![]() |
|
|
|
#1 |
|
Recycles dryer sheets
![]() ![]() ![]() ![]() Join Date: Apr 2007
Posts: 202
|
Powershares Global Water ETF ??
http://www.powershares.com/products.aspx?ticker=PIO
http://www.resourceinvestor.com/pebble.asp?relid=32991 http://seekingalpha.com/article/42757-water-industry-etfs-should-continue-to-perform I have been looking at this as a way to invest in an eventual environmental cleanup by China. Any thoughts? |
|
|
|
|
|
#2 |
|
Thinks s/he gets paid by the post
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jun 2005
Posts: 1,071
|
I own CGW. I like it because it has a higher percentage of the large cap clean up companies that China and other countries may use. It just has a bias that matches my preference for large caps over the next few years.
Three Clear Plays on Water Purification - Personal Finance - ETF Tuesday - CGW - DHR Yahoo! Finance Charts
__________________
Compounding: Never forget! Never not remember! |
|
|
|
|
|
#3 |
|
Recycles dryer sheets
![]() ![]() ![]() ![]() Join Date: Apr 2007
Posts: 202
|
greg
Thanks for the input. If you are right about the China bias then CGW will better suit my needs. I had also looked at IPAX Environmental Markets IEM.L and Jupiter Green but they are traded on the London exchange and seem hard to buy. Fidelity says they will charge 5% to buy IEM for me. E-Trade might be cheaper. They charge 20 pounds + $50 + currency conversion charges = still looks a lot less than Fido. Now that I have found thes US ETF's I most likely will stick with them. Thanks again. |
|
|
|
|
|
#4 |
|
Thinks s/he gets paid by the post
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jun 2005
Posts: 1,071
|
joesmx:
I'm home alone today with too much time talkin to Jack. I also own some PHO and GE for my trifecta water play. GE bought a water purification company about a year ago or so. They use some sort of passive filter system to clean water. HYFLUX.pk (Singapore) has a similar product and it's a purer play for drinking water clean up. It's a sort of rubber membrane in the bottom of large tube and salt or just about any other unusable water is poured in the top and the good stuff comes out the bottom; it think you can also pressurize the top end to increase quantity. There may be a bias by China and SE Asia to use an Asia company, but that's purely a guess on my part. It's gone up quite a bit (60%) since I first looked at it, and it's in PIO. I like it a lot but won't ramp up the number of shares to make the buy charges reasonable.
__________________
Compounding: Never forget! Never not remember! Last edited by greg; 09-01-2007 at 02:51 PM.. |
|
|
|
|
|
#5 |
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ... ![]() ![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jul 2003
Location: north of Kansas City
Posts: 5,647
|
Last of the Mohican's - Aqua America(WTR) in a DRIP plan. I got hosed/bought out of my other two or three water utes around 2000.
Still like it as a sector but not shopping right now. heh heh heh - place this thread in the back of my mind for ideas. |
|
|
|
|
|
#6 |
|
Thinks s/he gets paid by the post
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jun 2005
Posts: 1,071
|
unclemick:
I think the utility water companies such as WTR are a different play and from a different era--from a tribe, long, long ago. My father always had a couple of American water utilities perking (paying divis and steadily but undramatically rising in price) on the back burner. Almost always very big money makers over time. Just chart em against the S&P over an extended period . And little if any volatility. And they're outside of the energy equation box which is the opposite of electrical and gas utilities. A tortoise of a different color.
__________________
Compounding: Never forget! Never not remember! |
|
|
|
![]() |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Any of you gys pay water bills like this? | farmerEd | Other topics | 22 | 06-03-2007 09:39 PM |
| Little water..... | Donzo | Other topics | 9 | 01-14-2007 12:15 PM |
| [toe -> water] | Scrooge | Hi, I am... | 22 | 09-29-2006 12:21 AM |
| Selling Tweedy, Browne for Powershares Int'l Div ETF | Nords | FIRE and Money | 28 | 05-16-2006 02:29 AM |
| How Far Are You From Salt Water? | haha | Other topics | 42 | 04-18-2006 05:36 PM |
|
Other
Social Knowledge
forum communities: Cooking Forum - Sailing Forum - Early Retirement - Airstream Trailer - Aquarium Forum - Royal Forum - Book Forum - Volkswagen Touareg Forum - Jeep Wrangler Forum - Whitewater Kayaking & Rafting Forum - Fiberglass RV Forum - RV Forum - Truck Conversion - U2 Music Forum |
|
Powered by vBulletin® Version 3.7.4
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd. Search Engine Friendly URLs by vBSEO 3.2.0 |