Has the carnage ended?

The value of our portfolios has fallen more sharply and faster than a ski jumper during the Olympics who misses the landing. As we have started selling our inventory in the store, we have had neither the energy nor the time to follow the stock market meticulously during this period of time. Since we are dividend investors and not growth investors, the daily stock market trend is not entirely decisive for us. The most important thing for us is that our holdings do not cut their dividends.

Yesterday I started an endowment insurance with our latest digital investment platform, Montrose by Carnegie, and today I made my first acquisition. Since we are not registered as a professional investor with Montrose and therefore do not have access to all instruments such as EFTs and BDCs, we chose to acquire Stellus Capital Investment Corporation Common Stock (SCM).

The reason we choose to open an endowment insurance with Montrose is that they are the first in Sweden to offer direct refund of foreign withholding tax. According to the newspaper DI Montrose's partner is Movestic. Initially, we will only make smaller acquisitions on this platform until we see how user-friendly the app is, how well the foreign withholding tax refunds will work, and how high the brokerage fee is.

AI generated image with Grok