We return once more to the clarion call of the Stock to remember their historic returns given the risks involved. One strategy a priori is smart to stay out when you go down to enter only when they climb. I say a priori that what seems obvious, of course not easy to perform.
2006 has been the best year ever in the IBEX 35 with a revaluation of 33%. In an increasingly globalized environment, good years are getting better, but the falls are much more abrupt. The world stock markets have continued to grow since 2003, the year in which finally corrected the effects of the bursting of the bubble. Com.
Now the bag up and down. According Bestinver, the annual average return of General Index of the London Stock Exchange from 1 January 1998 to March 2, 2007 has been 11.13%. If we estimate that an average investment in direct production of PV shows a 25-year IRR exceeding 14% with financial leverage, the need to compare risks looks very interesting.
Also, looking for a good leverage, investments in solar photovoltaic energy can not only provide shelter to long-term bearish forecasts of stock exchanges, but also generate resources with which to jump on the bandwagon of equities when they reach the fat cows.


