Comment by footy
10 hours ago
> I moved all of my money out of the US the week following the election.
I did it a little more than a week following the election, but same. I even sold any ETFs with exposure to the US market I previously owned. People thought I was overreacting selling my VGRO, but the YTD returns for my ex-US portfolio are about 150% of what I could have expected with my old holdings and the peace of mind is priceless.
I've kept about 1/3 of my investments in a non-US index fund for years, basically as a hedge against some unforeseen event in the US (having 100% exposure to the economy that my job is in seemed suboptimal). In 2016, all that really changed was that the event was now foreseen -- my domestic investments still outperformed that portion until this year.
This year is the first time that fund outperformed the rest of my portfolio. Not massively, since I do have some holdings that benefited from the AI boom, but noticeably. Just adding 1 to n here. Thanks for reminding me to rebalance, and maybe find another non-AI-related hedge just in case.
better pull out of Asian and European markets too! the US isn't going to go down alone.
in fact, you should just put it all in gold and keep it under your pillow
great plan. Definitely comes from someone who read my comment and is well informed about both the world and my personal situation!
This, but unironically
in hindsight: very, very good investment advice :)