Happy New Year! We are finally into 2021! And as per every month, I will be looking into providing an update for my portfolio in December 2020. In addition to that, I will be doing a quick review of my investment performance for the year 2020.
Anyway, in case you have missed my previous article on my top 7 investment lessons of 2020, please check out the post here: https://thecommonsgmillennial.com/7-investment-lessons-from-2020-to-bring-into-2021/
Without further ado, lets take a look at what happened in December. This month, markets were rather flat. Some days were really strong, while others were weaker. That said, there were 2 important COVID-19 related news this month – the fact that there is a new strain of the virus in the UK (more contagious btw), and that vaccines have started to be distributed and injected worldwide. This has caused stocks to rocket and plunge on news accordingly. Overall, we have had a very strong month in December.