Howdy and aloha all.
I just finished cashing out one of my broker accounts and in preparing to fund a new account, realized that perhaps I should give some thought to the base currency and not just fund another USD account. So I'm curious to know, of the following currencies, what would your preference be and why?
I'm currently leaning toward the NZD because in my eyes, it seems stable if not a little less valued but value is all relative.
AUD, GBP, USD, EUR, NZD
I'm also looking at the AUD because it also seems fairly stable and as an intensive resource based economy, probably isn't going to tank anytime soon unlike the USD which is backed more and more by funny money printed out of thin air. Any thoughts?
I just finished cashing out one of my broker accounts and in preparing to fund a new account, realized that perhaps I should give some thought to the base currency and not just fund another USD account. So I'm curious to know, of the following currencies, what would your preference be and why?
I'm currently leaning toward the NZD because in my eyes, it seems stable if not a little less valued but value is all relative.
AUD, GBP, USD, EUR, NZD
I'm also looking at the AUD because it also seems fairly stable and as an intensive resource based economy, probably isn't going to tank anytime soon unlike the USD which is backed more and more by funny money printed out of thin air. Any thoughts?