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View Full Version : Discouraged and Wondering



mattjenrocky
11-03-2009, 10:07 AM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

Fishindinar
11-03-2009, 10:11 AM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

If you are just involved with the dinar then you have a long wait. The ISX is the place to be.

tsha222
11-03-2009, 03:00 PM
I have been in since 2006, not as long as some of the others here. I don't ever post but I check the site several times a week. I have stated in another post that I am totally ignorant when it comes to the ISX but I am educating myself. So I have cash on hand currently with zero diversification.

As far as you wondering if this is a SCAM, in my humble opinion, this is absolutely NOT a scam. I think a scam would indicate that the currency is completely worthless. I know, I can hear the chuckles. While it is worth VERY little, it does have value. The fact that the printing costs may be more than the current value is promising to me (I can't provide a link to this, it is assumption only so forgive me and correct me if you need to).

Is it a risky investment? Yes it is, without a doubt. Are there an absurd number of unknown variables, questions, concerns, etc? Of course. I know that there were or maybe even are those who sold/continue to sell at high rates. I obtained most of mine from my bank in Florida and the rest from a reputable dealer at a fair price.

I have my concerns about kept out in the event of an in country exchange and like I said, I am really studying the ISX and will be meeting with a friend who know a lot about foreign investing, FOREX, etc. so I am looking forward to his opinions and advice. I am fully prepared to lose my initial investment but it is not like I won't go through an intense grieving process ;-)

I guess my best advice to you would be don't lose your hope, hard though it may be. I can share a personal story with you on patience, timing, hope... all things that relate well with this venture. I won't do it here but if you want to hear it, just email me or pm me and I would be glad to share it with you. ContactChrisWhite@gmail.com

KnightsCharger
11-03-2009, 03:12 PM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

There are no guarantees' in anything, but if you have been involved from the begining then you have made profits. I've earned 37.5% since "06" with only a cash position.

Other have diversified, I don't know how well they have done, but they are bullish in their beliefs and I assume they can if they wanted too, claim higher earnings than 37.5%. I don't know they track their own portfolio's.

When I get tired, I take a nap!

KTF
KC

tsha222
11-03-2009, 03:35 PM
I am not in any way referring to the original poster, but I think many in this investment feel entitled (I hate that word) to make a mint off of the Dinar. This is and was a risk, definitely. It does have true potential to, IMO, double, triple or quadruple my initial investment. I admit to have bought into the idea that it would be equal to or greater than the US dollar, and while that could happen, it is more likely, again IMO, that it will be a modest gain, but a gain never the less. Heck, if it got to 1 dinar = to 1 US penny, I would be jumping up and down with excitement. What will happen ultimately, no one knows. I'm in it and I am looking at the ISX as an option to cash on hand but if I lose it all, so be it. I don't think I will "lose it all" but no one can come on here and say what will happen with certainty. We will all see when the time comes and I learned the hard way that worrying cannot effect the outcome so why worry?

WishBone
11-03-2009, 03:38 PM
IT all depends on what you have riding on your investment. My own expectations are the same as if I’d owned xx million non-expiring lottery tickets. I may have a winner, but chances are slim. I’m 50. If my grandkids can benefit in 10-20 years, I’ll be ecstatic. Aside from that - my peace of mind today has nothing to do with Iraq or it’s currency. I think their crazy.

BP Dinar
11-03-2009, 07:03 PM
I have been in since 2006, not as long as some of the others here. I don't ever post but I check the site several times a week. I have stated in another post that I am totally ignorant when it comes to the ISX but I am educating myself. So I have cash on hand currently with zero diversification.

As far as you wondering if this is a SCAM, in my humble opinion, this is absolutely NOT a scam. I think a scam would indicate that the currency is completely worthless. I know, I can hear the chuckles. While it is worth VERY little, it does have value. The fact that the printing costs may be more than the current value is promising to me (I can't provide a link to this, it is assumption only so forgive me and correct me if you need to).

Is it a risky investment? Yes it is, without a doubt. Are there an absurd number of unknown variables, questions, concerns, etc? Of course. I know that there were or maybe even are those who sold/continue to sell at high rates. I obtained most of mine from my bank in Florida and the rest from a reputable dealer at a fair price.

I have my concerns about kept out in the event of an in country exchange and like I said, I am really studying the ISX and will be meeting with a friend who know a lot about foreign investing, FOREX, etc. so I am looking forward to his opinions and advice. I am fully prepared to lose my initial investment but it is not like I won't go through an intense grieving process ;-)

I guess my best advice to you would be don't lose your hope, hard though it may be. I can share a personal story with you on patience, timing, hope... all things that relate well with this venture. I won't do it here but if you want to hear it, just email me or pm me and I would be glad to share it with you. ContactChrisWhite@gmail.com


that we all went into this a little blind to. We really haven't invested alot of money into this venture. But be patient my friend for we've been in this slump before. What goes around, comes around.:happy:

waiting and wondering
11-03-2009, 07:09 PM
It is an investment just like any other investment .I've been in this for a while too . and I will just continue to wait. But in the end they will have to revalue this countrys currencey. Iraqi is rich in fuel, oil and natural resources. Just have to hang in there..........:wave:

Luko1234
11-03-2009, 07:46 PM
10 to years, if you are an old dude there is a 100 percent chance you will die first....I am am thirty and really thick , I might even die before we see anything

Luko1234
11-03-2009, 07:50 PM
Just look at Dubai it took them 50 years,,,,,by then I will an ash buried, it sucks beign broke, but like bible says to all of us, we get what we only deserve

Free-Dinar
11-03-2009, 08:38 PM
Interesting,

No doubt this is not what many had hoped who got involved back in 2004 like me, but hey, I have always looked at it as if I had the winning lottery ticket, but the drawing date was unkown. What I like about this scenario is that it provides hope for those who have nothing else going for themselves.

I banked heavily on the dinar for long term, and even if there was a restoration of value tomorrow, I would hold on knowing the value can only go one way, up while the dollar is heading down. I lost a fortune in stock market this past year, so looking back, I have made more holding onto my dinar over same period, so I guess you might say I have grown attached to my dinar. lol

If nothing else to date than about a 50% increase in value, look at all we have learned over these past half dozen years about the middle east, I know I have learned more than I have in a lifetime, may even move to Iraq some day. lol Oh well, patience is a virtue, and I have tons of that, so hang in there everyone, it will pay off someday, and hopefully sooner than later.

Success to all,

Luko1234
11-03-2009, 09:40 PM
To all those loosing faith, I remember when I thought Iraq was going to turn into a full sectarian war,,,boy was that scary when we thought this was going to burn,, remember the surge began,that was scary ,but god always prevails!!!!we went from that to isx going 5 days and them signing a huge oil contract.. To even the Kurds agreeing on Kirkuk????we went from no online banking to what we have now..

A wise man told me that the lord never forgets those are in real need? I often ask myself if this investment is just greed? God only knows???

Luko1234
11-03-2009, 09:44 PM
Me 2,, I sometimes feel like a middleast expert on the economy and diplomacy,,except Islamic banking concepts

tsha222
11-03-2009, 09:48 PM
Well I have as much faith in the Iraqi Dinar as I do in the US dollar. Take that how you will. Is that a good thing, or is that a bad thing? Only time will tell... on both currencies.

Crow
11-03-2009, 09:48 PM
To all those loosing faith, I remember when I thought Iraq was going to turn into a full sectarian war,,,boy was that scary when we thought this was going to burn,, remember the surge began,that was scary ,but god always prevails!!!!we went from that to isx going 5 days and them signing a huge oil contract.. To even the Kurds agreeing on Kirkuk????we went from no online banking to what we have now..

A wise man told me that the lord never forgets those are in real need? I often ask myself if this investment is just greed? God only knows??? A lot of water under the bridge, I had my rough times when we lost people. Three years ago I took a number of soldiers out to dinner before their deployment, one I talked to at length, very excited to go into battle...two weeks in Iraq he was killed...I can still see his face.CROW

cloaked
11-03-2009, 10:20 PM
Me 2,, I sometimes feel like a middleast expert on the economy and diplomacy,,except Islamic banking concepts

isn't that the truth? we have learned so much. they really have come so far.
and to think i'm learning arabic :rock:

cloaked
11-03-2009, 10:22 PM
A lot of water under the bridge, I had my rough times when we lost people. Three years ago I took a number of soldiers out to dinner before their deployment, one I talked to at length, very excited to go into battle...two weeks in Iraq he was killed...I can still see his face.CROW

................. :frown:

rcaseisd
11-03-2009, 10:24 PM
Hm. Discouragement comes with any investment. That's why it's called investment instead of "guaranteed profit", or in this case, Dinar Speculation rather than "guaranteed MEGAPROFIT for teensy amounts of dollars..."

My IQD are safely tucked away in an envelope behind a certification framed in my office. Just sitting there. Not burning a hole in my pocket or my brain, just sitting there. Are you heavily invested in this? Did you put up so much money into this that you now can't afford your basic necessities? Well, if that's the case you never knew what investment was about! ("you" in this post means anyone, really, not the original poster, so you know). Investment is for side capital. Every single investment EVER is gonna have some "insider" who "knows" stuff that "no one else knows" and you will get a huge return for little investment! it's called a get-rich-quick plan. Unfortunately, that's what most people have called IQD investment to their friends, or believed it themselves and for that reason got into the game.

FOREX speculation/investment is not something that started with IQD, nor will it end with IQD. Just because you're involved in it doesn't mean it's the be-all, end-all forex investment. This is something we're hoping to get lucky on, unless you go to other sources who say you're just incredibly correct and it's just another weekend before it RV's....keyword? Patience. Invest it, put it away, wait for it to make you money. As far as being discouraged and afraid, that's natural for investment. But in any case, EVER, even if this was 1999 and you had a hot tip to invest in some Google company, you really never know. You can't can't CAN'T commit your necessity funds for something that may or may not come through. That's called severely dangerous gambling. If you're regularly (anyone) scared or discouraged at an investment, maybe currency speculation isn't for you.

Want to feel better? Go get a safety deposit box, dump all your IQD notes into it, lock it up, put the key in a safe somewhere and stop thinking about it. Do your work, live your life, feel good, and then when the dinar RV's and you have much thousands tucked away, you'll be quite pleasantly surprised! If it never happens, maybe you'll just forget you even had them and be in a position to not be disappointed or afraid by your investment.

Just some thoughts.

Runamuck
11-03-2009, 11:31 PM
I dont think about it much I consider it lost money and if in 10 years I am rich I will be happy, Either way I am earning good interest and waiting for stocks to be easier to trade on the ISX.

sellmhi
11-04-2009, 12:44 AM
and to think i'm learning arabic :rock:
Me too. The very first word I learned was "SOON"....

chakkarchee
11-04-2009, 07:09 AM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

My freindly advise is to have your dinar invested in ISX if you want some releif, that way you can have dinar and isx investment both. It seems pretty simple to me if you are in ISX you are holding dinar any way.

BigBrandon
11-04-2009, 07:32 AM
I went to the local bar and decided one drink for me and one price of a drink for the dinar. worked out great, I sobered up, lost weight and now I have many dinar. point is I would have pissed the money off some way or the other, but at least now it has a chance of making me money, I get to check on my "Lottery" tickets every day. dont sweat it

EBJNYC
11-04-2009, 07:49 AM
You got the 2nd round of oil bidding and Jan 2010 elections coming up -- things will TAKE OFF. You'll get a better feel for this investment post-2nd round. If 2nd round is a FLOP -- then BAIL OUT. Heck even Kramer (CNBC) is touting this investment. He knows "something" is around the corner !!

Rob N.
11-04-2009, 08:50 AM
All,

Why be discouraged? The events in Iraq and surrounding the Dinar are out of your control. The only options within your control are to hold physical notes, sell those notes, open an Al-Warka account, and/or invest in the ISX. In my view, this is the a great buying opportunity of more Dinar or stock in the ISX. Instead of being discouraged be bullish.

Thanks,

Rob N.

English Bob
11-04-2009, 08:54 AM
All,

Why be discouraged? The events in Iraq and surrounding the Dinar are out of your control. The only options within your control are to hold physical notes, sell those notes, open an Al-Warka account, and/or invest in the ISX. In my view, this is the a great buying opportunity of more Dinar or stock in the ISX. Instead of being discouraged be bullish.

Thanks,

Rob N.



Rob N. :handshake:

You hit the nail on the head.

JMO

EB :wave:

luigi3156
11-04-2009, 09:53 AM
:thinking:I ALSO HAVE BEN WAITTING SINCE THE BEGINING,STARTTING TO THINK THE SAME THING THINK I WILL HAVE SOME GREAT WALLPAPER FOR MY BATH. EVERYBODY THINKS THEY KNOW BUT THEY DONT KNOW ANYMORE THAN WHAT THEY HAVE SEEN OR BEN TOLD.
VERY DISCOURAGED

RoyalBeluga
11-04-2009, 11:45 AM
:thinking:I ALSO HAVE BEN WAITTING SINCE THE BEGINING,STARTTING TO THINK THE SAME THING THINK I WILL HAVE SOME GREAT WALLPAPER FOR MY BATH. EVERYBODY THINKS THEY KNOW BUT THEY DONT KNOW ANYMORE THAN WHAT THEY HAVE SEEN OR BEN TOLD.
VERY DISCOURAGED

Why not send some of those dinars to Warka and buy some shares, I find it frustrating at this point that others have not followed suit :headbang:

oil4$
11-04-2009, 12:12 PM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

Anyone who builds a house should count the cost before building. Rome wasn't built in a day. That's why poor people use credit cards---impatient, and can't wait.

Sponson
11-04-2009, 12:26 PM
All,

Why be discouraged? The events in Iraq and surrounding the Dinar are out of your control. The only options within your control are to hold physical notes, sell those notes, open an Al-Warka account, and/or invest in the ISX. In my view, this is the a great buying opportunity of more Dinar or stock in the ISX. Instead of being discouraged be bullish.

Thanks,

Rob N.

Well said Rob N...

:yes::yes:

iamrealdreamer
11-04-2009, 12:49 PM
sent a wire yesterday at noon my time and it was already in my account at 7 AM today, yes u r right, this is the time to b bullish!

I also can't see why people never used Warka interest bearing accounts, CD's, and yes of course the ISX. :headbang: It's not like no one said anything, LOL!

But then again don't have alot of time to wonder why people don't help themselves, to busy making things happen, instead of wondering why they never happen for me :wink:

spongebob
11-08-2009, 11:38 PM
Hello 'Discouraged',

It is tough to wait specially if you have 'needs' to take care of. A suggestion: what if you took a portion of your dinar investment and invest it in gold? precious metals like silver and copper? In other words take a portion of your dinar money and actively invest it in oil or precious metals or other commodities. These commodities are certainly going up in value w the dollar 'losing' value.

For me, I am counting on the dinar to gain in value. I believe ultimately Iraq will do well in the future!

Just an idea!

chin chopper
11-09-2009, 12:04 AM
I'm holding on to my Dinar because if the dollar tanks I will have some money that may be worth something. Couldn't be any worse than having the dollar.

tracytferrall
11-09-2009, 01:47 AM
Warka has no insurance. That is what is holding me back.

jonrobbins15
11-09-2009, 07:54 AM
i look at this whole investment like this "your ship will never come in" if you don't first send it out. hang in there, good things happen to those who have patience. jmo. have a great day all!!!!!!!!!!!

SweetMarie
11-09-2009, 08:59 AM
I think patience is the key word here. I believe our ship will come in...and I think it will happen when we least expect it. I'm patiently waiting also. Hang in there.

ret2003
11-09-2009, 10:12 AM
Time is on my side is how I look at things.. and I got that word call "PATIENCE"

Kickabuck
11-09-2009, 12:08 PM
Warka has no insurance. That is what is holding me back.

Look behind the scenes at who owns Warka, your worries will go away.

mzabreem
11-09-2009, 12:17 PM
Hopefully Obama and Iraq will make this years Christmas soo sweety...especially for Dinar holders!!

Thaiville
11-09-2009, 12:21 PM
Look behind the scenes at who owns Warka, your worries will go away.

JP morgan?

tsha222
11-09-2009, 12:58 PM
Hopefully Obama and Iraq will make this years Christmas soo sweety...especially for Dinar holders!!

I don't see how BHO can make any difference in this.

fatmaninthebathtub
11-09-2009, 01:26 PM
Look behind the scenes at who owns Warka, your worries will go away.

Once US troops start pulling out the ISX is going to implode along with Iraq.
CASH IS KING

100milliondreams
11-09-2009, 01:55 PM
Warka has no insurance. That is what is holding me back.


FDIC is insolvent...US government is bankrupt...US bank CD rates are in the crapper...doller may possibly crash overnight...and Iraq is too risky??? :rofl: :rofl: :rofl:

Torquewrench
11-09-2009, 02:06 PM
Completely true!

Luckily the foreign markets are going well, so my investments are keeping my head above water!

iamrealdreamer
11-09-2009, 02:32 PM
Quote:
Originally Posted by Kickabuck http://www.investorsiraq.com/images/impact/buttons/viewpost.gif (http://www.investorsiraq.com/showthread.php?p=948150#post948150)
Look behind the scenes at who owns Warka, your worries will go away.

JP morgan?
__________________


Al Bunni family owns Warka

JP Morgan has 40% stake in Trade bank I believe

orly45pr
11-09-2009, 02:55 PM
Does anyone else ever wonder if their investment in the Dinars will aver actually pay off or if this whole thing is just a scam? What proof do we really have that anything good will ever come of this. I am starting to feel discouraged! I have been an investor since the beginning and am now loosing hope that I will ever gain anything but a few colectors items from all this. I'm tired of waiting!
Anyone else feel this way?:crying:

malaki told his people to safe thier dinars and not just for fun .:cake::cash::yelrotflmao:

geowhiz
11-09-2009, 03:20 PM
I just updated my spreadsheet after about 4 months of neglect (OK Ill call it what it is.. boredom) and found to my dismay Im back in the red on my ISX, even after my free Warka, Investment, and Mamoura shares. I admit Im not completely "keen" on the latest hot stocks, nor am I buying every dividend producing stock out there or doubling up on discounted shares, but since late 06 I am down on what I have. :no:

However I made a bunch of money on several CDs that recently matured, so my dinar account looks nice these days. Overall I have to admit this investment stinks for me compared to what my US natural gas and bank stocks have done, but Im sticking it out, nothing worth selling here. Hopefully by the time I retire in about 25 years there will something made here for my wife and I, and the kids will get the rest.

palsims
11-09-2009, 06:06 PM
................. :frown:
Got it all wrong, don't seize the day, seize God in the day

BrokeForLife
11-09-2009, 08:49 PM
when people say scam it pisses me off,the dinar is not a a scam,maybe a bad investment but not a scam.

average joe
11-09-2009, 09:18 PM
maybe soon i have been waiteing for five yrs now thats how long i have been in iraq owell keep the faith watch the 12th and the 18th this month joe

bigiconz
11-09-2009, 09:24 PM
but I was told that there is over 2 trillion denar in u.s. if this is true then I think we are in trouble, as far as a get rich deal. maybe wrong, I just heard it, never read it. maybe someone can enlighten me on this, please.

24mm exposed grid
11-10-2009, 01:09 AM
when people say scam it pisses me off,the dinar is not a a scam,maybe a bad investment but not a scam.

I often use the words "dinar" and "scam" in the same sentence, but do not misunderstand my meaning.

The dinar is not a scam in any way shape or form, the scam is the false hype that is built up around it as a means of promoting and selling it.

I believe the dinar to be a reasonable investment as long as you have a realistic expectation of its potential. There are a hell of a lot worse things out there to put your money into.

JJinIraq
11-10-2009, 03:25 PM
Never have so many people been thanked so many times for so little.

lisa k
11-10-2009, 04:44 PM
people keep thanking "pumper boy" medic...for all the monopoly $$$...:devil::devil::devil:

RACECAR
11-10-2009, 06:05 PM
Look behind the scenes at who owns Warka, your worries will go away.
http://www.nytimes.com/2005/05/27/international/27iraq.html?oref=login:yelrotflmao:I can keep going if you want. You are joking right? Just Google the guys name its simple:yelrotflmao: http://talismangate.blogspot.com/2007/12/shady-deals-catch-up-with-al-bunnia.html