My predictions for 2021 !

Thursday, December 31, 2020 Francisco 0 Comments

TAGS:

I don't have a clue about what is going to happen in 2021 but I agree with Jim Rogers

Jim Rogers warns stock bubble will grow in 2021: "I've seen this movie before" - Marketplace

2020 was a very good year for the markets bitcoin exploded higher so did tech

Covid depressed and killed a lot of people but excess mortality is really low. The amount of people that died in 2020 is similar to other years. Not a big change , of course Covid exists but apparently causes similar overall deaths than other causes in other years.

Covid is not the main cause of death in 2021 by far.

The people that claim 2020 is one of the worst year ever are wrong.

Some people were hurt by the precautions taken by the governments and that is unfair. The government should not play God. government is not God should not condemn some people to poverty to eventually save someone else etc...

My lessons from 2020 are 3

1.The triumph of the optimists. Yes it pays to be optimist as usual. when Covid hit there was reason to sell to be cautions but the markets turned up and there was time to make a lot of money until the end of the year. I was too cautions and wrong.

2.Act when you have a buy signal. bitcoin gave me a buy signal in July as well as Gold. I bought both Bitcoin worked very well, Gold not so well

3.Try to be fit. Even in Covid the fit people did much better than the overweight etc...

what to do in 2021

1.walk everyday, move, be in shape

2. optimists live longer & live better

The optimists and the pessimists: I have been studying them for the past twenty-five years. The defining characteristic of pessimists is that they tend to believe bad events will last a long time, will undermine everything they do, and are their own fault. The optimists, who are confronted with the same hard knocks of this world, think about misfortune in the opposite way. They tend to believe defeat is just a temporary setback, that its causes are confined to this one case. The optimists believe defeat is not their fault: Circumstances, bad luck, or other people brought about. Such people are unfazed by defeat. Confronted by a bad situation, they perceive it as a challenge and try harder.