We often keep our liquid assets at home thinking that they are not safe in the bank. We also keep cash and other valuables in our cabinets or our wardrobe. There is always a greater chance of burglary and your assets being destroyed in case of any disaster. For those who have collectibles, gems, precious metals or even cash at home, it is essential for them to know how to keep them safe. Ted Bauman who is an editor with the Banyan Hill Publishing writes articles for the publishing on topics that will benefit the people from the ground up. He offers some excellent tips for people to secure their liquid assets so that they do not lose them.
Ted Bauman believes it is a great idea to invest in the highly customized safe box for the home. One should pick a safe box that can be mounted to the ground or any wardrobe so that they cannot be stolen easily. Also, they should be waterproof as well as fireproof so that its content is not destroyed if something happens. If one is not comfortable with a safe box in the house, it is also possible to hire a safe deposit box in the bank. They will be locked away in a secured place, but one can use them when they like. Another option is to hire a safe deposit box at any of the foreign banks. Other option that people have is to hire a vault that is not under any financial institution. One needs to ensure that they do proper research to know which option is best for them.
As Buffett and Dimon note, fewer corporations mean fewer opportunities for profitable investment for everyone except deep-pocketed venture capitalists. It’s another reason why income and wealth has become so unequal in the U.S.https://t.co/q4jh77Msep#Buffet #NASDAQ #SP500 pic.twitter.com/AnjwYkI44F
— Ted Bauman Guru (@TedBaumanGuru) June 11, 2018
Ted Bauman is one of those experts in the financial industry that are working towards the benefit of the common people. Even though he was born in Washington D.C., he went to live in South Africa from where he graduated from the famous University of Cape Town with a degree in History and Economics. He enjoys writing articles for the publishing company because he wants to make a difference in the lives of the people. Ted Bauman picks topics that affect the common people and something that his readers want to learn about. Read more about Ted on Bloomberg.