It's now Jan 1st 2010. What a year it's been. Crazy bear market rallies, a fake recovery, and suddenly everything seems hunky dory again. Financially it's been a surprisingly good year for me, then again I expected Armageddon or something along the lines of that, so comparing anything to that's a positive.
Positives
- Sales weren't as down as I thought they would be
- I didn't lose my shorts in trading
- My savings rate is still unbeatable
- We didn't get sacked
- The AUD recovered
- US didn't go into collapse
- Financials wise, I'm still way above the crowd
Negatives
- Economy fundamentals are worse than ever
- US will collapse, only a matter of time
- People are still pretending nothing happened
- Sackings are on the way this year
What's in store for 2010...
More applications
I'll start writing applications for the iphone (really). I'm getting an intel mac this month, so I must! I'm also writing another application for Windows to complement the present product line.
I need to start writing a specialised targeted blog... must work on my inbound marketing.
Investing
What do I expect this year? Armageddon as well, but I'm always prepared for anything. I expect Gold to hit 1500 USD this year. Gold shot up to 1300+ AUD before retreating to its present levels. I still expect a higher price for Gold in Feb. I also expect Gold to hit the 900+ USD odd levels sometime this year, before shooting way higher. This is going to be the year for Gold. Stocks? For trading only. With insane stimulus, can stocks go up? Of course. But based on present valuations, stocks are just way overpriced. This isn't any bear market bottom.
Of course I could be totally wrong. Gold didn't hit 2k as I thought it would, but it's set a strong base at the 1k level. The Dow didn't fall as much as I thought it would. But we shall see.
That's all I have to add for now.. I'll add more.. later if I have anything to add. Getting sleepy....
2010 here we come...
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