It has been around a year since hard lock down in the weirdest year since World War Two.
There has been a stream of commentary about the last year, a disaster for most, a time for reflection for some and then trying to find a silver lining and hopefully improve the world going forward for others.
There have been warnings in our press that it is not over yet and Paris is experiencing a third wave, so please be careful, especially if you are travelling this Easter weekend.
Markets have improved and a balanced portfolio of quality assets has survived the storm of March 2020. A balanced portfolio of quality assets can be a bit boring, but boring is good in these troubled times.
Some investors (gamblers?) have invested in Bitcoin with varied results and apocryphal stories of great gains but are silent on their losses. This appears to be a wide trend and the FSCA has put out a circular about it today, which is attached for your information, it is worth a read.
Warren Buffet has a pile of documents in the corner of his office, labeled ”Things I don’t really understand” and he has added Bitcoin to that pile. He may be wrong, and he has been wrong often, but it would be foolish to gamble anything more than a small portion of your assets on such a dark horse.
Keep safe.