That’s a Wrap!

Hi Friends,

2020 has come to an end! While some aspects of life were difficult in 2020 (high unemployment, the pandemic, closed schools, modified work environments, etc), it was still a good year to be an investor. Let's run the numbers and put them in order from best performing to worst performing for the full year of 2020:

+465% Ethereum +299% Bitcoin +49% Silver +30% Steem (disappointing though as we started 2020 at only $0.12) (Hive fork happened in 2020 so a full year is not comparable, though Hive also struggled) +25% Gold +17% S&P 500 Total Return Index +7% Bloomberg Aggregate Bond Index (21%) Crude Oil

It's no surprise to see ETH and BTC at the top, so congrats to the HODLers. The mysterious alt season never arrived in 2020 but hopefully will come in 2021? Certainly you would hope for some higher returns for the risk premium on an alt coin.

The US capital markets were strong in 20200, and my personal investing strategy of sticking to aggressive stock portfolios did particularly well at 25%+ returns for the year. Main street continues to feel the crunch and many small businesses will never be coming back so the large corporations certainly fared better in that regard. With the Fed having little ammunition left in the event of a market correction, higher taxes under a Biden presidency, and a continued pandemic that is getting worse, we could have a rocky 2021 investment environment but I am staying long in all my long term accounts at this time.

Here's to a great 2021!

Brian

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