Hiding money

On Feb 27, 6:31 pm, (BBQ n BLUES) wrote:
Double Tupperware containers & throw in some Silica Gel !

Since you suggest the silica gel, I assume that containers "sweat"
under wet ground. Where should the s.g. be put - in with the bills or
in the space between the containers? Also, how long is the s.g. good
for? How often changed? Thank you. Happy

On Feb 28, 12:08 am, "Richard L. Hall" wrote:
You can buy a safe for anywhere from $50 to a few hundred dollars which will
keep the money safe from a fire.

Richard: I agree that a fire-proof safe sounds like a good idea. In
fact, it was my first inclination. But some web sites criticized what
they consider many people's overconfidence in the fire-proof aspect,
because, they said, most fire-proof safes, if in intense heat, cannot
guard many materials within from burning (certainly not paper). Some
special safes have insulation to prevent this, but there is not a
great deal of agreement about how much is sufficient and which brands
are reliable. Unless you know something about these safes and can
give me some guidance here, well then, I guess it's back to the
ground. Thanks for your help. Happy

"JB" wrote in message
oups.com...
On Feb 27, 3:26 pm, "Happy" wrote:
I would like to make about $50,000 disappear. I promise I'm not
dealing in unlawful activities. The money is mine from an
inheritance. I want to use $100 bills, and I want them close to me.
Since the possibility of fire forces me to keep them out of the main
body of the house, probably in the nearby ground, how and in what can
I store the bills to keep them safe and dry? I know this is bizarre,
but I guess I'm just nervous about prevailing conditions. The thought
that I have a "stash" for emergencies is very reassuring, even if I am
forgoing interest. Can anyone help with information or links to
information? I have googled the subject every way I can think of, and
I've come up with nothing. Thank you.

You want a stash to help out the kids and not let anyone know about
it. While I cannot condone keeping something like that a secret, I
understand your reasoning. Putting the money into a safety deposit
box is the best scenario. Bank CD or other investment avenues results
in taxable income, unless you go via Bonds, which doesn't enable the
access you needs. Buying coins also produces the lack of liquid funds
you need.

The bank Box does it the trick. It is secure and no one else needs to
know about it, not even your husband. Pay the rental fee in cash.
The only two (2) issues you many have is a) your access is only when
the bank is open and b) I believe the storing cash may not be allowed,
but who will know if you don't tell..

My bank sends a statement in the mail both for fees due and fees paid. If
Happy's does likewise, she'll have to anticipate that as a problem.

James

On Thu, 01 Mar 2007 04:27:53 +1000, MDB
wrote:

That's your opinion of how you should run your own life. The concept
of a free society - actually, "free will" - says we should allow the
poster to run her own life the way she feels works for her. It's not
our job to say that her personal decisions are wrong or to attempt to
change them.

When you see someone walking towards a big hole in the ground - do you
yell out and warn someone of what they are about to walk into or do you
stand there and say nothing?

I know it's a cliché but it's a very poignant one - You get one chance
at life.


She's not asking for advice on her position. She's asking how to
implement a decision she's already made. If she was asking for advice
on her position, the extreme answer - divorce - is not the best thing
to shout out. The more apt cliché is the one about someone else's
moccasins.


--


Tony Cooper
Orlando, FL

In article ,
says...

wrote in message ...
gold also stand the chance to appreciate, where the paper money will not...........



Gold also has the chance to depreciate.


Paper cash is guaranteed to depreciate in basic value. It takes
decades to get any collectable value, and that isn't assured at
all.


--
Get Credit Where Credit Is Due
http://www.cardreport.com/
Credit Tools, Reference, and Forum

On Feb 28, 2:47 pm, "Happy" wrote:
On Feb 28, 12:08 am, "Richard L. Hall" wrote:

You can buy a safe for anywhere from $50 to a few hundred dollars which will
keep the money safe from a fire.

Richard: I agree that a fire-proof safe sounds like a good idea. In
fact, it was my first inclination. But some web sites criticized what
they consider many people's overconfidence in the fire-proof aspect,
because, they said, most fire-proof safes, if in intense heat, cannot
guard many materials within from burning (certainly not paper). Some
special safes have insulation to prevent this, but there is not a
great deal of agreement about how much is sufficient and which brands
are reliable. Unless you know something about these safes and can
give me some guidance here, well then, I guess it's back to the
ground. Thanks for your help. Happy

Yes, one is a fire resistant safe and the other is fire proof. The
fire resistant safe will not protect paper very long, a fire proof
safe will, however, these will not cost $50, more like $600 for a
small one and weigh 200 + lbs. One must be very careful with the fire
proof safes. They are larger than you think, should only be placed in
a ground level floor. This makes the delivery of one extremely
difficult if you're trying to "hide it". It's not something you can
just go pick up at a store.

I haven't read the whole thread as yet but my first reaction would be to use
one of the vacuum bag things that suck the air out of the bag then seal it.
That would take care of moisture and then you could seal it up in some sort
of polypropylene container (inert to soil, moisture and most chemicals)
BUT
If a Jericho type catechism were to happen that $50 Grand would barely buy
you a loaf of bread.
Diamonds are a false value as there worth is artificially set by DeBeers.
But Gold and Silver will always have value. In the above type of event you
will take a hit with what you pay for it when it went in to the ground but
it will have value.
I think you would be better off by storing dry goods and basic staples. I
had a Mormon friend when I was in the service and his church (He Said)
required every one to store at least 7 years worth of basic supplies.

Frankly if the balloon goes up I think I'll try kissing my a** goodbye.

Don

On Feb 28, 10:57 am, "jim menning" wrote:
wrote in ...
gold also stand the chance to appreciate, where the paper money will not...........

Gold also has the chance to depreciate.

Offhand, I'd say it has a very good chance to depreciate over the mid-
term.
The run up in the last year or so is not going to last.
I predict $500.00 oz by this time next year.

On Feb 28, 12:59 am, "Happy" wrote:
Personally, I think you are F.O.S.

Bob

Well, Bob, if F.O.S. means what I think, then I don't think you are
very nice. My inheritance is from my mother and is not taxable. The
money is now in cash , and my husband and his family would take it
away from me if they knew it existed. I have 2 very sweet children
who need occasional help with rent and college tuition. They manage
pretty well, but costs are high, and a discrete helping hand will
ensure their getting their diplomas. One will get a physics RA or TA,

Put the money in an irrevocable trust for the kids. If you're worried
about them blowing it, make it a "spendthrift" trust".
But your marriage must really be intolerable!

On Feb 28, 1:27 pm, MDB wrote:
When you see someone walking towards a big hole in the ground - do you
yell out and warn someone of what they are about to walk into or do you
stand there and say nothing?

That would all depend upon who was going to walk into the hole!