehicles made popular by the Internet have drawn more than their fair share of scam purveyors, and lessons can be learned from their recent experiences. For example, currency trading was an easy target since you never could see your business partners “face-to-face.” Unscrupulous brokers promised enormous profits. Reviewing forex [foreign currency exchange] brokers became a must, a lesson now taught in most every currency trading course….Read Full Article
You have been a consistent supporter of today’s Green Revolution. You employ the latest conservation techniques in your home, you buy the best organic foods for your family, and you support products from companies that have earned a great reputation for protecting the planet. But, have you considered investing your precious nest egg where your mind is, in the emerging “Greentech” industry?
Green companies are no longer just a bunch of startups and emerging growth companies, implying high risk and showing very little revenue for their efforts. Quite to the contrary, there were several companies in the Green sector that outperformed the S&P 500’s gain of 28.8% for 2009, and quite a few others with multiples of that figure greater than the five fingers on your right hand. Mutual and index funds were not immune to this success either, as interest gathered for this “non-traditional” area of investment….Read Full Article