AF_R [he/him]

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  • 34 Comments
Joined 10 months ago
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Cake day: February 5th, 2025

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  • Respectfully, liberals blamed Republicans.

    The working class, and most of America, blames the Dems, and no matter how much reality you feed them, no matter how bad material conditions get, their brains are too damaged by propaganda to understand anything except “Dem bad, illegals bad, welfare bad”.

    Part of this is Dems allowing the Overton ratchet to exist as controlled opposition. It’s the logical conclusion to their game. This could only ever end one way, and it’s the way we are seeing it now.

    The USA has a long, long, long way to fall.









  • You could mess around trying to exclude big tech like some wacky S&P 500 ex-tech fund or try to overweight small and mid cap. That’s if you absolutely must hold US though.

    For me about 70% of my portfolio is a world index with overweight on international. 60% VTI + 40% VXUS or equivalents. This is considered overexposure to international by conventional US investors.

    The other 30% is all-in on China via MCHI. I’m edging towards increasing international and China exposure and reducing US. The US large caps are fundamentally overvalued so I’ll probably do this soon. Just hard to make that mental jump even though the material analysis says so.

    To be clear, this is a risky strategy. All the major players and investors worldwide are adamant there is no AI bubble, and no US bubble, and China will never pay off or grow.

    It’s just about what you’re willing to risk to say you’re right and they’re wrong. Safest choice is VT and chill.



  • Buying foreign currency as an appreciating asset is generally a terrible idea. Holding it physically is an even worse idea, so if you’re going to own imaginary things, you might as well make it an asset that also directly contributes to the Chinese century.

    Consider holding MCHI or FLCH in a tax advantaged account instead. They are highly diversified index-based funds, you “own” (not really but too long of a story) all of China. Your money goes directly to growing China and they are both mainland China-specific, no T * iwan or J * pan stocks, or any other country.

    Of course there is the small risk the US bans investment into China (or starts a war) and confiscates all assets but there’s no way to directly invest in China as a foreigner and if the US goes that far, the dollar is becoming worthless anyway.