Cowboy Caleb the liberal arts, grown-up stuff & random mischief

Changes to my portfolio

I have it on very good advice, that is extremely urgent that I diversify my portfolio to include companies in the fields of Nuclear energy, waste treatment and other alternative forms of energy.

A huge change is coming, and either we ride the wave and get swept under by it.

Interesting, but extremely urgent? I doubt that strongly.

For alternative energy to take off, that would mean most the O&G companies that are doing extremely well right now will have to come down drastically. Remember, it’s a zero-sum game. That seems highly unlikely in the near future, there are too many vested interests in O&G. OPEC is also still very powerful. US is doing their best to curb nuclear proliferation worldwide. They are even beating down palm biodiesel (check the Malaysian Palm Oil website).

Sure, you can put your money into alternative energy now, but you might have to wait years (decades? how long will it take to replace existing infrastructure and delivery systems? eg petrol stations) I’ll would rather make money off O&G first, then when there are clearer signs go into alternative energy. I don’t want to have money locked in a sector just because I want to be able to gloat “I was there first!”. I think I just want to maximise returns.

Agree. I’m buying into solar energy stocks and getting returns from it!