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Storing money

Vermonster

Active member
find someone who owns a cash bussiness, give them the money and have them cut you a pay check every week till your even or close to even cause why would they do it for free, or loan it out at high intrest rates and collect as needed making sure you get the weekly vig. (intrest) but make sure you have the balls to break some legs if you need otherwise you'll just get robbed. if you do not want to pay taxes, which you cannot do if your realy ballin, then go w/ gold or some other commdity and hide the shit.
 
G

Guest

live frugally and pay your bills w/ cash; then take your legitimate pay and invest. Property is definitely a good idea right now in the US because of the credit crunch and housing market slump. Most premium housing is suffering from about 30% negative equity meaning that if you buy now, by the time the housing market rebounds - est. around 2011 - you'll have 30% positive equity in the house at which time you can sell and recoup your monies; or you could rent it out thus generating more monthly income...

Or you could just bury it in a coffee can 'out back'
 
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Poodo

Member
Coffee Can and a hole in the back yard. There is no way that you have to much money to just bury in the back yard. Or you could buy saving bonds that take time to cash ,but I think you pay like 25$ to get a 50$ bond.If your money can fit in a lock box at the bank it could be in a lock box hidin, in your house check out the stealth grow area. Just fill two Rubbermaid bins stacked on top of each other with the money or you could make a Pc vault out of a tower just make should you use the right size Pc fan jk haha.
 
Read every book that you can google, read between the lines, so what if the books are anti m.l. , there is much to learn from these texts about what not to do and alot about how the pros got caught.
 
Half_Lotus is right on the money... xcuse the pun

Always use any illegitimate cash to pay things like groceries , clothing , restaurant bills , luxury items etc. Basically items where you can pay cash and there is no paper trail back to you. Obviously big line items wont apply , it wont look too kosher if you are buying a jet ski or cartier watch with $15 000 in cash!

Your salary can be used then purely for items which need a legit source of origin. e.g. car payments , mortgage , utility payments etc. :bashhead:
 

vinivici

Member
a few hypothetical suggestions.


use your credit card(s), then get money orders to pay them off. and get the money orders with cash. depending where you are you can get up to 1000 money order no questions asked and no id needed.

this way you can keep your legit money for investing and use your hobby earnings to pay for your daily expenses.

Also you can get prepaid credit cards, i know AMEX (American express) has gift credit cards that work anywhere amex is accepted. Also visa has a gift credit card, as well as a debit that works the same. Most of the time these can be purchased at a western union and more recently I've been seeing them at grocery stores. This is the same idea as using cash but you don't need to be carrying around a wad. also you can make online purchases anonymously.


A suggestion to anyone thinking of buying gold. Todays gold price is 1011 a Ounce thats the highest gold price in over 30 years right now is NOT the time to buy.
 

Ajunta Pall

Member
Too bad the dude who advised people not to buy gold at the time did. Gold's value has risen 20% since the beginning of the year. Hell just Monday or Tuesday of this week, gold closed for the first time over 1000 oz. The dollar's value is dropping right now. Might not be a bad idea to invest in Euros or the British Pound. Or go for oil, or good ol' AB. The King of Beers stock won't be dropping too much anytime soon.

Don't hide it, legitamize it!
 

Julian

Canna Consultant
ICMag Donor
Veteran
DIGITALHIPPY said:
can i get this problem also?
You already have it :smoke:...you just don't know it yet :smoke:

It's in your seed stash :smoke:

Ajunta Pall said:
Too bad the dude who advised people not to buy gold at the time did.

Gold's value has risen 20% since the beginning of the year. Hell just Monday or Tuesday of this week, gold closed for the first time over 1000 oz.
I did advise against, and still do......20%?....

1.Unless your quick on your feet....gold is long term....
2. You never buy anything at a high.....it's part of the game.....
3. Very simply to work the charts......(I do my share myself :smoke:....2% of total daily volume in right place can determine what dailies will look like...and reversal or not.....
4. One should never give in to perfect hindsight.....:smoke:

Besides......20% is nothing......markets right now?.......things doing 20-40% returns daily...(Fuck, Bear Sterns was good for up to 700% in 48hrs this week....) I had like a 38% or whatever day today......(maybe more...I just focus on profit...not stats.....when hits enough to put in my pocket, I take it...)

Game that's going on in markets right now is not what it seems.......

What's taking place is classic "I buy back from you at a low after I scared you into selling for a low in the first place"......

"Average" person?.....

They buy at the high and sell at the low....
 
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FirstTracks

natural medicator
Veteran
Julian's point does hold true. However, many analysts are predicting gold capping out between 1500 and 1600 so there's still time to buy up. One of the big issues though is that the way the FED amd the goverment are manipulating the money supply lately, going on any predictions, even from top analysts, can be a dangerous thing. Gold is a fluctuating commodity, and should be treated as such.

One example.
Don't buy gold during the Indian weeding season, as the price is almost always higher during the season to gold being used in dowlries (i don't think i spelled that right) in tradidional Indian weddings. With a population of around 1bn, India is not an economic force to be ignored.

Another thing about the price of gold.

It does have the potential to climb much higher than previously predicted larely due to the fact that there is a huge market for it in China that has not even ome close to reaching its peak. In other words, Many people in the U.S. stopped buying up gold when it was all confiscated by ?FDR?. but this buying up never stopped in CHina and the market there is basically still emerging.
 

Julian

Canna Consultant
ICMag Donor
Veteran
FirstTracks said:
Julian's point does hold true. However, many analysts are predicting gold capping out between 1500 and 1600 so there's still time to buy up.
So they say........it's an inside game....for every analyst predicting a certain level, their firm is advising their clients to dump prior to that level :smoke:

Get it? :smoke:
It does have the potential to climb much higher than previously predicted larely due to the fact that there is a huge market for it in China that has not even ome close to reaching its peak. In other words, Many people in the U.S. stopped buying up gold when it was all confiscated by ?FDR?. but this buying up never stopped in CHina and the market there is basically still emerging.
See.......my advice against it is for people who are talking storage, hiding assets, etc....

Can trade all day long and make money if one is able and understands.....

Long term storage of excess profits hidden?........

Nah........

It very well may be predicted what it may or may not hit...but, I guarantee.....5+/- years from now....won't be remotely similar :smoke:

Markets very low right now.......and, quite possible a serious turnaround this year...minute there is...guess where that moneys goin? :smoke: (ie: look for a single day with like a serious drop and you won't see it recover when large enough correction.....:smoke:.....)

My eyes are on everything I play real time every moment market is open, sometimes after hours also..........When you follow it close.......the manipulation jumps right out at cha :smoke: very easy to see....

I guarantee.......nothing right now is as it appears........:smoke:

Be very cautious of any analysts calls...:smoke:

(ie: Buy rating?.....sure, it's issued a week after they get all their clients into it already....and dump it on everyone buying on the upgrade :smoke:......built in money machine is what market is to many :smoke:...)
 
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BUDDY BOY

Active member
Tuesday of this week, gold closed for the first time over 1000 oz.

Damn, I remember it was 300 an ounce. Now that a good ROI.

I wish I had that too much money to hide problem..... wow. Like Boston George in Blow.
 

JJScorpio

Thunderstruck
ICMag Donor
Veteran
Listen guys. If you guys want to talk about hiding money because you don't trust banks, that's cool. But we can't have talk going on about laundering illegal money. The Fed's really frown upon that. And we don't want to piss the Fed's off.
 
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