StocksonWallStreet.net
01-25-2010, 10:23 AM
Is it time to leave the U.S.? Look outside the borders of the U.S. for lifestyle and investment opportunities that save money, preserve wealth
With an unprecedented increase in federal spending, a record number of newly printed dollars entering the system, and the shrinking tax base, time is running out for savers, earners and investors who still have all their savings, salaries, homes and their investments denominated in U.S. dollars. The U.S. economy looks grim…multi-billion dollar bailouts at taxpayer expense…billions of dollars in stock value evaporating overnight…dried up credit…collapsing mutual funds…disappearing retirement accounts.
As someone focused on all things financial, I believe we all owe it to ourselves to constantly explore all options that can help grow and preserve our assets. One option that’s become increasingly attractive for some Americans is to get out while you still can. This is especially true for baby boomers and, for that matter, anyone looking at long-term financial planning and retirement options. It makes a lot of sense to diversify savings into other currencies and overseas assets. It also makes a lot of sense to search for new areas of opportunity beyond America’s borders.
http://stocksonwallstreet.net/2010/01/25/diversify-savings-into-other-currencies-overseas-assets/
With an unprecedented increase in federal spending, a record number of newly printed dollars entering the system, and the shrinking tax base, time is running out for savers, earners and investors who still have all their savings, salaries, homes and their investments denominated in U.S. dollars. The U.S. economy looks grim…multi-billion dollar bailouts at taxpayer expense…billions of dollars in stock value evaporating overnight…dried up credit…collapsing mutual funds…disappearing retirement accounts.
As someone focused on all things financial, I believe we all owe it to ourselves to constantly explore all options that can help grow and preserve our assets. One option that’s become increasingly attractive for some Americans is to get out while you still can. This is especially true for baby boomers and, for that matter, anyone looking at long-term financial planning and retirement options. It makes a lot of sense to diversify savings into other currencies and overseas assets. It also makes a lot of sense to search for new areas of opportunity beyond America’s borders.
http://stocksonwallstreet.net/2010/01/25/diversify-savings-into-other-currencies-overseas-assets/