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Matthew Tuttle

Certified financial planner and author

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Jonathan Pond

Author of The Boomer's Guide to a Great Retirement

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Terry Savage

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The latest news on this change — carefully culled from the world wide web by our change agents. They do the surfing, so you don't have to!

Go Solar

Hopefully, you've learned by now that planning for retirement includes making good investments. But should you invest in "green stocks?" There's a lot of buzz around companies that are on the green bandwagon and the eco-movement is scorching hot—but you want to play it cool on solar stock in particular, say the experts.

Forbes reports that $4.7 billion was raised in capital last year for solar-based IPOs (initial public offerings). With Congress also offering incentives to companies using renewable energy sources, it pays to use solar energy, but that money won't necessarily trickle down to you.

Solar stocks are relatively new and still volatile. The experts also agree that solar stocks are priced too high, and that investors should wait and see how the sector plays out over the next year or so. Remember as you save for retirement that you want your money to grow over time...you're not trying to get rich quick! [Forbes]
 

Posted: 3/20/08