Yes, it's also a way. I can't say it's good, but at least it won't be too bad. After all, the inflation rate of the dollar is already very low. Although the purchase will continue to depreciate, the purchasing power is still there, so it is more convenient to extract it.
2. Buy savings insurance in Hong Kong.
If you want to use this money for long-term investment and have a good return, you may wish to consider Hong Kong's savings insurance, which has the following advantages:
Dollar policy
Insurance in Hong Kong faces the global market and uses global economic rules, so it is settled in US dollars. The necessity and importance of dollar allocation have been explained before, so I won't say much here.
High income and low risk.
Short-term ups and downs are indeed unpredictable, but long-term high returns can be obtained by reducing capital liquidity. The rate of return on savings insurance in Hong Kong can reach 4.5%~6.5%, or even higher. Due to the geographical particularity of Hong Kong, as a special administrative region, Hong Kong has preferential policies when investing in mainland assets, while when investing in foreign assets, due to the use of the international financial law of the sea, funds are unimpeded.
Therefore, Hong Kong can be said to be the only place in the world where it is possible to ensure the coexistence of high returns and low risks. However, it should be noted that the yield of insurance financing is long-term, and the yield is gradually increasing with the increase of holding time. So if you are looking for a long-term stable dollar product, Hong Kong insurance will be a good choice.
As an insurance, it also has a guarantee function.
Financial insurance is a firewall that separates personal property from company property. If there are any risks or liabilities, other assets such as real estate or stocks will be frozen, but only insurance will not. In addition, it also has a life-saving function, which can not only protect the family, but also legally evade the inheritance tax and pass on the wealth to the next generation.