Timeline for Is saving money in physical foreign currency a bad idea?

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Dec 25, 2016 at 22:54	comment	added	keshlam		"A fireproof bag" -- emphatically not. To protect paper from a typical house fire you want a fire chest certified to at least the 1-hour-at-1700-degrees level, and for countries which have started using plastic bills you may need a media chest, which is much more expensive per unit volume.
Dec 25, 2016 at 19:36	comment	added	Kat		@user51737 since you're in the United States, the government will guarantee the funds in your account if something happens to the bank. It's much more likely your savings will be lost, destroyed, stolen, etc. if it is at your house. Banks can have some shady practices, it's true, but they are still the safest place to store your savings.
Dec 25, 2016 at 19:01	comment	added	LinuxMan1820		I forgot to add that I don't trust the banks. But yes I thought about some of what you said. Fire risk -> I could get a fireproof bag for cheap on Amazon.
Dec 25, 2016 at 9:26	history	edited	keshlam	CC BY-SA 3.0	deleted 2 characters in body
S Dec 25, 2016 at 9:19	history	suggested	Robert Longson	CC BY-SA 3.0	fixed a couple of typos and reformatted to make points stand out
Dec 25, 2016 at 8:49	review	Suggested edits
S Dec 25, 2016 at 9:19
Dec 25, 2016 at 7:26	history	answered	keshlam	CC BY-SA 3.0