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In South America it is customary to save in USD as our local currencies are known to have explosive and sudden ends, some more than others. If you can, and can
by brezelgoring 4y ago
In South America it is customary to save in USD as our local currencies are known to have explosive and sudden ends, some more than others. If you can, and can handle the comparative lack of liquidity, keep everything in USD.
Even better if you can invest it in indexes and stuff, I know TD Ameritrade lets foreigners invest in actual stocks and indexes, which grow in value! Even better than saving dollars, but that might not be an option for you, I'm really not sure.