Invest in oil and make millions now. Or invest in alternate fuels and make billions ten years from now?

Question

It seems that the way the world is going, oil production will peak very soon and things are going to get very bad for the average worker any like you and me.

Should one invest in oil now and make money now? Or, take a chance and invest on alternate fuels and technology in the hopes that it will pay off later on and make even more money off it?

And lastly, does anyone know of any stocks and companies to invest in in alternate fuels and technology?

Answer 1

Oil will remain profitable for the foreseeable future, and large oil companies such as BP and Chevron are investing heavily into alternative fuel sources.

If you want to invest in alternative energies, I would suggest looking at one of the green energy ETF's.  This will mitigate your risk of investing in individual companies that may not be around in a few years and will allow you to catch some of the upside of those companies who succeed.

Answer 2

I have had oil investments for years but I am seeking all possible ways to not use fossil fuels for the future in my home, for transportation etc. As far as investing in alternate fuels and technology, that is crapshoot. Many of the companies are start ups and won't be around 2 years from now so????

Answer 3

The market is running with oil so you have to run with it.

As a trader, you run with what is hot and not what may be hot someday.

As an investor you buy a sure thing and not buy into alot of political hype that may or may not be,

So as either a trader or an investor you have to invest in a sure thing and run with the trend and the trend is in oil

What alternative do you buy??

How long to do you have to tie your money up and hope it works out??

You never invest or trade based on "hope" or any other emotion, you buy on reality.

You can google for alternative fuels and/or technology and this will provide companies that are "working' on it.

You can alway buy into a mutual fund or and ETF that specializes in energy companies. you can check them out

at MSN,money http://moneycentral.msn.com/home.asp or Morningstar http://www.morningstar.com/

But for trading and/or investing, you have to stay with what's real, even if you're a fan of Warren Buffett, you'd stick with what's real