iShares Global Clean Energy ETF - INRG

Fromm here https://www.ishares.com/uk/individual/en/products/251911/ishares-global-clean-energy-ucits-etf

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Cheers mate, legend.

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I’ve learnt to embrace the red on stocks I truly believe in. If you’re in it for the long term think of the red as an extra chance to buy in cheaper and reap bigger rewards in the future!

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This is my biggest stock in my portfolio at £13 average. I need to stop looking at this today :exploding_head:. Does anyone know why it’s having a mini crash?

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Even with this dip, it’s up 114% in the last year. What do people expect to happen? Another 114% this year? All stocks in this ETF are trading on the extremely expensive side already :smiley:
Long term you should be fine.

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Take advantage and keep buying. It wont be this cheap forever

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Yes! 150% growth, year on year or it’s rubbish! :stuck_out_tongue:

In fairness it is scary for new investors to see -5% etc, we are still learning to ride the dips and waves after all. :slight_smile:

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So what your saying is it’s cheaper to buy more right now? :slightly_smiling_face:

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I’ve topped up at what is hopefully the bottom. My average is now 12.90. I strongly believe in this as a great long term investment as clean energy is the future for both cost effectiveness and the environment.

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Diversified to 31 Holdings but the Plug Power weighting is up to 10.8% now.

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Little bit of progress this afternoon but dropped again now

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I know mate, hopefully we’ll see some green soon.

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It was always going to falter today. Many people have looked at whats going on in Texas, and realised that green energy is not going to replace oil and gas any time soon. After all, how do you generate electricity when the turbines are frozen, and the solar panels are under 6 feet of snow.

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Is that the reason eh?

It is concerning to see the dips happening, usually at the end of the day. But it seems today was just all round bad for the market - my entire portfolio is red today (yikes).

I guess the big decision I have to make is whether to invest more into this at my next investment date if the dip continues, or just leave it alone; It’ll be April when I return to this one on my target list. :open_mouth:

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I think the fact Texas is under more snow than its ever seen is probably a great reason to invest in clean energy, more efficient battery storage solutions and better infrastructure and not for relying on old the old ways hoping it’ll just get better.

I think in general though the whole market is just a bit volatile right now. Once vaccinations hit a certain number and business can get back to normal, budgets will better reflect the post covid landscape and future investment.

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Complete misrepresentation or misunderstanding of facts in relation to Texas power cuts in this thread. ignore this, I misread some of the posts above.

ERCOT (in charge of power in Texas) said issues were frozen instruments at gas, coal, oil and nuclear plants. Issues with renewables were smallest factor.

Source: Bloomberg - Are you a robot?

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I think you misunderstood my post.

My point was to show that green energy wouldn’t have fared better in this extreme weather period.

The actual problems in Texas were more due to the lack of infrastructure investment over recent years, rather than being a fault of fossil fuels themselves. Something that people in Texas have pointed out themselves.

I will point out that I do have a sizable portion of my portfolio in green energy, but I’m not naive enough to think that oil and gas won’t be used for decades to come still.

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Apologies, indeed I misread your post. Good points raised.

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Another drop today!

Ford to go all-electric in Europe by 2030

Thought the above would mean maybe a slightly move in the right direction

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It’s because PlugPower has such a larger %, and it’s not doing very well at the moment.

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