Alright, after watching the Dow momentarily cross 30K in November and with the potential blue wave hitting America, just like the Pandemic of 1918…history looks to be repeating itself again. For those like myself who never experienced it, the roaring 20’s was seen as a time period of great expansion followed of course by the Great Depression. With China set to emerge as the New World Leader of a more Globally linked economy, all signs point to a longer lasting bull market in the future. Potential downsides are the dwindling Trump factor (i.e. what Trump does in the last 1.5 months of office), Georgia turning red and blocking the stimulus, the length of shutdowns (currently in blue states which may transition to red states if Biden actually gets inaugurated) and a potential nationwide shutdown through the flu season. Any pullback looks like a buying opportunity and so it makes December’s 2020 Top Stock Picks pretty easy…(this is just an extensive list or my personal favorite value plays right now in no particular order). Do your own research first…
Cash ($20-40K) – Keep collecting $10 Hamiltons
Real Estate – Commercial or Residential – Rent it out and receive a subscription payment each month like banks collecting interest. Make money on the paydown of principal and enjoy the interest expense write-offs for taxes.
- EZJ OR EWJ
If you have the money and risk appetite – FNGU, TECL, PALL and SOXL
Most importantly, stay safe throughout the holidays. Lots of crazy news, especially here in California. Lots of shootings lately, so I’d expect a crackdown on guns post Biden-inauguration. (Hint: Now’s a good time to buy an assault rifle if you can get the ammo as well, as I’ve been hearing rumors that’s what Biden’s targeting if he is inaugurated). Have a happy holidays everyone. Say goodbye to 2020 and I’ll see you next year.