Thursday, July 23, 2009

Water, Water Everywhere...Saving $ on it and Making Money Off It


Water MAY be the next oil...or it may not. Water is in some circles referred to as "Blue Gold" since "Black Gold" is selling for less than 1/2 of its all time high. Regardless of how soon the "water bubble" occurs, all the likelihood of a big run up in water related stocks and water related industries are forming. A shortage, a strong surge in demand, and a feeling of "they are idiot proof investments and everyone needs them" similar to dot com stocks and houses makes me think that there is a big bull market in water in the next 10 years. Businesses are coming up with innovative ways to reduce their water costs in the face of an increase in demand.

Some companies are coming up with creative ways to make money off of reusable "grey" water. Other bloggers have noted how to make money on the water sector.
And of course, you can buy individual water stocks that are highly undervalued.

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