Personal Finance Questions and Answers

Just opened a free student account with wachovia and made my $50 deposite how long do you have to keep it in?




Answers: what did the terms and conditions of the account say or did you just throw on the desk with out reading it!
You may not like this answer but: it depends on the accounts terms and conditions. You have to read the terms and conditions of the account. You can call customer service they probably can help.

R $ 30 to EURO?




Answers: I think you would get more responses if you clarified the question :) I'm going to guess you want to know how many EUROs you can buy for $30 (American) .

$30 = 20.6 EUROs.

Edit your question if there is something else you wanted to know. I can change the answer accordingly.

Should I convert my US dollars(savings) into Euros?




Answers: I doubt any of the people telling you to do it have actually done it! It might be a smart idea at some point in time. But not right now, the dollar has actually bene GAINING value recently. It had been losing value for a while against the Euro but is rebounding with the recent interest rate cuts. I'd say it's a pretty big gamble, but it's your money... Might be better to just find a good mutual fund to put it in.
yes
b/c if u have any plan of going back to europe then use that money. if not then keep it as USD (United States Dollar)
When you convert you will take a huge hit. Which will negate any security in having Euros. When later you decide to use the money you will take a huge hit again.

Rates are actually starting to get better. Regardless of who gets elected after the election the market will stabilize. I travel much so have accounts in various places. But in the end trying to save a buck or two with converting main savings always ends in the fact that that person loses much in the end.

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