Invest 10-15% of salary Woman +1.78 years Man +2.36 years

• Understand what you’re buying - don’t buy weird startup companies that don’t generate revenue and lose money. Nor companies based on a tip from an acquaintance. Never buy financial investments that someone is selling you. Most advisors are just salespeople in disguise. Your money - your responsibility.

• Don’t try to time the market; no one can do it in the long run. Buffett: I don’t know when I will buy stocks—just that I’m going to buy stocks.

• Save regularly. Buy a little each month, and you’ll be happy when investments go up and when you buy cheaper if they go down.

• Never borrow to buy shares - if the stock market falls sharply, the bank will reclaim the deposit, which may force you to sell the shares at
the bottom instead of riding out the storm.

• Reduce risk by investing regularly in several different (+10) stocks, industries, and markets. A world index gives maximum risk spreading.

Lennart Israelsson (1916-2017) was known as the stock stint and lived to be 101 years old. He was an SJ employee for 40 years with a regular salary that started at SEK 180 in 1940. With his regular salary, he managed to build up a 150-million-dollar portfolio, which was donated to charity. Lennart’s simple strategy was to “buy low-valued stocks and then not sell them” and “sit still in the boat when things rock.”

Like Buffett, Lennart said that “the price is what you pay and the value is what you get” and “buy when no one dares to own shares and sell when everyone thinks it is risk-free.” Buffett: “Buy when everyone is afraid and sell when everyone is greedy.”

Goals are dreams with a deadline. Set a time frame for when goals and milestones must be met. A study from Yale showed that the 3% of the graduating class who had specific goals with a written plan to accomplish them - twenty years later were happier and more enthusiastic about life. The 3% of students had also earned more than the other 97% combined.

Bill’s father asked Warren Buffett and Bill Gates to write down the word that meant the most to their success and put it in an envelope. When the envelope was opened, they had written the same word – focus.

In my non-profit project Inspiring People, I have interviewed investors, managers of listed companies, bankers, entrepreneurs, and billionaires such as Torsten Jansson, Salvatore Grimaldi, and ex-billionaire Johan Hansen, who lost everything. 350 interviews gave me insight into never choosing a profession for the money - choose the profession you love so much, which is so stimulating, fun, and essential that you can imagine doing it for free.

Choose the profession you enjoy and work passionately, and you will become the best you can be. Your goal is to win the SM as a florist, take over the flower shop you were employed in, open new flower shops, and hire more florists. The important thing is that you have fun, do good, and enjoy yourself. When you feel good, you perform well and improve the world.

When you have found your dream job, find your dream workplace if you do not want to start your own business. You deserve an employer who sees and appreciates your efforts. Don’t settle for vacant jobs - search for your dream workplace and invite the manager to lunch. It shows valuable initiative. Offer to work for them for free for a month and make yourself indispensable.

Look for work when it is easier to get a job if you already have one. If you do not get a permanent job with your dream employer, you will gain valuable experience before starting your own or your next dream job. Buffett said to learn from mistakes - but they don’t have to be your own.

When your focus meets your passion, you gain leverage. Your abilities will multiply when you focus on what you love and are driven by. How do you find your passion? It’s just like with food - if you’ve only eaten hamburgers all your life, it’s hard to know you have a passion for shrimp. So try, test, and be curious.

In people’s jobs, many seem to settle for less – 74% of the US dislikes their job. Then, it isn’t easy to become the best at and succeed in what you do.

An example is an 18-year-old starting from zero with no savings. Starts working as a florist (or confectioner, hairdresser, driver, carpenter, etc.), saves long-term, regularly, and gets the historical average return of 8% per year with the interest-on-interest effect over time. The difference in the examples is if you increase your savings once a year (thanks to a salary increase, managerial position, or starting new flower shops).

Example 1: Save 3,500/month
Save for 50 years to age 68:
A total of SEK 2,100,000 saved
Total value SEK 24,969,675
Since 0 savings, 8% return for 32 years.
Value at age 100: SEK 293,071,147

Example 2: Save 3,500/month.
Increase by 5% per year
Save for 50 years to age 68:
A total of SEK 8,792,615 saved
Total value SEK 51,401,580
Since 0 savings, 8% return for 32 years.
Value at age 100: SEK 603,304,610

Example 3: Save 3,500/month.
Increase by 7.6% per year
Save for 50 years to age 68:
A total of SEK 20,977,627 saved
Total value SEK 86,407,222
Since 0 savings, 8% return for 32 years:
Value at age 100: SEK 1,014,168,736

The more you invest in diet, exercise, and lifestyle to live longer, the more the savings grow explosively with interest-on-interest. With continuous saving, you quickly reach the top income percentile and become financially independent. You can consider buying a safe electric car that protects your family and the environment. Traffic accidents cause 1.3 million deaths worldwide per year.

As financially independent, you can live in a safe place with an excellent living environment, schools, entertainment, and nature. Outdoor and household air pollution causes 6.7 million deaths globally annually. 99% of the world’s people in 2019 lived in places where WHO air quality guidelines were not met.

Build a solid financial fortress with a moat that gives your family lifelong security and enables you to save the lives of others through charity, creating peace of mind and peace of mind. This means you can spend time on family, friends, diet, and exercise and avoid working extra.

Tip: What would you start if you knew you couldn’t fail? I have no training as a clothing designer or a goldsmith, but I followed my dreams and started a clothing brand where each garment was numbered, signed, and carried a sterling silver sword.

It became an adventure and the origin of my founding the jewelry brand DANIEL SWORD (which had every challenge a start-up can have). My wife Anna created handmade silver jewelry. We photographed the jewelry on the beach with wooden stands made of birch from the Bjäre Peninsula, which had the logo stamped. The slogan became Scandinavian Inspirational Jewelry.

Each piece of jewelry has a sentence, quote, or saying. We distilled the words from the hundreds of gift books we wrote about motivation, friendship, happiness, and love to fit on the bracelets.

They have now been sold in 700 goldsmith shops, museums, spas, etc, in 10 countries such as the USA, Iceland, Germany, Norway, Finland, and Greenland. The goal was jewelry that inspires one to believe in oneself and live an active life close to nature. What do you dream of starting, and what is holding you back? Other people’s experiences are the cheapest you can get.