The waves of the sea continue their course, without caring about the balance of the surfer. It is up to him to balance his weight so as not to fall just at the moment when he has the most speed. It is up to us to balance the weight of our portfolios.
Argentina is a cyclical country that, every decade, gives us another opportunity, making us have four or five turns in liferegardless of our political sign. This time may be different, as the previous ones were, and I like that we start with optimism, without losing objectivity. Therefore, seeing a stock market that It rose 65% in 2023 and more than 170% in 2024, it makes me think about taking care of what I have gained in this cycle, without forgetting the previous ones.
Bonds are conservative assets on the books and Our bonds tripled in price, going from US$25 to US$75. Given that its technical value is just over US$96, it is impossible for the phenomenon to repeat itself without a default occurring, since They are not going to be worth 3 timessince they would be quoted at 225 (75×3). Possibly, they give us a behavior more similar to that of ONs with low volatilityincome assurance and risk of non-payment if the issuer has recurring deficits.
Actions have other rules, because They could rise in price to infinity, both for the evolution of business and for our spirit.
And this is where this 2025 makes us be selective when analyze what business could grow within the country, while we compare ourselves with the rest of the world.
Keys for conservative, moderate and risky investors
Conservatives! They want to keep the money. The bonds will be your allies and they will have to think now if they want to take on national or foreign risk, for similar returns.
Moderate, risky! They are encouraged to accept volatility so diversification, Patience and portfolio management will be what defines your profits. The exposure to riskier assets should represent lower portions of the portfolio, so that no unforeseen event seriously affects us and makes us visit the emotions to which greed leads us when it guides our financial decisions.
The waves of the sea continue their course, without caring about the balance of the surfer. It is up to him to balance his weight so as not to fall just at the moment when he has the most speed. It is up to us to balance the weight of our portfolios.
Does uncertainty or fear catch me? I hope then in bonds or even liquid. My biggest risk will be losing dollar inflation or some increase, gaining peace and security after this party we are experiencing.
Good end to the year, I hope it happens again.
Creator of “Doctor of Your Finances” and independent financial advisor
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
