Natural disasters devastate everything from people’s lives, to their homes, to the stock market.
When storms make major headlines headlines, the oil and gas industry initially faces major trouble.
Let me save you from further disaster, and make your investments hurricane-proof.
This tried-and-true safe haven brought $19,660 to investors that found refuge during Hurricane Harvey.
Preparing for a hurricane has a way of making you feel like no matter what you do, it won’t be enough.
You can buy gallons of water and dozens of canned foods, but nothing curbs the dread in the pit of your stomach when your city’s name is eclipsed by a swirling vortex of color on the evening news.
The president will call a state of emergency, the roads will close, and you’ll huddle up in a home you hope will be safe and wait.
First, the lights go out. But not to worry, you have battery-powered flashlights and candles.
Then the stagnant air without the whirr of the A/C drives you mad, and you listen and wait as the static of the radio delivers news about the storm.
When you’re faced with a hurricane, you shouldn’t be concerned with your interests in the stock market.
Yet, over the course of the month Hurricane Harvey ravaged the Texan coast, fear spread that Dallas would run out of gasoline.
Oil refining capacity for the entire country was down to 30%. Gas prices were skyrocketing. Anyone with any sort of interest in oil stared in horror at lashing winds and rain.
The United States is dependent on oil. We rely on it to go to work, to run businesses, to mass produce, to internationally trade.
Harvey threatened the mouth of the oil industry in the Gulf, and the country watched in hesitant awe to see what would be left.
Thankfully, markets across the country bounced back (even making new highs) following the storm’s dissolution.
But that didn’t save investors from obsessively watching oil prices as they lay their hard-earned money on the line.
Whether you live in an area likely to be affected by hurricanes or not, the mass destruction they cause in such an oil-reliant nation can be catastrophic from coast to coast.
So, what does this mean for you?
Oil is not the only form of energy you can invest in.
Renewable energy companies have slowly but surely been permeating the market for a foothold in a progressively greener world outlook.
From solar power to wind energy, these securities are much less likely to be devastated by a single natural disaster.
One company in particular was unaffected by Harvey’s antics entirely, acting as a buffer to fearful investors in their time of need.
Enphase Energy, Inc. (ENPH) designs home energy solutions in the solar industry. With sales both in the U.S. and abroad, their environmental impact is largely positive.
ENPH allows people like you and me to contribute by implementing their technology to generate our own clean energy.
As far as investing goes, this company has a bright future ahead of them, and a good track record in the rearview mirror.
Investors flocking to an oil alternative amidst Harvey fears would have invested back when ENPH was valued at around $0.82.
By the time the storm passed, that investment saw an 108% increase!
Carry that initial investment to today, with ENPH sitting at $20.48 and climbing, and Hurricane Harvey just handed you $19,660!
With that, don’t let doomsday talk in the media about plummeting oil prices have you running for the hills, swearing off the stock market forever.
Renewable energy is the energy of the future, but luckily for you, the pioneers of the industry can make you cash today, ready to withstand a hurricane.
Thank you
Good call
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