Money Tips: How Safe Is Your Cash In The Bank?

Heard the story of the man who buried his treasure in the form of tons of currency coins and worked away for years knowing that when it was time for him to retire, he had enough money to see him through his old age.

What actually happened was that by the time he went to fetch it, it was not as much money as it used to be? So what should he have done?

It is quite simple. Wise people convert their cash into precious metals like silver gold and so on. This is a very effective guard against inflation. For instance silver coin would be ideal

One useful company that will help you do this is the Monex Deposit Company (MDC).