Keep it Safe in a Safe
My husband was telling me that he heard on television that the sales of safes has risen in the past few weeks. I would guess so, with the economy in such bad shape, people are making changes to protect their hard earned money. We all hear people talk about putting their money under their mattress. I would guess that many are taking their money out of the bank and putting it in a safe in their home. I can’t say that I blame them.
It would be a good time to be in the safe manufacturing business. I had no idea there are so many manufacturers of safes. There are the Brown Safe Co., Adesco Safe Mfg. Co., Cincy Safe Co., Lockmasters, Inc. to name just a few. The only one I recognized on the list was the Diebold Safe Company. I went to their website to see if they had any news about sales of safes increasing. I didn’t see any articles but I noticed that their stock has dropped. I wonder if they keep their money in the bank.
Posted: October 11th, 2008 under economy.
Comments: 2
Comments
Comment from A Grateful Heart
Time: October 12, 2008, 5:32 pm
it’s really sad… even the gold stock is down:(
A Grateful Hearts last blog post..Photo Hunt "Lazy"
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Comment from Cynthia
Time: October 12, 2008, 11:39 am
I heard this on the news too… I think it was NPR. Interesting that safe’s are so popular! But I’m not ready to go pull my money out of the bank (not that I have much in there, lol) and put it in a safe. Not yet!