Again, some company’s marketing department has been let out of its cage without adult supervision. Such cultivation of hyper-terms in the marketing of completely unrelated products mainly causes vicarious embarrassment and an interest in looking at another vendor’s product if there are alternatives.
I’m excitedly waiting for when, instead of AI-optimized products, we’ll get Quantum Computing-optimized stuff… 
But note, only for British AI, because optimised 
not optimized 
It’s worth being careful when optimizing your AI optimization purchases 
Isn’t car insurance voluntary there, and that’s why it’s only worth taking for high-risk cases, meaning only those who have many accidents take it, and that’s why it’s expensive.
It’s a bit like legal expense insurance in Finland; the basic compensation level is €10,000 and it costs €20/year with home insurance, and only a very small portion of policyholders utilize it. But if you want to raise the compensation level of legal expense insurance to €50,000, it costs €300/year, because only someone who quite certainly expects to be subject to legal action takes the increase, and that is factored into the price of the increase.
Mandatory car insurance in Finland is held by everyone, including the safest drivers, which significantly lowers the average price. Accidents are heavily concentrated among certain individuals, age groups, and genders who should have a multi-fold insurance price; of course, the bonus system compensates for this, but not cost-effectively.
However, they are largely personal choices, not automatic ones. You can get a cheaper apartment further away, and healthcare usually comes from the employer. Can childcare really be that expensive when cheap ‘Mexican grandma’ labor is available? Of course, everything costs a fortune in the center of a big city, but that’s a choice.
Generally, in all countries, a kind of middle-class “norm” forms, and in the USA, it’s high, but that doesn’t mean that those just below it are somehow particularly poor. In the USA, the norm is an upper-middle-class car; in Finland, it’s a lower-middle-class Skoda Octavia or Corolla. A Corolla or Octavia is just as good or bad there as it is here, but there it’s classified as a poor person’s car because the norm is much higher. Even McDonald’s employees there have a car (Passat, Camry, Rav-4 class) that here an upper-middle management employee would have if they pay for their own car, not leasing.
For example, my wife realized during a coffee break when colleagues said they had visited Paris and London; a couple of trips abroad a year has become a middle-class ‘norm’ in Finland. My wife was clearly bothered that we don’t meet that norm, as I’m no longer interested in traveling after getting enough of it during my career. So, she was clearly not interested in the destinations themselves, only that since others go, we should too. Such things artificially raise the cost level; “for many, expenses are enormous in the USA” just because of that equivalent thing.
In the tweet below, Macro-Alf points out that while the Fed’s policy rate is high (4.33%) but is expected to fall to about 3.1% in the future, investors do not get a very good additional return from long-term government bonds. The interest rate difference between these and short-term bonds is small, so it’s not really sensible to take a risk on them.
So, long-term rates are not very attractive now, but they could rise if inflation starts to be feared more, which would then steepen the yield curve.
On the other hand, when you look at the SP500 E/P, you don’t really get that return from there either,
Even in the US, people drive old cars, just like here in the far north.
However, those cars are probably a couple of levels better, but in the end, probably relatively similar in monetary terms. Americans respond to inflation with their wallets just like Finns, meaning the average age of passenger cars has increased by 3 years in the last ten years, and the average age is now 14.5 years.
Average passenger car age now 14.5 years, nearly 13 years overall | Repairer Driven News https://share.google/fQNN2LtQt9Ml8EhSv
Good morning everyone!
I happened to look at my technical charts yesterday and found three holdings knocking on the trendline: Noho, Olvi, and Terveystalo.
Now I should probably add more. What are we buying today?
Terveystalo is in the portfolio.
Olvi would also be interesting, but the Belarus business makes me wonder 
That’s how it is 
Because I have magically become a wiser man this year regarding investing, I have learned that you get things cheaper when there are question marks and doubts in the air. And that’s when you should dare and be carefree as long as the company and product are fundamentally sound.
Nothing guarantees that the doubts will disappear in a short time and the price will turn soon, and that’s when patience is tested. It’s most pleasant if you find a stock that mostly “crawls” and doesn’t fall further amidst the question marks.
My scale is tipping towards adding NOHO. The stock is so strongly reactive to quarters despite good fundamental performance, but most likely I will stay on the sidelines for a moment to think if it might drop a little more.
Nordnet’s return figures are acting up again. It shows zero, and for some companies’ owners, it shows 1 owner 
Hypothetical question about the current market situation and how people would behave in it
You unexpectedly receive a large sum of money through an inheritance, winning a lottery, etc. Let’s say your assets grow by 100%. So, if the total value of all your holdings (stocks, funds, and cash reserves combined) is now €100k, you suddenly have another €100k in liquid cash on top of that.
The question is, over what timeframe would you diversify the investment of this 100% increase in the current market situation?
With longer diversification, the money sits unproductive in your account for longer, but there’s a chance that if a bigger downturn comes soon, e.g., due to the Orange Man’s ramblings, you could then invest more aggressively with a slightly bigger ‘bazooka’.
Edit:
Let’s also consider cases of €30k and €300k in addition to €100k. So, in any case, your assets grow by 100% from the original, the difference being in the value of the original holdings. This will also surely affect many people’s thoughts on the diversification timeline. For example, if your initial capital is €10k, it’s unlikely that the additional 100% should be diversified over as long a period as if your initial capital were €1m, even though the percentage change in assets is the same.
I would personally diversify it over at least 3 years, in equal monthly installments. I would keep the funds in an interest-bearing account in the meantime.
A standard question that has been answered on the forum at least a hundred times, e.g., in the ETF and fund thread.
Just a random side note, is Finland broken in almost every aspect or am I just having such bad luck? The postal service can’t deliver anything anymore and I’ve lost even expensive packages (I usually prefer Matkahuolto), doctors can’t do anything if the ailment is even slightly unusual, 7-month wait for the dentist, people are broke and you can’t trust almost anyone when trading, 1/3 are scammers even on reliable hobby forums nowadays. Somehow it just feels like a downward spiral and we seem to be slowly reaching the level of some Lithuania. I don’
I certainly don’t subscribe to any of your claims. The postal service has worked quite well (as long as the sender knows how to put the necessary information on the package); from a doctor, both public and private, one can get quite sufficient and relatively fast treatment; the dentist queue is long, but you can get to emergency care immediately and to a private one in a week; when trading, you can spot scammers from a mile away. None of these really depend on the taxes I pay, so I can’t connect this to my willingness to pay taxes.
I would put the question this way: is it fashionable on investment forums nowadays to sow distrust towards our society? Your opinions do not, in fact, represent the broader public.
I had to queue for 13 hours at the health center’s emergency room, sitting there. When I went to sit at 8 AM, at 2 PM they told me that the day’s appointments were full and told me to leave and come back the next morning to queue again, starting the queue from scratch. Then, around 2 PM on the second day, I got to see a doctor, but the examinations were scheduled months later. Of course, first of all, I had to get through the phone buffer, which you have to call before going to the health center. I had to justify for 15 minutes, and even exaggerate the severity of the ailment, for the nurse on the other end of the line to reluctantly give permission to come to the health center to queue. At the doctor’s appointment, it was obvious that the ailment required further examinations and treatment. I suspect that many who are not very determined and cannot exaggerate their ailments will not even get through the phone wall.
When letter delivery switched to three times a week, the average delivery time for a letter increased to one week, meaning half of the letters travel for longer than one week.
Also, for the weekend, here are my thoughts on Nalle’s new book: Sijoituskirjallisuus - #512 käyttäjältä Sauli_Vilen 
For us to know if there was wrongdoing and unreasonableness here, it would require you to disclose the symptoms and findings of your ailment, as well as any previously made visits and examinations.
Fundamentally, it is rare for an ailment requiring emergency care not to receive emergency care. For non-emergency ailments, waiting lists can indeed be frustratingly long, the reason for which is the under-resourcing of primary healthcare.
A similar strong experience and feeling. Finland is broken. The house clearly lacks a master.
