Are you just holding that in cash now? That’s gonna devalue even faster. Get that shit diversified in world markets - you’ll at worst lose money more slowly.
Point is that you and I are both making assumptions. I assume no safe harbor. You assume ex-US is going to fare better. You fail to see that you may be wrong. Historically, you’re wrong.
Are you just holding that in cash now? That’s gonna devalue even faster. Get that shit diversified in world markets - you’ll at worst lose money more slowly.
You’re kidding yourself if you think there’s safe harbor other than buying when everyone else sells.
Or, don’t take it from me, watch what Warren Buffet does.
Consider it this way: you are now wholly invested in USD on the forex market.
And you’d rather invest in what?
Go back and read my first comment, or we’re just gonna go around in circles.
Point is that you and I are both making assumptions. I assume no safe harbor. You assume ex-US is going to fare better. You fail to see that you may be wrong. Historically, you’re wrong.
I’m not claiming it’s a safe harbor, just that it’s observably tanking less quickly than the US due to the obvious buffer.
If you were truly assuming “no safe harbor,” would you be holding devaluing currency?