From Sovereign Man:
People ask me this question a lot - what's the best way to diversify US dollar holdings into other currencies?
Well, 'best' is certainly relative… I prefer commodities and precious metals as a way to protect my savings, but I can't exactly pay my American Express bill with the bullion that I have locked away in South America.
Living in the 21st century among our modern conveniences nearly requires that we at least keep part of our wealth within the financial system- this means converting US dollars into another currency, and tucking that currency away at a bank or brokerage that is still plugged in.
So what's the best way to do it?
Read full article...
More on saving:
101 restaurants where kids eat free
A quick and easy way to get emergency cash
Four common money mistakes you're probably making