Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (33670)	6/21/2021 1:57:21 PM
From: the traveler	1 Recommendation Recommended By Graustus Respond to of 34328

I don't disagree with any of that. However, I betcha I will make more money over the next decade investing/trading in oil & gas stocks than I could ever hope to make investing/trading in the world of EV! Of course we all must pay our nickel and take our ride.

To: chowder who wrote (33670)	6/21/2021 2:08:41 PM
From: maverick61	1 Recommendation Recommended By Graustus Respond to of 34328

You may drive your ICE vehicle as long as possible, as will I, but the mold has been broken, EV's are here to stay and the trend is only strengthening. I don't dispute that EVs are here to stay. I question the widespread adoption of them to eliminate ICEs in my or even my daughter's lifetime. Sure, Ford and GM have caved to the Green Lobby and I have no doubt they will find a market for their EVs. But I question how widespread that market is. Especially in wide swaths of the country like flyover country with lots of wide open spaces. While I scaled back many years ago on fossil fuel investments, I still hold a few pipeline companies (like EPD and OKE) and one oil and gas (CVX). But I also added many years ago alternative energy investments / alternative energy infrastructure like EVA, HASI, BEP, BIP. As while I don't dispute that there is some disruptive innovation occurring, I also don't buy in to the idea it will eliminate the need for fossil fuels. I think one can make money in both areas