Don’t Get Too Misty With Multi Currency MISTs

MIST is a new term in multi currency investing. Recently (June 9, 2012) I took a look at the seven top interest rates available from US banks for 1 year $25,000 or more CDs. 1.1% is the best one can earn. 1.1 lousy percent in a era where inflation is statistically...

Ecuador Currency

Ecuador’s currency is the US dollar. When Merri and I first arrived in Ecuador the currency was the sucre and it took 3,000 sucre to buy one dollar.  About five years after we arrived the sucre had dropped to about 8,000 sucres to buy a US dollar.  Then a decade...