Investment Resource

24 Mar, 2026

You need to know how to invest your money. I never learned. Here’s a summary of some of the best resources I found to educate myself on the topic.

Most important lesson: The absolute best resource is by far the fact sheet (Faktablad) for each fund. Learn to read it.

My studies were biased toward European and Swedish market.

Fundamentals

Notes on fund selection:

Note: US development has outperformed world indices, and far beyond emerging markets. Long-term investment in emerging markets is questionable.

- Dividends from stocks inside the fund are reinvested automatically → those dividends then earn more dividends

- Companies also reinvest their own profits internally, growing stock value over time

- Example: US market returns ~10%/yr. ~2% is silent dividends, ~8% is price growth

- Price of one fund unit = Total fund assets ÷ Total units outstanding

- Moves because underlying stock prices move, not independently

- Calculated once per day for mutual funds; continuously for ETFs

- Dividends are reinvested, not paid out as cash

- You see no dividend events — just NAV slowly rising

- Tax advantage: no tax until you sell

- Buying → fund creates new units, buys more stocks

- Selling → fund destroys your units, sells stocks

- New investors don’t dilute you — assets and unit count grow proportionally

- New company added → all index funds must buy it → price spikes on announcement

- Already exploited by algorithms within milliseconds of announcement

- Effect has been shrinking over decades as everyone knows about it

- Short term: unpredictable

- Long term: S&P 500 has never had a negative 20-year rolling return

- 10,000 SEK at 10%/yr → 26k after 10 years, 175k after 30 years

- Not volatility

- Panic-selling during downturns → turns temporary loss into permanent one