22 January 2021
The IMPENDING Stock Market CRASH of 2021
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Summary
Since starting in November 2020, Daniel fears an imminent 2021 crash after widespread declines, with nearly all savings and inheritance invested. He attributes weakness to alleged tax increases, Biden’s anti-oil stance, upcoming Microsoft and Apple earnings, sell-offs, and unsustainable highs. He plans to trim roughly 40–45% of his portfolio, even at losses, hold cash, and buy discounted stocks during a crash.
Insight
Speculative investing shifts from exciting income source toward anxiety, while he still treats volatility as opportunity.