Ted Bauman’s Tips On Where To Store Your Liquid Assets

When natural disasters hit it can be completely devastating. Not only do people lose all their personal possession, but their financial assets. Do you know how to protect your assets in case a disaster hits your home? This can include fire or flooding. Financial expert Ted Bauman knows a few things about this subject and wants to help. He has spent his life helping those less fortunate via non-profit organizations. Now, with his newsletter The Bauman Letter, Ted helps protect people’s assets from all kinds of situations.

Ted Bauman does not recommend storing your liquid assets at home, and even worse all in one spot. This puts people at risk to lose everything. They can be robbed, water and fire can also destroy their home and precious assets. If you are dead set on having them there, then keep them safe. Ted recommends getting a lock box or home safe to protect them. Make sure the safe can protect your assets from fire and water, so you don’t end up losing them. Ted Bauman recommends this to be a last ditch option though. Putting your assets in a safe financial institution is your best bet. The next step up is at a safe-deposit box at a bank. It’s not perfect, but is better than storing them at home. You can even put them in a foreign safe-deposit box which has better security measures. The best place to store your liquid assets are in an independent vault in the United States or internationally. There are many bonuses to this method. They are not regulated by governments, so your assets cannot be confiscated.

Independent vaults also have another extra layer of security keeping your assets even safer. Ted Bauman is a big advocate about people keeping their assets safe form the government and greedy corporations. This is what he specializes in when it comes to his newsletter. Ted Bauman earned his BS in business administration from The State University of New York. He continued on to get his Master’s degree in finance from Georgia State University. He currently resides in Atlanta, Georgia. Here’s How the Bull Market Dies