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Forget Mineral Rights and Big Oil, Tomorrow’s Tycoons Will be Those With Large Tracks of “Windy” Land!
I’m always on the lookout for the quick buck. Fortunately, I’ve learned from my mistakes and now take a more methodical approach to investing my money.
One idea I’ve had lately is investing in land that is in a traditionally windy area. The idea is simple, buy suitable land near large metropolitan areas and lease it to alternative energy companies who are looking for space to build wind farms.
Harnessing the power of the wind has become one of the hottest new areas of power generation and there is money to be made. I believe that over the next 10-15 years, we’ll see a surge in land values suitable for windmills as the technology becomes more and more prevalent.
Here is what the oilman himself T. Boone Pickens had to say about the future of windfarming during a recent interview with Glen Beck on CNN.
Look at who developed wind first. Most highly developed areas are Germany and Spain. They don`t have that much wind. We do. We have this unbelievable resource that`s right up through the heartland of our country. The land owners would like to have the turbines. It creates an economy that`s been missing in that part of
the United States for years.
You`re going to see a rebirth all the way from Sweetwater, Texas. The wind capital will be Pampa, Texas, and all the way to the Canadian border.
The continuing surge in energy prices is a green light to American Investors who are looking for a “cleaner” way to make a buck. It’s a gamble for sure, but the greater the risk, the greater the reward.
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