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Personal Finance and Investing

Best_man23

(5,136 posts)

2. First, I am NOT a financial advisor

Reply to Think. Again. (Original post)

Wed Aug 2, 2023, 07:12 AM

Aug 2023

I would suggest an ETF over one individual green stock as it provides diversification across the green energy sector. You may also want to look at mutual funds that offer the same sector investment if you have that available in your investment account.

Compare the historic returns against management fees and go with the one that provides the best return vs expense ratio (management) fees.

NerdWallet had a good article on clean energy ETFs. Do you own research on each one before investing.

https://www.nerdwallet.com/article/investing/clean-energy-etfs

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Any advice on investing in Renewable Energy? [View all] Think. Again. Aug 2023 OP

do you have solar on your house? mopinko Aug 2023 #1

Unfortunately, I don't own, yet... Think. Again. Aug 2023 #3

First, I am NOT a financial advisor Best_man23 Aug 2023 #2

Thank You! Think. Again. Aug 2023 #4

Buy low and sell high. marble falls Aug 2023 #5

That's the plan, anyway! Think. Again. Aug 2023 #6

also- the market loves volatility. mopinko Aug 2023 #7

My solar panel converters and battery back-up is an Enpkase system. OAITW r.2.0 Aug 2023 #8

Wow, Think. Again. Aug 2023 #9

I think there will be continued growth in this sector. OAITW r.2.0 Aug 2023 #10