Sloth Investor

Here I will share my financial journey

[Sloth Investor @SlothInvestorSe]

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[Sloth Investor @SlothInvestorSe]

@cgclementine @joecarlsonshow My thoughts are two. I won’t buy it and I won’t short it.

[Sloth Investor @SlothInvestorSe]

Interesting/sad results comparing me, @avanzabank users’ average, Sweden and US index for September and October.

How did you do?

[Sloth Investor @SlothInvestorSe]

Current allocation vs. target 👇

Next steps? It’ll be tougher to 10x from here, but the journey’s only getting more fun! 🚀

What’s your net worth breakdown? Share yours and your targets! #PersonalFinance #NetWorth #FinancialGoals

[Sloth Investor @SlothInvestorSe]

Just hit a big milestone — my net worth reached $500K! 💥

I started tracking back in 2019 with $50K, aiming to 10x every decade. Managed the first 10x in just 5 years. High income, a solid savings rate, and some good/lucky investments helped make it happen faster than expected.

[Sloth Investor @SlothInvestorSe]

What’s your opinion on the current state of the AI market and its risks? Also, what would happen to the economy if AI indexes dropped by more than 80%? and how far might it drag down the S&P 500?

[Sloth Investor @SlothInvestorSe]

This optimism turned to euphoria by 1929, ending in the Black Tuesday crash. The market dropped by about 89% from its peak in 1929 to its lowest point in 1932. The Great Depression followed, showing the dangers of speculation and the use of excessive leverage.

[Sloth Investor @SlothInvestorSe]

Bull markets are born in pessimism, grow in skepticism, mature in optimism, and die in euphoria. Looking at the current market, I wonder if we are in the optimistic stage or nearing the dangerous phase of euphoria.

[Sloth Investor @SlothInvestorSe]

**𝟏𝟗𝟐𝟗 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭 𝐁𝐮𝐛𝐛𝐥𝐞:** The 1920s saw a boom in factories and consumer spending, leading to a speculative frenzy in the stock market. The average P/E ratio of industrial companies shot up to around 32, well above historical norms.

[Sloth Investor @SlothInvestorSe]

With the AI bull market going strong every week and AI indexes gaining over 100% from the bottom of 2022, let’s compare the current run to previous speculative bubbles in history.

[Sloth Investor @SlothInvestorSe]

How about you? Do you follow your income and expenses? How deep? What have been the trends you have noticed? Would love to hear your thoughts and numbers. And feel free to ask any questions you may have so we can go deeper into numbers.

[Sloth Investor @SlothInvestorSe]

Year has reached its mid point which means time to go over the budget for the year.

Software engineer (M 38) living in Sweden with my wife, so numbers are in Swedish Kroner, which for easy calculation to $ or € just divide by 10.

[Sloth Investor @SlothInvestorSe]

We have a saving rate before tax also that includes pensions which is not included here. This only includes saving on day job salary and does not include side hustle or investment income which 100% will go to saving.