Investing in green energy has been a big mistake for me


Many of these stocks (wind; solar; biofuel;…) are down 90% from their ATH and feel as good as dead now. Like many I believed Biden would have given those a bump with his BBB-plans but they are just continuing to go down.

I fell for the “market is forwarding looking” meme but the market as it stands only cares about companies that make immediate profit. I have been making back my losses with oil but it sure is an anti-climax lol. With three more years of Biden could renewable stocks still see a run ? I am starting to feel the Biden inauguration was a “sell the news” event for green energy stocks because that's when they were at their ATH's.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *