Happy New Year 2021

Happy New Year! Good riddance 2020!

We just completed 5 years here at Main Street beats Wall Street. Now with 2021 we start year number 6.

To tell you the truth I’m here scratching my head trying to figure out how to write this post. I guess I’ll start with my year then get to the year the world has had.

Me, personally, I had a bittersweet year. When I speak about my COVID-19 experiences I know I speak about everyone. It was, and continues to be horrible. I know many people who suffered with COVID, I know people who died and I know people who are suffering right now on respirators. I know people who lost their jobs; I know people who lost their businesses. COVID made this year the worst year ever!

I am lucky that no-one in my immediate family got sick. However, I do have many relatives who have it right now. I’m happy to say everyone is handling it pretty well.

One casualty I did suffer is Fiore’s Pizza. Many of you know I own a pizza place in Greenwich Village, NYC named after one of my best buddies who died 9/11 as a NYC firefighter. His name was Mike Fiore. Fiore’s Pizza is the last of my businesses. Fiore’s was not only a business; it was a place where people learned who Mike Fiore was. I loved having Mike’s name up in lights on Bleecker St keeping his memory alive. Fiore’s Pizza had to close 2 weeks ago because of lack of business. The streets of NYC are just not the same. Businesses are closing every day. This was not the loss of a family member, that happened Sept 11th, 2001. But it was very painful! And it was a loss of an income. At this point I totally rely on my trading.

The pain COVID-19 caused so many people all over the world is unfathomable. The loss of lives, jobs and businesses will take years to get over. If you had a huge loss I’m very sorry and you are in my prayers.

The stock market did very well through all of this pain and closed the year at an all time high. It’s the craziest thing! While many people who are comfortable in life did well with the market, and the rich made more than ever!  But the problem is the people who are struggling, or younger people, were not able to take advantage of this run-away market. Many were worrying about surviving, not investing. This pain is widespread, and I feel their pain.

I mentioned this year was bittersweet for me. The bitter part involves COVID. The sweet part involves the stock market. The end of the calendar year is always a time for reflection. As investors, we should always take some time to celebrate the decisions we got right. And more importantly, to correct the decisions we got wrong. I’m not one of the rich I mentioned above but I did enjoy great gains from the market. I plan on reviewing my trades and doing better in 2021. But, the question is why did I do so well in 2020? And how can I help you?  Is it my strategy? Is it my philosophy? Is it my knowledge and discipline? Whatever it is, I just had the biggest year of my life! I believe if you work at this you can do the same.

I have a lot to write about this weekend. I’m sorry to say you will be getting it all in the form of many posts via email. One will be my results of the entire year 2020.

Everyone wants to get away from 2020 and get a fresh start with 2021. I’m sorry to say I don’t see anything different from 2021. At least not until about June. COVID will continue to be a thorn in our side. We will see different strains of COVID and will have to make adjustments to the vaccine. Other things that will not change are the politicians and the media. They will continue to lie to further their agenda. I don’t believe a word they say! We must take care of ourselves! The politicians and the media do not care about us! The politicians care about themselves and the ones that give them money. The media care about reporting fake news to further the agenda of the politicians they push. If this sounds harsh, they cause it with their actions. I feel my job is to take care of my family. Also, I want to help anyone who wants to be self reliant. Do not rely on the government! You can do it yourself!

In the next few days I’ll be sending out posts to help you achieve this if it’s your goal. I will show you what I did with my resources so you can do the same. I will show you what I did in 2020 and I show you what I’ll do in 2021 with strategies, philosophies, discipline and live trades. COVID has changed the world forever. We must take care of ourselves and develop a way to make money at home. I must say, COVID changed many of my life’s goals. I’ll be talking about this in the next day or 2.

Enjoy the rest of your New Year’s Day and we’ll get to work tomorrow. Because of my great year I will not be trading much this week. I didn’t want to make any more money in December for tax reasons so I already placed trades expiring this week. I hope to concentrate on writing and making changes to Main Street beats Wall Street. I have so much to write. I don’t want to overwhelm you with information in one post. But I will in the next few days.

Successful trading,

Steve

The Options Coach