The best place to hide money? Ask a burglar


When PFadvice.com asked a real-live burglar, "Where is the best place to hide money?" he replied, "a bank." Which should be the final word on the subject. But if you prefer to keep a certain amount of cash handy in case you need to, I don't know, drive to Florida all night wearing a diaper, you need to think like a burglar when choosing where to stash it in your home.

Burglars, according to the interviewee, have two clear objectives: "1. To steal your money and valuables" and "2. To get out of the house as quickly as possible with these goods." So, while you don't want to leave cash in obvious places, an extremely complicated spot could be even worse. "If I can't find money and valuables in the normal places I usually find them," he says. "I would continue to tear the house apart until I found something."

He suggests, then, that you do leave money in obvious places -- cookie jar, drawer by the phone, etc. -- at an amount commensurate with your household. "If you are in an upscale community and only leave $100," he says. "I would assume there is more and keep looking."

His number one choice for a hiding place? A child's toy. For two reasons: (a) because parents don't trust kids with money and (b) because going through a child's toys could take hours.

Therefore, If you're looking for a receptacle in which no burglar would dare stick his hand, I would go no further than an Easy Bake Oven.

B. Brandon Barker is the author of the novel Operation EMU

Reader Comments (Page 1 of 6)

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 13, 2012: 04:22 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

    BioHealth Investor Headlines

    WalletPop Headlines

    DailyFinance BlackBerry App

    My Portfolios

    Track your stocks here!

    Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

    BloggingStocks Partners

    More from AOL Money & Finance

    BioHealth Investor Headlines

    Page Loaded in 1329124945348 ms.