7.16.2024

This will be painful

Today our holding reached ATH in Swedish krona as well as in US dollars. The development of our portfolio in the last 3-4 days is almost ridiculous, the value has increased every time we have logged on. Rising stock prices in combination with a strengthening of the USD against the SEK that affects the entire portfolio causes the value of the portfolio to go bananas.

This cannot go on indefinitely though, there MUST be a recoil soon. So I'm going to take a chill pill and hopefully be able to refrain from making any investments and instead wait for the recoil.

Since patience is not my strongest personality trait, I have probably invested every available dollar before the market closes today.

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