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Bye, Fossil Fuel! 2 New Energy Profit Plays For The 2020s

I believe it’s safe to say that we’ll soon say goodbye to fossil fuels for good.

And I’m not the only one.

According to Richard Chatterton, the head of oil at BNEF, had this to say on the future of fuel:

Bottom line: The time for renewable energy has come — and I want you to be able to get in on the ground floor of its rise over the next decade.

Check out this week’s video for two profit plays.

Bold Profits Daily
October 15, 2019

Hey everyone. This is Paul with your Bold Profits Daily.

Today I want to tell you about a very important, critical thing you need to know. For some of you to preserve your wealth and for others of you to make money and grow your wealth. I can best show this to you by doing a demonstration.

[Lights match] No, this is not about the invention of fire or about knowing how to make a campfire. Today’s Bold Profits Daily is about a critical sector of our economy that is going through radical, astonishing and rapid change that represents a threat to some of your wealth and an opportunity for others.

It is a sector that is huge — three trillion plus. If I think back to my early days I grew up in India. At that time there was often periods of time when we were forced to use matches to light up candles, lanterns that used kerosene, lanterns that used propane.

They were dangerous, they put out a lot of unusual scents that were probably bad for us, but we had no alternative because we had no reliable form of electricity. Electricity went out all the time. In India we called it “power cut.” That meant darkness except for these very rudimentary forms of light.

In India it was warm so, thankfully, we did not need heat, only light. Today, if you look at the United States and the world in general, there is an equally important transition going on. We are moving from fossil-based fuels, which is the old, to non-fossil-based fuels, which is the new. This extraordinary change from the old to the new is now about to take off and destroy the old.

Simultaneously it will rocket up the new. As I said, this represents a moment of great peril for those of you who are invested in the old and great opportunity if you’re invested in the new. I’m making this Bold Profits today because while I was doing my work to come up with it, I came up this tweet from a very credible source.

It is Bloomberg and it has its new energy foundation. It comes from their head of oil, Richard Chatterton, who says, “In the late 2020s, and the mid-2030s, we may see a peak in gasoline and diesel consumption around the world. Be prepared for the unexpected.”

In other words, they are calling for the peak in the use of oil, gasoline and diesel. What it is going to do is certainly destroy the old world oil stocks that so many people own for their income. For so long oil has been the energy source that we have all relied on.

At the same time, it is going to light a fire underneath these two sectors. Yesterday I told you that semiconductors and industrials are going to be the critical areas of the stock market for the near future. I also believe these two areas of the stock market are going to surge higher.

First, let me read this quote to you. This comes from the CEO of NextEra Energy, Jim Robo. Just so you know, it’s a $100 billion-plus company in the stock market. This is a highly credible source.

He says, “We see renewables plus battery storage without incentives being cheaper than natural gas and cheaper than existing coal and existing nuclear.” In other words, the CEO of one of the largest utility companies in the world is telling you that the old is going to be replaced by the new. It is just a matter of time. The destination of the old is completely certain. It is going to be zero.

The place you want to be invested in is in the new. You want to be in new energy companies if you are a growth investors. That’s where we focus in Profits Unlimited and across my services. This is my shameless plug for my services.

If you want laser-focused recommendations that get you to the heart of the opportunity where you can find stocks that soar higher and oftentimes quickly, check into Profits Unlimited, True Momentum, Extreme Fortunes and the $10 Million Portfolio. These are our stock selection services. Phenomenal stocks and will give you a laser-focused opportunity.

For those of you who are a little bit scared or have never bought a stock or are new to me and say, “I don’t know who you are, Paul. Why would I go to you and hand you money?” Fair enough. We’re going to show you two different ways to make money.

The first way is for folks who are a little more conservative — perhaps you like a little bit of income. Check this out and you’ll see what I mean. You should be buying the S&P 500 Utilities Select Sector SPDR Fund (NYSE: XLU). An ETF is just another kind of stock.

Look at this. It’s filled with some of the most conservative kinds of companies in our economy and our markets and they are outperforming the S&P 500 by a lot. That’s because many of these companies are switching over to new energy. What they are finding is new energy is cheaper to collect and distribute than the old way of coal, natural gas, gasoline and diesel.

As a result, they are making more money. However, most investors think of these as old fashioned and think they only make a limited amount of money. As people discover it, they are bidding the stocks high. XLU is for you conservative investors who are looking for a little less growth but you get into the opportunity.

Growth number two is a stock that I have been telling you to buy for some time now: Invesco Solar ETF (NYSE: TAN). This gets you closer to the heart of this new energy revolution that is unfolding right now. It gets you into the solar companies and associated companies that use solar energy, which is becoming the primary new-energy source.

That’s my Bold Profits for you for this week. There is an extraordinary, massive shift coming in energy. It’s a three-trillion-dollar sector of the stock market and you want to be away from the old. You want to jettison out the window and get into the new.

You have two ways to get in. One for conservative investors — XLU, the utilities ETF — and for growth investors you want to be in TAN, the Invesco Solar ETF.

Before I say goodbye, if you like this video please subscribe to this channel, give it a thumbs up and share it with your friends and family. Comment below if you bought in to TAN before and have made money or if you have anything you’d like to let us know.

I’ll have another Bold Profits for you next week. Until then, this is Paul saying bye.

For more of my thoughts on investing and industry news as it happens, be sure to follow me on Twitter @MampillyGuru.


Paul Mampilly

Editor, Profits Unlimited

P.S. Shameless plug alert! I told you about a killer ETF you can buy today to start making money on the new energy revolution. This is a great way to jet away from the old and collect the big bucks on the new. But if you want a bigger way to get in on this huge opportunity, you have to check out my Profits Unlimited. I’ve found a little-known company that is at the forefront of this energy revolution. They have the game-changing technology to bring energy into the new world. Click to find out what it is and how you can get it now.

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