Search / 5 posts tagged safe deposit box

For many people, a safe deposit box at the bank is the place to put all of your most important papers, cash, and other things you simply can not afford to lose. However, have you ever really contemplated the safety aspect of the safe deposit box? It may not be that safe at all.

For many of us, saving is something that we always plan to do, but never quite get around to it. The bottom line is, if you don’t have a savings account and a regular plan for putting money aside, you may regret it in the future, especially as you get closer to retirement.

Your safety deposit box may not be as safe as you think, as explained by an ABC News story I came across earlier today.  Banks are required by law to hand over unclaimed property such as the contents of safety deposit boxes, forgotten security deposits, and other unclaimed financial property to state

States Seize Citizens’ Property to Balance Their Budgets Posted on May 12th, 2008 by blogger The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they’re supposed to safeguard for their citizens.

Buying golds as long-term strategy 0 BY DAVID RANII Raleigh (N.C.) News & Observer Gold comes in a variety of flavors when it comes to investing. You can buy the metal itself — gold coins and gold bullion. You can buy shares of individual gold-mining companies, or mutual funds that invest in a slew of mining businesses.