1Yr·

Buy when the guns are thundering 🌿 I think the sector will benefit in the long term from the planned investments. However, individual stocks in the sector are too risky for me (see $ORSTED (-7.25%) ) 🤔

06.09
iShares Global Clean Energy ETF logo
Bought x100 at €8.414
€841.41
19
17 Comments

profile image
here fits probably rather until the solar plant burns or the wind turbine falls :D ;-)
3
profile image
I am holding on to my position. Even though I probably bought in the hype...it is what it is. Ultimately, the hype would be sold off by now. However, the macro trend of rising fossil fuel costs remains, and for perspective, green energy is the foundation of future economic growth for Western industries. How long will the West continue to depend on OPEC+? I don't want to start a political discussion here, I just think that semi-independent energy will be necessary. And therefore green energy is necessary if we want to continue to grow our economy.
2
profile image
@Mi-t-chel completely in your opinion. It's amazing how many people make "SOS" here 🤔
1
profile image
yes, that's what I thought (green energy is good for society and is ... a business model but the margins are shit, growth is dependent on politics and competition is strong across the board, not just one player).
1
profile image
@leveragegrinding That's why I opted for the ETF. I wanted to map the energy and utilities sector in the portfolio.
profile image
@mikabe04 because the margins are shit you wanted to have him in the depot?
profile image
@leveragegrinding Which companies from this sector would you have chosen? Or are you leaving the sector out of your portfolio completely?
1
profile image
@mikabe04 TER 0.65%, 1yr performance over -33%. More than half of the companies in it are not profitable at all What do you find sexy in the sector anyway except hoping and speculating ?
profile image
@Cashflow_Investor na green energy
1
profile image
@mikabe04 just nothing, there are several reasons why I am currently not in stocks. My portfolio in the profile is correct, until trades.
profile image
@mikabe04 When an industry lies to its investors so blatantly, not to say "cheats" them, it should not be surprised to be sent into nirvana.
Perhaps a more acceptable (at least better performing) alternative: Nasdaq Clean Edge SG Infra UETF A (IE000J80JTL1, $GRID): https://app.getquin.com/database/IE000J80JTL1
1
There is also US33737A1088 which has information on allocation: https://app.getquin.com/database/US33737A1088@Kundenservice both have $GRID as symbol - is this intentional/correct?
1
profile image
@PrivatierAzubi
Tickers are not unique, unlike ISINs. :) So it is quite possible that 2 securities have the same ticker.
profile image
Tom, Dick and Harry subsidize clean energy. There are no cannons thundering. Maybe they're just bad.
profile image
Why don't you buy into an industry that can stay afloat without subsidies? Would be more advisable somehow
I also buy every month via a savings plan. Basically, I am convinced of the ETF and believe that a lot of growth can be expected in the future. However, I am very unsettled by the sharp fall in the share price.
Join the conversation