Income interest for the first time in many years

Most investors always seem to have around 10% of the portfolio's value in cash for potential acquisitions, a so-called war fund. Our experience is that unexpected financially good purchase opportunities arise so rarely that it is better that the money is put to work as soon as possible. An example of such a rare and exceptional financially "good" purchase opportunity is if one country invades another which creates an unforeseen demand in the war industry.

Apart from the last 2 years, Sweden has had a negative policy rate, which means that the savings rate was 0%. Then having 10% of our savings in cash didn't feel like an option for us. The result of this is that we have no investment in the war industry. I don't judge anyone who does that, if we had a larger sum of money uninvested we would certainly have done the same thing.

However, we have the money for unexpected expenses in a regular savings account that will generate a very small interest income at the end of the year for the first time in many years.