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Joined 2 years ago
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Cake day: July 26th, 2023

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  • My thought are that the US is alienating more and more countries everyday. And maybe other countries may become less willing to aid US persecution of it’s own people, and less afraid of US sanctions if the US is already making trading with the US pointless. So my thinking was maybe international investment companies might have some amount of insulation. But I don’t really know a lot about how the money works behind the scenes.



  • Actually I was thinking about this unrelated to the current market drop. It is fear based, but not based on the dropping market. Moving money now would certainly be terrible. I am thinking farther foreward and just wanting to know my options.

    While my family aren’t immigrants, we are not far below them on the list of targets for this administration. So the time may come when the gov goes after us and we feel we need to flee before the gov targets us specifically. I just don’t know if there is anything I can do to ensure I will have access to money if we feel we need to flee.

    In the case of investments it would be more like a transfer, then a pull out in my head. Maybe there are institutions I could move some of my investments to that would be out of reach of the US gov for example. I do have an after tax brokerage account for example. Not a ton in it, but unlike retirement money, it is probably free to move without penalty.






  • Modern_medicine_isnt@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    25 days ago

    Oddly, millionaires aren’t really the middle class. House’s in California routinely cost more than a million dollars. And a lot of people probably have a million dollars of retirement in one form or another. (Pensions have a value that very often tops a million). The middle class you are describing (athletes and pop stars) probably are more like 100 million or something. We just don’t have a good name for that.