Tips to Buy a Dollar Part II

business tips

Never for long holding paper dollars

Why is that? Because physical changes little on the dollar you can make them valued lower than they should. One day my wife and I get U.S. dollars from a friend’s paper. The amount is 200 dollars. We get it in four sheets of 50 dollars. Time the rate was about Rp 9,100 per dollar. When about to sell to a money changer, there is a physical piece of slightly yellow. Immediately, the staff there said he did not want to buy my dollars worth of Rp 9,100, but must be cut to Rp 50.

This means, for one sheet of 50 dollars, I lose USD 50 per dollar. I think, luckily it was just a sheet of yellow physical form. If all of them, well … So, once again, do not be too long to hold dollar bills. Selekasnya better you keep it in safe deposit box, or just deposited into the bank.

Indeed, when we deposited the excess cost of the rate sometimes hurt you. But I think, because of foreign exchange losses mendinglah still more than the loss due to physical  dollars. Long, can-can your dollar even not appreciated at all if the physical form completely damaged. If paid to the bank, the dollar will be recorded in their accounting system, not in physical form. In addition, also be of interest. Not bad, right?

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