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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" 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: mungofitch ✹✺ SILVER
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Number: of 86289 
Subject: OT, out
Date: 03/17/25 11:20 AM
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Since I have often posted sundry trades I've done, I thought I'd pass this along.

I'm divesting from the US. I've already sold all my T-bills and sold (so far) 96% of my US stock positions including everything in my quant portfolio. I've converted the existing US cash to other currencies, and will convert the rest after trades settle.
I still have some derivatives, most of which I will let run off in an orderly way. And a couple of stock positions that I'll ease out of.
I'm in the process of opening a brokerage account with a Europe-based firm, planning to move assets out of my current one whose parent is in the US.

Jim
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This community has written 356 posts about Living Abroad. The article-length ones it recommended most:
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