What drives the world economic machine? It can be argued that this is something that comes out of your kitchen faucet
As one of the most widely used and scarce commodities in the world, water is essential not only for life but also for various industries
Agriculture, beverages, and even power generation depend on the free flow of water. Investing in the water now does not mean you have to store Aquafina bottles in your basement.
Instead, investors can buy shares of companies involved in water resources, purification, and distribution, which come from the utilities or consumer staples sectors.
If you are looking for increased diversification, an exchange-traded fund holding multiple water-related stocks would also be a great alternative.
Here is a list of the Best Water Stocks and ETFs to buy in 2022. (Best Water Stocks and ETFs)