Ted Bauman Offers Some Suggestions Related To Where Investors Should Store Liquid Assets

Ted Bauman is a writer and editor who works with Banyan Hill Publishing to inform investors about low-risk investments and ways they can protect their assets. Looking back on his life, he doesn’t regret ever having to work for fast food restaurants because he learned a lot about being a working-class person during those days. This also gave him insight into society as a whole and how a successful nation takes care of, both, those on the top and the bottom. Ted Bauman was born in Washington, D.C. but moved to South Africa when he was a young man. He earned postgraduate degrees in economics and history from the University of Cape Town in South Africa.

Ted Bauman worked with many nonprofits in South Africa including Habitat for Humanity. He worked with Slum Dwellers International, as well, which helped more than 14 million people. Looking back at his early career, he wishes he would have been a little more productive, but he is definitely making up for that now. His work has been published in a spread of highly-regarded journals, and he has even written for the United Nations. The Bauman Letter is his outlet for helping people to make wise investment choices, and he has reached many aspiring investors there.

Ted Bauman recommends that people keep a store of assets in a place where financial institutions can’t touch them. Instead of storing these in your home, he believes that they should, at minimum, be kept in a safe. A home safe or lockbox should be waterproof and fireproof, and Bauman recommends bolting it down. He suggests that a person’s home isn’t the best place to store wealth, but if someone does store it their, they shouldn’t store all of it in the home. A safe-deposit box is another good place to store liquid assets, but one in Switzerland would be better than one in the United States due to the fact that the government might be able to force these assets to be turned over. The best options, according to Ted Bauman are to keep liquid assets in a vault in the U.S.A. or overseas.

About Ted Bauman: stocktwits.com/tedbauman