I am not sure that I getting right the shade of "time it out" meaning you have in mind now. What I am doing is just to carefully wait and see when it might be opportune to move money from one account to the other, based on 10-year trends (too short?) and other factors.GaijinPunch wrote:
It's not. And if you're trying to time it out, you're doing it wrong. I actually moved some stuff recently (not all) to stocks thinking it had bottomed out and it hadn't. But it's a retirement fund... I can't touch it for a minimum of 15 years. It will likely go up and down again at least once before then.
I have dedicated services from each bank that allow me to check "how much" I have once I put all the money together, so oscillations are sometimes scary, but that is the way this type of life works, right?
And then, for very complicated reasons you can actually guess, I will have a (small) retirement salary in Sweden after 65, with the [/i]proviso[/i] that I have a bank account there.
I could move that to the newly formed "European fund" for workers moving within the EU and countries with specific agreements with the EU. Being very careful and very patient has become a survival skill, I guess (notifications on exchange rates and trends do help).
Crucially, the current situation in China has created a sudden interest of the government in handing green cards/Permanent residentships to skilled workers (and the locals were not happy...), and a speeding up of agreements that would allow me to obtain something akin to a 401k here in China (I am a civil servant, anyway), which *might* be even transferrable to EU once I am done.
Again, the top university in Wuhan seems willing to offer me *a lot* of stuff to accept the job they offered me, given the situation at hand (PM if you want to have a laugh, I will try to behave on this).
The Chinese government is almost *forcing* companies, especially foreign ones, to accept financial support ("or else", if I am reading the consulate papers right).
What I am seeing at various levels is a general scramble to various haphardazous decisions to avoid panic, because crises are 99.9% self-inflicted panic and 0.1% actual problems. I must admit that I may heavily profit from it.
Of course you may wonder where the Chinese government may take all this money from. However, magically pulling money out of government asses seems to be the new black for governments.
Anyway, once we will be dead because of a flu originating from bats, debts should also disappear.