We All Need Water, Right?

We all need water, right?

Take a look at the First Trust Water ETF.  It holds a groups of companies that follow the Clean Edge Water Index.  It is one of the strongest performing ETF's over the past 3 months - up almost 10%.  

It has gained almost 70% in value since the start of 2016.

Why the gain?

With the recent new reports out noting that global atmospheric C02 levels hitting a record high, and world weather patterns changing (more droughts)...demand for potable and wastewater systems has increased... and is expected to accelerate.

So don't believe Trump and Republicans about the environment.  Just follow what the markets are telling us.

Disclosure: We do not own FIW, but we are considering a position in it for the long term.

We all need water, right?

Chris Vig is president of The Vig Company and is an investor, artist, author, business consultant and former CEO living in Monona, WI. This article is for entertainment purposes only.  Do you own diligence when investing your hard earned cash.