The markets are almost at the end of the week with little to expect from them unless there is a big surprise in some of the news that is pending. Therefore, little surprise and perhaps a slow movement or laterality that thus leads to the end of the year.
With the end of Sunday we will see if there is a Brexit agreement or we will continue to talk about a new deadline or the end of everything. I think that the most logical thing will be to see how each day is used to determine the pending issues, but it will be closed without the Grand Agreement.
The aspects that make the agreement unfeasible will be negotiated as the situation becomes more tense. These tensions will occur over time, I do not know if all of 2021 or later, but the issue of fishing will reach a point for example that will possibly be hostility because the United Kingdom does not want to give in at this time.
In relation to my thinking, the Covid-19 has not facilitated the agreement, the United Kingdom does not know exactly how it will get out of this crisis, and giving in in certain aspects can harm them in the long term, so wait to see what happens and then go negotiating.
In all likelihood, Trump’s resources will not be victorious in court, and Biden may soon receive Trump’s “blessing”. With this, the second package of fiscal aid may be launched shortly.
This week everything will look to the, like the previous week to the ECB, to see what “new” economic measures it takes, presumably they will be like those of the ECB, with the tagline that the State must approve that fiscal package that I previously mentioned.
For the rest, we will see how the different vaccines are coming out and their uses are approved, and with this, society gradually protects itself from the virus.
At the end of the year, I encourage you to include in your thoughts, reflections, in an important way the administration and management of your money, your wealth, by you on a personal level or that you get the help of a professional, a independent financial advisor.
In a particular way you can train, and have the knowledge yourself, that would be the best of the ways, but you have to see the cost of time and money that it takes you, time because you cannot pretend to take a daytrading course of just one week or little more and think that you already have everything, that this will be your new source of income that will complete your salary and you can have the financial independence you always dreamed of.
That path will lead you to bankruptcy in the fastest way you ever thought, and it is because in general the way they teach to include daytrading in people’s lives is not the right one, nor the learning process the right one.
You should look for a 3-month course in which you can learn and practice the method well, and then enter another good time in real time, so that, then, yes, you have the method controlled and that you have been able to practice it in simulated mode.
In general, this is not the case, which is why so many people fail, apart from other issues from the trainer. So go ahead, train yourself, but do it well, not looking for the easy and cheap, which is what most do. Not the excessively expensive, that sometimes they do not give you anything of value. There is a point where you can find price and quality teaching.
And once you start, if you can, learn other methodologies, other temporary spaces to gather knowledge that will allow you to diversify your capital, because that is the question, diversify, and when you are clear with time and experience everything, you can concentrate the investment.
With all this knowledge you could start managing your capital, but in case you prefer not to do so, hiring an independent financial advisor is the best option, and be careful, stop thinking about large assets, advice is democratic today, and We can all access it, and depending on our possibilities, build our savings and investment structure with its help.
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