It is not always easy to keep one's cool

The fluctuations in the USD/SEK exchange rate in recent months have been scarier than any ride at any amusement park worth its name. The portfolio may show black numbers only to show red numbers 60 minutes later even though stock prices have risen measured in USD.

According to the state-owned Swedish television (SVT), the current trend in Sweden is to sell American holdings to move the money to Sweden, something we have chosen not to do. Which is a significant factor in the inflow of capital to Sweden and thus a strengthened Swedish krona.

The world's most perfect husband and I still believe that America has significantly higher potential than Sweden and even Europe in the long term. Even if we are convinced that we are doing the right thing for ourselves and our finances, it can be worrying and difficult to keep it cool when the portfolio value drops by more than $50,000 in just a couple of hours and all news media in Sweden have BLOOD BATH as the headline for news about the American stock market.

AI generated image with Grok