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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: Baltassar   😊 😞
Number: of 343 
Subject: Re: OT, out
Date: 03/17/25 2:31 PM
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No. of Recommendations: 12
Don't be a stranger.

I have to say, this feels, personally, like a disaster to me. One of many just now, admittedly.

Are there any realistic steps an American citizen and resident can take to protect themselves against the kinds of perils that (rightly) concern you?

I have learned to manage market risks to my own satisfaction, and one part of that process has been absolutely refusing to make investment decisions in response to news, punditry, and what have you. That's been my rule for 30 years. I abandoned that rule last month, and converted everything in my tax-deferred accounts (about 80% of liquid assets) to treasuries and ultra-short bonds.

In the medium to longer term, are there better choices out there for someone whose roots are too deep in American soil to be pulled up even now?

Baltassar
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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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