

I’m not a financial advisor, so nobody copy this, but we removed all our money from the US over the last few years in preparation. We dont have stocks any more, and our last bit of US money is due to be transferred when our tax return is paid out. I’m cautiously optimistic things will hold until then 🤞
We’ve put most of our money short term into New Zealand banks, specifically term deposits at a few locations, as the financial system here is well insulated at least compared to most countries. Long term we will vary our investment more but we don’t have many options until we are permanent residents (another couple years). It’s a moderate low risk growth, and we are okay with the downsides of it being inaccessible since we have several staggered.
Here term deposits are likely to be frozen short term in the event of a crash by the Open Banking Resolution system, but our everyday funds will be more accessible. Now for a huge market crash, most bets are off, but being in this little island nation, I feel a lot more secure in the fact that society will pull together rather than eat each other. That’s the true benefit of being here: the culture.
This was the primary reason for me leaving the church, but I had begun my whole “deconstruction” journey years earlier. Between losing my belief and losing my religion, I was there to be a good influence on the true believers. I eventually realised it was useless to do so, that these people who I once considered friends were actually just horrible people. I’m embarrassed how long I really ignored some toxic beliefs and actions just because the people committing them were doing so “for sincerely held beliefs”. Trump and Covid were the real catalysts just because the way and the speed of their “mask off” transition made it obvious even to a socially inept person like me that they were just bad people.