Your idea is not bad. An other solution would be Evernote (online synchronization and the encryption of sensitive information). Or you can simply organize your digital documents, notes, etc. in folders then archive and password protect it with zip or rar archivers and put the package in dropbox. Truecrypt is the safest but a bit complicated method. I would never put personal info in the cloud unencrypted. Always make backups of your data. Take care.
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