California water crisis creates investing opportunity

Jeff Macke

Americans have no idea how lucky we are when it comes to water. Even with the drought ravaging California most of us are completely unaware of the depths of the water crisis in the rest of the world. The stats are mind-blowing. 780 million people lack access to clean drinking water. Every 21 seconds a child dies from water-related disease.

As the water crisis moves from something that happens to other countries into the U.S., it’s a decent bet that American corporations will somehow, someway figure out ways to solve the problem at a profit. That’s how capitalism works, after all. The question is when.

In the attached clip Tom Lydon of ETFTrends.com says the time is now. Millions of gallons a year of dirty, treated water gets dumped back into the Pacific every day, explains Lydon in the attached clip. “If you can capture that water and clean it then sell it back to the industries that use it, there’s a great opportunity.”

Lydon says several ETFs play specifically to water. His favorite is the Guggenheim S&P Global Water ETF (CGW). He also likes the PowerShares Global Water ETF (PIO), thanks to it’s heavy focus on water tech.

Water has been the 'next big thing' in investments for a while so be careful jumping in headfirst. Still, for those with the patience and foresight to see the coming storm, water just might be a decent investment idea for the long-term.

More from Yahoo Finance:
Slow grind with low volatility the market’s new normal
Living in denial can kill your portfolio

  • Discount supermarkets are taking over the US
    Business
    Business Insider

    Discount supermarkets are taking over the US

    America's largest supermarkets are slashing prices amid ongoing food-price deflation and growing pressure from the rapid expansion of discount-grocery chains like Aldi. The price cuts are squeezing profits and dragging down company shares. Kroger, Whole Foods, Sprouts Farmers Market, and Dollar General have seen their stock prices drop a collective 13% in the last three months.

  • Business
    The Drive

    Multimillionaire Gym Mogul Crashes Lamborghini Murciélago, Kills Uber Driver

    J. Gerald Smith, an 82-year old Uber driver, died this week after a yellow Lamborghini Murciélago struck his Buick Enclave, which was sitting at a stop sign. Roger Wittenberns, the 60-year old multimillionaire health club mogul, was behind the wheel of the Murciélago at the time of the wreck. Mr. Smith was a retired real estate agent.

  • T-Mobile outage? Customers wouldn't know the difference, says Verizon
    Technology
    CNET

    T-Mobile outage? Customers wouldn't know the difference, says Verizon

    Technically Incorrect offers a slightly twisted take on the tech that's taken over our lives. When Samsung had a spot of bother with exploding phones, I don't remember Apple offering: "That's karma for copying." In the cell phone service provider world, however, things are a little more, well, Trumpian. Invective is tossed like monkeys throw, um, mud. So when reports emerged on Thursday that T-Mobile's wireless LTE data had gone down nationwide, Verizon offered pithy sympathy. Verizon's vice-president of communications, Jeffrey Nelson, emitted this on Twitter: "Nationwide outage: most@TMobile customers wouldn't know the difference given usual terrible performance." T-Mobile didn't immediately

  • Got a Yahoo email account? Here are 3 things you need to do now
    Business
    MarketWatch

    Got a Yahoo email account? Here are 3 things you need to do now

    Yahoo Inc. said Thursday that account information for at least 500 million users was stolen by hackers during a 2014 breach. While thieves apparently were not able to acquire credit card information, bank account data or unencrypted passwords, Yahoo YHOO, -3.25%   users may have had their names, email addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, security questions and answers, exposed. So if you have a Yahoo email account, what should you do? 1. Change your password. Even though Yahoo says it will notify potentially affected users, change your password anyway to make sure. Do it now. Yahoo is phasing out security questions and encouraging users to sign up

  • Flight attendants share the 16 most common misconceptions people have about their job
    Business
    Business Insider

    Flight attendants share the 16 most common misconceptions people have about their job

    When it comes a flight attendant's job, perception rarely matches reality. "People think there's glamour associated with this job, and there is to some extent when you're talking about, 'I just got back from Beijing, and I know the best shops in the Pearl Market,' or 'I spent Chinese New Year in Hong Kong,' or 'after spending the day at Ipanema Beach in Rio, we went to a fabulous churrascaria,'" Annette Long, a flight attendant with 13 years of experience, previously told Business Insider. "But the job itself is far from glamorous," she continues.

  • How to check if your Yahoo account has been hacked and what to do next
    Business
    International Business Times UK

    How to check if your Yahoo account has been hacked and what to do next

    In what is believed to be one of the biggest data breaches of all time, Yahoo has confirmed that at least half a billion user accounts were hacked in 2014 by a so-called "state-sponsored" actor. If you have used Yahoo in the past there's a good chance your credentials are now in the hands of hackers – so what should you do next? Yahoo said that names, email addresses, telephone numbers, dates of birth, security questions and scrambled passwords were all compromised in the cyberattack. The firm, which is currently in the process of being bought by Verizon, said it is now notifying all impacted users. However, there are a number of steps you should quickly take immediately to ensure your details

  • Bank of America has officially crowned one of the most senior women in finance
    BAC
    Business Insider

    Bank of America has officially crowned one of the most senior women in finance

    It's official: Sanaz Zaimi is now the sole head of fixed income, currency, and commodity — FICC — sales at Bank of America Merrill Lynch. Zaimi took that job on an interim basis in March when her cohead, Bryan Weadock, went on leave. On Friday, Tom Montag, chief operating officer at the bank, said Weadock would not be returning.

  • Squashed Emirates Airline gold member sues for suffering fat man 'spillover'
    Business
    International Business Times UK

    Squashed Emirates Airline gold member sues for suffering fat man 'spillover'

    An Italian lawyer has sued the Emirates airline after he had to sit next to an "obese man" during a nine-hour flight. Giorgio Destro, from Padua in northern Italy, claimed he "suffered" during the flight from Cape Town to Dubai. The lawyer, who previously worked for the Italian Consulate in South Africa, reportedly asked to change seats, but his request was denied as the flight was fully booked, Il Mattino di Padova newspaper reported. During the flight, Destro took a picture that he is planning to use in court as evidence of his discomfort. The hearing is scheduled to take place in Padua on 20 October. Destro, who is a "gold member" flyer with Emirates, is reportedly asking for €2,759 (£2,375;

  • News
    WSJ Live

    Timeline: Trump's Father Gave GOP Nominee Numerous Loans

    Donald Trump likes to tell the story of how he took a $1 million loan from his father, Fred Trump, and turned that into his business empire. But documents reviewed by the WSJ show there were frequent loans in the tens of millions. Photo: Getty

  • Market Update: Oil Crumbles After Saudis Pull The Plug
    Business
    Oilprice.com

    Market Update: Oil Crumbles After Saudis Pull The Plug

    Oil prices fell fast on Friday afternoon after Saudi Arabia claimed that "doesn't expect any decision" next week at OPEC’s unofficial meeting in Algiers. Oil prices jumped in the second half of this week on larger-than-expected drawdowns in U.S. crude oil and gasoline inventories. Crude oil inventories are now at their lowest level since the beginning of 2016 and more declines are expected.

  • Why Starbucks' Loyalty Program
    Business
    The Motley Fool

    Why Starbucks' Loyalty Program

    Starbucks (NASDAQ:SBUX) announced an update to its loyalty program and mobile app in April that moved from a per-visit reward system to an amount-spent system. Critics took to social media in the weeks after the new program to complain, but most analysts agreed that the long-term impact of the change would be flat to positive. However, when fiscal year Q3 earnings came in with lower-than-expected comparable sales, the loyalty program change was partially blamed. Starbucks' loyalty program change is short-term pain for long-term gain Starbucks' mobile app has long been deemed one of the reasons Starbucks has been so successful in the last decade thanks to improvements like maps to find Starbucks

  • Cramer tries to understand what happened to Ulta Salon
    ULTA
    CNBC

    Cramer tries to understand what happened to Ulta Salon

    Until very recently, Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) was one of the hottest stocks out there. It suddenly fell off a cliff for no discernible reason, leaving Jim Cramer confused. The question now becomes whether Ulta is a broken stock or a broken company.

  • Exclusive: JPMorgan Chase CEO Jamie Dimon on what Nashville is doing right (and what the country isn't)
    Business
    Nashville Business Journal

    Exclusive: JPMorgan Chase CEO Jamie Dimon on what Nashville is doing right (and what the country isn't)

    The quality of the workforce and the type of people, although there was a pretty lengthy discussion at lunch around finding talent with the right vocational skills. It’s hard to find workers that have welding skills for instance. What about your industry keeps you up at night? Dimon: We do a very good job managing our exposures. I think the riskiest thing in America today is bad public policy. We as a nation don’t make decisions on things that we know we could do a better job at, but we seem unable to do it. That’s taxes, immigration, fiscal policy, education, trade, infrastructure. And if we don’t improve, that’s going to hurt the economy. I think it already has. I think if we’d done those right

  • Should I Pay Extra on My Student Loans?
    Business
    Credit.com

    Should I Pay Extra on My Student Loans?

    When you start repaying a student loan, it's a bit of a buzzkill to see a large chunk of money come out of your bank account. At least, that's how it works if you enter a standard repayment plan on a fixed-rate student loan, like most borrowers do. It's monotonous but predictable: Keep making that $350 payment on time, and after 10 years (or whatever the repayment term is), you'll be out of student loan debt.

  • Sports
    Yahoo Finance Video

    How one boutique bat maker is getting in the hands of Major League Baseball’s big hitters

    Major League Baseball players no longer have an easy decision when it comes to deciding which bat to choose.

  • AT&T agrees to pay $450,000 to settle U.S. probe
    T
    Reuters

    AT&T agrees to pay $450,000 to settle U.S. probe

    The U.S. Federal Communications Commission said on Friday that AT&T Inc has agreed to pay a $450,000 fine for unauthorized operations of fixed wireless stations and will not engage in repeat behavior, resolving a lengthy government investigation. Over a four-year-period, AT&T operated many point-to-point microwave stations throughout the United States at variance with its licenses, the FCC said in a statement announcing the agreement. Wireless stations are used by phone companies to connect calls and television signals directly between towers in areas that cannot be connected using standard wireline or fiber optic cable because of cost or terrain.

  • Let the Mind Games Begin: Clinton Gives Mark Cuban a Front Row Seat at the Debate
    Entertainment
    The Fiscal Times

    Let the Mind Games Begin: Clinton Gives Mark Cuban a Front Row Seat at the Debate

    It’s widely known that one of the strategies Hillary Clinton is likely to use in her debates against Republican presidential nominee Donald Trump is to try to goad the notoriously thin-skinned billionaire into anger or overreaction in front of a national television audience. Turns out she may have a little help during the event at Hofstra University Monday night. The campaign has invited Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team and, like Trump, a veteran of reality television, to take one of the front row seats at the event.

  • Angry Taiwan blames China for UN aviation meet snub
    Politics
    AFP

    Angry Taiwan blames China for UN aviation meet snub

    Taiwan said Friday China had blocked it from attending a major United Nations aviation meeting, the latest setback to its troubled campaign for international recognition. Beijing hit back at the criticism, saying the island had "no right" to be invited. Self-ruling Taiwan is routinely prevented from attending global forums by Beijing, which still sees it as part of its territory requiring reunification.

  • 8 signs your boss is undermining you
    Business
    Business Insider

    8 signs your boss is undermining you

    Dealing with an undermining boss is a nightmare. Something went wrong and now your boss's superiors want an explanation. Listen, at the end of the day, it is kind of your job to make your boss look good.

  • How to Calculate What You Need for Retirement
    Business
    Investopedia

    How to Calculate What You Need for Retirement

    To retire or not to retire? — That is the question. As you approach the age of 60, this is something you may ask yourself, as many people do. You've been working for much of your life and retiring early may sound especially appealing. You can live the lifestyle you want, avoid stress, and see your grandchildren more often. But if you retire early will you have enough capital to fund your golden years? As the normal retirement age gets closer, many people start wondering if they will have enough money to last through the course of their retirement. But can we accurately calculate such projections? How do you know much money is enough? What will your healthcare needs be, as this is often the biggest

  • AP FACT CHECK: Trump off on how colleges use endowments
    News
    Associated Press

    AP FACT CHECK: Trump off on how colleges use endowments

    Donald Trump says colleges and universities should be using their endowments to make college more affordable but that too many are using "the money to pay their administrators or put donors' names on buildings or just store the money, keep it and invest it." But that's not exactly how endowments work. It's true that at the nation's wealthiest colleges, the amount of endowment money spent on student financial aid often takes up a relatively small share. Meanwhile, Harvard spent more than $1 billion that year on programs and facilities, and earned $4.5 billion in endowment revenue.

  • Business
    Reuters

    Canada Unifor union sets tentative strike deadline for Fiat Chrysler

    Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV (FCHA.MI), the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co (GM.N). Unifor, which represents close to 10,000 Fiat Chrysler workers in Canada, said in a statement the strike deadline of 11:59 p.m. will stand if talks with Fiat Chrysler begin "immediately" after the union ratifies its contract with General Motors Co (GM.N) on Sunday.

  • Samsung says 90% of Note7 owners don’t want a refund despite fires
    Technology
    Dan Howley

    Samsung says 90% of Note7 owners don’t want a refund despite fires

    Samsung has had, what most would call, a bad month. It started with scattered reports of its new Galaxy Note7 catching fire for seemingly no reason and quickly escalated to a full-blown, worldwide safety recall.

  • This famous Ford plant could be inspiring Elon Musk's ideas about how to re-imagine factories
    Business
    Business Insider

    This famous Ford plant could be inspiring Elon Musk's ideas about how to re-imagine factories

    Tesla recently opened a massive $5-billion lithium-ion battery factory in Nevada — the Gigafactory. The company formed a partnership with Panasonic to get the facility up and running, and CEO Elon Musk has also said that other sites, in other states, for additional Gigafactories, may be in the picture. In fact, the Nevada Gigafactory is called "Gigafactory 1." Future Gigafactories may even be located in other countries.

  • Politics
    Reuters

    Fed's internal split tied to dueling views on jobs outlook

    The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labor market outlook, comments from policymakers on Friday suggest. When the Fed earlier this week decided to stand pat on rates, Fed Chair Janet Yellen said she felt the labor market had more room to run before it could overheat. On Friday one of the dissenters, Boston Fed chief Eric Rosengren, explained that his vote turned on his view that sharply falling unemployment could create a spike in inflation and actually trigger a recession.