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The worst place to hide money? Ask a burglar

fridge: good for magnets, not for valuablesNot long after his interview with a burglar on the best place to hide money in your home, the editor of PF Advice ran into this very same thief at, of all places, a cocktail party. Who invited the burglar, I don't know. But eager for a follow-up to this very popular feature -- which brought out the Dirty Harry in some of our BloggingStocks readers -- and holding tight onto his wallet, the editor convinced the man to divulge further secrets of the Fraternal Order of Burglars.

Specifically he wondered, since we already know the best place to hide money (answer: a Mr. Potato Head), what's the worst place?

"Ninety-nine percent of the burglars on the street aren't like the ones you see in the movies where stealing is their chosen profession," says the burglar. "They are motivated by more sinister reasons. They are part of organized crime, they are part of a gang or, as in my case at the time, they are drug addicts."

Now I feel better. But his point, of course, is that these chemically dependent prowlers have a very different sense of the term "valuables," and that you should "think like a burglar" before hiding your money in a spot where he's most likely to look for drugs. "All burglars have habits," he continues, "and there were certain places I always checked for a specific reason -- I was a drug addict. I'm sure that other burglars have their particular search areas beyond the obvious drawers and closets, but I bet that most search these areas, too."

So that you never have your money mistaken for a bag of hash, here are the burglar's top five places not to hide your valuables:

Continue reading The worst place to hide money? Ask a burglar

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Last updated: November 11, 2009: 08:34 PM

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