We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Where could you store millions safely?
Comments
-
My mattress, if you get stuck.
0 -
If I had a few hundred million or a few billions, I'd most certainly stash most of it in Switzerland's banks, and Lichtenstein - the latter being a very secretive place where BIG accounts are held for the ultra-rich. Those banks have so much capital that they would be the very last to topple after Armageddon.Be careful who you open up to. Today it's ears, tomorrow it's mouth.0
-
well you've ruined it for the rest of us now.If I had a few hundred million or a few billions, I'd most certainly stash most of it in Switzerland's banks, and Lichtenstein - the latter being a very secretive place where BIG accounts are held for the ultra-rich. Those banks have so much capital that they would be the very last to topple after Armageddon.
the run on bank-von-ernst.li has begun.
can anyone else log in?
"Maintenance
We are processing to a temporary maintenance on this website.
Please try to connect later on.
Sorry for any inconvenience.
Site en maintenance
Ce site est temporairement en cours de maintenance.
Essayez de vous connecter ult!rieurement.
Merci de votre compr!hension.""0 -
Diversification is the key. If you have enough money, you are able to have holdings in tax havens. You would have some holdings in equities, bonds, commodities, venture capital, property, antiques, fine art, rare coins and stamps. And you are practically immune from any fluctuations. You will also be rich enough to afford experts to advise you what to do with your money and run it all for you.
Don't worry about the folks on the hill. I'm wondering if any of them have noticed the Credit Crunch.In the field of investment, 99 per cent of everything is garbage. Why? Because we have "gearing". - Robert Beckman0 -
well you've ruined it for the rest of us now.
the run on bank-von-ernst.li has begun.
can anyone else log in?
.""
:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.0 -
If I won 7m on the lottery I'd split it up into 14 banks with 500k each. If one of the banks went bust I'd still have 6.5m :rolleyes:0
-
There was an article in the Telegraph recently - it seems that people with large balances are being offered better rates to keep their money in...LINK.0
-
I agree with the posts regarding stuffing your money into commodities.
I hear quite a lot of people are buying gold with their money at the moment.0 -
6 numbers one Saturday and I'll need some help with the windfall, I can keep on dreaming for another weekend.:beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards