Biden is finally president- He has made his dream come true. For those who don’t know, he has tried to run president since the late 80s so that’s 30 years plus trying to be president.
He is also the first president to have super armed presence and a locked down DC.
Anyway, how should we invest in the Biden era?
The stock market was super joyful with Biden, rallying- I mean rallying hard.
So is this good news? Ugh…probably not.
The stimulus will come but it won’t be as big as Biden or Yellen wants.
I doubt the Republicans will let such a big bill pass. So once the stimulus size decreases, markets will shiver.
I am praying that the infrastructure spending brings life to the US economy but given the government’s tendency to waste money that won’t materialize as much as well. But it will help the US economy and our quality of life somewhat.
Normalization with China will help both economies so that is good news although China has not changed a bit. So short term good but long term bad.
But the other good news is that the rest of the world is burning but the US still just getting heated up. So money will come to the US even if the dollar weakens due to the money printing.
I won’t be surprised if we have few crashes this year and beyond.
Trump should be happy leaving a broken economy to Biden. In 2022, Republicans will likely sweep both houses with the ailing economy. And don’t be surprised scandals breakout in the Biden administration, it is an unstable and unloved coalition.
So how should we invest.
GOLD, GOLD, GOLD, and SILVER.
My portfolio is 30% gold and silver miners. I am long NEM, EQX, MUX, HL, EGO, AG, SAND, and EMX.
I have been accumulating and swing trading at the same time. I would accumulate bit by bit and swing trade whenever there is a huge price drop. The strategy has worked out for me as many miners did not break out during the last few months.
However, I will accumulate more after some correction. The Biden euphoria will correct and miners will take a hit as well. So I will accumulate more.
I wouldn’t mind going 40% of portfolio gold/ and silver miners.
I am also long housing and mortgage REITs. I am long IRT, BRG, NRZ, AGNC, and ARR.
Housing REITs in growing states (TX, SC, NC, AZ…) will do well as people leave NYC, LA, and SF. The dividend is about 4%+ So very happy.
For mortgage REITs, I like the 9%+ dividend yield. Very happy and not complaining. As long as rates remain stable, we will be fine. Also, more people will get into MREITs seeking income. So we should be fine.
As always do your due diligence and manage your risk 😀
I am praying for peace and prosperity in the US. I know that there is a rough road ahead but we will pray, love, and serve.
God bless America!
Thank You Jesus for another blessed day. Let us always be thankful and spread Your love and blessings Amen-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18