As one considers these various feelings related to Nokia’s rise, isn’t it good, on the other hand, that your portfolio doesn’t contain a stock that you’ve at some point determined to only be flatlining? You shouldn’t have any such stocks there! If such a stock then at some point surges due to news, in my opinion, it’s no shame that it’s not in your portfolio.
I, at least, wouldn’t be able to afford to keep fifty former giants in my portfolio waiting for a similar piece of news that might come someday. That (potential) return must be found by other means.
No matter which way Nokia’s stock goes today, the news headlines certainly won’t fail to convey that big movements are happening. It’s good that the success of Finnish companies is celebrated, but there’s occasionally a bit of a frenzy, and when we talk about frenzy, sometimes realities are forgotten. But it’s good to have a positive vibe. Perhaps the best frenzy around defense industry stocks has passed, and now, with Nokia, the AI frenzy is back on top. I myself am waiting for a frenzy around Finnish pharmaceutical companies, because something good might be coming from there. One could get a piece of that too. But an interesting day is coming to the stock market overall, and that’s always a nice thing amidst the autumn grayness!
In honor of this, I’m buying a small slice of Inderes shares today. By the way, we are already among the top 50 owners through our company. Just like with Nokia, I see Inderes’ future as bright.
Oh damn, now I have to add the statement again: “this is not an investment recommendation”.
In the future, you can get bonuses as cash if you want:
A citizen just wonders why S-bonuses are not taxed, and when our wise decision-makers will figure out to start taxing them. That accumulation is easily over a thousand euros a year from an ordinary family’s grocery purchases.
Finnish small-time retail investors got to show off their investments in the form of Nokia for a moment yesterday, but today it seems to be back to the traditional everyday life of the Helsinki Stock Exchange