Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • FatherAbraham
    • By FatherAbraham 15th Jul 17, 10:23 PM
    • 737Posts
    • 561Thanks
    FatherAbraham
    On Burying Treasure
    • #1
    • 15th Jul 17, 10:23 PM
    On Burying Treasure 15th Jul 17 at 10:23 PM
    I want to stash some cash, about a month's net salary, in a safe place, so that, if I become a fugitive, I can retrieve the assets.

    Clearly, I need to hide the money away from my residence/land, so presumably on land which I don't own.

    Has anyone got any useful advice on maximizing the security and availability of hidden physical-asset stashes? Burying treasure seems to be a lost art these days.

    Warmest regards,
    FA
    Last edited by FatherAbraham; 15-07-2017 at 10:32 PM.
Page 5
    • TrustyOven
    • By TrustyOven 25th Jul 17, 1:17 PM
    • 628 Posts
    • 653 Thanks
    TrustyOven
    Rather than looking for ideas to bury money in the event of a zombie apocalypse, perhaps FA should be seeking some psychological help? in all my time I have never heard of anyone wanting to bury money in case they became a fugitive and escaped the law. That's a level of paranoia that probably needs specialist help...
    Originally posted by Gadfium
    That's probably the kind of thing Hans Reiser did before he murdered his wife. He apparently bought books on how murders are solved / forensic science, just after he did the deed.
    Last edited by TrustyOven; 25-07-2017 at 1:23 PM.
    Goals
    Save £12k in 2017 #016 (£4212.06 / £10k) (42.12%)
    Save £12k in 2016 #041 (£4558.28 / £6k) (75.97%)
    Save £12k in 2014 #192 (£4115.62 / £5k) (82.3%)
    • Malthusian
    • By Malthusian 25th Jul 17, 2:26 PM
    • 3,077 Posts
    • 4,470 Thanks
    Malthusian
    That's probably the kind of thing Hans Reiser did before he murdered his wife. He apparently bought books on how murders are solved / forensic science, just after he did the deed.
    Originally posted by TrustyOven
    Which were found by the police, and helped to convict him. So a fat lot of good they did him.

    This illustrates that if you want to get away with murdering your ex-wife, or some other serious crime, a much better solution than burying cash to fund your escape, or buying books on how to avoid detection, is to not murder her.
  • jamesd
    No, the idea of doing anything else looks even more daft, because if the police don't even suspect you of committing a crime then there's nothing to stop you walking into the nearest police station and asking for their protection. Now, sadly we all know the police are a bit useless at that, but even if they refuse to do anything, you don't need to go home and wait to become a victim. If it's not the entire machinery of the state chasing you but a single man or group, there is nothing to stop you fleeing to a friend or a relative or a random AirBNB and carrying on using your credit cards and online banking.
    Originally posted by Malthusian
    Many years ago I had the experience of being the victim of a set up low speed car accident where two of those involved were walking in front of and behind me to keep me in the correct target zone. The group had also done things like bugging a place where I was living and getting members employed in relevant jobs to help them achieve their objectives, to which I was only peripherally relevant. The police were very well aware of this group and me. The group was very senior political refugees and their former professional support staff, with police and other relevant experience of their own.

    The police knowledge probably constrained what they would do in my case but there can be some very serious and capable non-official actors where just living in a random AirBNB or with a relative would not be sufficient. Or harmful, my experience with this group included a couple of people of the right racial profile following me a hundred plus miles of a train journey to my parents' home. By that point they stood out like sore thumbs due to the changing character of the riders and left the train.

    I was rather more comfortable living abroad for a decade or so after that. Imperfect but they didn't have any particularly strong animus towards me.

    Nothing legally wrong for me there, in fact an individual I believed to be an undercover officer suggested that I apply for a government job I'd been indirectly tested for a while earlier. I declined.
    Last edited by jamesd; 30-07-2017 at 11:52 AM.
    • Malthusian
    • By Malthusian 31st Jul 17, 11:10 AM
    • 3,077 Posts
    • 4,470 Thanks
    Malthusian
    A fascinating story - but despite the very well-connected nature of the conspiracy that was targeting you, they couldn't do anything to stop you using your bank cards, and I assume you had no need of buried treasure to escape them.

    My reference to random airBNBs was in response to the "murderous ex-husband" scenario.
  • jamesd
    Card use can be tracked and given their record of getting people hired into useful to them jobs I wouldn't want to be using a card that might disclose my location. During the relevant time I once had reason to think it desirable not to potentially have my location be more precisely discoverable that way and travelled a fair distance to avoid the possibility when I wanted some cash. Today I'd also be leaving my mobile phone behind, given the very wide availability of tools that allow tracking of a phone's location by anyone with enough money to spend.

    So yes, if I wanted to hide from such a group I'd be obliged to almost immediately stop using any existing bank or credit accounts. Buried treasure not in a location I was known to have frequented would be useful.

    Known to have frequented would also be a potential risk to buried treasure since at times their activities included following me around.
    Last edited by jamesd; 01-08-2017 at 5:03 AM.
    • Malthusian
    • By Malthusian 1st Aug 17, 9:27 AM
    • 3,077 Posts
    • 4,470 Thanks
    Malthusian
    Fair point. But that leads us inexorably back to the central problem with buried treasure - if you don't frequent that location to check on your treasure, how do you know the hole isn't about to collapse, or be flooded by rising water table, or have a public lavatory built on it (ok, so unlike in Private Schulz's day nobody builds public lavatories, but something of the kind). And as you say, if you frequent it you raise the risk of discovery.

    If I was in your situation I would do - pretty much exactly what you did, withdraw money well away from where I could be found, and get abroad as soon as possible. If I was so closely watched that I couldn't even withdraw cash at an anonymous ATM safely, I would raid bins or shoplift. Hopelessly addled drug addicts manage to survive on the streets without the benefit of a few thousand in cash, you'd've thought the kind of capable individuals on this forum would be able to do the same.

    The amount you are going to bury in a hole in the ground should be proportionate to the chance of anything like this happening, which is virtually nil; put another way, it would be daft to bury an amount that I would miss if it was dug up or destroyed. So going by my assets, a few hundred at most. Which, if it came to that, wouldn't even be worth the risk it would pose to retrieve. So I will stick to relying on my wits, which are far more valuable in a crisis than anything I could bury in a hole.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

2,788Posts Today

6,696Users online

Martin's Twitter
  • RT @LordsEconCom: On Tuesday Martin Lewis, Hannah Morrish & Shakira Martin gave evidence to the Cttee. Read the full transcript here: https?

  • Ta ta for now. Half term's starting, so I'm exchanging my MoneySavingExpert hat for one that says Daddy in big letters. See you in a week.

  • RT @thismorning: Can @MartinSLewis' deals save YOU cash? ???? https://t.co/igbHCwzeiN

  • Follow Martin