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Investing can be a high risk activity, but the right investments could earn you greater returns than any savings account.
Investing can put your capital at risk. You may get back less than you originally invested.
It is important to consider where you invest and what you invest in, to maximise your chances of making a profit.
Here is how money.co.uk can help you make the decisions that could help you grow your investments.
There are so many different types of investment that working out which fits best with your financial objectives is the first, and possibly the most important step.
Our comparison tables shows a range of investments for you to consider. They can provide you with an indication of price, and could help you decide what you want to invest in.
Once you have investigated your options it is time to decide whether you want to invest, and how much risk you are happy with.
You will also need to decide how you want to manage your investments. Do you want to be hands-on and take an active role, or would you like to leave the decisions to an expert?
How much and how often you want to invest is also worth considering, as it will determine the options available to you. This decision will largely come down to whether you want to deposit a lump sum, or drip feed funds into your investment account.
You will need to consider whether you will want income from your investment, or would prefer to reinvest any profits you receive.
After deciding how you want to invest, it is time to compare your options.
You can use our investment comparison tables to view essential information on the fees, charges, performance and functionality of investment opportunities and accounts side by side.
Use our comparison table to find and compare the finer details of the investments that fit your circumstances and your investment needs.
Once you have researched your options it is simply a case of choosing the investment opportunity that is right for you.
You can apply direct from our investment comparison tables - you will simply need to set up an account and you can get started.
Remember to double check that you are happy with the charges that apply, comfortable with the way your investment will be managed and confident that you have made the right choice for your circumstances.
If you have any doubts then you should always speak to an independent financial adviser who will be able to help you further before you make any financial commitment.
Which stocks and shares are the most eco-friendly for potential investors to add to their portfolios?
This content is for informational purposes only and should not be taken as individual advice.
The world is increasingly taking notice of the impact that we’re all having on the environment, whether that’s by turning to renewable energy sources such as wind, solar and water, eating organic or making the switch to electric vehicles.
Thankfully, for those looking to make investments on the stock market, there are plenty of ‘green’ companies and funds available, and what’s more, many have experienced incredible growth over the past twelve months, even in such an uncertain year.
So, investing in green isn’t just an ethical move, but it could also be a potentially smart and profitable one too!
But which are the eco-friendly companies that have seen their shares perform best in the last year?
Start of year share price - $3.24
End of year share price - $33.91
One of the biggest winners on the 2020 stock market has been hydrogen fuel cell company, Plug Power, who have seen their share price skyrocket by over 940%, from $3.24 at the start of the year to $33.91.
They’ve been one of the biggest beneficiaries of a growing trend for investing in clean energy and are also one of the lucky businesses that actually saw a boost to business in the wake of the coronavirus pandemic, with an estimated market cap of $15.01 billion going into 2021.
Start of year share price - $86.05
End of year share price- $705.67
Tesla’s stock enjoyed a meteoric rise in 2020, growing by over 700% from the start of the year, before becoming the biggest company ever to join the S&P 500 Index in December, joining as the sixth-largest publicly traded firm in the country, behind the likes of Apple, Microsoft, Amazon, Google and Facebook.
Following this incredible surge, Tesla is worth around seven times as much as Ford and General Motors combined, despite selling a fraction of the number of vehicles.
Start of year share price - $29.34
End of year share price - $175.47
Solar power was another of the big winners of 2020 when it came to stocks, and one of the businesses that saw their share price rise the most was Enphase Energy, who manufacture software-driven home energy solutions.
It’s an impressive comeback for a company that was almost delisted from the NASDAQ exchange and was bailed out by investors in 2017, before bouncing back with growth of 498% last year.
Here’s how 50 of the world’s biggest green companies and funds performed in 2020. While it was undeniably a hard year for businesses, you can see that the majority of these companies actually continued to grow last year, with just 12% seeing their share price drop over the course of the year.
We also took a look at some of the top green stocks here in the UK to see how they had performed over the last twelve months.
Of the ten companies that we analysed, 2020 was a bit of a mixed bag. While it proved to be a year of fantastic growth for some green firms, such as PowerHouse Energy Group (+1,785%) and EQTEC (+1,339%), many others either stalled, or saw their share price drop, including Good Energy (-13%) and Greencoat UK Wind (-12%).
Average Start of year share price - $26.54
Average End of year share price - $198.25
What’s immediately clear is that eco-friendly stocks have had a good year across the board, with just 8 out of the 50 companies that we looked at seeing their share price drop since the start of the year.
Looking at which sectors saw the biggest growth in 2020, green transport took the lead, with an average growth of 402%, largely driven by the stocks of Tesla, although other companies in this sector which had a good year include BYD Company and FuelCell Energy.
Average Start of year share price - $4.83
Average End of year share price - $22.92
The second fastest-growing green sector was alternative energy, which had grown by 431% in the last year and encompasses things such as hydrogen and solid oxide fuel cell systems.
Some of the biggest successes in this field were Plug Power (+947%) and Bloom Energy (+264%).
Average Start of year share price - $30.60
Average End of year share price - $106.86
Solar power is another sector which enjoyed amazing growth in 2020. This was partially fuelled by the potential change that the recent US election has brought about, with many investors speculating that greener policies would follow Joe Biden’s election.
Big winners in the solar sector included Enphase Energy (+498%), Daqo New Energy (+421%), SunPower (+400%) and Sunrun (+389%).
If you are considering investing in shares, check out our share dealing page.