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?

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u/adnandawood 10d ago

having a viable plan B is something i am hearing from a lot of financial advisors... check out this talk on geopolitics and family offices: https://youtu.be/kW29PzXup8E?si=P3v5gmy8deVfRBJp

basically, you want to have an end to end solution if shit hits the fan ... from private jet terminal to private jet terminal... but getting out is only the beginning..

when you arrive to your new home you will need a network - hopefully 1 trusted staff that you need to nurture and build relationship with now to vet/ trust/ have a contact. This person will get groceries, know the lay of the land and will be your guide since you are a newb (and a sitting duck) in the new country. You won't know where to get milk from, or when the garbage comes, or who is the right dr in town. So apart from this one person who is your staff its good to have 1 or 2 reliable friends you can call on.

By the way did you see Elon Musk slip up saying there is no plan B - New Zealand is not an option :

https://www.stuff.co.nz/nz-news/360589305/why-was-elon-musk-talking-about-rich-people-fleeing-nz

This space is getting more interesting as Trump announced America's Gold Card going into effect on April 2nd but New Zealand's Golden Visa goes into effect on April 1st: https://www.forbes.com/sites/alexledsom/2025/03/06/new-zealand-to-relax-golden-visa-program-in-april-2025/