The year 2015 was a pivotal time in the narrative of renewable energy: For the first time in history, the magnitude of investment in this sector was bigger in developing countries than in first world industrialised countries. This was due to the short-term trend in renewable energy investment in some key markets: While renewable energy acquisition in Europe dramatically dropped by 21% in 2015 compared to the previous year, China, Brazil and India reported strong growth in the sector. Now in 2022, Investing in renewable energy is a massive opportunity for investors.
In order to become financially free and beat the recession with renewable energy, you need to create a solid investment plan. Wealthy people have several things is common, and you can be sure they all have a solid investment plan in place.
To create your own personal renewable energy investment plan, you are first advised to work out exactly where you stand financially now and where you would like to be in a specific time frame.
Many people have a goal of having a million in the bank – however, that is a very loose goal, and it is advisable to chunk it down- for example, if you make a plan to have $3000 in the bank within a month’s time, that is a more realistic goal to work towards, and you can then invest your profits.
For most people, the ultimate goal is to be financially free. This means you are able to meet all your money needs in passive income- or without actually having to work. With the right investments, no matter how bad your financial situation is now; anyone can be financially free within less than 5 years.
Once you have worked out your current financial situation, you will need to choose your investment vehicle. Needless to say, this is an important decision. If you like the idea of investing in renewable energy, then you might want to choose commercial EV charging like that offered by Crush Energy; there are many opportunities out there thanks to the recession. It is not necessary to spend a lot of money when investing in real estate, for example, you could purchase old trailer homes not currently in use, restore them, and rent them out to new residents.
The next step, which is equally important, is to educate yourself on the sustainable energy products you are interested in investing in. Remember that investing is not risky; people may be risky. The more educated you are on the program and people you wish to invest in the more likely you will be to reach financial freedom in a short time.
If you have a plan in place, then the latest hot you hear through the grapevine won’t matter to you. But it is vital that you learn how to create an investment plan if you want to be financially secure.
For beginners, investment advice, see the video below.