There are many different places you can store your assets in order to keep them safe, says Ted Bauman. For example, a popular way to store some of your most valuable assets would be to store them at your home in a safe that is waterproof.
You can also put your assets into a safe deposit box at the bank. The only problem with this method is that they are not going to be insured by the FDIC. In Greece, during the recent economic disaster, the government forced many banks to give over some of their money. Ted Bauman does not see any signs of this happening in the United States anytime soon, but he does say that it goes to show that it is not a foolproof method. However, the advantage of this is that it is going to be safer than keeping it in a safe at your home while it is also going to be very easy to access it at any time you may wish. Visit stocktwits.com to know more.
If you are afraid of putting your money in a bank, where the government can reach it, another option is putting your money into a safe at an independent vault. One the one hand, you need to make sure that you can trust them as much as you can trust the bank. On the other hand, the government has no control over these private companies, unlike banks where they can demand that they hand over their money at any time.
Yet another option, says Ted Bauman, is to put your money into an independent vault which is located in a foreign country. In that case, they will not have to abide by any regulations that the United States government may place into effect in order to control them. Ted Bauman is a firm believer that the government should have no say in what you do with your money or where you put it and that you should try to put your money out of its reach whenever possible. Just make sure you are choosing a reliable company. Read more: http://www.talkmarkets.com/contributor/Ted-Bauman