The start of a New Year can be a great time to reflect not only on life and what to improve, but an investment strategy and portfolio as well. For many traders, that may mean rebalancing a portfolio or shifting an allocation depending on their perception of risk.
Most traders and investors do this wrong. They tend to follow what recently outperformed the market. But over time, the jockeying of asset classes tends to balance out great years with poor years. Case in point? The housing market. Housing has had a phenomenal 18-month move higher overall, but that trend is starting to show signs of slowing, such as a decline in pending home sales.
Traders can likely fare better by looking into sectors of the market, such as small-cap tech or pot stocks, which significantly underperformed in the past year when looking for the next year’s big winners.
Now here’s the rest of the news:
Wealthy Elites Rush To Protect Their Money
If the market is in an everything bubble, wealthy Americans are headed into 2022 saying they don’t really want much more — of anything, according to a recent CNBC survey of millionaires. This strange report has many experts confused about the current anxiety in… [Read Here]
December 30, 2020
The S&P 500 is looking set to rise about 15 percent for 2020. That’s a great return for the average year. For a year with a pandemic? It’s exceptional. At the start of the year, predicting the Dow over 30,000 seemed obvious. By mid-March, it would sound crazy.
Meanwhile, the market’s love of stimulus may get an even bigger boost. The $600 stimulus per person may become $2,000. For now. 2021 may bring about even more stimulus, especially if prolonged lockdowns continue into the start of the year. That will probably help markets continue their epic pandemic rally.
Now here’s the rest of the news:
Digital Currencies Will End U.S. Dollar Dominance Since the Great Financial Crisis, central bank gold reserves have risen rapidly. Many counties have sought to diversify their reserves away from the U.S. dollar.
December 30, 2019
Housing data for 2019 is still coming in, and it’s mostly good news for homeowners. Prices rose in most cities by an average of 2.2% year-over-year, the fastest since May.
And, practically every team in professional sports has one or perhaps more players who were not high draft choices, but have excelled. “Passion never goes out of fashion.” —Harvey Mackay
There’s a time and a place for great messages …
to FLIP ON the switch. The place is here. The time is now!
Sunny Lenarduzzi … “Your Best Year Ever”
My wish for you in 2020, is that ‘we’ at “Rob’s Personal Blog” have somehow Flipped On Your Hidden Switch! … 😉
December 30, 2018
As we head into 2019, I wanted to share a message from Brian Tracy. Brian Tracy is a mentor of mine… whom I respect dearly. I’ll call today’s message simply:
Here are two things you can do, all day long, to keep your mind and emotions focused on your goals and financial success:
First, listen to audio programs in your car and when you travel around. Continue feeding your mind with a stream of high-quality, educational, motivational material that moves you toward your goal.
Second, resolve to associate with positive, optimistic people. Get around winners and get away from negative people who criticize, condemn and complain.
This can change your life as much as any other factor.
To Your Continuous Positivity,
December 30, 2017
December 30, 2016
Last day for the stock market world today! Hope you’ve made your fortune.
Gold bounced up a bit yesterday, Barrick moved up around $1.40 on a $20 stock. Bit rich for me to hold many shares; 25 of those babies for 48 hours netted me $55. Doesn’t sound either good or bad, just nice to have going into my pocket rather than out of it. Enough about stocks.
Hope to post pictures on this blog along with articles of personal interest … no business, unless it is something important or funny that happened at work. I will be talking about my vacation to the East Coast in the coming months. Hope to visit Nova Scotia and Prince Edward Island. Newfoundland and Labrador will have to wait for another year!
All for now! Got to get ready to go out for a bit! Bye.