Dodged a bullet

The timing of when we received the purchase sum for the sale of our condominium premises could not have been better. If the deal had been completed a month earlier, we probably would have had time to invest most of the money in the stock market, just before the carnage would have begun.

In addition to the actual slaughter of the stock market that has occurred in the aftermath of the trade war due to tariffs, the Swedish krona has also recently strengthened significantly against the US dollar, which is affecting our portfolio value more than stock prices.

Furthermore, some of the Swedish politicians have started talking about replacing the Swedish krona with the euro and given how quickly Sweden decided to join NATO, we may well have the euro in Sweden sooner than one might think.

AI generated image with Grok