American Eagle Gold Bullion Coin BasicsApril 3, 2020
If you own a home and do not have a security safe, you should highly consider purchasing one. The investment you put into your purchase can give you peace of mind and could in the long run save you from unnecessary misfortune. Choosing a fireproof safe is generally recommended, as they provide added security and protection from fire. There are a variety of types of fireproof safes ranging from small portable ones right up to large cabinets. No matter which you choose, a safe can be placed just about anywhere in the home. Let’s take a look at some of the compelling reasons to make such an investment.
Just how safe IS your Safe deposit box for sale? Sure, it’s in a bank….but banks get robbed all the time. Sometimes robbers go straight to the deposit boxes because they know that’s where the good stuff is. After all, it’s hard to walk out of a bank with huge bags of cash (those things are incredibly heavy!), but if they can walk out with a handful of diamonds that may be worth millions of dollars…well, you get the idea.
People look to secure their money by investing with a small return, if possible. So in a deflationary environment, the options are gold and government bonds. The precious metal is an option because it is real money and the bonds are an alternative if the government’s finances are secure.
Your assets are also known as your “estate.” The Federal Government assesses an Estate Tax on estates. Most estates will not be taxed as they will be under the minimum asset value for the tax. In 2007 and 2008, only the portion of an estate over $2 million is subject to federal estate tax. The threshold rises to $3.5 million in 2009 before the tax disappears in 2010. But estate planning is not just for tax treatment. Your estate planning is essential for protecting you and your loved ones.
It is advisable to stay away from gold jewelery. Jewelery, unlike gold bullion, loses value. The longer you have it and the more you wear it, the less it is worth. It may look pretty but you will lose money.
OEmergency Contact Card – On a business card size piece of paper, type the names and numbers of two different people you would like to be contacted in the event of an emergency. Have it laminated and keep it behind your Driver’s License or ID. If you were to be in an accident, the police and hospital would know who to call.
Traveling overseas requires extra attention to security. You should “sterilize” your luggage by removing all logos, stickers and claim checks that will identify you as an American. Limit your exposure time in airports by arriving with just enough time to check your bags and get through the metal detectors about ten minutes before boarding the plane. When traveling in any foreign country, maintain a low profile. Avoid large crowds and groups of tourists as they are considered easy targets by terrorists. Try to observe local customs with regard to dress, behavior, etc., and be a polite, considerate guest.