3.28.2024

All Time High

Our portfolios hit ATM yesterday, both in SEK and USD. At one point yesterday, the value increased by more than $1000 in less than 1 minute. There were several variables that contributed to our increase in value yesterday.

That the Swedish central bank chose to leave the policy rate unchanged did not help the Swedish krona yesterday, which lost value against the US dollar.

Many of our holdings did very well yesterday. The fact that you, as a resident of America, can choose DRIP instead of cash can affect the demand for these holdings. Which most likely affected some of the holdings yesterday.

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