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Old 11-30-2010, 03:58 PM   #1
djroof
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The safest place for your money...

Home?

Bank?

Online?

so these days... which is the safest place for the money...??? What do u think?
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Old 11-30-2010, 04:08 PM   #2
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Gold, invested in a bizness, life insurance....
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Old 11-30-2010, 04:10 PM   #3
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The true answer to that is probably in gold. Money is an idea. Gold is a little more tangible.
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Old 11-30-2010, 04:13 PM   #4
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safest -> Bank, at least around here with FDIC...
but it's far from the smartest, smartest = invested somewhere..
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Old 11-30-2010, 04:16 PM   #5
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this period is good for biz and to invest somewhere?

like?
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Old 11-30-2010, 04:18 PM   #6
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safest? T-bills. There are also other short-term Gov't debt (Swiss, etc) that would qualify.
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Old 11-30-2010, 06:23 PM   #7
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Old 11-30-2010, 06:33 PM   #8
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in the UK anything up to £50k is insured in a high street bank
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Old 11-30-2010, 06:40 PM   #9
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epassporte wallet
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Old 11-30-2010, 07:27 PM   #10
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sends it to me, I keep the money for you
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Old 11-30-2010, 07:35 PM   #11
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can you dig more deeper

i want to hide my yamashita :-)
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Old 11-30-2010, 08:50 PM   #12
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I think the safest place to put your money is inside one of the major banks. I think the bank should give the money that is owed to you, even if someone else robs the bank at gunpoint or something.
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Old 11-30-2010, 08:55 PM   #13
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my sock or the bank
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Old 11-30-2010, 09:00 PM   #14
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If things were to go all topsy turvy, money will be devalued at such a level that it'll be worth nothing more than the cotton paper it's printed on.
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Old 11-30-2010, 09:15 PM   #15
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Old 11-30-2010, 10:04 PM   #16
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Old 11-30-2010, 10:17 PM   #17
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Old 11-30-2010, 10:26 PM   #18
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Old 12-01-2010, 04:12 AM   #19
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Gold, invested in a bizness, life insurance....
Agree with gold, equities (right now)

The risk to your money is more from the government than from thieves or risky banks because a government can massively increase the supply and make your money worthless - its a form of theft that is almost untracable.

Then again, if you buy gold whilst you remove the risk from the government theft, you increase the risk from thieves so you have to think about safekeeping in a vault somewhere.
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Old 12-01-2010, 04:19 AM   #20
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Home........
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Old 12-01-2010, 04:25 AM   #21
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Safest place to put it in the event of what, a total meltdown of the USD? Or just general safe keeping?

First of all I would spread it out across multiple currencies and a few banks.

Physically own gold and silver.

Get some treasury bills.

Keep some emergency cash.

Invest back into your business.

And if you are worried about a total system collapse, buy things that could help you or save you later, or that you can barter with. Storeable food, guns, ammo, make your home self sufficient.

Lots of things to do with your money, it just depends on what you consider "safe" and what you are afraid of. One thing is for sure, you don't want to put it all in one place.
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Old 12-01-2010, 04:26 AM   #22
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in the UK anything up to £50k is insured in a high street bank
This. And just split it between banks when it's more than the £50K as it's per bank.
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Old 12-01-2010, 04:37 AM   #23
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I don't think now a days exist a safe place to place your money... I would place half at a bank and keep the other half hidden somewhere in your house...
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Old 12-01-2010, 04:54 AM   #24
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gold, in your mattress, next to you and your .45...
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Old 12-01-2010, 05:38 AM   #25
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This. And just split it between banks when it's more than the £50K as it's per bank.
This is what I do.
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Old 12-01-2010, 05:39 AM   #26
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Old 12-01-2010, 05:54 AM   #27
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Old 12-01-2010, 11:23 AM   #28
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Old 12-01-2010, 11:37 AM   #29
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Gold seems like the smart bet although I am waiting to see what the goverment will come up with to get its hands on more gold...
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Old 12-01-2010, 11:59 AM   #30
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Old 12-01-2010, 12:18 PM   #31
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Old 12-01-2010, 01:34 PM   #32
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Correct me if I'm wrong but I think the FDIC insurance DOES NOT cover business bank accounts, only personal ones.
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Old 12-01-2010, 01:39 PM   #33
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omg hahahahahahaha
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Old 12-01-2010, 01:41 PM   #34
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Safest place to put it in the event of what, a total meltdown of the USD? Or just general safe keeping?

First of all I would spread it out across multiple currencies and a few banks.

Physically own gold and silver.

Get some treasury bills.

Keep some emergency cash.

Invest back into your business.

And if you are worried about a total system collapse, buy things that could help you or save you later, or that you can barter with. Storeable food, guns, ammo, make your home self sufficient.

Lots of things to do with your money, it just depends on what you consider "safe" and what you are afraid of. One thing is for sure, you don't want to put it all in one place.


interesting .... thanks man
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Old 12-01-2010, 01:48 PM   #35
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Home?

Bank?

Online?

so these days... which is the safest place for the money...??? What do u think?


The safest place for your money is in my wallet
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