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Old 04-09-2010, 08:34 AM
 
Location: New Jersey
691 posts, read 1,287,695 times
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Is this a good business to invest in, since going green has been the new fad for the last couple of years?
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Old 04-09-2010, 09:09 AM
 
Location: Southwest Missouri
1,921 posts, read 5,852,547 times
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Depends on your tolerance for risk. Right now, solar is almost entirely dependent on gov't subsidies because it can't compete economically with other energy options. If subsidies dry up or solar never becomes economically viable, the industry will tank. Conversely, if the gov't continues to pour out money and/or solar becomes efficient enough to compete on its own, solar will thrive.

Lot of "ifs" in my opinion. I'd demand a huge upside potential before putting any of my money into solar tech.
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Old 04-12-2010, 12:57 AM
 
1,269 posts, read 3,555,850 times
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I'm interested in this too. More houses have solar power system, at least partially, and /or are installing solar hot water system.

url address: conservtech.com/Products/Solar%20Hot%20Water.pdf

url address: conservtech.com/Products/solar_water.html
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Old 04-12-2010, 06:21 PM
 
Location: Nebraska
188 posts, read 245,469 times
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Quote:
Originally Posted by RamCharger1985 View Post
Is this a good business to invest in, since going green has been the new fad for the last couple of years?
If you want to make money and not gamble your money away, don't invest in fads. This is like the dot com bubble. 95% of these green energy companies will fail. Like Bill Gates said, "just because green energy is good does not neccessarily mean it's a good investment right now." There is no long-term previous data that would warrant any type of investment in these companies (unless you are trying to gamble with your money, which in that case expect to lose it all or you may get lucky and win the lottery). Another thing Bill Gates mentioned was that we know enough about these current "green companies" that most will fail and it will be a different type of energy that catapults us off our dependence on oil.

One thing I always say is, if you are going to speculate with your money then go to the casino. At least you get free drinks while you watch your money go down the drain. Invest in low debt, growth companies, that have grown substantially over a period of time and show no reason to stop growing. Once you find those few companies make sure you buy into them at an adequate price. A lot of money can be lost in buying a great company that you overpay for (if a company is priced at $20 why pay $60 for it? Unless, you believe it will grow that much over time and you plan on keeping it for decades).
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Old 04-13-2010, 07:10 PM
 
Location: Atlanta, GA
1,194 posts, read 1,908,981 times
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Bronte Capital: Why I am short First Solar
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