GreenEggs
Recycles dryer sheets
- Joined
- Jul 6, 2019
- Messages
- 262
After the Covid-19 crash last Spring I began looking around at other options besides VTI "whole market" type funds that I had most of my investment in.
I remembered reading about TAN in Kiplinger saying it had gained about 76% the past year, which at the time I had mixed feelings about. I thought it "must be really risky", and I also thought "damn some lucky folks made a killing". I figured I'd missed out, and hindsight isn't worth much.
Anyway, the crash hit & I noticed TAN had fallen to about $25 per share. I wanted to buy, but was afraid of the "W" curve that never came. Covid-19 was still huge & Summer came and I just kept watching it go up & up.
Finally pulled the trigger in early August, buying my first shares on 8/05 for $50.83, and have bought 5 more times since. It's up 131% since 8/05. (it's up over 300% since I began following it in April
)
I recently realized that Invesco has another solar ETF called PBW which has had similar gains. I started buying it on 12/09 and it's already up almost 42% today 1/26.
I'm curious if any of you have these ETFs or other alternative energy EFTs? I realize that it's a sector and not diversified, but it's hard to see any other sector that we'll be embracing any more than clean energy for quite a while.
I remembered reading about TAN in Kiplinger saying it had gained about 76% the past year, which at the time I had mixed feelings about. I thought it "must be really risky", and I also thought "damn some lucky folks made a killing". I figured I'd missed out, and hindsight isn't worth much.
Anyway, the crash hit & I noticed TAN had fallen to about $25 per share. I wanted to buy, but was afraid of the "W" curve that never came. Covid-19 was still huge & Summer came and I just kept watching it go up & up.
Finally pulled the trigger in early August, buying my first shares on 8/05 for $50.83, and have bought 5 more times since. It's up 131% since 8/05. (it's up over 300% since I began following it in April
) I recently realized that Invesco has another solar ETF called PBW which has had similar gains. I started buying it on 12/09 and it's already up almost 42% today 1/26.
I'm curious if any of you have these ETFs or other alternative energy EFTs? I realize that it's a sector and not diversified, but it's hard to see any other sector that we'll be embracing any more than clean energy for quite a while.
