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POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
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Dinar Daily :: THE FAMILY ROOM :: POLLS
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HOW MANY WOULD CASH IT ALL IN AT 1:1 TODAY AND NEVER LOOK BACK
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
payitforward wrote:I got booted tonight and don't know why, can anyone help?
I agree with you, i would get out at 1 to 1 "LOL"
ou812- Elite Member
- Posts : 464
Join date : 2011-12-16
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I'd sell a 1,000,000 and hold the rest until I got a better feel for the situation... Iraq is still the "Wild West" and anything can happen
zonepirate- Forum Fanatic
- Posts : 155
Join date : 2011-07-21
Location : Chattanooga, TN
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
$1 dollar per $1 iqd is good enough for me
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Me too, Punisher. ANY profit is a good investment. I'm not greedy, just a capitalist - I want to capitalize on my investment.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
aksafeone- Super Moderator
- Posts : 4074
Join date : 2011-07-06
Age : 78
Location : Arctic
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
gmahunni wrote:7 freemom, I was just sharing what I would do, definitely not advising anyone else! I have enough accountability dealing with my own decisions...don't want to be responsible for what anyone else does, nor will I judge!
I've prayed long and hard over this investment, and I know that it will take half to cover what I mentioned were top priorities at 1:1. The rest is in His hands, and from my perspective, it's ALL HIS, as we are. <3
Definitely with you on this, gmahunni
7freemom- Elite Member
- Posts : 417
Join date : 2011-10-13
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
aksafeone wrote:Me too, Punisher. ANY profit is a good investment. I'm not greedy, just a capitalist - I want to capitalize on my investment.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
As far as "any profit is a good investment" i have to disagree. I didnt get into this six years
to double triple or even quadruple my investment, I got into it based on the hype, anything less
would be a major disappointment.
ou812- Elite Member
- Posts : 464
Join date : 2011-12-16
Location : New York
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
ou812 wrote:aksafeone wrote:Me too, Punisher. ANY profit is a good investment. I'm not greedy, just a capitalist - I want to capitalize on my investment.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
As far as "any profit is a good investment" i have to disagree. I didnt get into this six years
to double triple or even quadruple my investment, I got into it based on the hype, anything less
would be a major disappointment.
So by hype you mean millionaire status?
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
punisher wrote:ou812 wrote:aksafeone wrote:Me too, Punisher. ANY profit is a good investment. I'm not greedy, just a capitalist - I want to capitalize on my investment.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
As far as "any profit is a good investment" i have to disagree. I didnt get into this six years
to double triple or even quadruple my investment, I got into it based on the hype, anything less
would be a major disappointment.
So by hype you mean millionaire status?
BINGO........
ou812- Elite Member
- Posts : 464
Join date : 2011-12-16
Location : New York
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
ou812 wrote:punisher wrote:ou812 wrote:aksafeone wrote:Me too, Punisher. ANY profit is a good investment. I'm not greedy, just a capitalist - I want to capitalize on my investment.
If wishes were fishes we could all swim - but all I want is for this to RV in the very near future (not much to ask or is it?). GET-R-Done RV.
As far as "any profit is a good investment" i have to disagree. I didnt get into this six years
to double triple or even quadruple my investment, I got into it based on the hype, anything less
would be a major disappointment.
So by hype you mean millionaire status?
BINGO........
ME TOO
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires 100x over while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Last edited by tobiasfunke on Tue Apr 03, 2012 12:24 pm; edited 1 time in total
tobiasfunke- Active Member
- Posts : 74
Join date : 2011-10-10
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Enlighten us fools, how else do you plan on investing in IRAQ?
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
punisher wrote:tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Enlighten us fools, how else do you plan on investing in IRAQ?
Im not calling anyone a fool. Im simply saying that I am not a fool for cashing out at 1:1
tobiasfunke- Active Member
- Posts : 74
Join date : 2011-10-10
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
tobiasfunke wrote:punisher wrote:tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Enlighten us fools, how else do you plan on investing in IRAQ?
Im not calling anyone a fool. Im simply saying that I am not a fool for cashing out at 1:1
Ok, I miss-read what you meant
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
punisher wrote:tobiasfunke wrote:punisher wrote:tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Enlighten us fools, how else do you plan on investing in IRAQ?
Im not calling anyone a fool. Im simply saying that I am not a fool for cashing out at 1:1
Ok, I miss-read what you meant
lol Thank you for asking what I meant instead of just banning me.
tobiasfunke- Active Member
- Posts : 74
Join date : 2011-10-10
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
tobiasfunke wrote:punisher wrote:tobiasfunke wrote:punisher wrote:tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
Enlighten us fools, how else do you plan on investing in IRAQ?
Im not calling anyone a fool. Im simply saying that I am not a fool for cashing out at 1:1
Ok, I miss-read what you meant
lol Thank you for asking what I meant instead of just banning me.
I think the Mods only ban as a last resort.
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Ooooooo we are currently at a stalemate (I think that is the correct term!?)
We are now at 50/50 in this poll.
We are now at 50/50 in this poll.
Catherine- Elite Member
- Posts : 2505
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Age : 63
Location : USA
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Give me a 1 to 1 or even a dime to 1 and I'm good! Blessings to all!!!
jumiss- Active Member
- Posts : 75
Join date : 2011-08-19
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
What it boils down to is: How bad do I need money? Well I need some, but not all, so I voted to cash some out (like 50,000-100,000) just to be sure I get something out of this, and save some for later, "in hopes" it goes higher before I go higher! (getting older!) I would sure hate to see my grown kids benefit and us not!
skappe- Active Member
- Posts : 32
Join date : 2011-07-07
Location : Florida
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires 100x over while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
How else are you planning on investing in Iraq?
On that subject does anyone know who the companies are that are in Iraq right now? Caterpillar and who else?
mr_evans2u- Active Member
- Posts : 90
Join date : 2011-12-09
Location : Oklahoma
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
mr_evans2u wrote:tobiasfunke wrote:amstech wrote:it would be silly and foolish to let it go for 1 to1 when the nation will biblicaly flourish as a monetary empire. We would all be selling short at that rate.
The only thing that is "silly" and "foolish" is to think that IQD is the only way to invest in Iraq.
However most people that have IQD WILL not invest in Iraq in other ways BECAUSE they arent handling THIS as a real investment and they know it. They are content to spend $500 and beg and pray for a $10 exchange rate. They know that if they actually had to make daily decisions they would fail and loss all of they're money. So for someone like that... Yeah it MAY be foolish to cash out.
But for others that have a real plan for Iraq will be multi-millionaires 100x over while you not "foolish" people are waiting to see if the GOI is gonna pass their budget because a guru told you the next RV is in the budget....
Yeah have fun with that. I have money to make.
How else are you planning on investing in Iraq?
On that subject does anyone know who the companies are that are in Iraq right now? Caterpillar and who else?
Go take a look at a chart of the ISX, its in the toilet.
ou812- Elite Member
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Location : New York
Hmm...
jumiss wrote:Give me a 1 to 1 or even a dime to 1 and I'm good! Blessings to all!!!
You must have a LOT of dinar... or live in a very inexpensive state.
db
dbara43- Forum Friend
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I would cash in about half... enough to pay off my house, give some away and set myself up for income... then I'd sit on the rest for a while, reading the scuttlebutt.
I would look at 1:1 as on interim rate, not a final destination. A compromise to get the cash moving around the globe. Having said that, if they were to do a reinstatement (RI) at $3.21 (+20%), I would probably be in the same boat, cash in half, then wait to see what the tea leaves say about a future RV.
I would look at 1:1 as on interim rate, not a final destination. A compromise to get the cash moving around the globe. Having said that, if they were to do a reinstatement (RI) at $3.21 (+20%), I would probably be in the same boat, cash in half, then wait to see what the tea leaves say about a future RV.
dbara43- Forum Friend
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Meant to finish that thought; if it comes in at $4.00 or above, like Jonny's $4.67, I'm all in up front.
db
db
dbara43- Forum Friend
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
dbara43 wrote:I would cash in about half... enough to pay off my house, give some away and set myself up for income... then I'd sit on the rest for a while, reading the scuttlebutt.
I would look at 1:1 as on interim rate, not a final destination. A compromise to get the cash moving around the globe. Having said that, if they were to do a reinstatement (RI) at $3.21 (+20%), I would probably be in the same boat, cash in half, then wait to see what the tea leaves say about a future RV.
At $3+ I will be OUT...
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Amen, Punisher, me too at three!!!
aksafeone- Super Moderator
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
dbara43 wrote:jumiss wrote:Give me a 1 to 1 or even a dime to 1 and I'm good! Blessings to all!!!
You must have a LOT of dinar... or live in a very inexpensive state.
db
I disagree. It matters not one bit how much dinar you hold, its the RETURN on your money is all that should matter as a real investor. Unless you are lookin at this as a lottery. But then anyone that is shouldnt be watching this as an investment, they should just stick it in the drawer and wait to hear if anything changed.
Just keep in mind that if you only have 100,000 dinar and you spent lets say $100 to get it, and the rate went to $.10, you made $10,000 on that $100 and did NO work to make that happen. Not a bad return on your money is it?
Just tryin to keep things in perspective and take the emotion out of this.
therealbutterfly- Elite Member
- Posts : 2416
Join date : 2011-08-02
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
YOU are right TRB - there should be NO emotion in any investment. Dinar, real estate, stocks, bonds etc. It is all BUSINESS. In business there can be no emotions.
Any positive return on an investment makes it a good investment - the rest is just greed. Granted we all would like some of that "greed" but in reality when one figures the return on an investment - and we all get into investments to make a profit - any profit satisfies our goal.
If this was a lottery it would have been over by now because ALL lotteries have a solid "end date" and payout program. If ED McMann called at your doorstep he handed you an option - take it all now or $$$ per year for xxx years and the amount was stipulated when the lottery was announced and tickets were sold.
This basically is a currency exchange - only we plan to do it both ways and profit from it. Is it an investment? Certainly. I don't know about you but I invested dollars in dinars to later sell the dinars for more dollars than I paid. I INVESTED in the dinar as opposed to exchanging the dollars for dinars and spending them to purchase goods in Iraq. Simple BUSINESS transactions.
Any positive return on an investment makes it a good investment - the rest is just greed. Granted we all would like some of that "greed" but in reality when one figures the return on an investment - and we all get into investments to make a profit - any profit satisfies our goal.
If this was a lottery it would have been over by now because ALL lotteries have a solid "end date" and payout program. If ED McMann called at your doorstep he handed you an option - take it all now or $$$ per year for xxx years and the amount was stipulated when the lottery was announced and tickets were sold.
This basically is a currency exchange - only we plan to do it both ways and profit from it. Is it an investment? Certainly. I don't know about you but I invested dollars in dinars to later sell the dinars for more dollars than I paid. I INVESTED in the dinar as opposed to exchanging the dollars for dinars and spending them to purchase goods in Iraq. Simple BUSINESS transactions.
aksafeone- Super Moderator
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Good point, TRB! It's always helpful to ground people with REALITY, even though dreams can get carried away.
It's ok to dream, but dangerous when you refuse to consider that even "smaller than expected gains" are still GAINS and worthy of gratitude.
Don't be afraid to dream, but don't "let go" of reality in the process. Not good for your overall state of mind, imo.
<3
It's ok to dream, but dangerous when you refuse to consider that even "smaller than expected gains" are still GAINS and worthy of gratitude.
Don't be afraid to dream, but don't "let go" of reality in the process. Not good for your overall state of mind, imo.
<3
gmahunni- Elite Member
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Age : 55
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
gmahunni wrote:Good point, TRB! It's always helpful to ground people with REALITY, even though dreams can get carried away.
It's ok to dream, but dangerous when you refuse to consider that even "smaller than expected gains" are still GAINS and worthy of gratitude.
Don't be afraid to dream, but don't "let go" of reality in the process. Not good for your overall state of mind, imo.
<3
Well stated...
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I look at it like this. It is a matter of "Need versus Greed." If 1:1 would allow me to do what I wanted to do, give what I wanted to give, and still be comfortable afterwards, I would probably cash out.
As some of you know, I am not invested in IQD, I only have VND. I made sure that I had enough to do everything at a considerably low exchange rate. The rest is just gravy to invest in something else.
As some of you know, I am not invested in IQD, I only have VND. I made sure that I had enough to do everything at a considerably low exchange rate. The rest is just gravy to invest in something else.
Cardiac99- Elite Member
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Cardiac you have a PM.
dinarstar- VIP Member
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I am gonna be honest right now. I dont care what that poll says... If this was going down right this second I would bet all my dinar that 98% of the people would be all in a 1:1. (Or mostly in like 95% of their dinar)
Even if you are treating this like a lottery, that is A LOT of money to deny yourself from having access to. I doubt you could resist.
Despite what the gurus say... The CBI isn't gonna change it to 1:1 just to change it to 3:1 a few days later. That makes absolutely no sense. If I felt a major change was coming AGAIN to the IQD... I would just invest in it again...
Even if you are treating this like a lottery, that is A LOT of money to deny yourself from having access to. I doubt you could resist.
Despite what the gurus say... The CBI isn't gonna change it to 1:1 just to change it to 3:1 a few days later. That makes absolutely no sense. If I felt a major change was coming AGAIN to the IQD... I would just invest in it again...
tobiasfunke- Active Member
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Join date : 2011-10-10
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
NEVER BEGRUDGE A PROFIT... The best advice I ever received after the fact. I had a party offer to buy a house for $760,000 cash... another party to me... ask for $800k they are really rich and they will pay it... WRONG... they walked. I later ended up losing the house due to a business failure and bankruptcy. At 1 to 1, which is what about a 1000% return... take the money and run you can always dream later on what MAY of been but it will still be the best investment anyone has ever made.
cakelady- New Member
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Join date : 2012-02-16
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
IF THIS EVER happens, I will take what I can get and hit the road and never look back one moment in time. Better to have 50% of SOMETHING than 100% of NOTHING. IF this came in at .50 cents, I would rejoice, cash out all I have, Praise the Lord and be gone for good.
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
cakelady wrote:NEVER BEGRUDGE A PROFIT... The best advice I ever received after the fact. I had a party offer to buy a house for $760,000 cash... another party to me... ask for $800k they are really rich and they will pay it... WRONG... they walked. I later ended up losing the house due to a business failure and bankruptcy. At 1 to 1, which is what about a 1000% return... take the money and run you can always dream later on what MAY of been but it will still be the best investment anyone has ever made.
Ouch on losing the house. I always tell my clients to seriously consider the first offer they get and cash always trumps anything else Oh and at 1:1 its a 100,000% return
therealbutterfly- Elite Member
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Join date : 2011-08-02
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Yep, off a few zero's. I mean, 12 zero's doesn't sound like much either. Man, I hate those zero's.
PALMER01- VIP Member
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Siaya wrote:IF THIS EVER happens, I will take what I can get and hit the road and never look back one moment in time. Better to have 50% of SOMETHING than 100% of NOTHING. IF this came in at .50 cents, I would rejoice, cash out all I have, Praise the Lord and be gone for good.
Im leaning towards all.
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
cakelady wrote:NEVER BEGRUDGE A PROFIT... The best advice I ever received after the fact. I had a party offer to buy a house for $760,000 cash... another party to me... ask for $800k they are really rich and they will pay it... WRONG... they walked. I later ended up losing the house due to a business failure and bankruptcy. At 1 to 1, which is what about a 1000% return... take the money and run you can always dream later on what MAY of been but it will still be the best investment anyone has ever made.
Sorry to hear ...some money is better than no money.
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
no, i can ride this train a little longer
bobd- Elite Member
- Posts : 347
Join date : 2011-12-11
Patience Is The Key
If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
ministerb- Elite Member
- Posts : 256
Join date : 2011-06-18
Location : TX-USA
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Its not the banks offering it, its the RATE from the CBI that dictates what the banks offer. And with that, they cant fluctuate the rate too much on a daily basis so you really are not losing anything. And I really cant see how a 100,000% return on your money is "crumbs"..... JMHO
therealbutterfly- Elite Member
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Join date : 2011-08-02
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
100% is better than 0%.
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I'm with you on this one! AJ
ntvtexan wrote:Hmmmmm...I think I would HAVE to go the 2-3 Million IQD "Exchange" route at 1:1, and save the other 98% for the "BIG PAYDAY".
I've got A LOT that I want to do Post-RV for God's work !!! :cheers:
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Or Iraq falls into civil war and fall apart making the IQD worth less than it is now and the ones who cashed out at 1-1, look like Einstien's,
One has to look within themselves and decide, for us, take our profit, move on to the next thing, still have business's to run no matter what happens.
Listen to what your heart and head say, it should say DON'T GET GREEDY, but who knows?
1alaskan- Elite Member
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Age : 41
Location : Planet far far away
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
1alaskan wrote:ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Or Iraq falls into civil war and fall apart making the IQD worth less than it is now and the ones who cashed out at 1-1, look like Einstien's,
One has to look within themselves and decide, for us, take our profit, move on to the next thing, still have business's to run no matter what happens.
Listen to what your heart and head say, it should say DON'T GET GREEDY, but who knows?
Except I doubt very seriously that the PTB will allow a civil war to stop all that has been planned. Things will get worked out.
rick152- VIP Member
- Posts : 2574
Join date : 2011-06-19
Age : 66
Location : Eastern Ohio
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
1alaskan wrote:ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Or Iraq falls into civil war and fall apart making the IQD worth less than it is now and the ones who cashed out at 1-1, look like Einstien's,
One has to look within themselves and decide, for us, take our profit, move on to the next thing, still have business's to run no matter what happens.
Listen to what your heart and head say, it should say DON'T GET GREEDY, but who knows?
That is what I'm afraid might happen.
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I think as long as the oil flows, TPTB, don't care about the folks.
But like I said, who knows?
But like I said, who knows?
1alaskan- Elite Member
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Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
punisher wrote:1alaskan wrote:ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Or Iraq falls into civil war and fall apart making the IQD worth less than it is now and the ones who cashed out at 1-1, look like Einstien's,
One has to look within themselves and decide, for us, take our profit, move on to the next thing, still have business's to run no matter what happens.
Listen to what your heart and head say, it should say DON'T GET GREEDY, but who knows?
That is what I'm afraid might happen.
I know you said and I thought "no more investments!!" but I am going to get me some Dong probably tonight-for the 1st time!
Catherine- Elite Member
- Posts : 2505
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Age : 63
Location : USA
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
CAT,
That might be a good idea, We got ours at local bank, funny, they sell it and not IQD, but less than $60 per million. so for the price of a cheap dinner out, you can get in.
That might be a good idea, We got ours at local bank, funny, they sell it and not IQD, but less than $60 per million. so for the price of a cheap dinner out, you can get in.
1alaskan- Elite Member
- Posts : 4668
Join date : 2011-06-21
Age : 41
Location : Planet far far away
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
Catherine wrote:punisher wrote:1alaskan wrote:ministerb wrote:If the banks will offer you an exchange rate on the IQD @ 1:1 to the USD and you take it, you're giving them millions because of your impatience. They will hold and then earn a bundle in a short while from what you've given them. How can you stick with something this long and then throw it away?...Taking this deal is like accepting crumbs when you could have the pie.
Or Iraq falls into civil war and fall apart making the IQD worth less than it is now and the ones who cashed out at 1-1, look like Einstien's,
One has to look within themselves and decide, for us, take our profit, move on to the next thing, still have business's to run no matter what happens.
Listen to what your heart and head say, it should say DON'T GET GREEDY, but who knows?
That is what I'm afraid might happen.
I know you said and I thought "no more investments!!" but I am going to get me some Dong probably tonight-for the 1st time!
Where would one buy DONG?
Guest- Guest
Re: POLL---HOW MANY PEOPLE WOULD CASH IT ALL IN TODAY 1:1 AND NEVER LOOK BACK?
I buy all of mine from my local bank, Bank of Oklahoma. I know this doesn't help you much. Try the larger banks that deal in foreign currency.
Cardiac99- Elite Member
- Posts : 552
Join date : 2011-07-06
Age : 62
Location : Choctaw, Oklahoma
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