2.09.2019

Double-edged sword

The dollar is very strong compared to the Swedish krona. The strong US dollar both worries and affects me. The strong dollar worries me about our domestic economy. It can be a sign that confidence in our domestic economy is not particularly strong.
The positive thing about a strong dollar is that I get bigger dividends. When I reinvest the dividend it will be with the same conditions for the dollar exchange rate. Unfortunately, new acquisitions made with my monthly savings are more expensive.

No matter how you twist and turn, your butt is always in the back

-
Labels:

1 comment:

Subscribe to: Post Comments (Atom)

Austrian School of Economics for the win

The Swedish Central Bank (Riksbanken) needs reform - I used to think the "interest rate weapon" was just outdated and clumsy. Then...

  • The world's worst secret
    The people, exclusively mothers, that I have talked to about the sadness of the world's most perfect teenager prioritizing friends over ...
  • Good but next year will be better
    This year, 8 of the year's 12 months will outperform 2023, the underperforming months being January, April, July and October. Although w...
  • I don't get it
    For some reason that I absolutely cannot understand, the Swedish krona continues to strengthen compared to the US dollar. As a Swede, I am o...