Iraqi dinar is not the best investment now - Kentucky.com

[System]

Iraqi dinar is not the best investment now (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.kentucky.com/mld/kentucky/business/15366828.htm&cid=0&ei=JuoCRemfNriYHIaiiKsN)
Kentucky.com, KY - Aug 26, 2006
Question: I am asking this question for my brother about investing in the Iraqi dinar. I say no, it's a bad idea. He, on the other ...


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[maxie63]

It's obvious that you are still in grade school when it comes to investing, and are afraid to come out of the barn, in which case it's useless to try to explain to people lie you the art of speculation.
Go back to milking the cows and distilling bourbon, where you are safe and leave this to those who aren't afraid to think outside of the box.


MJW:lmao:

[ezfastquotes]

Take what you're comfortable loosing and put it in the Dinar. Thats how you should look at any high risk investment. And never listen to anyone that tells you not to invest. Investing is the smartest thing you can do. Just put no more than 10 percent of your investments into high risk vehicles.

[sincityplayah]

and so we are suppose to take the word from someone who lives in Kentucky????

[sincityplayah]

and so we are suppose to take investing advice from someone who lives in Kentucky????

[peakoil]

My thoughts on this investment will never change until the end of time.
* I invested in this to support GWB, Coalition troops, and the Iraqi people.

* I remain confident that Iraq will turn around and that the media works with the banking cartel to accomplish two things.
a. Throw off speculation
b. Make lots of money from nothing to finance their agendas.
(Good agendas not wicked conspiratorial/evil ones)

* Invested enough to balance an existing portfolio to have this as well.

* Meet lots of nice people who are like minded and enjoy the ride even if it is a complete bomb.

Peakoil..........

[jpadrino]

My thoughts on this investment will never change until the end of time.
* I invested in this to support GWB, Coalition troops, and the Iraqi people.

* I remain confident that Iraq will turn around and that the media works with the banking cartel to accomplish two things.
a. Throw off speculation
b. Make lots of money from nothing to finance their agendas.
(Good agendas not wicked conspiratorial/evil ones)

* Invested enough to balance an existing portfolio to have this as well.

* Meet lots of nice people who are like minded and enjoy the ride even if it is a complete bomb.

Peakoil..........

Well said, peakoil. I'm here for the ride also.:huge:

[peakoil]

Well said, peakoil. I'm here for the ride also.:huge:

many are way too serious about this investment.
Me- I go on the attack when people attack American Ideology.

[Pig-Pen]

And here is another way to look at it. "The world is betting billions that Iraq will be a success, I'm only betting a few thousand." This has been said before and is still a good way to look at this investment.

[millionairetobe71]

Just like PeakOil said....

To support the troops!

Well, there are different ways of doing speculative investing,
1) You are an experienced especulator and you can predict that the currency at some point will turn around making you so rich, that you can afford to send an animated, miss universe hand-waiving style post card to let them that the owner of the yacht could it been them
....or
2) You are a proxy speculator..who think that knows something by reading the tabloids and the postings in the IIF Website....either way...can be classified as an investor...but someone that denied himself or herself of an opportunity, with some patience, is the most self rewarded, most experience investor in stupidity

....and that that's were this Kentuckian person investing experience falls under.... Now, can we blame ignorance? Probably not....if the person has not been introduce to the IIF Website of course...otherwise...you are a big moron....

Get some dinars and feel the rush! :lmao:

MTB 71