this post was submitted on 03 Feb 2026
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Swedes are selling off their American funds and shares and are buying European/Swedish instead (blogg.avanza.se)
submitted 1 day ago by DreasNil@feddit.nu to c/buyeuropean@feddit.uk
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Avanza is one of the largest banks in Sweden, and in their monthly blogg, they're noticing a big movement where Swedes are selling their American funds and shares, to buy Swedish/European instead.

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[โ€“] DreasNil@feddit.nu 6 points 21 hours ago (3 children)

I started doing this for purely moral reasons roughly a year ago, knowing that it was most likely not the best economical decision for my investments. But now I'm starting to believe that you could be right.

[โ€“] NotJohnSmith@feddit.uk 1 points 19 minutes ago

I took about โ‚ฌ1m out of US stocks around the same time. It's cost me but I sleep OK

[โ€“] SaveTheTuaHawk@lemmy.ca 4 points 19 hours ago* (last edited 19 hours ago)

As a corollary, all these new deals working away from the US are waters lifting all boats, while the isolationist US sinks. Trump may be the best thing to happen to the world economy in a hundred years, at the expense of the US economy.

[โ€“] boonhet@sopuli.xyz 1 points 17 hours ago* (last edited 17 hours ago)

A year ago I moved my pension from a combination index fund consisting of mostly US company ran index funds to a different combination index fund that consists of mostly European ran index funds (and had a slightly less American stocks in it). Complex pension system, most index pension funds ran by our banks here consist of 5-6 different index ETFs. It's a special category of fund that you invest into automatically each month from your taxes, and the government also contributes too. This is deducted from your taxable income and you pay reduced income tax on it when you retire (or maybe it was no income tax, I forgot)

Now I moved out of the bank-composed index fund altogether and in the month of May (you can only move funds 3 times a year on predefined dates and have to plan it well in advance), the existing monies will be reinvested in a selection of ETFs I selected to specifically have no US stocks. As for fund managers, I have a tiny bit in one iShares fund and one WisdomTree one because they were a bit unique (the WisdomTree one is Europe defense industry), but the rest is all Amundi, which is French. Any new deposits are already going into my selected ETFs.

If Trump truly fucks up the US economy and the US dollar, my retirement fund should be fairly safe after this move is complete. Unless Europe and Asia also crash and burn. But I have a few decades left to build more value anyway, I'm 30 and won't be able to retire until at least 65 (the retirement age was set to rise gradually so the later you were born, the older you'll have to be to retire, yaaaay)