With all the talk about how "hot" the US economy will be in 2021, I was curious to see what has been happening elsewhere. I selected market indices that are comparable to the Dow Jones and charted performance since 2020.
The UK has struggled the most, with Brexit issues adding to pandemic recovery. Europe has just recently crossed over the white line and if it holds, there are good companies whose stocks are priced well for buying. China had a massive increase last summer and now has gone negative for 2021 due to profit taking amidst policy uncertainty. I am wondering if India and US will also move lower as the reality of valuations kick in, or rate policies (bond markets) take over, or any unpredictable event changes sentiment to profit-taking.
As these markets have gone up from last spring's tumble, those who already owned stocks or had spare money to put into markets have gained the most. In few cases, tech company owners and execs have collectively gained billions. The rest of us may have retirement or investment accounts that have done well, and/or we are trying to make money from financial markets. I wonder why people day trade or invest actively, and how they are succeeding or struggling towards their goals.
TradingView facilitates a global community space where, ultimately, people aim to make better trading decisions, select profitable investments, earn more income, and build wealth. To this end, I would be grateful to know my followers and the community better. You have my appreciation for offering some insight (reply in comments or private message):
1- How does trading (active investing) fit into your financial and life goals?
2- Are you trading part-time (with another job) or is trading your full-time work?
3- What have you been succeeding and/or struggling with?
4- If you were offered training or mentoring, what do you need to learn?
5- Anything else you would like to share about your progress in trading/investing?
The UK has struggled the most, with Brexit issues adding to pandemic recovery. Europe has just recently crossed over the white line and if it holds, there are good companies whose stocks are priced well for buying. China had a massive increase last summer and now has gone negative for 2021 due to profit taking amidst policy uncertainty. I am wondering if India and US will also move lower as the reality of valuations kick in, or rate policies (bond markets) take over, or any unpredictable event changes sentiment to profit-taking.
As these markets have gone up from last spring's tumble, those who already owned stocks or had spare money to put into markets have gained the most. In few cases, tech company owners and execs have collectively gained billions. The rest of us may have retirement or investment accounts that have done well, and/or we are trying to make money from financial markets. I wonder why people day trade or invest actively, and how they are succeeding or struggling towards their goals.
TradingView facilitates a global community space where, ultimately, people aim to make better trading decisions, select profitable investments, earn more income, and build wealth. To this end, I would be grateful to know my followers and the community better. You have my appreciation for offering some insight (reply in comments or private message):
1- How does trading (active investing) fit into your financial and life goals?
2- Are you trading part-time (with another job) or is trading your full-time work?
3- What have you been succeeding and/or struggling with?
4- If you were offered training or mentoring, what do you need to learn?
5- Anything else you would like to share about your progress in trading/investing?
Comment:
Thank you all for comments and questions. The chart was inspired by market conversations I had with family overseas, and also by comments from @scheplick in this chart.
