PREPARE FOR THE GREATEST DEPRESSION BY LEARNING FROM THE LAST GREAT DEPRESSION
Added 2021-01-22 17:18:24 +0000 UTCPREPARE FOR THE GREATEST DEPRESSION BY LEARNING FROM THE LAST GREAT DEPRESSION. Thank you for joining me today, Many Blessings to all of you and your Families.
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Comments
https://clark.com/personal-finance-credit/banks-banking/safe-deposit-box/ https://www.forbes.com/advisor/banking/what-is-a-safe-deposit-box/ Regarding safe deposit boxes, I used them religiously for several years while I was on Active Duty. Towards the end of my career I began to hear that SDB were not as secure as I had been led to be believe. Due to the economy, starting in 2008 up until the time I got out preparedness folks began to talk about bank runs and closures and that technically you would not have access to your box during a closure. Also from the above 2 links, they give some interesting perspective especially change of ownership in a bank and theft is not covered. Since cash is not insurable by homeowners insurance (to my knowledge), and the bank will not be responsible that would be a risky venture. Anyway, Clark Howard in the above article says he keeps his in a personal safe. Just some thoughts.
Marti Baker Girl
2021-01-22 19:28:28 +0000 UTC
