• NotJohnSmith@feddit.uk
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    8 hours ago

    I dumped all my us stocks as soon as Trump was getting warmed up, I won’t be going back for some years irrespective of perceived returns potential

    • SabinStargem@lemmy.today
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      2 hours ago

      I getting rid of my bonds and stocks, aside from a token $1,000. I will leave that in, since I hope hyperinflation to make that paltry amount reach the account’s cap within five years. No idea if that hyperinflated excess would actually be useful, but…well, who knows what is a good choice, if you can’t buy physical properties right now?

      The rest of my savings are being transmuted into Euros. I have no idea how to get gold at a fair price, and I am aligned with democracy, so I figure money affiliated with Europe would be a good choice for me. Partially in case if I need to flee the Trump Regime, but also because Europe has an protective ocean and many different countries to prevent an outright crash when economies start breaking. I will almost certainly lose buying power, but probably won’t get wiped out by America’s self-disassembly.

      • Whats_your_reasoning@lemmy.world
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        22 minutes ago

        Any advice on getting your money converted to Euros? I’ve been trying to figure that out, but online searches for information are complete garbage now.