Saving money in euros...
I keep all my savings in a Citibank e-savings account, which is like a regular savings account, only with a higher interest rate. Recently, the dollar has totally been tanking, and this trend doesn't show any signs of reversing. What's the easiest, safest, most profitable way for me to save my money in euros instead of dollars? This is what I like about the e-savings account : 1) My money is FDIC insured. 2) The interest rate is higher than that of a typical savings account. It's somewhere around 4.25%. 3) I can take my money out any time I want without incurring any kind of penalty. 4) It's ultra-low-maintenance - I can just put my money in and forget about it. I would like to put my money in euros without sacrificing any of the above, if possible. I know that I won't be able to find something that's FDIC insured, but I would like something that has a similar degree of security. The fact of the matter is that the dollar is totally tanking, and I don't want to see my life's savings evaporate because of inflation or anything else that I don't really understand.
