A great question from regular reader and all-around good guy Lynn Lane:
Where is the best place to stash extra cash, gold or silver coins? In house in a safe or safety deposit box at the bank?
Lynn, first of all let’s talk about safe deposit boxes…
Although these are good for some things, they are not very useful for emergency cash or survival gold and silver.
Why?
In the event of a financial crisis, it is conceivable that banks could be closed and you might have no access to your assets. And it might be a while before you can get back at them…
So, these emergency items needs to be stored in your home. But they need to be secure in your home. So, your home needs to be secure and protected and the valuables need to be stored intelligently. We will talk in future posts about home security which encompasses at least four major topics for discussion:
In the next week or so, we will talk about each of these topics in greater detail… as we continue to discuss the other items for our 72 Hour Emergency Kit…
Thanks for the great question, Lynn! (and I look forward to discussing personal protection and self defense with you in greater detail with my readers)
PS: The picture is not intended as my recommendation for your home defense! As one astute reader pointed out, this is not likely to pass most Homeowners Associations Bylaws because of the lack of coordinated colors.
{ 19 comments… read them below or add one }
Lots of precautions to think about. Our security is pretty good but if anyone really wants to break in they can. We just don’t make things easy.
Keri Eagan
Alternative*Insight
Secure you home anyway possible. Got it
Jose Escalante
http://www.joseescalante.com
That photo demonstrates a bit more than I was expecting for home security. If I live in a duplex, do I have to barbwire for my downstairs neighbor too.
I agree, no sense keeping valuables with cash value locked in a bank, better off having them closer to home perhaps with an insurance policy.
Katie
There’s a light weight tampered proof box made in Australia which can be mounted on the floor or hidden in a caravan. It cannot be smashed open with a hammer and they have a hand gun version too using the same material, probably for US market as unlike in the States of Amercia, handgun is a rare possession in Australia.
John Ho
Numerology Expert Helps Understanding Personality for Better Influence & Persuasion
I like your analogy to the layered defense, because this is the best way to think about it. I like to make it as difficult as possible to break in and have arranged some very unpleasent surprises for the would be thief.
Steve Chambers, Body Language Speaker
Do you think this would go over well in HOA’s? Like in The OC or anywhere else in The States?
Seriously Rob, that pix is great. It’s just most of us are very restricted (already in a certain prison…) with what is allowed with Home Owner Associations.
Rob, to implement a number of these steps, do you recommend more people own a residence outside of urban areas where we retain more of our liberty to direct the look, feel, and structure of our own property?
I’m just laughing at that illustration, in a good way of course, when I think of every association’s persnickety Association Rules Enforcer. Forget that THAT structure and fencing would NEVER be allowed, oh NO! It’s not painted in one of our “Authorized” colors!
Happy Dating and Relationships,
April Braswell
Single Baby Boomer Dating Success Expert
Rob,
Thanks for taking my question.
Quick Story. A fellow I know put a big heavy gun safe in his home. He reinforced his floor because it was so heavy. He had 6 other guys help him install the safe. He put all of his guns and some extra cash inside. Then went on vacation a few weeks later without telling the neighbors.
He got back a week later..the safe was gone. One of those 6 guys that helped install it may not be his friend
Lynn Lane–>The Warrior Of Success
I agree that having valuables safe gaurded in the home somewhere for emergencies is a must. You can rely on a bank to be open – if the emergency is bad enough the bank employees will be doing the same thing as you – safe guarding there own stuff.
Vicki http://www.bridal-threads.com
Looking forward to the coming posts.
Martin O’Connor
http://smallbusinessdesigncenter.com
My mattress is getting awful hard to sleep on!
Scott Payne
http://www.scottpayne.me
My first line of defense is my dog, the second is my guns.
Robert Martin
http://www.carbuyinghq.om
Whoa, that picture shows some pretty serious home protection – barbed wire and all! I can’t wait to hear about where to actually keep gold and/or silver coins etc. Not that I have any to worry about, but it will be interesting to learn where to keep them.
Lisa McLellan, Child Care Expert
Babysitting Services, Babysitting Tips, Babysitters, Nannies
I figured we would have to keep these things somewhere in the house. I look forward to future security measures including alarm systems and hidden areas. Is that different from a safe room? What measure can one take if we can’t afford a safe room? My understanding is that these rooms are very expensive.
Jennifer Battaglino
The Harwood Group – Tinnitus, Chronic Illness, Fears, and Anxiety
My dog loves everyone so she’s not much defense. She is however good distraction. Looters might forget what they’re after unless they’re high.
That’s my big concern – what the bleep are folks on these days? Even people who are supposedly sane are hopped up on junk. Ordinary people are crazy now. You have to have more firepower than before to knock someone out of the picture if that person is on Meth or other drugs.
Kate
make sure your caliber starts with .4
Size does matter.
Got a laugh out of April’s comments about the HOA self-appointed rules police.
What a show we’d have if, while they’re on vacation, your illustration was implemented around the association grounds.
Martin O’Connor
http://smallbusinessdesigncenter.com
They say “An Englishman’s home is his castle”. Sounds like it needs to be! Now which suit of armour shall I hide the gold in?!
http://www.martin-wright.com
Strategies For Success
Home protection is vital.
Health, Fitness for Working People — Darryl Pace
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