I'm a dual citizen of Brazil and the US and currently live in the US. Until recently, all of my net worth was tied to the US, except for one apartment I kept in Brazil.
Given the current political situation, I recently moved 5% of my net worth to Brazil and invested in bonds. However, I'm now considering whether I should increase this allocation. Brazil's market has historically been less stable than the US market, making me hesitant to invest there. However, given the increasing volatility of the US market, I'm now reconsidering making that move.
Has anyone else started diversifying their investments outside the US? Am I being crazy for thinking like this?
Thanks!