Wednesday, February 18, 2009
Safe and Sound
12 hours ago
cnbc.com
Posted By: Cindy Perman
The Executive Safe-T Bed from Hollandia International has a heavy-duty safe built right into the mattress so paranoid investors can sleep on their cash and other valuables like a dog on his favorite chew toy.
That may have seemed ridiculous a few years ago — why not at least have that money earning 4.5 percent in an online savings account? — but after all the stocks that went poof! and Madoffs that made off with your money, stashing it under your mattress doesn't sound so crazy anymore.
At $20,400, Safe-T doesn’t come cheap, but CEO Avi Barseessat told the New York Times in an interview last year that it’s not just the benefit of knowing where your money is, “you also get a good quality sleep.”
Oh, and it has a flat-screen TV built into the foot of the bed, so theoretically, you could ride out the entire recession … in bed!
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