Rip the band-aid

Due to the national tax rules the most advantageous way for me to buy and sell securities is to do so in an endowment insurance.

Unfortunately, it took me about 2 years until I realized that I needed to change the form of savings.

During these 2 years, we lost more than $14,000 in foreign tax. The loss for the sale of the total shareholding must be added. We couldn't even buy back all the holdings because of new regulations.

I am glad we took the loss when we did, it never pays (usually not) to wait.

Once again I reacted on instinct

The stock price for DX fell today to $6 per share. Combined with a monthly return that yields  a return about 11.7%, is a good buy. At least in my world.

I take into account mainly five factors when I value a share. Stock price, yield, dollar rate,
ex-dividend date and if it's a monthly or quarterly pay date.

I got 3 out of 5 factors in this purchase, the only things working against me are the dollar rate och ex-Div date.

I left no money in the account this time.

Do not bite off more than you can chew

I need to keep my cool now. Since I believe that the market will fall in the near future, I have kept all my cash dividends. I even sold some shares in the hope price drop.

On the other hand, it hurts when the stock prices fall. No matter how thin you make a pancake, it always has two sides.

I really want them to start earning dividends, but the window is still open considering the record date.

I hope this strategy will pay off.

Basic mathematical skills

Yesterday my husband and I was out on our own. The offspring was at a party with a classmate.

During our lunch 2 teenage boys came and sat down at the table next to us.

From their discussion, I understood that it would be desirable if their school grades were significantly improved, at least from a parent's point of view.

When they got the bill they had difficulty sharing it in two parts, one of the boys had one side order so there were five products on the bill.

On top of this they had to calculate the tip, 10-15% extra. It ended with my husband borrowing them his phone so they could use the calculator.

In the future, my eleven year old will calculate the tips when we are out eating. As a son of a CEO and CFO, life can be difficult, but educational.

Guessing Nordea does it the old-fashioned way

Due to Nordea's excellent tax return service I transfer all my dividends to them.

It feels like they are using a wheelbarrow to move the money from one account to another within the building.

That is how long time it takes to transfer money within the bank. In other banks, the transfer is immediate. But not at Nordea. It takes hours, if not days...

I have to give them credit for always, sooner or later, always sort out everything.