So if Orsted is still a nono, where shall I put my money?
1 Obviously the IFISA is a good shout for 20k. Where shall I go this year? Options include:
A Energise Africa – the investments I saw the other day have of course gone but I think this group has lost its way a bit so I’m not fussed. What I mean is on my criteria helping shack dwellers use solar for lighting might well reduce fires, but (for example) helping a company run a solar powered JCB isn’t very interesting.
B Triodos – I just like Triodos more and more I have to say. But their crowdfunding ifisa wing doesn’t have a huge amount of interesting offers. And funding “Sarah Raven’s Kitchen and Garden Limited” didn’t really appeal. However, it does now have an EIS option which looks good.
C Ethex offers: Mustard Seed, Kent Community Energy, Yealm Community Energy, Shropshire and Telford Community Energy, Wight Community Energy, Bristol Energy Coop, LATCH – wow much choice, so please .. checking whether these are IFISA compatible
D Abundance have Lewisham council climate action investment and electic bikes, neither of which excite me if I’m honest. Funding electric bikes at 9% seems to good to be true.
2 I decided to put some money into Coventry building society – these rates of interest are enticing but I still want to feel ethical
3 Back to considering venture capital like Bethnal Green Ventures and Snowball. I don’t think i can do the latter since the person I spoke to (a public school toff who is failing upwards) knew less than me about their investments, and BGV fails to get me excited. Erthical venture capital perhaps remains too much of a contradication.
4 Does this then lead me to monzo pots? I need to check on their ethicality, even if I do like the idea of modding their appearance. UPDATE – they ain’t ethical.
5 How about a LISA!? A lifetime ISA … nope I’m too old lol
6 Energy4All have the North Lincolnshire Community Energy (NLCE) share offer
7 Shares….
8 Triodos EIS mentioned above
This concludes the 2023 roundup, any tips welcome!