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+52.3015,387.58
NASDAQ+5.693,502.12
S&P 500+2.871,669.16

Last updated: May 22, 2013: 07:32 AM

Hot Stocks

General Electric

23.66+0.09(+0.38)

Alcoa

8.760.00(0.00)

Apple Inc

439.66-3.27(-0.74)

Google Inc 'A'

906.97-1.56(-0.17)

Bank of America

13.44-0.07(-0.52)

Wal-Mart Stores

77.39-0.01(-0.01)

Exxon Mobil Corp

92.80+0.28(+0.30)

Ford

14.95-0.10(-0.66)

Citigroup

51.66+0.06(+0.12)

IBM

208.65+1.05(+0.51)

Yahoo

27.00+0.42(+1.58)

Starbucks

64.25+0.42(+0.66)

Microsoft

34.85-0.23(-0.66)

Home Depot

78.71+1.95(+2.54)

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 1369222323317 ms.