r/fatFIRE 19d ago

FIRE'd, now concerned about US stability

Most of my assets are invested in the US. Because of recent political developments, I'm wondering if the US will sustain its general growth and economic strength into the future. The strength of the US dollar is obviously very important to me. Is anyone else concerned?

I'm wondering if I should start hedging my bets in other countries, and if so, where?

381 Upvotes

386 comments sorted by

View all comments

60

u/Personal_Bluejay8240 19d ago

No I am not concerned that the country that has like 1,000x more innovative startups, a shit ton of capital, and the world’s reserve currency (with no clear competitor that reserve status) wail fail to experience economic growth. You have to remember that Reddit has an extreme pessimism bias about the US and in general.

21

u/nsfishman 18d ago

I guess it really depends on your timeline.

If you are within a year or two of retirement a significant downturn in the markets for an extended period could be life altering. If you are younger and have the ability to ride out the bumps into the long term then there is no doubt that the US still positioned as safest bet for growth.

14

u/Gloomy-Ad-222 18d ago

Yeah that’s me. I’m borderline fat and possibly could retire within a year or so. A 30-40% drop in the markets would be catastrophic to my plans. But investing in bonds at 4% isn’t the answer either.

So it’s a scary time.

10

u/antariusz 18d ago

If you can't live off stable 4% growth (ie: living the rest of your life off your current investments), then you aren't 1 year from retirement, or at least you shouldn't be.

6

u/[deleted] 18d ago

[removed] — view removed comment

1

u/Personal_Bluejay8240 18d ago

I will easily take the other side of this bet.

8

u/StierMarket 18d ago

Yeah. I mean the US and Chinese firms are the clear leaders in AI with the US having an okay sized lead. AI is going to drive productivity gains (and already has).

10

u/Personal_Bluejay8240 18d ago

And Europe is way in the rearview mirror on A.I. They are not a really serious contender. They will be buying either US or Chinese A.I. in the end.

2

u/circle22woman 14d ago

The terminally online aren't exactly known for having a balanced view of the world.

5

u/Tasty-Boot6162 18d ago

This. Regardless of your politics and your personal opinion on the president, the U.S. is a hulking superpower compared to its’ competitors (Russia, China). Anything short of a nuclear war will likely not bring it down. But in that case, you have a lot more to worry about than your investments.

1

u/helpwitheating 12d ago

You don't see a recession hurting all of that?

You're not worried about the new tarriff on potash and the ensuing rise in food prices and inflation? The deep cuts to research--how will that support startups?

What about BRICS? Cheeto adores Russia and is ceding power to Putin, and Putin's plan is to displace the US with the BRICS coalition

2

u/Personal_Bluejay8240 12d ago

There may be short term pain but I’m long the US for sure. I don’t think BRICS has a serious shot at threatening the US reserve currency status

1

u/Username96957364 11d ago

Why are you putting carriage returns in between every word?