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Room for Profits in the Clean Energy Business

I am still very keen and excited on the energy industry. There's lots of opportunities to make a lot of money but avoiding the potential land mines that still exist in the solar, wind, stored energy and natural gas plays, can be very stressful. However, that's where the safety of exchange-traded funds comes in. Although all exchanged-traded funds can be volatile, many positions in these funds are researched exhaustively before they are included in the respective indexes that they track, making these funds a good candidate for an investment.

I am not recommending any particular fund, although I may be impartial to a few out there. I believe that investors still need to be very patient until many of the heavily subsidized sectors in this industry to bear fruit.

One could start by taking a look at Invesco's PowerShares Wilderhill Progressive Energy Portfolio, which is based on the Wilderhill Progressive Energy Index. The index is composed of companies focused on the following areas: alternative energy, better efficiency, emission reduction, new energy activity, greener utilities, innovative materials, and energy storage. The fund have performed decently over the last 6 months but I am unsure on what type of performance an investor could expect to reap in a fund like this over the next six months. I am mentioning this fund because of the stability and diversification of it holdings, and for investors who may want to cautiously get involved in the industry using a managed fund approach, not because I have any particular affinity to the fund, its management or the fund's performance.

For a more detailed explanation on the fund or for a complete prospectus or other additional information on this fund give us a call at 1-866-801-3359.

If you are looking to rollover a 401k or a 403b plan from your last job, call us at 1-866-801-3359 for a free consultation on the tax advantages and disadvantages to completing your rollover.

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