Which CURRENCY is SAFE ?

[saq]

Dear wa biashara wa bongo !

After seeing the inflation all time high ,
do you think its a good idea to change ones savings to another currency in order to safe guard it against money value lose ?

Which currency do you think is the best ?
Usd is all time high...do you think its worth changing into it at this time (after seeing the US economic problems? )

Naomba tuchangiye mawazo !

 

[Shoo Gap]

For my advice buy Gold and deposit it in bank. ALTENATIVELY Invest your money in a stable assets such as land, houses etc

 

[saq]

For my advice buy Gold and deposit it in bank. ALTENATIVELY Invest your money in a stable assets such as land, houses etc

Gold ?
Where to buy Gold ? do v have such facilities here ?

 

[VoiceOfReason]

Mkuu if you are talking about safe; basi government Bonds ndio inaonekana yenye risky ndogo ingawa interest yake huwa ni ndogo sana kwa habari zaidi kuhusu bonds ni nini angalia hapo chini.... Jaribu kuwasiliana na BOT kuhusu hii issue

What Are Bonds?
A bond is a debt security, similar to an I.O.U. When you purchase a bond, you are lending money to a government, municipality, corporation, federal agency or other entity known as an issuer.* In return for that money, the issuer provides you with a bond in which it promises to pay a specified rate of interest during the life of the bond and to repay the face value of the bond (the principal) when it matures, or comes due.

 

[Rich Dad]

Just to remind you abt
A rule of thumb: buy low sell high