Buy European

3446 readers

1885 users here now

Overview:

The community to discuss buying European goods and services.

Rules:

Be kind to each other, and argue in good faith. No direct insults nor disrespectful and condescending comments.
Do not use this community to promote Nationalism/Euronationalism. This community is for discussing European products/services and news related to that. For other topics the following might be of interest:

Feddit.uk's instance rules apply:

No racism, sexism, homophobia, transphobia or xenophobia
No incitement of violence or promotion of violent ideologies
No harassment, dogpiling or doxxing of other users
Do not share intentionally false or misleading information
Do not spam or abuse network features.
Alt accounts are permitted, but all accounts must list each other in their bios.

Benefits of Buying Local:

local investment, job creation, innovation, increased competition, more redundancy.

Matrix Chat

Related Communities:

Buy Local:

!buycanadian@lemmy.ca

!buyafrican@baraza.africa

!buyFromEU@lemm.ee

!buyfromeu@feddit.org

Buying and Selling:

!flohmarkt@lemmy.ca

Boycott:

!boycottus@lemmy.ca

Stop Publisher Kill Switch in Games Practice:

!stopkillinggames@lemm.ee

Banner credits: BYTEAlliance

founded 1 month ago

MODERATORS

buyeuropean@feddit.org

lazycog@feddit.uk

Consider switching Retirement Investments to Foreign investments (sopuli.xyz)

submitted 2 days ago* (last edited 2 days ago) by HotChickenFeet@sopuli.xyz to c/buyeuropean@feddit.uk

4 comments fedilink hide all child comments

This is not financial advice, I am not an advisor.

US folks, if you're cutting back your purchases, consider you are voting with your dollar wherever you contribute your retirement (401K, IRA, HSA, etc) contributions as well. Most places have few offerings, but it's worth looking if there are foreign investment offerings at your provider. At least for me there was a foreign index fund.

Continuing to invest in the US stock market will continue to show some amount of faith in its performance. Invest your money elsewhere if you can.

Hopefully this is allowed... I've seen lots of folks saying to drop paying for subscriptions, buy local (instead of big corporations), and to buy European if possible (or at least non-US). I think this fits that bill, but delete this if not.

you are viewing a single comment's thread
view the rest of the comments

[–] rikudou@lemmings.world 6 points 2 days ago (1 children)

What's with the bullshit "this is not financial advice" on very obvious advices about finances? Is that a legal thing in the US, like some kind of disclaimer that people think will prevent them from being sued?

[–] HotChickenFeet@sopuli.xyz 4 points 2 days ago

Youre right that this is financially related, but it was more to say - I'm not advising that switching to foreign investments is financially beneficial, just morally recommended. Folks doing this may end up with lower retirement funds in the end.