When I have a job and an income, a part of my spare time will be spent on stockmarket investments and also on shopping since I consider shopping as an investment.
My Personal Spare Time Interests and Activities. My hobbies are paid by me and no-one else.
'Take it or leave it' / Fixed price / Smashing markets
In Sweden and abroad.
If you want to buy a home, the smashing market applies.
If you want to buy a new build as a home, the fixed price market applies unless you build it yourself.
If you want to build a home yourself, negotiation market applies.
I will not buy a home or a new build abroad and I will not build a home myself anywhere.
If I of some reason decide to sell my current home, I will get a new home from the smashing market or a new build. I'm not interested in rentals.
Negotiation shopping markets are of no interest to me anywhere. I require pricetags when shopping.
I will not shop from a negotiation market anywhere.
Personal finance & Personal financing
If you dare to invest again and again, it should pay off over time. There is a learning curve, and it will cost you money, but it will generate valuable experiences.
If you want to buy a home, you have to pay for it somehow.
If you own your home, you have to pay for all reconstruction work and interiors somehow. A home falls into disrepair and needs to be renovated.
If you are not interested in tax financed businesses and subsidies, you have to keep yourself floating until the market is ready. The market reinvests over and over again, and you may have to float several times in your lifetime.
Banks and the stock market
I use only oline banks and stock market services, cell phone bank servives, online payment services, digital contracts and invoices online, digital signing of contracts and digital login services.
Credit cards for payment at stores and online.
I will not invest or support businesses with life timers. Businesses have to be able to survive even if they lose their staff or a loss have to be accepted.
Every investment and reinvestment create losses until they start to generate a profit no matter if you invest in yourself, your home, a business, on the stock market or in new opportunities.
I have invested my money in what interests me and what I want, and I will continue doing exactly that. Everyone else have to find their financing elsewhere.
I invest in myself and my future. Everyone else has to invest in their future.
Recessions
Recessions and how they affect people and businesses is an interest and a necessary hobby. If you understand them, it's possible to cope with them no matter what.
Businesses with no profit and people with no income reduce their spending in a recession. Businesses and people that want to survive on their own through a recession need to have a plan to survive on lower revenues/income.
The only ones you can ask to spend money are those with an income.
I have been through four tough ones and some minor ones.
- I went through a tough one as a child.
- the toughest one for me was in the 1990s when I had an empty bank account still at Uni with no student loans and I had spent all my savings on a small condo apartment in Stockholm. I learned how to survive on a budget and to keep a budget. I kick started by interest in the stock market when I entered Uni for the second time and my interest took me through recession, company reorganizations and risk assessment of the stock market as a mathematician and PhD student.
- the IT crash gave me another insight into recessions that still is useful today. The disappearance of jobs on the market and how it all turns again. I decided to stay out of unemployment fundings and have been ever since. The jobs that I want will not be available until everything turns and I don't want to be forced into jobs that I feel aren't right for me. The decision changed my investment strategies forever.
- the last one has established my knowledge of recessions on my terms and I'm well prepared for the coming ones in the future.
- I have been employed through the minor recessions and I have had an insight in how businesses cope with them.
- Recessions are interesting but they have to turn or everyone will get fed up with them. I find them fascinating in the beginning, but I get bored in the end when there is no change in anything. If you want change, you have to come up with it yourself. I've always tried new things and renovated my apartment in every recession I've had time but not necessarily loads of money.
If you believe in an ever-bright future after Uni, you are way off from reality.
Independent
I have never been in business with family, relatives or friends.
I have never bought anything from family, relatives or friends. I shop in stores.
I have never hired services of family, relatives or friends. I hire services from Swedish companies.
I have not got any of my jobs through family, relatives or friends. I have found them myself.
I have not got any of my apartmenst through family, relatives or friends. I have found and paid for them myself.
I have never moved back to live at my parents once I had moved out.
I don't appreciate gifts or things for free, I prefer to buy everything myself to my quality standards.
I have paid tax on everything except my tax-free imports of whisky, gin and perfume when I have traveled. I've always found perfume more interesting than alcohol. If I had plenty of alcohol at home, I'll drop the alcohol and buy perfume.
I'm not in need of any kind of security from family, relatives, friends or taxpayers. I would appreciate it if I could decide how to spend more of my taxes or reduce taxes. I have no intention of increasing my spendings on tax-funded services, they have always been low and they will stay low. I will not live/support myself on the taxpayers taxes. Taxes keep Sweden and the EU afloat, not the people or the companies, they just pay tax.
Business economy and personal finance are not the same thing and there is a lot to learn about personal financing in Sweden. Today I know what it takes to keep a business up and running and I also know what it takes to keep myself up and running in Sweden. To keep a business up afloat is easier even if they sometimes lack revenue, it's an equation of money -/+ time -/+ knowledge -/+ act when the result tells you to do so, the business is not responsible for the employees and their lifes. The reasons for starting a business may vary and they are sometimes interesting.
I have no need of a company of my own and I will not start one.
I will not need any help from family, relative or friends.
I have no reason to consider getting married or moving in with someone and I won't get into personal finance for married people or into family economy, they are not my areas of expertise. I will not take any advice from anyone with a family focus.
What I will consider is finding a new job as soon as we are out of recession.
Waste of money?
Being unemployed during a recession is not a bad thing, it can offer opportunities for those who are interested in learning something else. If you are interested in ordering custom designed items, it may be a good idea to do so during unemployment and recession as an employee and if your own a business during downs and recession. Depending on your interests, it might be a good idea to start planning for the next recession - it's up to you.
If you are interested in finance or in business, you have to learn to survive in two different playgrounds - in the lows and highs, i.e. in recession and in boom. The lows are far more interesting than the highs from a financial point of view, the highs are just a highway to the next recession.
As unemployed or as a business owner in a recession you have a choice to:
- invest in yourself
- invest in new life experiences, not everything can be learned at Uni
- invest in learning
- invest in your home/office/business/a business
- give birth
- move home/move business/move office/scale down business
- sell your home/close down your business
- accept any job or any contract
- live on someone else, if it's possible and it's acceptable to you
- what's acceptable to you, can only be determined by you
In a recession there won't be any money from anywhere and what you want to do you have to finance. Additional university studies can be financed with study loans, if you have not already wasted all of it. The unemployment fund may be available under certain terms, at least for a while.
Those who have money to spend in a recession are those who have a job. The Swedish state has an income from taxes, and they put part of it into new jobs. A large part of the jobs are for the Swedish state in a recession. There are also for a while a large number of jobs in new startups, they are looking for people with a very specific set of skills. A huge number of jobs are not available.
If you are looking for a certain type of job and employer, you may be unemployed until the recession is over. It can be something terrifying or an opportunity. Only you can decide what is right for you. I see it as an opportunity.
People and companies with no income pay very low tax and zero taxpayers are hated in Sweden. Instead of hating them, do everything in your power to change the economy so that they can earn an income and pay taxes. We will always have unemployed people and companies without income, their numbers fluctuate over time. There are people who can make a living even if their business lacks income. Lack of business income is no reason to close down a business, if someone wants them to pay taxes then make sure they get an income. There are many reasons why a business is kept going.
I've let go of everyone who lack business understanding - an independence-exclusive thing to do - my own Swedish glass ceiling that simplifies life. Getting there is one hell of a journey, and I judge people differently today. It doesn't matter if you are a royal, politician, religious, business owner or common man, you are all judged on the same grounds.
Wealth or luxury won't give you a Swedish glass ceiling, the only way to get one is to go for the exclusive with or without wealth/luxury/a business/connections and it's not for everyone. From my point of view, a ban on luxury consumption doesn't matter. A glass ceiling isn't a problem, it's about how you and everyone else relate to it and it's not for everyone. I've probably always had a partial one and all the forces on this planet have pushed me towards exclusiveness for a while, now I have my own glass ceiling - a complete structure.
I will never go completely into exclusivity with everything, I have no need to. If I had a need to fully step into exclusive, I would have kept my business going but I realized I don't need to and I shut it down. The glass ceiling is a good thing, and I will carefully consider which parts of exclusive to make mine. No forces can push me into something I don't want and if I step in, I step in on my terms. The business owners who think I should get my own business need to update their business model and they won't have me as a customer.
I decided in 2003 during recession to support myself through the recession and skip unemployment funds, I no longer found the terms to be acceptable. I will not return to the unemployment fundings or receive support from anyone when I am unemployed. It has resulted in me being one of the hated zero taxpayers when I'm unemployed for an extended period and I consider it OK to not pay tax when I have no income. It's up to those who want me to pay taxes to find me a job on my terms and do whatever it takes to get us out of the recession. I don't promote any changes in the terms for unemployment funds, I just want it to be acceptable to choose to support myself as unemployed. I have never been a 'we', I have always been an 'I' and a hated Swedish 'you'.
I have studies applied mathematics with a financial twist and not theoretical math, and it has paid off. I have made a living as a SW developer and not as a mathematician, math became a hobby. It wasn't possible to find long-term employment as a mathematician on my terms. I switched from a computer program to applied math at the end of the program and went in for more programming skills and advanced math. Guess what, I have used all available study loans there are in Sweden, and I paid it all off in 2003 - I didn't waste my Uni years on applied maths. I got into the stock market in my first Uni year. I sold a small-town apartment and put everything on the stock market, the profit opened up Stockholm's real estate market for me. I'm in the stock market on my terms and I could make more money there, but I've decided not to. I consider it important to invest on my terms based on my interests, and not on highest payout. I will never invest in anything that I dislike or don't want. I lend a part of my money to investors to invest in companies and I invest to spend the money later. All I earn is to spend on myself, my home and my interests. I don't want to spend too much time on the stock market hobby and I don't want to maximize my stock market profit, which gives me time for other things. I have tested more time-consuming options, and I have dropped those that didn't suit me. I have no interest in investing in profits that exceeds my spending plans, too much money invested without a spending plan will always profit someone else and at some point, the tax authorities.
I have successfully proven after a few tweaks that it is possible to make a living from your hobby if you so desire, it's up to you to determine your own terms of survival - job, hobby, company, mix it all or choose something else and don't forget everything can fail, add a fail strategy.
If you choose to make a living from your hobby, the tax from stock market profits will be lower than the tax on your employment. When and whether you need a business is up to you. Note, as a hobby survivor you will be hated due to low taxes and the independence fom your investments. It can be an option for people in the cultural sector, it will give freedom and independence, but it requires a stock market investment along with other skills.
My stock market investment strategy is based on my future plans and the fact that I have no children, no family, no relatives in my life or any parachutes. The stock market is the only security I have because I am not married, and all my parents and grandparents are dead. Your strategy should be based on your family situation, your future plans and your parashutes.
I do not invest in anything for friends, relatives or family and they have never invested in anything for me.
Bookkeeping and accounting is about how to pay taxes for an income and not about how to make money. Avoiding tax will not help anyone to make money. Today I understand why I find some countries uninteresting and why I always chose not to study economics. I ranked economics as a third option every time and I'm glad I did. I have studied bookkeeping, it's helpful but it will never be my profession. Knowing business bookkeeping and taxation is very helpful and it doesn't have to become a profession. I have always been interested in skills and educations that I have use of as a professional as well as in my personal life.
Finance, run and start businesses.
Financing, running and starting businesses isn't the same thing.
I have financed one company of my own - an art gallery. I financed, started, ran and closed it down.
I have co-financed several condominium associations. I bought an apartment and later sold it to buy another one somewhere else on several occasions. I have once co-financed and run a condominium association as a board member, not my current one.
I have started businesses for my employers twice without running or financing any of them. The first was two similar advertised jobs in different places and I applied for both, I didn't get the first one but I got the second one in a larger city. The second time I was asked whether I was interested in starting a business abroad for my employer and I almost turned them down, they were about to start two new businesses abroad on two continents based on 9 moths' temporary contracts with the task to find a local development manager to take over.
I got my first job at the age of 17 and I have been working and studying ever since.
I've been financing myself and I have been in charge of my life since I was 12 years old. I have been shoppipng for myself since the age of 12. If you buy things for your own money no one is entitled to have an opinion of them. You are entitled to have any opinion of gifts paid by someone else.
How do kids get money? There are several legal sources of income and not all of them suit all families and all children, asking parents, grandparents and relatives for money or contributions is not one of them.
I decided at the age of 6 that I would return to an apartment on a square in the inner city. I have lived in several city square apartments before this one.
Knowing what I want and don't want simplifies everything in life, even if it's not easy all the way. It's easy if it's respected by people and it's a useful way to get to know the people around you. All it takes is being able to say 'No' and stick to it when it's of great importance to you and when you're pushed in the wrong direction.
Politics has never been an option, politicians can't always stick to a "No" and have to accept other solutions. In business a 'No' is accepted, even if I have come across those who doesn't accept a person who sticks to a 'No' and it's not a problem - either you kick yourself out or you are kicked out, it's just about who wants to write the dismissal paper. If a 'No' isn't accepted in business on a matter that is important to me, it's not in my interest to write the dismissal paper - this is where the rock component becomes useful. If you are to use the rock component start with the small ones, not everyone is familiar with facing a rock. If you have another experienced rock opponent you can work it all out and agree on the issue, while others will kick you out faster than hell and that's ok.
I'm not interested in a great fortune or a business of my own. My interest in money is to give myself the life I want to live following the Swedish laws.
My economy
I do my annual tax declaration online.
Personal finance is an interest and a necessary hobby, so also business economics and international economics and how they affect companies and people in highs and lows.
Social rank, inhereted wealth or loads of money have never interested me on a personal level. All the people I have met over the years, I have no idea about their wealth or their social ranking, I am interested in other values.
How to build some own money has always been an interest that can be helpful when needed. Having some fuck-off money helps, it's a part of freedom. I don't need a business of my own, I need to understand how the economy affects businesses and myself.
I lend some of my money to the stockmarket and it's not a lifetime investment. I use the money from the stock market for renovations of my apartment, for living, to purchase of new interiors, my interests and to support myself during recessions and in unemployment. I have ruled out all other unemployment insurance funds – I want to decide for myself which jobs I accept, when to leave a job and I want to be free to do what I whatever I want to do during my unemployment. My approach for living has made people to declare me insane. I would declare those who don't spend the money they have on stockmarket as insane. My point of view is that money has to be put to work and the owner has to have a plan for their money, otherwise others will benefit from the investments. My approach gives me a guideline when to invest and when to not invest in me, my apartment or in something else - this includes personal, business, national and global economy and how they affect me, you and the businesses - I and you can try to help my/your interests or to remain a complete fool. What makes financial sense to some may be financially insane to others. I will not give financial advice to anyone, and I will not follow any financial advice given - I will listen to them and make my own decisions based on my current financial situation and what I want out of life. Since I have no children or family, I have to work out my own survival plan as I have chosen not to rely on the state or any church - I don't consider that as insane, and I can freely choose to use whatever tax deductions I want at any time.
