Doug McKeige, Editor-in-Chief of CAPM 2.0, was one of six experts featured in Bloomberg’s quarterly column on Friday, “Where to Invest $100,000 Right Now.” Doug identified investments that will benefit from the big macro tailwind of the transition to clean energy. He suggests looking at unappreciated public companies dedicated to rebuilding the US electric grid. And he identifies ETFs which provide a diversified way to own companies up and down the battery supply chain – many of which are based in China/Asia: The Global X Lithium & Battery Tech ETF (LIT) and the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). The Amplify Lithium & Battery Technology ETF (BATT) is also a good choice. Purchasing a combination of these ETFs provides further beneficial diversity.
When asked how he would invest $100k in his personal life, Doug mentioned he has built a net negative-energy house and is “always looking to take as many things that run on fossil fuels and run them on electricity” – including his electric robotic lawn mower, which is popular in Sweden. “I’ve thought about buying a high-performance electric motorcycle from Zero Motorcycles,” he added, “but don’t tell my wife.”
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