Move it to precious metals or assets that historically average flatter value through crashes. The dollar is highly volatile in economic crisis.
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inclementimmigrant@lemmy.world 3 weeks ago
Maybe time to move retirement accounts into cash.
Jyek@sh.itjust.works 3 weeks ago
bridgeenjoyer@sh.itjust.works 3 weeks ago
I’d do this but its probably the wrong move. I tend to go with the steam method: do nothing while everyone else scrambles, profit.
Griffus@lemmy.zip 3 weeks ago
Or invest in non-US to keep them safe. Like Norwegian funds while the orange is oranging to gain on the oil price boom, and then spread out to European and emerging markets when he has his first public stroke in a few months.
Skankhunt420@sh.itjust.works 3 weeks ago
I’d be shocked if any other country let’s Americans use their banks and markets but I mean I guess its possible I know there’s forex and stuff like that.
I’ve always heard no one wants Americans to open bank accounts if they aren’t living there
Griffus@lemmy.zip 3 weeks ago
You have to be able to invest in stocks or funds outside US from a US trader? Even though I’ve sold most of my US assets, I still own some US stocks through my Scandinavian bank.
Krauerking@lemy.lol 3 weeks ago
Meh, I’m poor and have no assets at all. Guess I just die.
Scrollone@feddit.it 3 weeks ago
Cash will lose value just exactly as the money in your account.