1.22.2024

Never again a fund share

We did our own little market research last year.

The market research meant that we bought shares in different funds from different fund commissioners in order to be able to compare how they developed in relation to our stock purchases.

At the beginning of December 2023, it was clear that our stocks were performing better than our fund units. We placed a sell order on all funds the next day. Within a week, all fund shares had been sold. Except for one.

At first, the world's most perfect husband thought he had missed selling the fund shares. When he tried to place a sell order, the fund shares were listed as "in the market". The fund shares were not sold until January this year, that is almost 6 weeks after the order was placed. This fund is their flagship and yet the interest was completely non-existent.

To top it all off, the price of the fund shares fell before the order was executed.

No comments:

Post a Comment

I take my hat off to Ms. Taylor Swift

This week, the talk of the town in Sweden has been Ms. Taylor Swift when it comes to finances. Ms. Taylor Swift gives 3 concerts in Solna ci...