hi guys,
say i had a million dollars , and i decided to split it evenly into 100k portions,
then open a bank account in each country and buy all of the major currencies - AUD CAD CHF EUR GBP JPY NZD USD and also buy 100k each of GOLD and SILVER...
would this be a good way to preserve my million so that it never loses value? or have i totally got the wrong idea?
please enlighten me ...
say i had a million dollars , and i decided to split it evenly into 100k portions,
then open a bank account in each country and buy all of the major currencies - AUD CAD CHF EUR GBP JPY NZD USD and also buy 100k each of GOLD and SILVER...
would this be a good way to preserve my million so that it never loses value? or have i totally got the wrong idea?
please enlighten me ...