Submitted by [deleted] t3_z8ui4o in personalfinance
Baby_Hippos_Swimming t1_iydhqi1 wrote
This might sound nuts but gold and silver might be better. It's not a perfect solution obviously but metals are a little more likely to survive a house fire than paper.
arkie87 t1_iydip3o wrote
paper is flammable. gold isnt. doesn't even oxidize and would have to be like 1000C to melt, and even then, its still usable.
Baby_Hippos_Swimming t1_iydj7yp wrote
Yeah he ought to start converting that cash to gold. If he doesn't trust banks I can't think of a better solution than precious metals.
wilsonhammer t1_iydnhcs wrote
cotton and linen*
boo_boo_kitty_fuckk t1_iyds1kg wrote
This is what I came to say. Honestly, if he's in the "banks are bad" mindset, he's probably open to precious metals as an alternative.
Viewing a single comment thread. View all comments