8.26.2024

Damage control

In addition to investing in Creaspac, a so-called Special Purpose Acquisition Company (SPAC) on our endowment insurance at Nordnet, we had forgotten that we made exactly the same investment on Avanza. So we were surprised last week when we got the purchase price back from Avanza. Today we chose to invest the money in British American Tobacco Industries, p.l.c. Common Stock ADR (BTI).

The sale of TriplePoint Venture Growth BDC Corp. Ordinary share (TPVG) earlier this month which resulted in a reduced dividend is almost restored. Compared to August 1, we have $103 less in dividends per year. Hopefully this damage will be completely erased within a couple of weeks.

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