{"id":53068,"date":"2020-12-31T12:04:20","date_gmt":"2020-12-31T17:04:20","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=53068"},"modified":"2020-12-31T12:06:42","modified_gmt":"2020-12-31T17:06:42","slug":"tomorrow-is-a-new-year-and-one-new-rule-be-careful-be-aggressive-about-being-careful","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=53068","title":{"rendered":"Tomorrow is a New Year, and one New Rule: Be careful. Be Aggressive About Being Careful."},"content":{"rendered":"

Tomorrow is a New Year.<\/p>\n

There’s one Rule for the New Year: Be ultra-careful.<\/p>\n

Make that: Be Aggressive About Being Ultra-Careful.<\/p>\n

Why aggressive? It’s getting worse out there: The virus is mutating into worse viruses. Some healthy people get long-term covid — with horrible long term effects. One fellow with covid is in the hospital for the seventh time. It’s hurting his body and his brain. It’s not what you or I want. Click here.<\/span>\u00a0<\/strong><\/p>\n

None of us have been vaccinated. The administration promised 20 million vaccinations by today. They lied, as usual. Here’s today’s headline:<\/p>\n

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Infections and deaths are skyrocketing — driven by Thanksgiving and Christmas “festivities.”<\/p>\n

Don’t let your guard down. If you’re someplace that looks unsafe, leave. Better yet, don’t go “someplace.”<\/p>\n

Order in. Do curbside pickup.<\/p>\n

Don’t visit anyone.<\/strong><\/span><\/p>\n

Do Zoom. It’s safe and easy. Go for a walk, away from everyone. The trees don’t have covid — last time I checked.<\/p>\n

Keys to Life for 2021: Moving, thinking, loving (remotely), resting, reading and writing.<\/p>\n

That’s it for today’s lecture.<\/p>\n

Send this blog to your friends.<\/p>\n

Tell them we made lots of money this year.<\/p>\n

We’ll figure out how to make more in 2021.<\/p>\n

It won’t include buying overpriced recent IPOs\u00a0 like ABNB, UBER, DASH or SNOW. In fact, they’re probably all good shorts.<\/p>\n

Tax and stock things:<\/strong><\/span><\/p>\n

+ You probably spent more than enough time out of New York City to no longer be a resident. Five states don’t have income tax, including Florida, Texas, and Nevada.<\/p>\n

+ You may have fluked a capital gain or two. You could also sell overvalued stocks today for a capital gain. Right now there is 15% federal capital gains tax. I hear the Biden plan is to move it up to the same as ordinary income which can be as high as 39%, maybe higher.\u00a0If that seems like a real possibility then you should take all a loft of your long-term profit now for the income year 2020. Especially since I don’t think that prices of companies with no earnings will sell in 2021 for what they’re selling at now.<\/p>\n

+ Probably best to put in a 15% stop loss order. There’s a lot of talk that Biden will be bad for the stock market. Historically Democratic Administrations had actually done better<\/strong> for the stockmarket than Republican ones. But that fact will get lost in all the noise, as most facts do.<\/p>\n

I sold my Alibaba today at a small profit. I like its business. I don’t like the Chinese government. I’m short SWI and Zoom.<\/p>\n

Posting nonsense on the Internet<\/strong><\/span><\/p>\n

Since we got the Internet in the last 1990s, anyone can post anything anywhere. Once posted, someone will send it to someone else.<\/p>\n

The Nashville bomber apparently believed you get Covid-19 from 5G cell towers. So he blew up AT&T’s central cell phone switching center.<\/p>\n

A friend recently sent me a video of standard conspiracy theory — Democrats eating children to prolong their lives. (Not the children, the Democrats.) Along with the video, he sent this wonderful caveat:<\/p>\n

I have no idea if this information is valid. I haven’t even watched it yet. I am posting it in case it is, and because it will likely be removed immediately if it has any truth to it that is damaging to the illicit Biden regime.<\/p>\n

Please watch and comment. If it is real garbage we will remove it.<\/p>\n

It was<\/strong> real garbage.<\/p>\n

Things to be happy about<\/strong><\/span><\/p>\n

+ I’m happy I never invested in China, Iran, Egypt or Turkey. I had oodles of opportunities in the last 30 years. I saw potential high returns. I’ve visited all these countries. When I look at these countries today, I see them all locking up reporters to long prison times — for writing stuff similar to what I write in this blog.<\/p>\n

+ I leave the year happy that I’m a reporter in America and that I’m not being hit with trumped-up charges and locked up for years in horrible prisons in China, Iran, Egypt or Turkey.<\/p>\n

+ I’m happy that I can play my grandson Peter chess remotely. And I’m happy for FaceTime, PhotoStream and Zoom. I see my kids and my grandkids in wonderful Kodak moments.<\/p>\n

+ This morning I played my 291st game of tennis in 2020. It was an hour and a half of aggressive singles. Tomorrow we’ll play a little longer so I can win the third set and coddle my fragile ego.<\/p>\n

Thought for 2020<\/strong><\/span><\/p>\n

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For the celebration tonight<\/strong><\/span><\/p>\n

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This is fun. Click on the link or the photo —<\/strong>w<\/span><\/span>hatever your system is showing you.<\/p>\n