Hi, people of the Blockchain! In this post I express my financial goals for 2021.

My most ambitious financial goal for 2021 is not financial per se. It is to finally escape the never ending lockdowns and live a normal social life once again. This will greatly help me make better decisions financial or otherwise.

Investments

Saving accounts & Bonds

Everything related to fiat currency (saving accounts, bonds etc.) is doomed to fail not only for 2021, but for many, many years to come. The markets as well as the real economy have been addicted to QE for good and looks like QE is not a temporal emergency situation, but rather the new norm. The increase in the USD entered in circulation (M2 money) surpassed 20% compared to the 2019 levels.

By definition, this is the real USD currency inflation, not the superficial CPI (consumer price index). If CPI was the inflation, we would not need a separate word for it, we would call it "inflation". All major fiat currencies follow similar trends. Central banks are stealing your savings and big chunk of your retirement plan at a rate that surpassed 20% for 2020 alone!!! (Pension funds are forced to invest at least 50%-60% depending the country in sovereign bonds.)
Spread the word, tell your friends, tell your cousins, tell your grandma 😀, people need to make informed decisions.

Personally, I hold as less fiat as is needed for my life expenses. I did this in 2020 and I am carrying on in 2021.

Real estate

People's aspiration to acquire their own house/flat will remain in 2021 as strong as it has been in the past. And negative real interest rates are theoretically a good sign for the real estate asset class. However, the real economy troubles are expected to climax after the COVID-19 crisis health aspect has ended. With rising unemployment and declining salaries, how many people will be deemed eligible to take a mortgage? And if we assume real inflation in the levels of 20% (as in 2020), we would need to see an increase in house/flat prices of more than 20% to make genuine gains. In the current conditions, it looks impossible to me. And let's leave commercial real estate aside, this is doomed for good. "Work from home" and "buy online" trends put the final nail in its coffin.

Personally, I already own 2 flats, one to live in, another to rent out. No more for me, thanks...

Gold

Gold reassured its perception as a store of value in 2020, by appreciating by 28% against the USD, i.e. less that 8% real gain if we consider inflation. I predict it will surpass inflation for 2021 too. Therefore, selling your fiat currency for gold will be proven a profitable move for 2021. But is a real gain in the levels of less than 8% your highest aspiration? Not my cup of tea, I am afraid...

Stocks

Only tech stocks have outperformed real inflation in 2020, but in the current P/E ratio levels, do you feel comfortable holding them? I certainly do not!

Cryptos

Yes, you 've guessed it correctly, I am invested in cryptos!

We have entered a bull year when we expect to reach the top of the current $BTC market cycle. $BTC gave us a whopping 318% gain for 2020 and I expect 2021 to dwarf it... But stay tuned, because at the exact moment we reach the top, the 1-2 years long bearish $BTC market begins. While it is impossible to accurately predict the top (date or price), many expect it within September.

It is well known, that $BTC acts as an index for all the rest cryptocurrencies, that benefit from $BTC bull runs. Besides $BTC, I hold: $ADA, $DOT, $LINK and $VET.

$ETH has serious design problems that do not allow it to cope with traffic. Today's fees surpassed $100. At the moment $ETH 2 looks like a promise land, currently mentioned only to boost $ETH 1 price. Huge potential for smart contract platforms to gain significant portion of the $ETH pie. Cardano ($ADA) and Polkadot ($DOT) are better placed to succeed in this race.

Demand for Oracles can only get higher and higher and Chainlink ($LINK) is the king of oracles.

VeChain ($VET) is probably the most undervalued blockchain project out there. It is a supply chain solution to combat counterfeiting and consists a mature product with many, too many customers. Probably the blockchain project with the biggest commercial success outside of the crypto world.

But, I believe every healthy crypto portfolio should be majority $BTC. 60%, 70% or 80%, you decide that based on how much risk you want to take. Personally, I am on the 70% mark.

I humbly ask for your forgiveness 😞, but I do not hold any $HIVE or $LEO, well except for those I earn writing here 😂 (which I have no intention to sell). I am not convinced yet they are good investment opportunities. Every attempt I made to find $LEO tokenomics ended up in a different coin with the same name 😞. Could you please help me with this?

Whatever your decisions financial or otherwise are, I wish you all to get the best possible outcome in 2021!

PS. If you would like to, you can follow me on: 🚩 twitter: https://twitter.com/cryptovios1 🚩 youtube: https://www.youtube.com/channel/UC4t1o-i3DUieL5erhYYFYTQ 🚩 3Speak: https://3speak.co/user/cryptovios 🚩 Torum: https://torum.com/u/cryptovios 🚩 Publish0x: https://www.publish0x.com/cryptovios

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