Episode 653: “If you’re going to store gold and other extremely valuable parts of your wealth, where is the safest vault or place to store it?”

Today’s episode was recorded in my hotel during a recent stay in Bangkok. Recently, I made a request on Facebook for people to send in questions for me to answer about your business. I received some good ones and I have recorded some of those for you. For today’s question, Tigh wants to know where is the best place to store gold or other valuable parts of your wealth.

I talk about some of the different wealth class options you have if you want to take your cash and invest it in something that will appreciate, such as precious metals, art or other tangible, portable and storable items.

I discuss the options you have for storage, such as bank safety deposit boxes or private vault storage companies and add that I like to consider storage options where I have anonymity for my investments.

I explain that storage options are varied in price according to location, size, and especially how extensive the security is; and you will want to evaluate what your needs are before selecting the appropriate option for yourself in order to have the best protection possible.

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