inluvwitbud
Member
Any suggestions on how to secure my finances without actually putting them in a bank?
Alternative methods of securing your money?
- Thread starter inluvwitbud
- Start date
Buy 'things' that will increase in value faster than currency. The problem there is you have to know the 'things', better than most, to be successful in this type of scenario.
hair of the dog
Member
Take a once in a lifetime, life changing trip/experience. Surf Tonga, get blown in Thailand, take a safari in the Serengetti. Put the money into a life you want to remember, not into the bank.
Just a suggestion.
Just a suggestion.
ta2drvn
Well-Known Member
Safe in house, burried in back yard, loan out to reliable people, start up cash for biz, invest in someone elses biz and get a return, purchase art, jews, silver, coins, keep money earned in regular job in bank and pay cash for every day expenses...
This should give you a couple ideas to expand on.
This should give you a couple ideas to expand on.
Blowin' Smoke
Active Member
How much dough are we talking? Pablo Escobar would spend 2,500$ a month just on rubber bands to bundle his money. Imagine how hard was for him to hide it.
Swiftowl11
Active Member
GOLD, Buy Pamp Suiss Gold, Sell when you need cash, report to taxes. 1 oz gold pamp suiss is about $1700. Can buy as little as a gram at a time.
theQuetzalcoatl
Active Member
You can buy Jews now?
hair of the dog
Member
Collectables can be a nice private way to go. Just don't get into any collectable that you don't love. If your only in it for the money, you won't do the kind of research you need to do to make good purchases. Also, if you love whatever it is you won't really be burned if you end up with something you are 'stuck with' for a decade or two. If you dig baseball cards or china dolls or anything, there are people who collect it. They have books, web sites and meets/shows. Find something you have a passion for, and dig in. Then as years go by you can sell stuff off as you need to.
joe macclennan
Well-Known Member
Guns are sure to appreciate in value with all the bs goin on now.
theQuetzalcoatl
Active Member
In all seriousness I collect Mr Potato head. I have HUNDREDS of them and have very little invested. My collection is worth a ton of money. Less than it would have been in the 90's at the peak of collectable markets. But there will be another peak with the huge influx of pop culture stuff. Not that I'm going to sell. I get a lot of joy out of collecting them.
3 Pounds of Weeden
Active Member
Get a job that involves tips. Lie and deposit that money under that. You'll get taxed but you'll be safe.
lickalotapus
Well-Known Member
If you got a large amount , buy a shitty house and renovate it,
bud nugbong
Well-Known Member
you sound like my brother who is always borrowing money...and OP, A heavy duty safe bolted to the floor in your basement.