What to do with Your Money
From joining the cryptocurrency movement to saving for an emergency fund to beefing up your retirement account, the thought of where to put your money can be overwhelming. In addition, you’ve probably noticed the current rate on your savings account is barely worth mentioning. Even high-yield savings accounts are only paying about 0.40% APY. And then there’s your 401(k), which it’s anyone’s guess if those automatic deposits faithfully made each paycheck will be enough to retire on someday.
You might consider investing in the stock market if you can tolerate a moderate amount of risk. Stocks can provide an additional source of income that can put more money in your bank account. But knowing where to start is essential, particularly if you’re not a stock expert. A good rule of thumb is to have your money in different investments to help ride out market fluctuations, protecting you from losing your entire contribution. Avoid putting all your eggs in one basket.
The Benefits of Helium
Helium does more than fill your kid’s party balloons or transport you high in the sky by hot air. Helium plays a vital role in our lives for things like hard-drive manufacturing, steel production, and its abiity to cool healthcare equipment like MRI scanners. The United States is the largest helium producer globally and is responsible for providing 40 percent of the earth’s supply. Despite this fact, it’s becoming less available, and reserves are scarce. Unfortunately, Helium is a non-renewable resource, and once it’s gone, it’s gone. Dwindling helium amounts are attributed to the United State’s practice of selling the gas at artificially low prices. Despite this, the need for helium is critical, and it’s relied upon for things like space exploration, computer-chip manufacturing, and nuclear technology.
How to get started with Helium Stocks
So, now you know the magnitude and importance of helium. And coupled with this newfound knowledge, it might be time to silence the nagging voice in your head telling you to get some stock. Therefore, let’s talk about how you can invest in helium stocks and which ones to take notice of in 2022.
Helium Stocks to Buy Now
1. Linde plc (NYSE: LIN)
Linde plc is a worldwide gas and engineering company with headquarters in the United Kingdom. Established in 1879, Linde is one of the oldest companies in the industrial gas industry that is still operating today. It had over $27 billion in revenue in 2021 and has a current stock value of $161.5 billion. Its industry’s products include those in petroleum refining, space exploration, and primary metals.
2. Desert Mountain Energy Corp. (OTCMKTS: DMEHF)
Desert Mountain Energy Corp. is a company based in Vancouver, Canada, with gas operations located in the southern United States. The company reports that its Arizona facility is one of the best areas for helium extraction. It continues to explore other facility development areas to meet the helium demand.
3. Air Products and Chemicals, Inc. (NYSE: APD)
Air Products and Chemicals, Inc. is a company located in Allentown, PA. It has an approximate stock value of $59 billion. In addition to its production of helium gas, it also produces hydrogen, carbon monoxide, and carbon dioxide.
Helium Stocks to Watch
1. Avanti Energy Inc. (OTCMKTS: ARGYF)
Avanti Energy Inc. is a Vancouver, Canada-based company founded by those in the oil and gas exploration industry. The company focuses on the production and exploration of helium across western Canada and the United States. It’s continually searching for profitable ventures in the helium-production realm.
2. First Helium Inc.
First Helium Inc. is a company located in Alberta, Canada, and established in 2016. The company focuses on exploring and developing helium resources, specifically in the Western Canada Sedimentary Basin region. After finding its first discovery well with a 1.3 % helium content, it’s planning to increase production in the Worsley, Alberta region.
Top Space Exploration Stocks
1. Air Liquide S.A. (OTCMKTS: AIQUY)
Air Liquide S.A. is a company founded in 1902 and located in Paris, France. The company markets its products in various regions of the Americas, Asia, the Middle East, and Africa. The Gas and Services division is responsible for distributing its gas products to customers. In addition, its Global Markets & Technologies division handles gas applications and product preparation, including the areas of molecular technologies and aerospace exploration.
2. American Helium Inc. (OTCMKTS: AHELF)
American Helium resides in Vancouver, Canada, and mainly serves the North American helium market. Established initially as Bruin Point Helium Corp., it became American Helium in 2018. The company explores and develops various helium properties throughout North America. In addition, it focuses on helium collection.
3. Imperial Helium Corp. (OTCMKTS: IMPHF)
Imperial Helium Corp. is located in Vancouver, Canada, and was initially named Rio Minera Capital Inc. in 2018. It produces helium for the North American market and operates its helium properties across Canada, including collecting helium from about 2,000 wells.
What Makes Helium Valuable
Helium is not easy to obtain. It can only be extracted through natural gas production or as a natural emission from uranium and thorium. Only a few countries throughout the globe produce helium. A staggering 75% of helium comes from only three locations, including Ras Laffan Industrial City in Qatar, ExxonMobil in Wyoming, and the BLM-operated United States Federal Helium Reserve in Texas.
Helium plays a vital role in our everyday lives for things like hard-drive manufacturing, steel production, and its use in medical equipment, including its ability to cool MRI scanners. In addition, the continued growth of the tech industry has fueled the helium demand.
Final Thoughts on Investing in Helium Stock
As mentioned earlier, helium is a non-renewable resource and one that continues to increase in demand. It’s also a crucial gas that rapidly-growing industries like healthcare and technology rely on to provide the services we all need. So it stands to reason that stock prices for helium will increase over time. However, it’s still wise to use caution if you decide to invest in helium stocks, just as you would with all investments. Doing your research in advance will help protect your hard-earned money as it’s working hard for you.