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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: tedthedog   😊 😞
Number: of 343 
Subject: Re: OT, out
Date: 03/17/25 12:18 PM
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No. of Recommendations: 5
That's a bold move, would you be willing to share what brokerage you decided to use?

I've been exploring hedging my defenses. I thought I was in a good defensive position by being 50% in T-bills (actually in funds SNVXX and SGUXX), but have recently been thinking about the need to hedge my defense.

To hedge my defensive position, I've been considering buying OTM calls on IGOV and BWX, which are unhedged ex-U.S. sovereign bonds funds of relatively short duration.

Why ex-U.S.? Because in the scenario I'm concerned about, T-bills wouldn't be considered a safe harbor so there'd probably be a flight to ex-U.S. sovereign funds, increasing their price.
Why unhedged? Because in the scenario I'm concerned about, the dollar would drop and unhedged ex-US funds would rise relative to the dollar.
Two possibilities for upside.

And/or might buy some disaster puts on something like BIL to offset declines in the funds I'm curently in.
I could change my present fund investments in SNVXX and SGUXX to direct T-bill investments, but am not sure I want to hold T-bill during a U.S. default.


However, I am still just musing about options. Other thoughts would be welcome.
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This community has written 340 posts about Living Abroad. The article-length ones it recommended most:
Welcome! · 12 recs · 2024
USA to Portugal (Sabbatical) · 8 recs · 2024
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