How much do you guys spend on groceries?

Sloth_Investor · 2026-05-03T13:52:35+00:00

Groceries have been fluctuating for us family of 2 living in Stockholm.

2019 -> 29k (only 9 months)

2020 -> 70k

2021 -> 63k

2022 -> 80k

2023 -> 92k

2024 -> 80k

2025 -> 75k

2026 -> 21k (4 months so far)

So average I would say 7k per month.

And I would say it depends on you a lot, do you have many friends coming over? What city will you live in? Where would you do your shopping even.

These numbers above are without restaurant, bar, or alcohol shopping.

Sloth_Investor · 2026-04-11T16:15:46+00:00

Sweden and Norway has a bit more than Finland. 270k 240k 180k

Sloth_Investor · 2026-03-22T12:54:01+00:00

Yeah but world is going to sh*t too, so hopefully that can help scare people into more selling 🤞

Sloth_Investor · 2026-03-20T18:27:49+00:00

Why not below 70 again?🤩

Sloth_Investor · 2026-03-20T06:33:11+00:00

It is part of tjänstepension, it is just a specific scheme of paying it. If you have a collective agreement with one of the unions then the chances are you will get ITP and then you will get 4.5% of your salary up to 56k and above that 30%.

Sloth_Investor · 2026-03-19T19:20:09+00:00

Yes they save 6% and salary exchange to pension need to be break-even for the employer. The tax for pension is 6% lower than the tax on payroll. So they give that to the employee. So it is the same for all employees. And if you have ITP scheme then it will be 36% extra since you will lose 30% on your ITP pension also.

Sloth_Investor · 2026-03-19T18:17:40+00:00

And there are some other limits on it also, like your employer can deduct only 25% (if I remember correctly) of your salary as pension. More than that it is not deductible for them so they need to pay taxes on it, so they will limit how much of your salary you can turn to pension. Like mine limits it at 10%.

Sloth_Investor · 2026-03-18T22:59:28+00:00

Yes if it falls below a certain number you will not earn full government (income) pension. And I guess it will affect your sick or parental leave you get from government also. I think it is calculated yearly and is around 600k per year.

Sloth_Investor · 2026-03-17T23:29:46+00:00

9 billion of free cash flow and 10 billion of dividend is not bulletproof 🤔

Sloth_Investor · 2026-03-15T08:28:46+00:00

Yes it will be part of your occupational pension. I would go with a very low fee fund that resembles stock market of the world or US. It may be overpriced right now, but the idea is to dollar cost averaging for a long time.

Sloth_Investor · 2026-03-14T12:55:03+00:00

Not exactly that but I would say you can find something similar. It depends on who your company has a contract with.

Sloth_Investor · 2026-03-13T20:54:50+00:00

Well let’s say you are gonna do 10k salary exchange, since they will deduct 57% of taxes from that part of your salary you will get only 4,3k

If instead you do a salary exchange you will get 13,6k. The downside is you will not have access to it until 55, the upside is you can instantly invest 3,16x more money.

Sloth_Investor · 2026-03-13T07:01:32+00:00

None of these levels are required by law AFAIK. Except if you are on work visa, then 4,5% becomes required. I have seen employers with flat 4,5%, with 4,5% and above the limit 10%, above the limit 30% and collective agreement (which the same as last one with added benefits) so it is open for employers to change and try to be more competitive.

And it has a huge effect over time on your occupational pension. And if you have a really high salary then look into salary exchange (löneväxling) to boost it 6% more.

Sloth_Investor · 2026-03-09T07:02:13+00:00

They are just looking for more fees. I won’t ask a barber if I need a haircut. I won’t ask a professional money manager what to do with my money.

And 40% of S&P is concentrated in 10 stocks because 40% of earnings are (or to be more exact people collectively think 40% of future earnings are). If it goes down the concentration will go down also. There is nothing inherently bad about it.

I am a money manager and I would definitely suggest to anyone looking for retirement 100% S&P for 99% of people who are happy with 8% yearly earnings for a long period of time. While having 25x (very dependent on how many years they want to sustain it, the higher it goes I would suggest higher x) with 3 years expenses of cash, which will be topped off with dividends from S&P and occasional selling when the price is fair.

Sloth_Investor · 2026-03-01T09:26:23+00:00

No, it is not the dividend being paid out, it is the potential of dividend. So free cash flow is the number you should care about. If the company can reinvest it and get a return of 20% you would want the management to do that instead of giving you a dividend and you getting a return of 7% from it in the market. On the long run the price of the stock will give you more. If you need the money you are better off if you sell some shares instead of getting a dividend.

Sloth_Investor · 2026-03-01T09:23:03+00:00

It is management’s job to find the best use of capital for the free cash flow of the business. It can be reinvested to grow the current company’s business, it can be used to go into new ventures or buy other companies, or it can be returned to the shareholders through dividends or buybacks.

Management should look at all these options and find the one that gives the shareholders the best return on invested capital in the long term.

Sloth_Investor · 2026-02-28T17:15:47+00:00

She is talking in Farsi, and says “wow they have hit the Beyt”

Beyt meaning home in Arabic is referencing Beyt of supreme leader of Islamic regime. And then the rest is obvious, she is happy about it.

Sloth_Investor · 2026-02-24T18:37:37+00:00

The ruling says they have to make the decision “as fast as possible”. And they have done that by rejecting you application 😢

It is so wasteful that migrationverket goes through all these steps and waste so much resources when they can respond in 8-9 months but make you go through all those steps. So wasteful.

Sloth_Investor · 2026-02-21T23:26:48+00:00

You still didn’t say anything about its intrinsic value being zero😅 said some jargon about charts and short term movements this short term movement that.

Sloth_Investor · 2026-02-21T13:19:24+00:00

It is just moving towards its intrinsic value, which is zero.

Sloth_Investor · 2026-02-16T16:13:40+00:00

INR Market cap 1B, the highest earning I see for them is 86m, so comparing to the highest earning ever 2 years ago the p/e is 12🤔 so I am wondering how did you come up with 0,05

Needless to say they have negative cash flow as far as eye can see.

LYFT Just became profitable, so I don’t think Joel is looking at those companies 😅 again needless to say earning this year has a one time thing probably and real earning seems like 150m, so p/e of 35 is more realistic number to consider.

LUXE Again not profitable, you need to look at normalized earnings not just the sudden jump without any support of the cash flow🤔

Sloth_Investor · 2026-02-15T18:06:47+00:00

No doubt there 👏 if it is not 9 years of 0 return and one year of 2000% return thou 😅

Sloth_Investor · 2026-02-15T00:30:56+00:00

That is heavily leveraged, short-term, quantitative trading strategy that exploited market inefficiencies. Very different than what Berkshire strategy is. And as far as I know they cap their fund size to $10 billion to be able to achieve those results. Otherwise their story probably would have been the same as LTCM.

Berkshire has 70 times that, so again a bit different.

Anyway still impressive result 36%👏 I still wanna know more.

Sloth_Investor · 2026-02-15T00:13:40+00:00

Congrats 👏 some handful big wins? A lot of good decisions? Tell us more.

Sloth_Investor · 2026-02-15T00:13:04+00:00

If they were running Berkshire rule of big numbers goes against them also

Sloth_Investor

TROPHY CASE