Looking For Big Things In 2021 & Beyond

Happy New Year to everyone as we embark on a new year, and new beginnings. It's my first blog of the year, and I hope everyone have an awesome year. Personally, my resolution is everyday, and not for the beginning of a new year. At least this is how I think. Overall, last year was a good year for the market. Stock market indexes across the board took a dip when the country shut down because of Covid19. Thousands of small businesses had to close their doors for good during the pandemic. Despite thousands of small businesses having trouble surviving, institutions like Nike, Amazon, Walmart, and Salesforce did very well during the pandemic. These companies took a dip during the shut down as well, but bounced back like many other organizations. Tesla grew over 500% in 2020. These companies will not be filing bankruptcy papers too soon.

Donald Trump may not be the typical person that understand socialism, but he understand the stock market very well. Most of his buddies have publicly traded companies, and he has said this in public interviews. He tried to take on China, which is a tough task considering this country is really something serious to deal with. China feels like everyone should bow down to them. In my opinion, out of any markets in the world, China is definitely tough to deal with.

In 2021 I'm looking to expand my portfolio. I'm looking for the market to be strong this year. Recovery stock should be strong for 2021. Recovery stock consist of travel, lodging, casinos, and vacations. DoorDash & Airbnb made big debuts to the market. Airbnb has upside for long term, whereas I don't have faith in DoorDash long term.