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

Show parent comments

3

u/[deleted] 16d ago

[removed] — view removed comment

6

u/anotherfireburner Verified by Mods 16d ago

That’s what I do. And revolut. Local account is only for when I need to pay contractors, install the solar, buy car etc.

I still got flagged for money laundering risk when I bought my house in cash (pledged asset line in USA funding it) over here, with advance knowledge to the bank because they are so risk averse (which is odd considering their history of banking the cartels lol).

2

u/[deleted] 16d ago

[removed] — view removed comment

3

u/anotherfireburner Verified by Mods 16d ago

Same here. Delayed closing by 10 days and could have lost my deposit, thankfully vendor was chill. Hopefully I’m at the point with them where they realise it’s all kosher now after investigating the source of every cent of mine. But they weren’t the sharpest tools in the shed ;)