Ted Bauman: A Pioneer in Asset Management and Protection

Ted Bauman lives in Atlanta, Georgia and began working at Banyan Hill Publishing in 2013 and serves as an editor at the company. Ted has spent his life helping people become financially secure and independent from government control. He was born in Washington, D.C. and grew up in Maryland. Mr. Bauman decided to emigrate to South Africa as a young adult. He attended the University of Cape Town and received a postgraduates degree in Economics and History. Ted spent over 25 years of his career in South Africa as an executive primarily in the nonprofit sector. The majority of his work was as a fund manager in low-income projects. Ted Bauman co-founded Slum Dwellers International, which has helped over 14 million underprivileged people in over 30 countries.

Ted Bauman has had his writings published in prestigious journals around the world and he has done writings for the United Nations, the government of South Africa and agencies in Europe. Recently, Ted wrote about how to secure your assets from disaster and financial institutions. He advises not to keep your most valuable possessions in your home and to diversify where you keep your assets. Ted recommends that if you do decide to keep some assets at home, buy a safe or lockbox that is water and fireproof and can be bolted to the floor.

Ted Bauman also advises people to consider a safe deposit box at a bank to secure assets. This is a more secure option than at home, but it does have some disadvantages. You have to insure your valuables because they are not covered by the government or bank. Second, during a financial crisis the government could ordered banks to surrender all safe deposit box assets. This would be unprecedented in the United States, but it has happened in other countries. He feels that storing your valuables in countries like Switzerland are a much better option because it is much more difficult for the government or other entities to gain access to your assets.