Easily Invest in Clean Energy

We all know we need more oil and natural gas supplies, and more reliable supplies at that. But the other side of that coin is that we also need more alternative energy supplies and conservation. I've discussed how to make money in the former; now I'll tell you about the latter.

There are numerous companies engaged in what is often termed the "clean energy" business. But there are so many different variations. Which technologies will be the ultimate winners? And which companies will be the ones that actually are able to cash in?

Enter the PowerShares WilderHill Clean Energy Portfolio. It's a member of the growing collection of ETFs (exchange-traded funds) in existence today. These are "baskets" of stocks that are conveniently combined into one unit -- and the unit trades just like a stock. It has price quotes that vary throughout the day, and you buy and sell it at your favorite broker (hopefully one with low commissions).

This fund, according to its site, invests in about 40 companies "that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy." Its trading symbol is PBW.

My sources are saying that PBX seems to be ending a major 4 month correction, and is starting a new advance. So this is your chance to save the environment, enhance our national security, and make money all at the same time.