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re: Physical cash on hand

Posted on 7/3/23 at 8:39 am to
Posted by Jag_Warrior
Virginia
Member since May 2015
4173 posts
Posted on 7/3/23 at 8:39 am to
quote:

$5,000 USD
$1,000 Colombian Peso
$1,000 Euros
Hand gun and AR-15
Gold Coins
USB drive with my babies(BTC)


For the people who live in hurricane, tornado or earthquake zones, I can understand having what seems to be a somewhat excessive amount of cash on hand. But in my mind, and knowing very well how large amounts of cash are viewed by law enforcement, if a person with $50K in cash goes through a checkpoint, it’s doubtful that he’s going to leave with $50K in cash - especially if there’s a firearm onboard (legal or not). I’m sorry to say that some jurisdictions view large amounts of cash as an opportunity to grab & go, and forcing the owner to go to court to get his money back. Not saying that’s right at all… just the way it is in many cases. So I think between fire, theft and whatever else, the OP has probably created a bigger problem than whatever potential solution he thinks that he’s addressing. Just my opinion. And I most certainly wouldn’t be broadcasting all of that info on even the most anonymous message board. But to each his own.

As to your situation, Bama, I’m far from a prepper or even someone who worries about low probability happenings. But I’d say your stash is pretty reasonable, and basically where I am. Only question I have (if you care to address it), being that you live in Colombia(?), how are you legally able to have those firearms? If you work for some sort of security contractor, etc., just say “I got it covered” and we’ll keep it mums the word.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73681 posts
Posted on 7/3/23 at 8:21 pm to
quote:

it’s doubtful that he’s going to leave with $50K in cash - especially if there’s a firearm onboard (legal or not). I’m sorry to say that some jurisdictions view large amounts of cash as an opportunity to grab & go


he definitely won't get through a colombia checkpoint without losing plenty of that cash

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