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reconaz
02-24-2006, 01:50 PM
I was just wondering what is the rate would you cash out? I know some of us here are in it for the long run, 5-10 years. Others, just til the reval comes up to a good profit. For me, it's .35 cents. I would cash out half and keep the other half for 5-10 years. I will cash that out when/if it hits above 1 dinar for 1 dollar. What about you guys, what's your rate?

v1rotv2
02-24-2006, 02:24 PM
Reconaz, I am with you. I would like an intial reval to be high, but if not we'll just hold. But if we get a high reval, we'll get an initial bump and ride the rest. I would like to pay off the homestead and put some away to lock it in first. But I see this thing climbing way high in time. By the way I'm retired AF.

reconaz
02-24-2006, 02:34 PM
Good to go man. AF, I was really close in joining. But I went with the CORP. So what rate will you actually cash in initially? Say it reval at .05 in March, will you cash in? How about .38 in March, what about then?

v1rotv2
02-24-2006, 07:04 PM
Reconaz, I got my dinar while goinng through the Kuwait airport. The crews I flew with had a pretty good rapport with the money exchange guys there. We felt pretty confident the dinar was not counterfeit. The exchange rate bounced around a bit. But most of mine was around 1400 or so.

As far as taking some cash out. I don't really know if .05 would tempt me. But I would take some off the table at .38. That would do as I stated above and then let the majority ride. I am so positive that after a reval, even a low one, this thing will go higher. Don't get me wrong it may take a couple of years, but it will be well worth the wait.

bill9811a
02-24-2006, 08:48 PM
At .05 I would do 1 or 2 mil hold the rest

Ronbo
02-24-2006, 11:40 PM
I would cash out at anything over .30. That would give me plenty to pay my bills, pay uncle sam and take my wife on a good vacation. Might even get my truck fixed;)

Silver Spoon
02-24-2006, 11:46 PM
I would not cash out for anything less than .25. It would have to be a figure large enough to pay off SG taxes and still turn some decent $ over. Even @ that rate we (my Hubby and I) would only cash out enough to buy some land . From there we are hunkerd down for 5-7 yrs or $3.20 whichever comes first.

REITman
02-26-2006, 08:07 AM
Nothing less than .75. At that rate, after taxes, I could generate an annual income of over $500,000.00 without tapping the principal. Anything more is G-R-A-V-Y :happy26:

Lux
02-27-2006, 09:03 PM
Incrementally cash out fifths

.01
.05
.10
.20

Last fifth for a big payday.

:huge:

Texas_dinar
02-27-2006, 11:42 PM
I plan to cash out about 1/4 at about .20 cents then sit it out for a while for the rest...at least till it gets to 1.00

wbaker6
03-16-2006, 05:41 PM
Interesting. To be honest, I never really gave it serious thought of actually cashing any in at a certain price upon open. Oh like everyone else I dream of the BIG one, but I've carried mine for so long now, Im down to just " Waiting" for reval to happen. I guess I kind of like Sportslux plan of fifths. So for fun I'll start with .04, but the real test will be how long I can hold out once it actually hits the market. " Greedy or Not" that will be my real test. Darn, now you really got me thinking. :O)