View Single Post
Old 11-27-2013, 04:09 PM  
hermac
Confirmed User
 
Industry Role:
Join Date: Jun 2013
Posts: 65
Investment Options with paypal / paxum

Here is the thing, because of the political economy of my country (argentina) I can't withdrawal money from paypal to any bank account, and the official dollar exchange rate is like 20-50% behind the price you can have if you sell the dollars outside the financial system (it is long to explain the shit they are doing here) but you can't cash out dollars in a atm, it will be converted in pesos. If i cash out $100 with my paxum in an atm i get 600 pesos, but if i had those $100 in a bill in my hands, I could exchange it for 900-1000 pesos to someone who want it for savings.

So..everytime i cash out from my paxum card $100, i lose like 400 pesos more or less, and I'm tired of losing money, but I don't want to keep all my founds in my paxum / paypal account either because of the risk of sh*t happening in a future.

That being told, I want to keep my dollars safe in something i can buy, where i dont lose money (if it can generates interests it would be great, but if it is just keeping the value of the money it would be ok).

I don't want bitcoins because the risk of the price to getting low, (which i'm sure it will happen in a near future)

Do you know any kind of trusted investment to do?.. and again I don't care of having profit with it, just want to keep the money in a safe place.

Thank you
hermac is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote