All posts tagged: investing

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My favourite 10 investment quotes

For daily motivation and developing the investment thinking I gathered here my  favourite 10 investment quotes. Gladly share them with you! “Know what you own, and know why you own it.” – Peter Lynch “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.”  – Warren Buffett “October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” – Mark Twain. Wide diversification is only required when investors do not understand what they are doing.” – Warren Buffet. “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” – Paul Samuelson “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” – Warren Buffet “In investing, what is comfortable is rarely profitable.” – Robert Arnott “How many millionaires do you know who have …

carl jan

Wine as an Investment

Monday evening my friends and I went to Grappe wine Storage located at Grevgatan 5, Stockholm for wine tasting and a seminar called ”Wine as an Investment.” You probably already know about my passion to invest, so obviously I couldn’t miss out on this opportunity. Grappe wine storage is founded by Carl Jan Granqvist, the famous Swedish restaurateur, wine connoisseur and television personality. He explained to us the history of wine, taught us how to taste wine and most importantly talked about recent trends in the wine market. After wine testing, I and my friend – lawyer Casandra Christiansen, successfully kidnapped Carl Jan from the group and asked him some more questions about investing in wine. So here are great tips from the most famous Swedish wine expert Carl Jan Granqvist: Anna – So, I decided to invest in wine! How do I begin? Carl Jan –  Interest in wine First, whatever you do, you need to love what you invest in. If you invest in wine, you need to love wine. It should be …

money save

How to Begin Saving Money

I love investments and I consider myself lucky to find pleasure in it. It’s funny when my boyfriend Robin tries to make heads or tails of all the “financial stuff” I talk about. But at least I know he’s a good listener. The other day he asked me about investment opportunities and how to save to invest. Unfortunately, the  Millennial or Generation Y (Robin and I are contemporaries) framework of spending behaviour  leads us down a path of over consuming and spending money that didn’t exist. So, to spend less we need to change our life-style from consumers to…. something else. We need to change our routines and habits, and that’s the difficult part. The most over-consumed products for young professionals living in cities are clothing and restaurant food (Read more about other most popular spending accounts here). So, changing our life-style and spending habits means buying less of both. But, be prepared to feel a strong sense of emptiness. The power of spending is strong and when it disappears, desolation takes over. Get creative …

Start up

IN WAKE OF THE STOCKHOLM TECH FEST, PART II: Startups

(THIS IS THE SECOND PART. Read the first part here) Things weren’t that bad at Stockholm Tech Fest. We actually got to meet some very talented and creative people in the Tech industry….people who are changing the future….people who we chose to discuss here today. In fact, one of them won the Life as an Investment Award!   Detectify https://detectify.com/about Built in 2012 CEO Rickard Carlsson Who are they? Detectify audits your site’s security so that you can focus on web development. They were born from the simple concept that the internet is broken—and now today we have a full-blown SaaS application that has moved-on to become one of the most exciting new companies in web security. Why are you the hottest and the coolest start-up in the Stockholm Tech scene right now? Our competitors do not perform as well as you would expect.  We are a security company, and that means preserving confidentiality and integrity.  Our competitors cannot keep up with the ever-evolving web landscape. And beyond that, we can hack right through you. …

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Top 5 Swedish apps that help you save money

If you’re like me, a young professional making a decent income and living in Scandinavia, chances are you’re not as clever as you think; that is, with your finances. You’re probably hitting the nearest convenience store on your way to work and picking up a yummy latte, or heading out for lunch on occasion. In any case, you probably also consider the money left over from your salary as “savings.” The reality is that “savings” should be invested wisely and grow, grow, grow. Eating out and consuming lattes do not pay off. For instance, you would save roughly 7000 SEK per year (about 760 EUR) “if” you didn’t stop for that latte everyday. At ten percent annually, that 7000 can grow to 10,000 SEK in only five years. How many “obvious” saving methods can you accomplish? Let’s not kid ourselves, saving is hard work. Unless you’re an accountant, and love being one (who in their right mind would do this anyway? :-), you most likely hate spreadsheets. Imagine constantly hunting for a better price, or entering all your receipts onto a spreadsheet every month. Or, evaluating your budget goals every time you make a purchase. It can be time-consuming and frustrating. Investing, on the other hand, is another …

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How smart women invested in 2013?

In Sweden, declaration (tax returns) time has come again. Every citizen earning an income, recently received a large yellow form from a local taxation office reminding us to submit all sources of revenue, as well as expenditures. This year my income consisted of the usual source—my job and the firm that I own. However, there was a new entry included among my income sources—revenue from rising stock shares! The value of my portfolio rose 19% from last year. Smart girl! How smart women invested in 2013? “How smart women invest,” for me, was an interesting experience. Back in November of 2013, a friend of mine invited me to a seminar. It was more or less a breakfast meeting comprised of smart women, and Barbara Stewart, a researcher and portfolio manager from Canada, travelled here to Stockholm to share her financial insight and wisdom. The event was organized by NASDAQ OMX. Barbara, an elegant and charming woman, revealed to us information about what motivates smart women to invest, and how they make an investment decision. For her research, she talked to 100 …

April. It is all about money!

April. ‘It is all about money!’

Some of my readers claim that an investment blog should discuss more about actual money investments, and not only discuss the investment of assets like “time”, “lifestyle,” and “connections.” Let’s talk about “the real investments”- The process of investing money for profit. Red Alarm Bulb Some people say that happiness in life is not all about the destination – it’s more about the process. The same idea applies with “money investment” – you need to enjoy the process. If you’re not crazy about the idea of investing because of its association with “limitations” and “saving,” and the red alarm bulb consistently appears somewhere in your brain creating mild anxiety, then I would say it’s about time to learn where, how, and how much. This month I will tell you how to find and harness motivation, as well as save at least 10% of your monthly income, leaving you with a fabulous feeling!   The ugly truth The ugly truth is that I am not a disciplined investor. In fact, not at all.  I remember telling my …