| What should I do to keep my money safe during the crisis |
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drg
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I am a teenager from a south east European country and have some money and what should l do to keep my money safe during the economic crisis that comes out from USA.Is there any possibility this crisis to effect in Europe? Should l convert my money to EURO, DOLLAR, GB POUND, or any other currency unit or just keep it in my country is currency unit.and is there any simple way l can benefit from this situation. THANKS
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Star
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Buy gold. Tonnes of it. Gold will always be worth alot.
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Clone
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l have to agree that gold is the safest way to invest your money.
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Doctor
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Coach
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l kind of agree with the others. Gold is always one of the safer options but everyone is buying it now so the price will be high. It can turn out that, once the economy becomes stable ,everyone who has bought gold will sell & the price could fall to below what u paid! But l do not think changing ur money into different currency is is great. Ireland is already in a recession. The whole world is being hit by this economic fall. Depending on how much u have & what country u live in, bonds r known to be a safe investment.
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