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To: Dilbert San Diego
Investing might be tough, because banks report cash deposits of $10,000 or more to the government. At some point, someone, somewhere , will start asking questions about where that cash came from.

A single deposit *might* pass as not being noteworthy. Multiple deposits would set off alarms.

I always wondered what I would do if I found and kept a large amount of money. Just make small to modest cash purchases for the rest of my life?

21 posted on 11/24/2018 10:00:57 AM PST by CatOwner
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To: CatOwner

Not that i’ve Thought about this or went through a cash horde, but what you do is maintain your same life style and pay as much as you can with cash.

Buying gas, fill it up. Pay cash.

Groceries, pay cash.

Paying off a store credit card, go to the store...pay cash.

You’d be surprised what a pain in the neck it is to pay cash these days.


50 posted on 11/24/2018 12:36:02 PM PST by Vermont Lt
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