Invest in Hard Assets!
Source: http://feedproxy.google.com/~r/ContrarianProfits/~3/8vgic8yaq4E/18068Posted on Thursday, June 18th, 2009 | In Market Commentary
I love hard assets… like energy, agriculture and metals. Why? Because there is a good chance that inflation is going to devalue paper currency around the globe.
You need to have a portion of your wealth in something tangible—something you can hold in your hand, like a hard asset. I’m talking about oil, grains, livestock, sugar, copper, aluminum, gold, silver, platinum and even forest products like lumber.
The price of oil will never go to zero! Someone will always be in the market to buy gasoline. Gold has never been worth $0. Silver could always buy you a meal–even in ancient times.
But can the value of a stock or a paper currency go to zero? Yes, indeed. One good way to invest in hard assets is to buy the Market Vectors RVE Hard Assets Exchange Traded Fund (HAP). This ETF closely tracks the Hard Assets Producers index which consists of over 250 companies engaged in the production and distribution of hard assets and related products and services.
The Hard Assets Producers index was developed by the legendary international investor Jim Rogers. It includes water and renewable energy sources like wind and solar which are ever more important natural resources. Some of the big holdings of the index are Monsanto, Exxon Mobil, Potash, Syngenta, BHP Billiton, Archer-Daniels-Midland and Gazprom.
Protect your wealth and invest in hard assets.
Source: Invest in Hard Assets!
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Archer-Daniels-Midland, Bhp Billiton, contrarian profits, energy, even forest products, Exxon Mobil, Gazprom, Jim Rogers, Market Commentary, Market Vectors RVE Hard Assets Exchange Traded Fund, Monsanto, Oil, Potash, Renewable Energy Sources, Syngenta, USD
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