Where else can I keep money instead of a bank ?

A question by Jason:   I want to put a couple of thousand dollars away and forget about it, just incase things go wrong and I need money in a ‘serious emergency’ I don’t want to hide it in my home or bury it, it’s ‘Not’ from illegal gains by the way lol?

Answers

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Chrisitn

Buy savings bonds. That’s one way.

Why not a bank? You can certainly open a savings account with that $2K in a bank you don’t use for everyday transactions–and stash the info somewhere you don’t constantly see. OR you can put that money in a short-term Certificate of Deposit–which is not a “liquid” account that you can withdraw from all the time. The CD will pay interest, you can decide once a year or at the end of the term what you want to do with the money, renew the CD or not. .”

Christin

Carlos

buy gold and silver. A bank is just best for many reasons. Tons more secure than most any other option.

Under your mattress, in a wall socket or even buried in your bank yard.

But I keep all my money except maybe $50 in the bank.

The chances of you not being able to access your money at a bank are pretty close to zero.

Carlos

Richard Garcia, Photographe

Go to a broker like Edward Jones, Charles Shwab, etc… open a managed asset account and you can tell them how hunch to keep liquid and so forth.
Managed Asset Account

Anonymous

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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