thread: Would you buy shares in an energy company?

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  1. #1
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    I also think that many of the electricity companies are already exploring renewable sources at the same time.
    That is what I am finding out too. It is in their best interest to do it really before they start losing money.

  2. #2
    Registered User

    May 2009
    west NSW
    462

    if i had money to buy shares, i think the energy companies would be the ones to buy into! it sucks that energy prices are going to go up, but it's a fact of life i guess, and better you get some money out of it

  3. #3
    BellyBelly Life Subscriber

    Jun 2008
    In snuggle land
    4,499

    Personally, I don't buy one company or another. I purchase shares in an index fund, which spreads the risk across the market and usually gets a better return over the long run. For me, buying shares in an individual company is a bit much of a gamble, as you're dependent on one set of books and one set of managers and board members doing their job properly (Enron anyone?). Unless you're Warren Buffett. But then, if I had the money, I'd buy shares in Berkshire Hathaway and let Mr Buffett do my investing for me

    On a side note, you can usually get a better return on your money buying shares in a bank than putting your money in the same bank's savings account.