Fortunately, there is a movement in the U.S. and around the world to further develop one particular source of energy that's cheap, clean, and reliable: nuclear. It's perhaps the one topic Republicans and Democrats in the House and Senate actually agree on. America and 24 other countries, including the U.K., South Korea, and even the United Arab Emirates, have pledged to work toward tripling global nuclear energy capacity over the next 25 years. In Trump's first term, he was supportive of nuclear energy, as he signed the Nuclear Energy Innovation and Modernization Act and provided billions of dollars in loan guarantees to the industry. He did not offer a lot of commentary about nuclear energy during his recent campaign or after Election Day, but if his goal is U.S. energy dominance, nuclear energy will have to be an important part of the equation. Natural gas is another plentiful source of inexpensive energy. I'm very bullish on companies in the natural gas space - especially pipeline companies like Enterprise Products Partners (NYSE: EPD), which I've held in The Oxford Income Letter's portfolio for years. In addition to its strong growth prospects, Enterprise Products Partners pays a very attractive 6.8% dividend yield. Lastly, because of the country's renewed focus on energy, I expect the tech sector to follow the money and increasingly offer products and services to energy companies. I could easily see 2025 being the "year of energy" in the United States. There should be lots of exciting advancements and investment opportunities to follow. Be sure to stick with Wealthy Retirement for updates on how to play new developments in the sector over the coming months. Good investing, Marc |
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