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This whole rant is mostly fueled by my general mistrust and pure hatred towards bulgarian banks. They've always felt shady to me but the straw that broke this camel's back fell around three years ago. Back then I was happily depositing money in one of them, trusting that when I needed the money they would be readily available. And what do you know, while browsing to buy a plot of land, I liked one. Then I reached an agreement with the seller and we settled for the price, I would pay in cash, we would declare a lower value for the deal when in the notary so I would pay less fees, he would get his money, life would be awesome. The very next day I went to the bank and I said "I want to withdraw all my money." That's when the shitfuckery started. Why do I need the money? I was so annoyed, no one asks me what I go through to make it and not waste it but they dare to ask me what do I need my own money for? As if I need to explain, move on, just withdraw my money and don't ask dumb questions, you're not the revenue agency. It's not as easy as I think, a girl said, they can not issue withdraws of large sums on the same day. Anyway, after a tedious and quite infuriating procedure I got my money and since then I'm not keeping personal funds in a bulgarian bank. For my companies it seems inevitable, even though it's no less irritating that those ticks still get to hold some of my assets.
But then, I started gathering a bunch of paper money at home and that felt rather dumb. So what do I do? I'm pretty averse to risk taking so crypto and stocks weren't and still aren't an option for I have no time nor desire to read and educate myself on trading. Thus I decided I'm going to buy gold, silver and platinum. All well and good, I'm still doing it and it's another issue now, these metals are piling quite fast, mostly because silver is so cheap. And I got me thinking, I might as well bury them in the plot of land I got and not tell anybody, not even my daughter. Not that she's that retarded to dig it herself but I think she's actually retarded enough to spill the beans to some friend and they might get the bright idea and this would needlessly complicate life.
And now, I'm browsing for a service that would notify her if I die and send her coordinates on where to dig. I had in mind something like this: some site sends me email once per month and if I don't reply in two months or something, it would trigger the site to contact my daughter somehow. Turns out such a thing doesn't exist, all I found is such services to notify banks which was quite ironic in my view. Maybe since I'm so old and dumb now, I can't google properly. Does anyone know of such a service? In the end, if it's not available, I'm going to hire some coder to write a script, it doesn't seem that complicated.
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I know too little about Bulgarian law. But problems listed in 2nd paragraph. Consult a professional? buy more expensive less volume metal that can fit in a safe and management is easier for trust and wills and such. Risk wise, extremely diverse index funds are very risk averse. You can even have layers of those that hedges each other. Beyond just 1 layer of diversification. 1st layer, standard, one that that when tech sector goes down it goes up, and a tech index one. 2nd layer, one that shorts the entire market, this one will lose a little money over time when things are okay, but essentially an insurance policy should market crashes big it catches the fall and cashes in big. This in US is a multi-system strategy and you can tailor to your particular risk tolerance. I don't know how local and larger government bonds work over there. Each of those can be thought of systems that you can add to the portfolio.
Hiding silver in the backyard... okay, so your death triggers the reveal of the location to your daughter, so that means the location has to be given to someone right now right? whether it is for them to encode or w/e. But then your initial problem of "her friends gets the wise idea" surfaces, what if this person decides to tell his/her own friends? what if the lawyer of the will decides to tell his or her own friends. W/E service provide you even find you can't trust for the same reason you can't trust your daughter, there is 0 check and balance, probably the reason such service can't exist. So then you have to program the coded message yourself and instruct your daughter how to decode it upon your death. But what if she doesn't or doesn't realize the importance of it, so you have to tell her it is important or that it relates to fortune, which then she might relay the info to her friends, who then looks at what you gave her, decodes the information via hacker (AI is getting more and more advanced exponentially doesn't help) and it doesn't take a genius to guess where a bank averse person would hide the valuables, either a safe in house or somewhere in newly purchased land...
And it's not like you can hold off on not telling your daughter anything since you might get into an accident tomorrow. But anything you do tell your daughter, however limited, if she has enough info to use it to get the precious metals, her friends can. Any service provider or any coder that writes any script can and when they do take or rob the metal there is nothing you can do...if you hire me (say I'm a greedy person) and I wrote one that auto reveals w/e at time of your demise, why the f would I not write it in a way that just reveals it to me or to my friend earlier, or 100 other ways to screw your fortune over.
Banks are shitty yes, but the gold in my own jar and money in my mattress is the reason they first come to existence, as a necessity.
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Ah, banks didn't come into existence so that people might stop hiding their money but you raise a bunch of valid points and I'm even more concerned now. But I think I have my solution. First, a couple of clarifications.
Well, as for bulgarian banks and law, it's all pretty arbitrary and quite unreliable. Just one example, since I'm done with the container house project on the above mentioned plot of land, I again have some money to throw around. And it recently dawned on me that it would be fun to try and import some soju and sell it here because bulgarians are notorious squanderers and drunkards on top of that, it's astounding really, only a few other nations I've seen waste money with such little regard - Americans, Koreans, Kenyans, Argentinians and Bulgarians, that's it. So I took it upon myself, I did the new vat company, I registered with the customs and it all went rather smoothly, not having to bribe even a single person along the way. At the same time a customer of mine told me how they can not smoothly import clothes of all things, pure clothes are being held in customs for months now for some ridiculous reasons and I had the luck to import a good amount of excise goods just like that. Why is that? Only because the customs officer I got assigned with is nice and doesn't extort money from me. This was all random, who I get assigned with I have no choice in the matter.
Moving on, see, that part where you explain the investment strategy and it's looking sound, yet even this short text is by necessity full of technical terms that are quite exhausting to my secular mind and they stomp any desire from my side to learn about them. I realize that's my problem, not the situation itself but I'd rather try and find a workaround than study this tasteless matter. And I think I succeeded. Last night I dabbled with the trusty chatgpt 4, I explained the core of the problem and asked it to write a python script that would send me emails monthly and if it doesn't receive a response, to send it to my daughter. It did write it, now I just need to tweak it a little, compile it and put it on an actual physical server with internet so it can start doing it's job.
Thanks for your input, I appreciate it and I wish you luck in your endeavors.
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Stupid question, but can't you just put the coordinates in a sealed envelope, and write a will with a notary for that envelope to be given to your daughter upon your death?
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I don't think so, wills are easily appealed in Bulgaria and also you never know, the notary is highly likely to be a fraud, he might never tell the receiver that there's something to receive. There has been numerous cases of fraud and embezzlement of real estates and vast amounts of money involving notaries. Their whole group is compromised, I think they lack integrity and should not be trusted with anything other than simply witnessing real estate deals.
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You can put the gold in your teeth and upon death have yourself cremated, and when they give the remains to your daughter the gold will be in it.
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It doesn't seem super complex to set this up, and almost certainly can be fully automated if Bulgaria has some way of exposing death certificates online: set up an app that once a month scans the death certificates for yours. If it's there, it sends an email to your daughter with the coordinates. Alternatively, you need to send an email with the word "banana" in it to reset a timer. if the timer reaches a year, it sends the email wiht cooordinates to your daughter.
The problem is managing this service. It'll need maintenance. For starters, if the server goes down, someone needs to restart it. That needs to happen regardless of whether you are alive or dead. You'll also have to ensure that whatever contact info is something your daughter is actually using. Doesn't help sending her an email, if she never looks at her email. You'll need to send her a DM on instagram or some such nonsense. And it'll have to be updated when instagram goes out of fashion and it's neuralink inbox or something. I don't know that there are managed services that do this for you.
I maintain that having a will is the tried and tested way to do this. Also worth noting that this seems like a method to evade inheritance tax. The bulgarian authorities will no doubt not like this, regardless of how you let your daughter know to go and dig up a treasure in the forest somewhere.
Navane's method will probably work too, but is rather macabre, likely to give your daughter a trauma, and won't work for large amounts of gold.
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Hello neighbour from Bulgaria 
You say: " I started gathering a bunch of paper money at home and that felt rather dumb". Why ? Why are you feeling dumb if you have cash at your home ?? There is nothing wrong with this..
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It's just paper money tends to lose value over time, that's the nature of it. While metals and land tend to gain, albeit slower than other investments but I have strong aversion towards risk. In the sense that I don't necessarily need to make more money than I do now, however I don't like it when something that I'm trading my living time for goes to waste and simply erodes because of negligence. I hope I make sense.
Anyway, my dilemma is settled, someone will develop a script and it's needed for like, let's say a few years, no more than ten. My daughter is 14 now, soon to be 15 so when she's an actual developed adult and can find her ass without a fucking google map, I might as well just tell her where the stash is. This or I'll just start frequenting Las Vegas, that'll teach her. 
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Don't password vaults like 1password and Keepass offer ways to store non-login information as well, fully encrypted? They usually have a recovery mechanism, to allow next of kin to access things like email etc when you die. You could store the coordinates there.
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Isn't it a bit of an overreaction that a bank was hesitant to give you all your money right then and there, and for you then to have to set up this really elaborate scheme of buying gold and silver and all the risks that come with it? What if you set up a website, and then that website goes down and never sends that email? What if your daughter doesn't get it? What if she doesn't recognize its significance?
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On May 24 2024 18:38 Heartland wrote:
Isn't it a bit of an overreaction that a bank was hesitant to give you all your money right then and there, and for you then to have to set up this really elaborate scheme of buying gold and silver and all the risks that come with it?
I'm perfectly fine with having all the risk if in exchange I will be able to govern my assets at will. However, I'm really touchy when all the banks are infringing on my freedom of choice of when and if I want to use my money and in exchange I get some alleged safety.
And I don't think it's an overreaction, the ability of being able to do whatever with things I own is indispensable. I think if far outweighs the benefits, if any, a bank offers. For what do they offer me? I can't withdraw at will, I can't spend at will, I can't decide at 3 am "Hey, tomorrow morning I wanna buy X thing for say 3000 euro." Oh, my money is safe. Yes, safe as in inaccessible. I suppose other banks are working differently but bulgarian ones are beyond ridiculous.
On May 24 2024 18:38 Heartland wrote:
What if you set up a website, and then that website goes down and never sends that email? What if your daughter doesn't get it? What if she doesn't recognize its significance?
Those are all valid points and I need to consider them.
I figured I will most likely need a dedicated server and it's a good thing they're quite affordable. Thus I will make sure she's going to get the message. As for its significance, I already told her I have planned this whole thing and that if I suddenly die, she will receive some information. She told me to fuck off, of course, what else would she say?
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On May 25 2024 17:52 JoinTheRain wrote:Show nested quote +On May 24 2024 18:38 Heartland wrote:
Isn't it a bit of an overreaction that a bank was hesitant to give you all your money right then and there, and for you then to have to set up this really elaborate scheme of buying gold and silver and all the risks that come with it? I'm perfectly fine with having all the risk if in exchange I will be able to govern my assets at will. However, I'm really touchy when all the banks are infringing on my freedom of choice of when and if I want to use my money and in exchange I get some alleged safety. And I don't think it's an overreaction, the ability of being able to do whatever with things I own is indispensable. I think if far outweighs the benefits, if any, a bank offers. For what do they offer me? I can't withdraw at will, I can't spend at will, I can't decide at 3 am "Hey, tomorrow morning I wanna buy X thing for say 3000 euro." Oh, my money is safe. Yes, safe as in inaccessible. I suppose other banks are working differently but bulgarian ones are beyond ridiculous. Show nested quote +On May 24 2024 18:38 Heartland wrote:
What if you set up a website, and then that website goes down and never sends that email? What if your daughter doesn't get it? What if she doesn't recognize its significance? Those are all valid points and I need to consider them. I figured I will most likely need a dedicated server and it's a good thing they're quite affordable. Thus I will make sure she's going to get the message. As for its significance, I already told her I have planned this whole thing and that if I suddenly die, she will receive some information. She told me to fuck off, of course, what else would she say?
I think the obvious difference is that those 3000 euros, or your entire life savings of whatever amount, is actually in the bank and that you are sure that you can access them even if it is not right away. This means that they're safe, they won't burn down with your house, be stolen by someone and disappear and - most importantly - it means that they won't just lie around when you die, hidden in an alcove in your house or buried in your yard. That means that when you die, your kid is going to go through all the usual motions that someone goes through when a parent dies which is to identify that money you have in the bank and go through the process of getting their inheritance. Are there all sorts of annoying hoops with that? Sure. Is that maybe worse in Bulgaria then elsewhere? Yes. But is that far, far more a certain thing that will happen than burying money somewhere and hoping that it is still there when you die and that your daughter will be able to access it? Yes. On the one hand you have a challenge that the bank is a bit annoying with withdrawing money, sure, that sucks. On the other hand, you have the chance that your daughter will never get her inheritance which might affect her, and possibly your future grandchildren, badly. For me, the choice would be easy.
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EPT
