Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Has anyone used Wise for foreign currency?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Thanks everyone, this was really helpful! I will look into Revolut. Someone in another thread mentioned opening an account at HSBC in UK, but I don't have a justification other than "diversifying" so I'm not sure the account would be approved. The PP above makes it sound like a foreign account would be difficult to manage anyway. If anyone else has ideas or suggestions, I'm all ears![/quote] I won't speak for OP or others on this thread, but for us the goal is to have readily available cash outside of the US banking system in the event the FDIC is shut down and/or there are bank runs. Wise works fine but if you want to diversify your assets, why you could simply invest in ETFs in euros (e.g, FXE), pound (e.g., FXB) or in other currencies. Their prices follow closely the exchange rate and they pay distributions that correspond to the short-term interest rates for these currencies. [/quote][/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
