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In this video, I explain how to save in dollars, with examples from Colombia, and why it's important to diversify your savings across different currencies. I show you five practical alternatives, with their advantages and disadvantages, so you can choose the option that best suits your financial needs and goals.
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Timelapse:
00:00 - Why save in dollars?
1:21 - 1. Buy at currency exchange offices
2:48 - 2. Open a US account
6:34 - 3. Invest in the US market
9:11 - 4. Use digital dollars
11:51 - 5. Multi-currency accounts