OK so I am DEFINITELY not the next Warren Buffett. However, I feel pretty smart for having liquidated some poorly performing mutual funds in my 401k account about 5 months ago and using the money ($400) to invest in some 25 shares of General Electric (when it was at $3.56 a share) as well as 100 shares of AIG (when it was 44 cents a share). I also bought 10 shares of a stem cell research company as I figured that was a sector sure to grow in the future. Today, my $400 investment into these stocks is worth almost $2000, five short months later. I bought these things at the bottom of the market when everyone had been selling furiously. And it got me thinking about where the next “big” investment sector would be found. I think green energy is it. Continue reading… Investing In Green Energy
OK so I am DEFINITELY not the next Warren Buffett. However, I feel pretty smart for having liquidated some poorly performing mutual funds in my 401k account about 5 months ago and using the money ($400) to invest in some 25 shares of General Electric (when it was at $3.56 a share) as well as 100 shares of AIG (when it was 44 cents a share). I also bought 10 shares of a stem cell research company as I figured that was a sector sure to grow in the future. Today, my $400 investment into these stocks is worth almost $2000, five short months later. I bought these things at the bottom of the market when everyone had been selling furiously. And it got me thinking about where the next “big” investment sector would be found. I think green energy is it. Continue reading…