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DO NOT USE LAME SECURE!!!!
I tried this and it CORRUPTED my entire folder, after looking into I found that this has happend to about 20% of lame secure users at one time or another! Though apple showed some short sitedness when it came to protecting your folders there is a VERY simple and effective method, and get this, it's portable and VERY simple to use/create!
Using a "disc image" you can create an incredibly secure and effective protected file. Using the disc image method you essentially create a hypothetical CD that your computer recognizes and can only be accessed via a pass word. One of the greatest advantages of a disc image is that it can store as many folders as needed and can be emailed/down loaded to a USB or CD and moved to a different computer (and will always need a pass word even if moved). So far I have not found anyway to break into a disc image, making it an awesome way to store confidential word documents, other important passwords and, you know, whatever you like ;-).
-here is a site that will show you how to create a disc image, if it is not completely thorough you can simply google search "mac, creating a disc image" and you will get a bountiful amount of links!
"http://support.apple.com/kb/HT1578"
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