Some people are worried about the future of the U.S. dollar and they believe that moving from the States is a way to distance themselves from its possible decline.
Well, yes and no. While diversifying your asset holdings by currency is often a wise move, the truth is that if you’re a U.S. citizen you’ll never be able to walk away from the dollar completely — even if you move overseas. Likewise if you’re a Canadian or citizen of any other country — it’s hard to totally divorce yourself from your national currency.
Here are two reasons why…
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