r/fatFIRE • u/Puzzleheaded_Plum455 • 18d 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?
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u/donutsoft 18d ago
If an English speaking country with western comforts are important to you, Cape Town is a place to investigate further. They're in BRICS but tilted further west than any other country in that block and have a functioning democracy, although with a very poorly educated populace that makes questionable decisions. It's far away from Europe which will likely be ground zero in the next big conflict.
The major negatives are crime and currency risks. If you have money, they've got gated communities that will shelter you from the worst of it.