(edit title) Feasible Financial Planner in Gothenburg Buying a Mutual Fund Options

[icedearth]

Hey guys!

Can you please recommend a feasible financial planner in Gothenburg?

Also, anybody knows where and how ( the procedure) of buying a Mutual Fund in Sweden?

Thanks a bunch...

[Darwinder]

Wow, this is a really loaded question here my man without giving a lot more info. Your bank has many planners available to guide you but everything will also be on your banks website.

As for mutual funds, what are your goals? When are you going to be saving until? What kind of risk are you willing to take on?

The mutual fund market is pretty bad place to be right now for anything except super long term savings (20 years plus) and depending on how much money you have there are much better strategies to get a good bang for your buck right now.

Honestly in life, the best financial planner you can find with a bit of work is yourself. There are tons of great books out there, and the one I always suggest (you can find it on ebay) is called "The Wealthy Barber". Its made for Canadians but has a lot of feasibility for Sweden, it will get you on the right track.

Best of luck.

[icedearth]

I have not checked the bank websites thoroughly. Last time I checked there was basic banking information in English only. But I will check again.

Exactly, I am looking 20 years from now for the Mutual Funds. But meanwhile I will buy Penny Stocks to sell high and buy low.

I know this book. It is quite popular in North America. Here's a good title " Start Late, Finish Rich" , and " The Automated Millionaire" by David Bach. It is easy to implement, and it has smart tips and tricks to help the individual save and invest.

Yes def you are right. The best financial planner for me is myself. However, I would like to talk to a financial planner to tell me the in and outs of the personal finance in Sweden. Such as pension in Sweden, Mortgages, Taxes. What is the best option for retirement, what is the best investments for children (In Canada they have education funds) but it is not doable in Sweden.

I was looking for a Personal Finance magazine tailored to the Swedish market but I was not able to find. Thanks for the tips , I think the best thing is to walk in to the bank and speak to an adviser. best of luck!

[icedearth]

Here is the site of David Bach. http://www.finishrich.com.

I plan to get an annual return of 10 % for the next 20 years. 10 percent is the average annual returns.