January 24, 2011 · 2 comments
in Asia, BRIC, China, RMB, USD, banks, currencies, diversification, financial planning, foreign investment, hedging, inflation, investing, living in US, market trends, money management, risk, savings, wealth protection, wealth transfer
Readers have recently been asking where you can open a Chinese Yuan savings account. As I wrote in a previous post, Chinese Yuan savings accounts for Americans are available at the Bank of China (only in New York and Los Angeles so far).
In that previous post, I outlined the basic steps you need to know [...]
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January 22, 2011 · 7 comments
in Asia, BRIC, China, RMB, USD, banks, diversification, international economy, money management, preparedness, savings, wealth protection, world reserve currency
It’s easy to open a yuan-denominated bank account with the Bank of China if you’re willing to travel to New York City or Los Angeles – two locations where the Bank of China will do this.
Investors are increasingly interested in diversifying away from the U.S. dollar (USD) and into alternative currencies. You don’t have to [...]
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August 10, 2010 · 3 comments
in Lists, behavioral finance, cashflow, charity, coins, discipline, financial fitness, frugal tips, lifehack, money management, penny, savings, tips
Have a problem with too many leftover coins (yeah, you could have worse problems)? Too lazy to roll up your coins and deposit them in a bank account? Or do you toss aside your coins because they’re so heavy to carry around, and then find yourself breaking bills all the time just to get a [...]
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April 5, 2010 · 6 comments
in bubble, discipline, economy, emotions, financial planning, future, investing, market crash, market timing, money lessons, opportunity, preparedness, psychology, purchases, savings, stock picks, stocks, wealthbuilding
One week we’re done with market crashes, the next week there’s more talk of bubbles and Wall Street antics wasting taxpayers’ money. This list of market doom headlines is a good enough reminder of how the fear for the end of the world felt like just over one year ago now in early March 2009.
What [...]
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April 3, 2010 · 4 comments
in DIY, Repairs, achievement, budgets, education, frugal tips, lifehack, money management, productivity, purchases, savings, sustainability
Everyone knows that saving time and money (or being more efficient and effective with your time and money, if you will) is a key barometer of having control over your life (call it success, or productivity, or whichever you prefer). Life is a string of time and money yields the string of options and actions [...]
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This cash ISAs guide is written by Clare Westwood of the Savings team at moneysupermarket.com, the price comparison website, and aims to highlight some key points to consider when using or opening a cash ISA account.
A cash ISA is a great idea for any UK-based saver as it means saving a set amount and keeping [...]
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