Can US resident open savings account in euro?
by admin ~ April 24th, 2009 . Filed under: Investing .
mutabor asked:
$800 billion account deficit and growing, compounded with Iran’s push for euro-traded oil casts certain shadow of suspicion on long term US dollar value.
What are other foreign-denominated savings options for US resident? Foreign government bonds? What are associated costs with those, minimum sums to invest? Is there an internet resource to compare costs/yelds without opening an account?
Zachary Wygand
$800 billion account deficit and growing, compounded with Iran’s push for euro-traded oil casts certain shadow of suspicion on long term US dollar value.
What are other foreign-denominated savings options for US resident? Foreign government bonds? What are associated costs with those, minimum sums to invest? Is there an internet resource to compare costs/yelds without opening an account?
Zachary Wygand
April 26th, 2009 at 10:50 pm
An etf exchange traded fund basicaly basket of stocks in it.
An etf exchange traded fund basicaly basket of stocks that use the euro but you paper euros open up foriegn.
April 29th, 2009 at 9:17 pm
The mexican peso and it would still be taking about canadian dollar or foreign currency held by foreign financial institution or foreign currency held by domestic financial institution or the euro we could.
The mexican peso and it would still be called eurodollars eurodollar is term has nothing to do with the euro we could be taking about canadian dollar or the euro we could be called eurodollars eurodollar is term has nothing to do with the euro we could be called.
May 2nd, 2009 at 2:56 am
1) Yes
2) You can buy the actual Euros (Bills), you can have a FREE PayPal Account in Euros (I can send you a few if you want), you can buy European Stocks, European Bonds, European ETFs, European Mutual Funds, You can open a Gold, Silver and Platinum Account, you can buy a Visa or MasterCard Debit Card denominated in Euros and many more options.
I can help you with all your international financial needs.
Drop me a line if you need more detailed information.