What a crazy year it has been, luckily for us, December has been fairly subdued, which you can read about in my latest “Monthly Update“.
Bitcoin has become a hot topic lately and has been on a seemingly endless trajectory upwards. Will it continue into 2021? The first article linked can explain somewhat, why the price has risen. With negative interest rates possible, money being printed and inflation imminent – people are looking for safe storage of value, be it Gold or Bitcoin.
What else will the economy have in store for us this year with a vaccine on the horizon, but still a long time before everyone can be vaccinated? Also, the fear of COVID-19 variants, such as the new one emerging in the UK has people worried about further spread and lockdowns. Who knows what will happen in 2021, but it’s doubtful it can be much worse than in 2020.
Danish Bank Launches First Negative Interest Rate Mortgage | The Guardian
How would you like to have the bank pay YOU to take out a mortgage? Well just move to Denmark and you can find out. The strange new economy has seen negative interest rates and now negative mortgages. Just how all of this will play out remains to be seen, but it’s fairly evident that countries and central banks will do just about anything to try and stabilize the economy. (Thanks to Phil MacKellar at MyMoneyMoves.ca for the link)
SARS-CoV-2 UK variant: Does it matter? | Vincent Racaniello, PhD
Are you concerned about the new COVID variant? Well, maybe you shouldn’t be as much as you think. In this video, “Earth’s Virology Professor” walks us through a brief overview of viruses, how they work and what variants are and how they can affect us and infection rates. It also discusses how we track virus transmission and more. Either way, this is a really interesting overview and explanation, from someone extremely well-versed in the subject matter.
Freedom 35 Blog | Liquid Independence
It’s always fun to read other personal finance blogs, particularly success stories. Freedom 35 Blog’s Liquid Independence who managed to retire earlier than planned (before hitting 35 years old) is back after an extended break and posting more great content. Check out the latest updates for some motivation if you are looking to invest and retire early!
That’s all for this weekend, don’t forget to check out the latest articles on the homepage including “How Camel Camel Camel can Help You Save Money at Amazon”
Have a great weekend!
Thanks for the mention dude. I agree that 2021 shouldn’t be as bad as last year. Good luck with your weight loss goal. Do you measure body fat % with a caliper or step on scale? I personally find fitness plans harder to follow than financial ones. Maybe I’m just lazy lol.
Ha, yes fitness plans are definitely harder for us in the personal finance realm I’d guess. You can let me know if they become easier in ‘retirement’. I just use a body fat scale, I know they aren’t exactly accurate in absolute measurements, but I think the change in percentage is close enough when looking to lose fat. Keep up the great work on your site!