Best wishes for a positive 2021 from our families to yours.
We all know 2020 was deeply challenging for many people on so many levels.
But being “locked down” also provided some unexpected silver linings: the chance to spend more time with family, or to read those books for which you had not yet found the time; more time to focus on health, complete home renovations, learn new skills (gardening, cooking and technology); and especially the opportunity to re-evaluate our own life priorities. Another bonus: our physical world was treated to a massive reduction in human-caused pollution.
Despite working remotely since March, at Elevate Wealth Management we took steps to enhance several key areas within our practice that we feel will benefit our clients. And from an investment standpoint, when we focus on the long-term, we see many exciting innovations and opportunities that will benefit society and reward investors – like autonomous electric vehicles, deep learning and artificial intelligence, robotics, and gene editing technology.
The above video is a fascinating look at how the world has changed and developed over time. We first sent it to clients about 10 years ago and received significant positive feedback at the time. Today we work with many families who may not have seen it. If you have 5 minutes to spare, we believe you’ll be captivated by this vision of human history … and our future.
Looking forward in the more immediate term:
- While the pandemic may get worse before it gets better, new vaccines have been brought to market in record time. Leaders in both health and government are projecting significant decreases in COVID infections soon
- Trump/Pence are out. Biden/Harris are in. After four years of chaos and mayhem, we expect a calmer, more cooperative political environment in the US, and most importantly a more science-based approach to COVID-19
- Governments and central banks remain accommodative. Money is being provided to individuals and companies that are in need. And interest rates are expected to remain at historic lows for at least the next two years
- Markets have rebounded strongly from their lows of last March. Many big-money investors are looking past the expected short-term problems and focusing on the opportunities in coming years
Stay safe and healthy!
