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Is PHO a good bear market/inflation hedge stock?     24-Jun-09 10:01 am    
I keep hearing about gold/silver and oil as excellent protection. If water is sooo valuable, is this a good defensive holding?

Unfortunately, I bought shares of this ETF at around $20 and am still holding (being of the old buy and hold camp). I've learned many lessons over the past year, one of them being to buy shares in companies that have a product people have to have and that can withstand awful market conditions.

Any comments about the solidity of this investment?
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yougogirlmo...

50/Female


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  Subject Author Rating Time of Post (ET)  
 
Is PHO a good bear market/inflation hedge stock?
yougogirlmo... (2 Ratings) 24-Jun-09 10:01 am  
 
Yeah, I've had it longer...since 18, like 2 years ...
clubfoolish (2 Ratings) 26-Jun-09 03:46 pm  
 
this is why you dont get you financial advice...
rlouis3 15-Jul-09 09:48 pm  
 
and Why is that, dip@#$%? Tell you wh...
clubfoolish (1 Rating) 6-Nov-09 10:55 am  
 
Nothing seems to do well if a recession is severe....
manylumen (2 Ratings) 16-Jul-09 11:21 am  
 
I thought it might benefit from stimulus. St...
tuatha6 (2 Ratings) 18-Jul-09 08:26 am  
 
Aqua Amer. not held?
tuatha6 (2 Ratings) 18-Jul-09 08:35 am  
 
I saw Power Shares as a top 10 holder of WTR ...
larrydp_98 (1 Rating) 8-Aug-09 06:35 pm  
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PowerShares Water Resources (PHO)

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