6 Reasons Using a Bank Safe Deposit Box Is Actually Risky

The bank safe deposit box has been romanticized in action movies and political thrillers. Spies and criminals keep money, passports, and valuables in them until needed.

Well, real life is not like the movies.

There are probably 25 million safe deposit boxes in the United States. Banks rent them out on their own terms. There are no federal laws that govern their use. And banks do not have to compensate you if your box is destroyed or if your valuables are stolen.

The average safe deposit box costs about $20 a month to rent. Do you think your $5,000 necklace, watch, or valuable is safe there? Experience shows that your valuables are anything but safe in a standard safe deposit box.

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A smart investor should be prepared for anything. That’s why David Frazier created the Bulletproof Wealth Report. This comprehensive investment service is everything you will need to survive and thrive in the looming meltdown. In other words: It’s how anyone can make their portfolio bulletproof. It’s a mix of fast-growing, leading companies that are the engine of American prosperity. To that he adds a healthy dose of “insurance policies” i.e. stocks and funds that benefit when the next recession strikes. The future favors the prepared. You can be prepared. Not only that — you can profit.
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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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