- (Bloomberg) - UBS Group AG’s rich clients are increasingly shifting away from US-dollar assets, turning instead to gold, crypto and investments in China, according to the Swiss bank’s co-head of wealth management for Asia. @bloomberg.com www.bloomberg.com/news/videos/...
- My rich friends are going big transferring wealth to Australian bonds-but that’s not my area. Gold as well. Bitcoin seems like the only real crypto choice. Anything but USD anyways. Thoughts?
- I think those are all good options to diversify. I don't know about any specific foreign countries that would have the best bonds, but the ETF BNDX covers all developed market bonds. Foreign stocks are another option.May 13, 2025 23:27
- On the face, a developed currency insulated as much as possible from the USD makes some sense. Swiss franc maybe? But hard to say when including tax implications (will those even exist in the future?) Again, sounds good, but not my area.
