Should I buy more Dinar?

[Riceboi]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.

[Alphamystic]

The only real answer to that question is that only you can answer it.

[Riceboi]

The only real answer to that question is that only you can answer it.

Please don't post answers like this. I want opinions regardless. :rolleye03 Think of this as you, what would you do.

[peakoil]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.

Only invest what you are comfortable with. Same goes with gambling.
You are definately not alone wondering this.
I know I would like to buy more, but really there is no need.
I am looking at other investment so that I can be more diverse in my entire portfolio. Diversity is key to an overall successful strategy.
Invest a lot time reading about oil, and peakoil and you will see a very large window of opportunity in various factions of realavency.:happy64:

[vipor]

It all depends on your willingness to lose money if this thing goes south. Would losing another $400 or $800 put you in a position of being driven up the wall? Would it not phase you? Would life go on like nothing happened?

For me personally, If this thing goes south, life goes on. I still have my job, my car, my house, I'll just save up some more cash and try something else. I think a reval will happen though. So... if I had the cash, I'd pad my stash a little more. But that's just me.

It's all up to your willingness to lose like I said.

[mfriedl1]

2 points to consider:

1. Don't buy more then you can afford to lose.

2. If the RV happend tomorrow, how much would you want to have in your pocket. ( but #1 is much more important.)


I personally have all I intended to buy and won't buy anymore no matter what I hear.

[boogirl]

Regret for the things we did can be tempered by time; it is regret for the things we did not do that is inconsolable. –Sydney J. Harris

[Alphamystic]

Please don't post answers like this. I want opinions regardless. :rolleye03 Think of this as you, what would you do.

Sorry that my reply wasn't the answer you're looking for but it's the truth. As you can see from the other replies it all amounts to the same answer.

But if you're looking for someone to say that it's OK to buy more - Do it. Buy another million; what the heck, buy two.

[McClintock]

Invest in the ISX. I believe that is the real opportunity here. Any reval will be multiplied by your earnings in the Iraqi Stock Exchange. JMO

[Lady D]

I personally would add to my investment. I hope to get 3 million in Warka, "IF" we don't have a reval by the end of the year.
LADY D

[Adster]

Invest what your comfortable with. I have double figure millions and am happy with it now. Even if we hear the FIL is passed early September I'm happy with my stash and won't add to it. :D

[mfriedl1]

Invest what your comfortable with.

If anyone tells you anything different then this...they are trying to sell you something.

Don't buy more then you can afford to lose and don't EVER buy based on a rumor....PERIOD!

[burddogg]

Needs; How much am I going to need to take care of my family? What are our immediate needs? Future needs? Do I want to retire? If I retire, what will I need to sustain my family?
Wants; What toys do I want? What will they cost?
I said in another post, everybody's got their own level of needs, wants, and/or excesses. Your level can only be determined by you. I wish we KNEW what the reval would be, then it would be easier to tell you, but just invest what you're comfortable with. Peace, bro.

[Corwin]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.

I would NEVER advise another person to invest in a "speculative" investment without knowing their financial situation. :)

Honestly, what if I said - HEY BUY $250 MILLION dollars NOW!!!!

And you did

And it stayed flat or worse - went sour.

You'd be MAD - at me - and I don't want that. ;)

The answer is - different people have different amounts of money - and they tolerate risk at different levels.

Can you "afford" to COMPLETELY lose your investment? Or do you need that for day to day expenses (mortgage, car payment, food, fuel, vacations (yes, family vacations are important!))

Are you comfortable sending money away forever? Can you accept the TOTAL loss of your investment?

Can you sleep at night with your desicion?

That's the criteria - are you happy with blowing the dinero on dinar?

If you are happy - do what you will with your own money.

If you are hesitating - that is a problem.

Rest assured, if this thing takes off - EVERY SINGLE ONE OF US will go - Arrrrrgggg I *SHOULD* have bought MORE!!!

But we'll all be happy none-the-less!

:wave:

Corwin

[ksdunlap]

Why are you asking our opinion? Thats what i would like to know. Why can't you make up your own mind? Maybe that is what you shoud be asking yourself.

[Riceboi]

Rest assured, if this thing takes off - EVERY SINGLE ONE OF US will go - Arrrrrgggg I *SHOULD* have bought MORE!!!



This is exactly what I'm afraid of!

[Riceboi]

Why are you asking our opinion? Thats what i would like to know. Why can't you make up your own mind? Maybe that is what you shoud be asking yourself.

Just curious I suppose! I wasn't going to base my final decision on this poll though.

[fproano]

I belive that there is going to be a revel, and it will be big. This was planned for many years in advance, and this is a very well planned strategic money game. This will not be allowed to fail, to many important factors are ridding on this..

I wouldnt sell it, and I will only buy it at a competitive price! Buy low, sell high....
The interesting part of this is when this revels, our country will have Hillary Clinton as a president and there will be war in the streets! Just in time to buy an island...

[coolhand009]

I have my 10 million, and I would love to buy more. But this is all that I am willing to risk. I have sold about 20 million to friends that don't have computers, and that fun as well. Make a 100 per million. So I got little back on my investment already.

:shhh: :lmao: :wave:

[BugmanIraq]

davidgarn's psychic says no in dinaraholic lounge
gotta go with that source

[Hue Mi]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.Since you felt the need to ask; the logical answers are 'no' and 'maybe'.

[dinaros]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.

Buy 10 million more and when it revals send me a big fat consulting fee.:drunk:

[earthdog]

What's that old saying about throwing good money after bad?:(

[Justpraying]

I belive that most of us belive that it will come in at some level and at some time. But when and how much is all speculative at this point. It may come in tomorrow and then again it may take a year yet.

Only invest what you can afford to do without for say the next year. That would be my advise

[Lonestar]

I personally based on what you said would purchase the 1.5mill and stop at holdign 3 mil. It will come in sometime but when and where is anyones guess. Right now you are asking yourself what if it revals and I did not buy the extra. You state you could buy 10 mil so I do not think 1.5 is going too far out on a limb or making that crippling purchase based on what you stated. That said I agree with the others not to buy more than you can afford or what you would truly gamble with and if lost not be severely impacted. JMO

[goldenrule]

Hello everyone

I currently hold around 1.5 million dinar, but I have been planning on buying at least 500k more if not another 1-1.5 million more. My question is at this point in time so you think I should buy more or just hold what I have now.

FYI money isn't an issue I could buy 10 million more if I wanted, but that would be overboard and I don't want to risk that much money.

If I were to buy more, personally, or if I were in your situation; I'd definitely NOT buy the physical dinar, but open an account in Iraq and save it in a bank account where it can accrue interest and there's less risk of loss.

I guess the question my husband and I mulled over was "when is enough, enough?" Get an amount you know will let you live a comfortable life, if it is affordable to your current lifestyle and will not put your current/future lifestyle at risk. If you can not afford more, DON'T buy more. If you can calculate what you can decently afford to lose and invest through the banking system NOT physical dinars.

Good luck hope you do well.

goldenrule

[Director]

Bought some and sold enough to make $ back on what I bought. Comfortable with that and then a year went by,...allowed greed to influence me and purchased more. This amount I am willing to lose and say what the hell. I believe the currency will command a higher value and I am certainly willing to wait (as if I had control anyway!). If you are fielding the question, then you should feel comfortable that you are not too impulsive, but I AGREE I would really be p'd if I "should have or could have" the rest of my life. How many opportunities do you have to invest $800.00 (as an average) and make, say, $10K? Many work meetings and travel have I dropped $800.00 knowing full well I had no chance of ever seeing a return on that. Buy some more, you don't have to buy a full million as the prices are "fair" See how you feel afterward and then you just may have your answer.

[ozizoz]

Thats how I started. I had 1 mill . . .then 1.5 . . .then up to 2 because 2 had a better ring than 1.5. Then I started looking at how much $$$ I need and I came to the conclusion that the more I had, the lower it could reval at. I fianlly broke down and bought my final mill to land me at 3 mill total. Thats all the cash I could spare and would get me outta the hole . . .even at .10.

3 million is a nice number . . .cash in 2 when it hits and then save 1 for a rainy day

[Riceboi]

Well I ended up buying another 1.5 million to bring my grand total to 3 million.

[boogirl]

Well I ended up buying another 1.5 million to bring my grand total to 3 million.

Congrat! Hopefully it will be one of the best financial decisions of your life.

[ozizoz]

Well I ended up buying another 1.5 million to bring my grand total to 3 million.

Sweet deal Rice!!!

Same boat . . .same row . . .same view . . .I can see the harbor out the window . . .lets just hope she pulls in soon!

[poomaker]

If I had the money, I would buy at least 10 mill., but I dont. Ive spent what I would have wasted anyway and wrote it off. I would have just spent the money on something else and have nothing to show for it..... at least this way, there is a chance of getting something back.

[meninblack]

I believe this could be one of those investments that we look back on and say man am I glad I bought that. If I look back at the shoulda's, coulda's in my life they make me feel terrible. I think a little streach financially now will payoff huge in the next year or two. I believe most people in the US can come up with a few hundred dollars if they really want to. Cut out the eatting out or whatevere it takes. My advice is get 3 million plus anyway you can. If WILL payoff huge for the rest of your life. JMHO. :happy64:

[md_dinar]

I just recieved another batch last night which takes me up to 4 million. It took a lot longer than usual to arrive (4 weeks compared to less than a week from this dealer) but I finally got it. I'll sit on this for awhile but wouldn't be suprised if I have another million by the end of September if nothing happens before then..................

[Archangel]

Just don't be greedy, you say you have 1.5 million, thats more then about 99% of anyone else in the USA, and even if it does rev. at 1-1, instead of saying I should of bought more, you should be saying thank god I bought 1.5 million.

[Riceboi]

I just recieved another batch last night which takes me up to 4 million. It took a lot longer than usual to arrive (4 weeks compared to less than a week from this dealer) but I finally got it. I'll sit on this for awhile but wouldn't be suprised if I have another million by the end of September if nothing happens before then..................

Man you are beating me now! LOL
This is like an addiction, I just brought my total to 3 million, but I feel the itch for another million now. :D

[vipor]

Remember guys... ONLY what you can afford to lose. Don't stretch yourself thin. We're all hoping for the best but don't sell your farm. There are no guarantees it will happen this month or next month. All we can do it hope.

[ozizoz]

Remember guys... ONLY what you can afford to lose. Don't stretch yourself thin. We're all hoping for the best but don't sell your farm. There are no guarantees it will happen this month or next month. All we can do it hope.

I had a conversation with my Father today about the idea of me purchasing another mill to go to 4. He's not invested in it . . .he knows if it hits for me, it hits for him too. He told me 3 was enough . . .do jinx it by getting greedy. He also laid into me that I have been making fiscally bad decisions since November . . .since I reconciled with my fiance . . .and he's right. He also told me that if it hits not to tell her right away . . .since we're on the rocks because of finances . . .he's afraid she's gold diggin. She might be, but my heart will be my downfall.

I hope to have to face those decision in the next week!!!

[Riceboi]

I had a conversation with my Father today about the idea of me purchasing another mill to go to 4. He's not invested in it . . .he knows if it hits for me, it hits for him too. He told me 3 was enough . . .do jinx it by getting greedy. He also laid into me that I have been making fiscally bad decisions since November . . .since I reconciled with my fiance . . .and he's right. He also told me that if it hits not to tell her right away . . .since we're on the rocks because of finances . . .he's afraid she's gold diggin. She might be, but my heart will be my downfall.

I hope to have to face those decision in the next week!!!


As I have said before I hope this thing works out for your sake Oz. It seems you have a lot more at stake than most people, well more than me anyway. I will be done with college in a couple years (don't worry this money wasn't from my college fund hehe), so if I lose this money it won't really be that important. However I think eventually we and Iraqi will conquer.

Happy Thoughts good, shotgun bad...:D

[ozizoz]

As I have said before I hope this thing works out for your sake Oz. It seems you have a lot more at stake than most people, well more than me anyway. I will be done with college in a couple years (don't worry this money wasn't from my college fund hehe), so if I lose this money it won't really be that important. However I think eventually we and Iraqi will conquer.

Happy Thoughts good, shotgun bad...:D

Thanx Rice and good luck with school

I am just looking for a chance to change my life . . .I am still working as hard as I can to get ahead conventionally, but everything is so expensive in LA that I can seem to get over the top. Right now this is my only hope . . .reality is depressing. I feel good about this one . . .but if it goes down hill . . .it will just be another on the list of attempts. I will never quit trying. If I end up alone, so be it . . .then she wasnt the one. But not because I didnt do everything I could to save it.

I can't believe eBay wont let me sell a kidney or a retina . . .once the sperm bank looked at their security camera footage and saw what I looked like, they wont buy from me anymore. My head is spinning from selling too much plasma . . .and harvesting skin graphs really hurts

The world keeps spinning . . dont be alarmed when you dont see me posting MON - FRI next week . . .Im gettin the heck outta Dodge and leaving the shotgun in the closet :drunk:

[Justpraying]

Thanx Rice and good luck with school

I am just looking for a chance to change my life . . .I am still working as hard as I can to get ahead conventionally, but everything is so expensive in LA that I can seem to get over the top. Right now this is my only hope . . .reality is depressing. I feel good about this one . . .but if it goes down hill . . .it will just be another on the list of attempts. I will never quit trying. If I end up alone, so be it . . .then she wasnt the one. But not because I didnt do everything I could to save it.

I can't believe eBay wont let me sell a kidney or a retina . . .once the sperm bank looked at their security camera footage and saw what I looked like, they wont buy from me anymore. My head is spinning from selling too much plasma . . .and harvesting skin graphs really hurts

The world keeps spinning . . dont be alarmed when you dont see me posting MON - FRI next week . . .Im gettin the heck outta Dodge and leaving the shotgun in the closet :drunk:

I love your posts!

As I have said before, the first thing I would do if I was you when the dinar comes in........ is get the heck out of Dodge (L.A.):wave:

[kas]

Hi Riceboi,
If you are currently holding 1.5million, this should make a big difference to your life after reval. Do whatever feels right for you. Personally I will hold what I have but won't be buying more!
kas

[Stout Hearted Man]

As I tell everyone, "Only invest money you can stand the pain of LOSING...nothing's guaranteed."

I have 15 mil right now and I am continuing to buy. If nothing happens by the end of 08 I'll probably stop buying and hold onto what I have indefinately.

Something to consider, if the dinar goes up slowly, the more dinar we have will make a differance. Each 1 cent increase adds 10 thousand dollars per 1 million dinar we have.

[coolhand009]

I want as much dinars as I can afford. Going for 15 million before the end of the year.

[igotdinar]

I got a tip from a friend on the dinar. She bought ten million and 2 mil for each of her children. When she told me how much she had, I liked the sound of it. So, i started making 1 mil purchases. I'll keep going til i get to 10 mil. Just sound like a good number to me. So if the rv happens @ $1, I'll have $10 mil. I plan on cashing some in and holding the rest waiting for the increase in value. hopefully the IQD will get up around $3 and triple the value i hold.

[J24Dinar]

Hard question to answer... I have 2 million; and depending on what it rv's at, I can pay off my debt, invest the rest and live off of the interest. I don't need a huge house or an expensive car, so for me 2 million is plenty.

[MC Dig]

I am all in on this. I really believe this is one of those rare opportunities to turn thousands into millions. Whatever extra money I have I am putting into dinar. If I had a house I would mortgage it to buy dinar, that is how sure I am about this investment. Buy, buy buy!

[StephanieF]

I did today, took my 3 weeks vacation pay that was going to be for a christmas vacation at Disney and bought an additional 3 million. :happy64:

The Disney vacation will come a bit earlier. ;)

[Gogovs]

I did today, took my 3 weeks vacation pay that was going to be for a christmas vacation at Disney and bought an additional 3 million. :happy64:

The Disney vacation will come a bit earlier. ;)

You got more, so are you convenced that it's this month or later?

[thunderdinar]

I did today, took my 3 weeks vacation pay that was going to be for a christmas vacation at Disney and bought an additional 3 million. :happy64:

The Disney vacation will come a bit earlier. ;)


Why the change of heart all of a sudden?? Weren't you against the whole reval anytime soon thing? And is that you in your avatar pic?



I personally am not greedy I will stick with the million I have.

[fauxdough]

3 Weeks vacation was only worth $2400?

Damn.

[boogirl]

You got more, so are you convenced that it's this month or later?

YES! :lmao:

Come on guys, take the high road. The time for rejoicing is almost here. :happy64:

[StephanieF]

3 Weeks vacation was only worth $2400?

Damn.

Yep, unfortunately. Maybe I should change careers or become a dealer on the side but I won't have to worry about that after the 23rd.

[meninblack]

Why the 23rd Steph?????

[dreeves]

Because the 23rd is the day before Ramahdan starts. Ramahdan is a holiday that has a floating date based on the cycle of the new moon. This year Ramahdan eve is the 23rd. It would be like our US Gov revaluating our currency on Christmas eve. It's good strategy and it would alllow the people to think that Allah was behind and in supprot of their efforts.

[Butterfly6841]

Yep, unfortunately. Maybe I should change careers or become a dealer on the side but I won't have to worry about that after the 23rd.

Do you have a link to support that date of the 23rd? SGS said by the 18th, when did the 23rd come into play?

[lglwzrd]

rb-simple analysis...if you believed in it in the 1st place, which you did when you bought 1.5, then buy more. increase your holdings to 10 mil. do whatever you need to do to get the $$$ to purchase.

[Riceboi]

rb-simple analysis...if you believed in it in the 1st place, which you did when you bought 1.5, then buy more. increase your holdings to 10 mil. do whatever you need to do to get the $$$ to purchase.


Yep you are exactly right. That's why I'm at 4 million now. :)

[mfriedl1]

rb-simple analysis...if you believed in it in the 1st place, which you did when you bought 1.5, then buy more. increase your holdings to 10 mil. do whatever you need to do to get the $$$ to purchase.


please tell me you are being sarcastic.

[StephanieF]

The 23rd is just a date for my personal reasons and yes you should buy as much as you can possibly afford, IMHO.

[Pimpmaximus]

Buy Buy Buy.......

But only what you can afford to lose......

[lglwzrd]

Yep you are exactly right. That's why I'm at 4 million now. :)

go rice bro!!

[lglwzrd]

please tell me you are being sarcastic.

short of breaking the law-im dead serious...and yes i put my $$ where my mouth is. i already am a millionaire-im advancing to billionaire status with this gamble. however-time is on my side. i can afford to wait-years if necessary.

[StephanieF]

Buy Buy Buy.......

But only what you can afford to lose......

Lose? How? You can't lose, Iraq floats on oil.

Forget losing, it won't happen. Edit that and add more BUY BUY BUY!!! :happy64:

Yeahsayers, get going you don't have much time left.

[mfriedl1]

short of breaking the law-im dead serious...and yes i put my $$ where my mouth is. i already am a millionaire-im advancing to billionaire status with this gamble. however-time is on my side. i can afford to wait-years if necessary.
well, maybe you can afford to gamble like that, but the average "joe schmoe" here can't, so for the rest of us, don't morgage your future to buy dinars. Only buy what you can afford to be with out for while. Using money you don't have to spend or can't be with out for a while is just a bad idea.

I am not a naysayer by any means and I'm very positive and hopeful about this investment....I hold dinar in the double digit millions....but after all the rumors coming and going over the last year I've been in this investment, It is clearer then ever to me that this IS a gamble and could take a long time to show any profit....and they may be huge profits, they may be modest profits. So I don't see it wise to mortgage your house or take out a loan, or even worse, use money for rent to buy dinars thinking that you'll "make up for it next month" There are just too many unpredictable variables in the equation.

That being said I DO feel we will see an RV in the near future (with in a year or two) and we will profit from it....maybe alot, maybe just a little, but we will walk away with more then we started.


JMO though.

[mnatividad]

Has anyone placed any orders with Amer in the past few days or the past week? Is he still taking orders. I placed an order just now for another mil and I hope it goes through but at the same time I wouldn't mind getting an e-mail that says "Sorry, due to the upcoming reval we are no longer accepting orders".

[StephanieF]

Yeah , what Mfried said, don't spend the rent, car insurance or other vital dollars. Use common sense but make sure you buy enough that if it only revalues at pennies that you'll still be happy. An RV of 1:1 will get you a million but a 10 cents rv will only get you 100,000 :mad:

[top123]

:no: Don't BUY ON RUMORS.. just play what you have..

NO... NO...NO....NO....:no: :no:

[Butterfly6841]

A half loaf is better than none. Be grateful that you have something. If you can comfortably afford to invest more than do it but don't risk what you don't have.

[Cyberkhan]

I DO feel we will see an RV in the near future (with in a year or two) and we will profit from it....maybe alot, maybe just a little, but we will walk away with more then we started.


JMO though.


I recently caught wind of this and have become an investor...I think that this is the reasoning that I have and will continue to buy what is affordable.

[deerslayer69]

Here's my opinion, as other people have said, buy only what you are willing to lose. Dont " Sell the Fort " so to speak, to buy Dinars. With me money is an issue. Like alot of people, I live paycheck to paycheck, so I'm not about to put off paying any bills to buy more dinar. I just buy a few here and there. as I have the extra money. Luckily I have a dealer in my home town that I buy my dinar from, I can go to his house and pick them up, no having to deal with ordering, and the shipping charges, so I can pretty much just buy at my own leisure. But hey if I could afford a million or so more I'd buy em in a minute, like Stephanie said, the more you have the more you'll make especially if there's a low RV. You can bet I'll be buying more as I have extra money.

[Swoop737]

I would buy more, personally. In fact, I am budgeting here to buy another million in the next week...hopefully I won't be too late!

[dreamer7]

I'm done buying. I hope for the best but expect the worst, this way I will be pleasantly surprised if I succeed! 3 million is enough for me (unless it rv's high, then I will be kicking myself). Wow, I think I just talked myself into buying more, better shut up.