In her thought-provoking piece for Bloomberg titled “Why It’s Time to Sell US Stocks, Move to Greece and Have a Baby,” Merryn Somerset Webb compels readers to reconsider their financial and personal futures amidst a backdrop of shifting economic landscapes. As the specter of geopolitical instability looms large, she suggests that now may be the opportune moment to diversify not only investments but also one’s living arrangements, particularly in favor of welcoming locales like Greece.
Webb challenges the prevailing notion of American stock market dominance. She notes that “the S&P 500 is only just hanging on to evens and the Nasdaq is down 4%,” while European markets are thriving, with the Euro Stoxx 50 up 11% and the DAX gaining 12.7%. This stark contrast signals a possible turning point and serves as a wake-up call for investors to rethink their strategies. Drawing on insights from US investing guru Jeremy Grantham, she underscores the precarious state of the U.S. market, where “the problem is in the price,” and warns that a significant correction could be on the horizon.
For those contemplating a move and not currently residing in the U.S., Webb references the intriguing offer from Donald Trump, who proposes a $5 million investment for residency and a path to American citizenship. However, she doesn’t shy away from critiquing this deal, pointing out that such a move brings immediate tax obligations, effectively making it just a hefty down payment.
Shifting the focus, Webb advocates for looking at more appealing options for residency in countries such as Greece, Italy, and Malta, offering “golden visas,” where investments start at around $300,000. These alternatives present a strategic way to secure residency and “hang your hat” in more inviting environments, as noted by Dominic Volek of Henley Partners.
The discussion also touches on demographic concerns, where Webb highlights Grantham’s observations about the implications of declining birth rates and a shrinking workforce. He warns that “falling fertility and a shrinking workforce are terrible things in economic terms,” underscoring the risks of economic stagnation in societies that fail to invest in family growth.
Ultimately, Webb’s article serves as a timely call to action for individuals and families to reassess their financial strategies and living conditions. As traditional investment landscapes shift, the opportunity to explore new avenues —particularly in welcoming countries like Greece—becomes increasingly relevant. By advocating for diversification, both in investments and in where we choose to live, Webb highlights a path toward not only financial security but also a richer, more fulfilling life. In an era marked by uncertainty, embracing these changes may very well present the best chance for a bright and promising future.
Source: Merryn Somerset Webb. “Why It’s Time to Sell US Stocks, Move to Greece and Have a Baby.” Bloomberg, March 1, 2025.
