Latest Market Commentary: January 20th 2021

 Currencies /Forex: Euro can't be a reserve currency for the world instead of the US dollar. Chinese renminbi could be one in the future

Stock Market: This bubble is not complete yet. When it becomes a full bubble, it will pop and a lot of people will lose lot of money

Cryptocurrencies: Never bought any cryptocurrency; many cryptocurrencies have disappeared and gone to zero in value. If government outlaws crypto, no one is going to use it

India: I wish India opens up more because if you open up more, India will be a much greater market in the future.

Never Bought Any Cryptocurrency

Never bought any cryptocurrency; many cryptocurrencies have disappeared and gone to zero in value. If government outlaws crypto, no one is going to use it.

Bitcoin: It Looks Like A Bubble

I have never bought any cryptocurrency but I wish I had bought Bitcoin. Bitcoin to me looks like a bubble. I have seen many other cryptocurrencies disappear. I am not making maoney but I am not losing money either. 

Bonds Are In A Bubble

 

"As I look around the world, bonds are certainly in a bubble. Stocks in some countries are near highs. Property in many places is in a bubble. About the only asset class I see that’s still cheap, are commodities."

How To Become A Successful Investor

 

Precious investment lessons from the legendary investor, Jim B. Rogers.

Everybody wants a hot tip, everybody wants to get rich this month. That is not how you become successful.

It's Difficult To Make A Steady Income Trading

One interesting quote from Unknown Market Wizards about how difficult it is to make a steady income trading:

"Opportunities are dispersed. You might have an opportunity today and then have to wait three months for the next opportunity. That reality is hard to accept because you want to make a steady income from trading, but it doesn't work that way."

-- Richard Bargh, Unknown Market Wizards

U.S. Stock Market: It's Not A Full-Fledged Bubble Yet

Many stocks in the United States are down in 2020. There are a few stocks that are going through the roof every day. Some parts of the U.S. stock market are developing the beginning of a bubble but many parts of the market are not and that's why I would suspect this is going to go on for a while because it's not a full-fledged bubble yet. It's beginning to be in some stocks.