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I'm trying to go more into investing in green energy/renewable/alternative of some sort. If the world is going to end in 50 years due to fossil fuels then might
by christiansakai 6y ago
I'm trying to go more into investing in green energy/renewable/alternative of some sort. If the world is going to end in 50 years due to fossil fuels then might as well put my money in the alternatives.
I have some things in mind but maybe HN readers can give me a few suggestions on what to read/look.
- koheripbal 6y agoWhat do you mean by "investing"?
- christiansakai 6y agoI meant by putting money into index fund.
- koheripbal 6y agoAlternative startups aren't great investments - even on the index level, because of the large number of corporate failures that happen. Think about the complete collapse of the US solar industry a few years ago. Solar might win, but that mean the companies that make it will be part of the index you invest in.
- christiansakai 6y agoYeah I am aware of that. I think for me just a way of putting my money where my mouth is. I won’t put everything there of course
- joelbluminator 6y agoI bought this ETF https://www.ishares.com/nl/particuliere-belegger/nl/producten/251911/ishares-global-clean-energy-ucits-etf https://www.ishares.com/nl/particuliere-belegger/nl/producte... , if you're not familiar with the concept of ETF it's best you read about it but basically it's a basket of stocks that follow a certain index, in this instance its the global clean energy index
- christiansakai 6y agoI looked at that. What do you think of that vs the QCLN for example. Why global?
- joelbluminator 6y agoI think going global in these uncertain times is a pro!