I have a CD at Bank of America which falls under the FDIC limit but I am not confident in the FDIC should there be a run on the banks. Should I diversify the $- spread it out across a few banks- if so, which ones? What other investments ideas should I consider- I want to not lose any money…gaining a few APY is fine but I just don’t want to lose it should a depression happen. Should I buy foreign currency?

I been thinking lately about moving to a country that has a currency stronger then the US dollar (and has been so for some time) to work there and send the money home. Figured work for the same amount of hours, yet double what money I can send home. Any one else done this? Advice?
Well it seems those who work in the US whose country of origin has a weaker currency make out well, thought it would be an interesting idea to follow suit on.

I need to know how economics, politics & culture affect a country’s currency & the interrelationship of countries’ money? And how do we keep a currency value high even after 100 years?

I am currently working overseas and making more than I have ever made before. I’m saving for a home and I have quite a bit saved up. My friend from the states keeps telling me that the value of the dollar is falling due to inflation and I should change some of my money into a stronger currency. I’m not too good with the stock market and truthfully it scares me. I would rather make my money the old fashion way. I am not looking to get rich but I do want to protect what I have. Any suggestions?

Also that would keep my money based in a strong currency.

Arguably the backbone of a strong America is freedom and a strong economy (which is held up by the strength of our currency). Now I’m not too sure what’s happening now but do you think the dollar will be overtaken and we have to worry about switching our money to something help on foreign soil like the Euro?

According to my currency app, about 83 Japanese Yen can be traded for just 1 US Dollar. In other words, 100 Yen = .20.
When the Yen was on the rise, I kept hearing news about how bad it is for Japan because of the Import and Export rates or something.
But aren’t there any good news that comes with a strong currency? Like is this the reason why we’re seeing more Japanese tourists visiting Hawaii, USA? Isn’t it good because you get to travel to countries with a weaker currency and spend a lot more money than do the locals?

1) Currency Value within a Country
2) Job Opportunities within a Country
3) Income-living cost ratio

In a utopian world, the best thing to do would be to travel to a country with a strong currency, few expenses, and good job opportunities so that when retirement comes around you can travel somewhere with a weak currency and cheap living standards, being able to live in luxury.

For example, working in a country with US Dollars and then moving to Europe would be counter productive because you would suddenly have less money. If you were to earn a lot of the following:
1. Kuwaiti dinar
2. The Maltese lira
3. The Bahraini dinar
and then move to Europe, you could live very well.The problem is: how are the expenses in Kuwait, Bahrain, and Malta? Is the living cost high? How are job opportunities?

In essence, the plan would be to move somewhere where you can work very little and go into retirement soon. Any advice?

1) Currency Value within a Country
2) Job Opportunities within a Country
3) Income-living cost ratio

In a utopian world, the best thing to do would be to travel to a country with a strong currency, few expenses, and good job opportunities so that when retirement comes around you can travel somewhere with a weak currency and cheap living standards, being able to live in luxury.

For example, working in a country with US Dollars and then moving to Europe would be counter productive because you would suddenly have less money. If you were to earn a lot of the following:
1. Kuwaiti dinar
2. The Maltese lira
3. The Bahraini dinar
and then move to Europe, you could live very well.The problem is: how are the expenses in Kuwait, Bahrain, and Malta? Is the living cost high? How are job opportunities?

In essence, the plan would be to move somewhere where you can work very little and go into retirement soon. Any advice?

1) Currency Value within a Country
2) Job Opportunities within a Country
3) Income-living cost ratio

In a utopian world, the best thing to do would be to travel to a country with a strong currency, few expenses, and good job opportunities so that when retirement comes around you can travel somewhere with a weak currency and cheap living standards, being able to live in luxury.

For example, working in a country with US Dollars and then moving to Europe would be counter productive because you would suddenly have less money. If you were to earn a lot of the following:
1. Kuwaiti dinar
2. The Maltese lira
3. The Bahraini dinar
and then move to Europe, you could live very well.The problem is: how are the expenses in Kuwait, Bahrain, and Malta? Is the living cost high? How are job opportunities?

In essence, the plan would be to move somewhere where you can work very little and go into retirement soon. Any advice?