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vatpitt
09-02-2004, 02:53 PM
I'm considering buying a few million of these dinars. I found them for 810 / million. It's eiter that or buy from the site, for 895, which is still a good deal considering the return. Is anyone willing to say how much they have, or if htey're still buying all the time? I'm very curious to see what the norm would be. Thanks

RET
09-02-2004, 02:59 PM
7+ mil. Haven't bought any for a little over a week now. Not positive that I'm done yet . . . 10 million would be my stopping point., though.

vatpitt
09-02-2004, 03:12 PM
ahh. so you're buying little by little? I guess it's hard to gauge how much that's worth to you. Someone with a 500k / year income can probably afford to buy 10mil with out blinking. THe average joe, like myself, that will put quite a dent in my wallet.

RET
09-02-2004, 03:17 PM
ahh. so you're buying little by little? I guess it's hard to gauge how much that's worth to you. Someone with a 500k / year income can probably afford to buy 10mil with out blinking. THe average joe, like myself, that will put quite a dent in my wallet.

Trust me, I've blinked A LOT! ;) Been investing a little here and there for some time now. 500K would be nice . . . don't think my employer could afford that! lol

IraqiFreedom
09-02-2004, 03:18 PM
I've got 3.65M, and am going to order another 0.75M. That will tap me out, though I'd like to buy more. I'm planning on giving Dinar as Christmas presents :huge:

highrollr19
09-02-2004, 03:26 PM
Have got 12 million now! That is about it for me!

vatpitt
09-02-2004, 03:37 PM
what about purchase price? Anyone find a better deal than 810/million? Just curious. 12million is an awful lot of TP if this doesn't pan out...

highrollr19
09-02-2004, 03:39 PM
vatpitt-
PM me and I can help you with that

TYSON
09-02-2004, 03:40 PM
More than 50 less than 100


But its still early.

bottlebush
09-02-2004, 03:46 PM
:( I am envious of course.It seems like my life story. When Chrysler could be got for $0.10 a share. I was between jobs.
Now there's Dinars. Guess what. I moved to Kentucky. I am between jobs again.
I do have a little better than 100,000 though. If the Dinar does >REAL< good, I would be quite happy :)

dinarfor2
09-02-2004, 03:57 PM
1 Million in 5,000 notes... Makes me feel like i got a lot.. :happy64:

Psycho for Dinar
09-02-2004, 03:58 PM
Knock, knock, knockin' on 4 millions doooor.

Iraqi Al Yahud
09-02-2004, 04:00 PM
I just spread out my dinars on my living room floor and pretend :drunk:

anaz
09-02-2004, 04:21 PM
i have 500,000 and will order 1.5 next week. My good neighbors have 6 million. I am so jealous! Everytime they thank us for helping out while he's in Iraq and she is in England, I tell them to put their Dinars where their mouths are and really show their appreciation!!! Getting the 500,000 was a HUGE step for me. I was THRILLED!!!

the_hulk
09-02-2004, 04:33 PM
I'm considering buying a few million of these dinars. I found them for 810 / million. It's eiter that or buy from the site, for 895, which is still a good deal considering the return. Is anyone willing to say how much they have, or if htey're still buying all the time? I'm very curious to see what the norm would be. Thanks
Just curious, where did you find the 810/mil deal? That's better than I've seen anywhere!

Jared
09-02-2004, 05:11 PM
Currently at 92.5M. Would like to hit the big 100 before it comes out! But I'll continue to nibble away until I see it hit. I also started buying last October, so I was getting a much better rate there for a while.

No amount is really to small, even at just 1M, what a return that could bring...

Jared :wave:

RET
09-02-2004, 05:14 PM
Jared, if you are single you better watch out! ;)

BRYAN
09-02-2004, 05:18 PM
Currently at 92.5M. Would like to hit the big 100 before it comes out! But I'll continue to nibble away until I see it hit. I also started buying last October, so I was getting a much better rate there for a while.

No amount is really to small, even at just 1M, what a return that could bring...

Jared :wave:

Dude thats alot of dinar!!!!!
I see you are going to help fund a lot of libraries !!!!!!

BRYAN
09-02-2004, 05:19 PM
I think that 92.5 mil dinars beats King dinar ???

Jared
09-02-2004, 05:21 PM
Dude thats alot of dinar!!!!!
I see you are going to help fund a lot of libraries !!!!!!

Going to help out a lot of Bars first!! :p I just hope I don't end up siding my house with dinars ;)

Jared :wave:

Jared
09-02-2004, 05:22 PM
Jared, if you are single you better watch out! ;)

They'll have to catch me first!!!

Jared :wave:

BRYAN
09-02-2004, 05:24 PM
Spoken like a true single man ....You'll be caught when you do the chasing :rolleye03
I have 4 million 2 on hand and 2 in account in Warka . :happy64:

RET
09-02-2004, 05:25 PM
I was going to say something SMART, but I'm just gonna ;) and :) at you, Jared. No, I'm not coming on to you. However, if I were single and we hooked up together, we'd reach that 100 mil mark!

krachon
09-02-2004, 06:23 PM
7 mil for me. Would like to get to 10. :)

PennStateMtnMan
09-02-2004, 08:20 PM
We have 4 million. When we get extra money, we put it aside and purchase more. My one source just informed me that since I am a repeat customer, he is going to let me purchase a million for $795 per million. :happy64: He ships from Lebonon via registered airmail. Yes, it takes forever to get the package compared to Amer, but I don't have to worry since it is registered.

CAP
09-02-2004, 08:30 PM
20 million up here in Cheeseland. My original plan was to stop at 3 million. Not sure if I will buy more at this point, primarily because I have 3 birthdays, an anniversary, and Christmas to plan for before the end of the year. Can't plan for dinar ONLY you know................ :crying:

vatpitt
09-02-2004, 08:36 PM
i was thinking of buying on ebay. this guy has like 1400 + feedback he seems real legit. i wonder how long it will take from lebanon that's where he is too.. maybe the same dude.

Big Daddy Dinar
09-02-2004, 09:37 PM
I've got 10 million dinar stashed away. I've been tempted to buy more, but being a newly married man, I've got another mouth to feed, so I think I'll have to stop there. Seeing those members who are closing in on 100 million make me really envious. You guys have got a chance to be worth a hundred million dollars someday. My question is, is everyone prepared to hang on to them for the duration? Say it doesn't hit for 5 years. Jared, will you think of trading some of that 100 million back into dollars?

PennStateMtnMan
09-02-2004, 09:50 PM
I've got 10 million dinar stashed away. I've been tempted to buy more, but being a newly married man, I've got another mouth to feed, so I think I'll have to stop there. Seeing those members who are closing in on 100 million make me really envious. You guys have got a chance to be worth a hundred million dollars someday. My question is, is everyone prepared to hang on to them for the duration? Say it doesn't hit for 5 years. Jared, will you think of trading some of that 100 million back into dollars?


My wife and I have set selling points for our Dinars. We WILL NOT sell until it hits .31. Even then, we are only selling 2 million of it. Then we will sell more at 1 to 1 and then sell more after that. If it takes five years to get to .31, then so be it.

RET
09-02-2004, 09:53 PM
Have any of you made charts? :happy26: I've made a chart that shows how much my dinar will be worth at rates of .01, .02, all the way to .50! Silly, I know.

PAB
09-02-2004, 09:57 PM
Have it all mapped out, I know exactly when I will sell and just how much US dollars I will have

PAB

PennStateMtnMan
09-02-2004, 10:06 PM
Have any of you made charts? :happy26: I've made a chart that shows how much my dinar will be worth at rates of .01, .02, all the way to .50! Silly, I know.


I don't find that silly at all. In fact, I am going to do that. I usually think about how much I will make at each point as I am driving to work and driving home from work. While I am at work, all I think about is hoping it hits high soon so I can semi-retire early.

kelleyB
09-02-2004, 10:10 PM
Have any of you made charts? :happy26: I've made a chart that shows how much my dinar will be worth at rates of .01, .02, all the way to .50! Silly, I know.
Uh, yeah! I make charts for the amount my husband has, cuz that is what we are cashing in first. I have done the whole .01 all the way to .75. I have written down what I want to do with that first cash in and estimated how much I need, so then I know what I want it to open up at or between what and what. Nothing silly about that RET. Not one bit. ;)

ROB5891
09-02-2004, 11:49 PM
i'm at 185mil. i promised myself i'll stop at 200 and i will. the safe deposit boxes are starting to almost run more than the actual dinars!!!! i'm hoping that some day it'll hit .01 and that i'll have a cool 2 million USD. anything more than that is a gift. i've got another 15 to go and i'm good. my parents also have alot invested. i'm hoping on a nice 10x return

RET
09-02-2004, 11:55 PM
I'm going to say what everyone is probably thinking: YOU ARE LYING! Just kidding! :p

I just about fell out of my chair! I seriously had to re-read the number! ROB, like I told Jared, if you're not married . . . LOOK OUT! :D

Good for you! Really good for you!

ROB5891
09-02-2004, 11:59 PM
i hope so. thank you RET. i hope this works out for everyone however, we do have to be realistic. i have read Roger's posts and see that he is very intelligent. it insinuates that anything over a penny is excellent. i did buy a lot of dinars, you're right. i think this has the potential to incease 1000 percent. it is only rihgt to invest in one's comfort zone and not put all eggs in one basket. good luck to you RET and all that invested into this extraordinary idea

RET
09-03-2004, 12:17 AM
i hope so. thank you RET. i hope this works out for everyone however, we do have to be realistic. i have read Roger's posts and see that he is very intelligent. it insinuates that anything over a penny is excellent. i did buy a lot of dinars, you're right. i think this has the potential to incease 1000 percent. it is only rihgt to invest in one's comfort zone and not put all eggs in one basket. good luck to you RET and all that invested into this extraordinary idea

I agree 100% with everything you said!

Thank you!

Rags2Riches
09-03-2004, 01:20 AM
I'm up to 2 mil so far. I bought my first from Amer just to see how the shipping and all went (was DHL and the package was received at my home on the east coast in about 3.5 days). I was going to order another 2 mil from him about 2 weeks ago (about the time my ship pulled into Bahrain). While I was there I found the Western Union on the Navy base selling the dinar 718USD per mil. I was kinda skeptic, but bought a mil anyway. I brought it back to the ship and checked for all the security marks and it was legit, so when we pull in next month think I'm going to get about 3 mil more, and that will probably be good enough for me.

Jamel
09-03-2004, 01:53 AM
Currently at 92.5M. Would like to hit the big 100 before it comes out! But I'll continue to nibble away until I see it hit. I also started buying last October, so I was getting a much better rate there for a while.

No amount is really to small, even at just 1M, what a return that could bring...

Jared :wave:

Damn Jared!! You a baller ain't you?? I got 2mil with 2 on the way. When it hits you are going to be happy as this smiley thing :happy64:

Sgt. REMF
09-03-2004, 02:41 AM
@5 million bought in country, 1 stack of Saddam 25 dinar bills in original wrap (250,000 d ), a slew of counterfeit stuff, 8 working rolex(fake) watches-(pawnshops stateside buy em' for @ 100-150 bucks.) Lots of coins, 2 jeweled daggers and a shortsword, an Iranian carpet and 2 brass lamps-w/o the genie. More pirated DVD's than you can shake a stick at and.... finally- Cuban cigars, all shapes and sizes. Being in country and having the ability to travel about does have it's advantages. :D

h0tw0k
09-03-2004, 02:50 AM
Wow...it's interesting to hear where some of us are at. I think it would be even more interesting to do a larger scale survey (by voting for) bar graph with mil ranges. For me it's floating at about 20 mil...only because my coworkers are buying it off from me & I end up reordering more. Just about everyone at work is afraid of taking the risk of placing an order on their own. :rolleye03

wilsonm24
09-03-2004, 08:49 AM
I am sitting at 3mil right now. I figure I can buy easily 500k-1 mil a month until it is released on the market. I am like Rags down there only I live in bahrain and get it at $18 per 25000 note ($718 per mil). Figure with a Jan release I will be alright. Even if it releases before then I am not greedy and will be happy with what I get.

Jared
09-03-2004, 09:03 AM
I've got 10 million dinar stashed away. I've been tempted to buy more, but being a newly married man, I've got another mouth to feed, so I think I'll have to stop there. Seeing those members who are closing in on 100 million make me really envious. You guys have got a chance to be worth a hundred million dollars someday. My question is, is everyone prepared to hang on to them for the duration? Say it doesn't hit for 5 years. Jared, will you think of trading some of that 100 million back into dollars?

Oh ya! But I will wait for it to get in the .25 or higher area before I do. I'll sell it lightly but if it hits a buck, a big chunk will be sold. I will be keeping about 20M for very long term to see what they can do.

Jared :wave:

Jared
09-03-2004, 09:06 AM
Have any of you made charts? :happy26: I've made a chart that shows how much my dinar will be worth at rates of .01, .02, all the way to .50! Silly, I know.

Actually that is not silly at all. I've done the same thing but have it going as far as $2. It helps to visualize it's value to determine selling points. It's shocking how much just 1 cent can change your market value...

Jared :wave:

Jared
09-03-2004, 09:10 AM
Damn Jared!! You a baller ain't you?? I got 2mil with 2 on the way. When it hits you are going to be happy as this smiley thing :happy64:

My insurance is all paid up and have all emergency numbers in my speed dial!! :D

Jared :wave:

Big Daddy Dinar
09-03-2004, 11:57 AM
Oh ya! But I will wait for it to get in the .25 or higher area before I do. I'll sell it lightly but if it hits a buck, a big chunk will be sold. I will be keeping about 20M for very long term to see what they can do.

Jared :wave:
____________________

What if 10 years from now, it's still at the current rate? Will you still be hanging on to it?

TYSON
09-03-2004, 12:22 PM
i'm at 185mil. i promised myself i'll stop at 200 and i will. the safe deposit boxes are starting to almost run more than the actual dinars!!!! i'm hoping that some day it'll hit .01 and that i'll have a cool 2 million USD. anything more than that is a gift. i've got another 15 to go and i'm good. my parents also have alot invested. i'm hoping on a nice 10x return

Rob I thought I was ballin at 75 after seeing your numbers I might need to dip back in. When we are both looking at the same home in the hamptons I dont want you to beable to out bid me.

Good luck bro.

vatpitt
09-03-2004, 12:26 PM
has everyone paid roughly the same value for them. 800/million seems to be right around the price I'd consider paying. I mean 75million that's 60,000 dollars. or did you all buy at a different discounted rate?

highrollr19
09-03-2004, 12:54 PM
vatpitt... depending on the bulk you buy it in, you can get a slightly better rate here and there. Just ask the seller if he will give a bulk discount. You can't find much better than that considering that if you were actually in Iraq you would still have to pay almost $700 per million. So once you take out their fees (brokerage and risk of being there) you are paying somewhere near 800. ANyone who offers it for much under that is probably scamming you!

bryanhenry
09-03-2004, 01:45 PM
I bought 2 million from amer for the 895 but now my brother bought about 25 mil for me and him at 700 a million so we are set

ROB5891
09-03-2004, 01:48 PM
Good luck bro.[/QUOTE]

same to you tyson. i actually also plan on building in the hamptons in a couple of years. south hamptons is the way to go. good luck man

Jared
09-03-2004, 02:09 PM
____________________

What if 10 years from now, it's still at the current rate? Will you still be hanging on to it?

Yup. Because with my luck, the minute I sell it all is when it will go ballistic.

Jared :wave:

zepharis
09-03-2004, 08:42 PM
Just ordered another million from Amer and now I will have 5 million. Plan on stopping there.

Dinars2Dollars
09-03-2004, 11:34 PM
5 million here. I feel small. I wonder how much is invested worldwide by speculators like us. We probably have close to 500 million from this board, and then how much from Egypt, Pakistan, Jordan, Kuwait, Oman, Saudi Arabia, US Military, Warren Buffet types, US Corporations/Investment firms. The numbers could be huge. This demand has to help the dinar rise in value.

sspmhm
09-04-2004, 12:30 AM
Just under 3million. I would love to get more but we just don't have the extra $$$. I stay home with the kids as much as possible but have to work part time right now. When this hits we're hoping for it to be enough for me to stay home ALL the time!!

RET
09-04-2004, 12:33 AM
Just under 3million. I would love to get more but we just don't have the extra $$$. I stay home with the kids as much as possible but have to work part time right now. When this hits we're hoping for it to be enough for me to stay home ALL the time!!

Best of luck in your investment. Hope you can stay home ALL the time. It's sooooooooo worth it. I speak from experience. No regrets. You do without, but have so much more of what matters. :)

sspmhm
09-04-2004, 12:38 AM
Best of luck in your investment. Hope you can stay home ALL the time. It's sooooooooo worth it. I speak from experience. No regrets. You do without, but have so much more of what matters. :)

Thanks! I have been off all summer (I teach private music lessons during the school year) and it has been so hard to get back into it this fall. I'm hoping by this time next year to be at a point where we can cash in some or all of it. Then pay off the house and car!!!! Really if it is around 10 cents should be able to do it. ;)

Dinar007
09-04-2004, 02:47 AM
:( I am envious of course.It seems like my life story. When Chrysler could be got for $0.10 a share. I was between jobs.
Now there's Dinars. Guess what. I moved to Kentucky. I am between jobs again.
I do have a little better than 100,000 though. If the Dinar does >REAL< good, I would be quite happy :)
I'm where you are at right now. It sucks b/c that greed kicks in and you
want to get more. But i'm stopping at a mil.
:wave:

neptune
09-04-2004, 08:08 AM
Best of luck in your investment. Hope you can stay home ALL the time. It's sooooooooo worth it. I speak from experience. No regrets. You do without, but have so much more of what matters. :)


Well said! Couldn't agree more~That is ONE thing money CAN by-More time to spend with family!
:huge:

Hollywood
09-05-2004, 10:06 PM
I'm past ten million and picking up speed.

dinardude
09-05-2004, 10:12 PM
Yup. Because with my luck, the minute I sell it all is when it will go ballistic.

Jared :wave:



SELL Jared...SELL!!!!! :D

kelleyB
09-05-2004, 10:22 PM
Ummm. not enough?

RogerL
09-06-2004, 12:39 AM
I'm currently at 40 million in cash only (no Iraqi bank account), but can't decide whether I want to buy more. I keep running scenarios through my head, making me want to get more, but then reason kicks in and tells me that I have enough.

vatpitt
09-06-2004, 01:46 PM
I have finally learned enough about this situation to make my own best guess, and I think at least in my mind it's summed up like this. THe iraq economy will recover eventually. Too many people have too much invested for it to just collapse to insuragents. There is no doubt about that. However, there is doubt about when and if we will be able to cash in our currency. Say for example they print new money, or they simply dont let us cash in for some unforeseen reason. That is the only risk at this point. I'm not rich, but I can afford to pick some up, I'm at 5million. I will probably stay here, but if I do buy more it will be in increments of 2.5 million.

jayboz
09-06-2004, 09:04 PM
I know everyone has said that you shouldn't buy the dinars if you can't afford it. Well, I currently have 2.5million, but shooting for 10mil. I can not afford to buy 7.5million more right now but I could afford it if it was spread over 3-5 years. Knowing that the dinar will open in the next 6 months (give or take several months), am I crazy to take out a home equity loan and buy 3-8 million more??? Yes, I am going to pay 4% interest but aren't the odds it will take care of it's self and some over time?

Is this a crazy and gutty move?? Would you do that? :o

vatpitt
09-06-2004, 09:08 PM
there is no way on gods green earth I would do that. But i bet you can find some people on here that would. Any descent investor would still say this has high risk, high rewards, but high risk nonethe less. If I were you I'd buy in increments of 1million when u can afford it. i dont see any price breaks in buying in bulk. Plus, it might go down a little more before it goes up anyway.. Just my opinion

Psycho for Dinar
09-06-2004, 09:09 PM
I know everyone has said that you shouldn't buy the dinars if you can't afford it. Well, I currently have 2.5million, but shooting for 10mil. I can not afford to buy 7.5million more right now but I could afford it if it was spread over 3-5 years. Knowing that the dinar will open in the next 6 months (give or take several months), am I crazy to take out a home equity loan and buy 3-8 million more??? Yes, I am going to pay 4% interest but aren't the odds it will take care of it's self and some over time?

Is this a crazy and gutty move?? Would you do that? :o


HELL NO! A home equity loan? NOOOOO, treat this like a vacation or a night out. Leave your home out of it!

jayboz
09-06-2004, 09:14 PM
HELL NO! A home equity loan? NOOOOO, treat this like a vacation or a night out. Leave your home out of it!
I spoke before I thought what I said. We were just looking into a home equity loan to consolidate some bills so that's why I had home equity on the brain. I actually meant a personal loan. I know, still a crazy idea! :o

jayboz
09-06-2004, 09:16 PM
there is no way on gods green earth I would do that. But i bet you can find some people on here that would. Any descent investor would still say this has high risk, high rewards, but high risk nonethe less. If I were you I'd buy in increments of 1million when u can afford it. i dont see any price breaks in buying in bulk. Plus, it might go down a little more before it goes up anyway.. Just my opinion
Your opinion is currently my plan right now. I just all of a sudden had this crazy loan idea and wanted some input from others. Mostly to probably talk some sense into my crazy thoughts! Thanks vatpitt! :)

Psycho for Dinar
09-06-2004, 09:16 PM
I got a personal loan for my first investment of 3 mill. I wouldn't put a house on the line for it though! Just me!

zepharis
09-06-2004, 11:38 PM
It does not sound "crazy", lots of people take out loans or charge on a credit card for things. Just know that this is a risk and there is no guarantee of the return. I have 5 miliion and am stopping there because I cannot afford to lose more. Also depends on how much equity you have and what your credit is like.

Jared
09-07-2004, 07:56 PM
I know everyone has said that you shouldn't buy the dinars if you can't afford it. Well, I currently have 2.5million, but shooting for 10mil. I can not afford to buy 7.5million more right now but I could afford it if it was spread over 3-5 years. Knowing that the dinar will open in the next 6 months (give or take several months), am I crazy to take out a home equity loan and buy 3-8 million more??? Yes, I am going to pay 4% interest but aren't the odds it will take care of it's self and some over time?

Is this a crazy and gutty move?? Would you do that? :o

Just remember that this can still be a bust too. You want to then keep paying for it? The interest paid will also increase your investment costs if you are tracking stuff like that. I don't think I'd be willing to hang a loan on something like this. If it busts, I'm only out what I paid. I'd hate to then see a bill come in that basically paid for money that is no good. Just keep nibbling away and try to stay inside your financial situation. Your idea could net you a nice chunk of $$ too, it's not an easy coin to flip! ;)

Jared :wave:

RogerL
09-07-2004, 08:12 PM
Just remember that this can still be a bust too. You want to then keep paying for it? The interest paid will also increase your investment costs if you are tracking stuff like that. I don't think I'd be willing to hang a loan on something like this. If it busts, I'm only out what I paid. I'd hate to then see a bill come in that basically paid for money that is no good. Just keep nibbling away and try to stay inside your financial situation. Your idea could net you a nice chunk of $$ too, it's not an easy coin to flip! ;)

Jared :wave: I agree that there is a cost if you borrow even a small amount for investing in dinar. However, on the other side of the ledger, you also have an opportunity cost associated with the investment even if you've borrowed nothing. That opportunity cost could be minimal if you simply would have socked the money away into a money market account paying 0.03% interest. Or it could be considerable if you would have invested in some different investment vehicle. Those of us who have pumped tens of thousands of dollars into this investment probably have a significant opportunity cost.

I, personally, did borrow some money in a home equity loan to pay for some of my dinar, but that has recently been wiped out after exercising some of my company stock options that were expiring this year. Of course I knew I would have to exercise, so I was aware it was no more than a short-term loan anyway. My personal opinion is that if you can afford the payments and that it won't crimp your lifestyle, it may not be a bad decision as long as you're aware that it's possible the whole investment could go bust. It's all dependent on your tolerance for risk. Since we're all invested in dinar, I have to guess that most, if not all, are fairly risk-tolerant.

JeffEdmo
09-07-2004, 08:28 PM
How much risk is there, REALLY?? I mean, there's going to be an opening, right? And a short time later banks all over the world will begin exchanging the currency, right? So, if it opens at 1460/$1 and never goes up (unlikely) then you cash in and get all your money back, right? It seems like the biggest issue is getting big enough balls to jump in and go for the ride...

ISX_TIME
09-07-2004, 08:30 PM
How much risk is there, REALLY?? I mean, there's going to be an opening, right? And a short time later banks all over the world will begin exchanging the currency, right? So, if it opens at 1460/$1 and never goes up (unlikely) then you cash in and get all your money back, right? It seems like the biggest issue is getting big enough balls to jump in and go for the ride...

Oh yeah !!
NO GUTS, NO GLORY

Jared
09-07-2004, 10:04 PM
Since we're all invested in dinar, I have to guess that most, if not all, are fairly risk-tolerant.

My view of risk-tolerant would be only buying dinars with money you can afford to lose. Taking out loans on something that has no guarantee might be running a fine line. You have to look at both economies for this, not just Iraq but the US as well. A person takes out a loan to buy dinars, the dinars bust and a month later they lose their job. It's a pretty pickle that could happen to anyone. Many things can happen, one must weigh their options to try to limit risks. This of course varies on each persons situation.

Jared :wave:

highrollr19
09-07-2004, 10:29 PM
I would not suggest that! But, that is me. I don't see the need to get greedy here. If you have a million, then you have enough to make a very nice sizable profit (with little loss on the flip side). I can't remember who posted it earlier, but look at like a trip to Vegas. You drop a grand, and have a good time! I mean, you could win money, and you could lose it also! Either way, if you enjoyed the ride, and it didn't break the bank, then you aren't really losing anything. Would you take out a home equity loan to go to vegas? Then I wouldn't do it here! Take what you have, and maybe even get a little more. Instead of eating out, stick some money in a pot... don't go to the movies this week...etc. Then, when you have enough for some more dinar, buy some if you'd like!

jguebara
09-08-2004, 11:12 AM
Hi Guys. I'm New Here Too But Have Been Reading, Reading And Reading More Of What Everyone's Thoughts/concerns/educated Guesses Are. I Too Have Purchased Dinars But Now I'm Concerned That The 4 Mil I Hold In The 25,000 Dinar Should Have Been Purchased In Smaller Denominations. Any Thoughts To Rest My Uneasiness

Psycho for Dinar
09-08-2004, 11:15 AM
Hi Guys. I'm New Here Too But Have Been Reading, Reading And Reading More Of What Everyone's Thoughts/concerns/educated Guesses Are. I Too Have Purchased Dinars But Now I'm Concerned That The 4 Mil I Hold In The 25,000 Dinar Should Have Been Purchased In Smaller Denominations. Any Thoughts To Rest My Uneasiness

Don't worry at all about it. The 25,000 note is the most secure offered with 5 security features!

jguebara
09-08-2004, 11:18 AM
Don't worry at all about it. The 25,000 note is the most secure offered with 5 security features!


Thanks. It would be very akward to hold that much in smaller bills which is why I opted for larger bills. I appreciate your quick response.

vatpitt
09-08-2004, 11:41 AM
i'm goign to get some 5k and 10k bills mostly for show. Just b/c I want to. BUt i dont think there will be any issues with the 25k ones. The more funny looking money I can get the better for me. :D

highrollr19
09-08-2004, 12:44 PM
makes for better wallpapering if the whole thing doesn't work out! A nice variety!

Jared
09-09-2004, 03:43 PM
Hi Guys. I'm New Here Too But Have Been Reading, Reading And Reading More Of What Everyone's Thoughts/concerns/educated Guesses Are. I Too Have Purchased Dinars But Now I'm Concerned That The 4 Mil I Hold In The 25,000 Dinar Should Have Been Purchased In Smaller Denominations. Any Thoughts To Rest My Uneasiness

Not to worry. Besides, I think you'd hate to take 4M in the 50 denoms to the bank (unless you have an iron truss laying around :) ).

The 25's have the most security as has been stated. The more secure the better, but the smaller quantity of bills will make it easier when exchange time comes.

Jared :wave:

marine_eod
09-10-2004, 08:35 AM
I'm currently in Iraq and have bought 1 million for $712.00. I'll probably get about two million more before returning to CONUS and then I plan to order a little online every month. The prices are inflated so I'll get what I can afford here before I purchase online. I've never traded currency before so this is a new addition to my investment portfolio.

FAST1
09-10-2004, 10:08 AM
Risk to profit ratio is on your side in this instance. Not everyday a country has their gov and currency replaced. Just don't overextend yourself. ;)

VMan32
09-10-2004, 10:30 AM
If you are fortunate enough to be working in the middle east, specifically Kuwait, you can get 1 million for 200 KD which is about 680 US. If not, then I guess you will have to pay more elsewhere.

gerouse
09-10-2004, 11:13 AM
I have 6.3 M and bought in one shoot.


Not at all any more, If i have to be rich, I will become with these.

thanks
genrouSE

ekim
09-19-2004, 01:52 PM
I have 2M and I did a quick count of the above posts and came up with 580 Million !! I had o estimate some because of the "between 50 and 100" type posts but I think we have a lot !!

kelleyB
09-19-2004, 01:55 PM
We have 1,708,000.00 right now. But hubby is finishing his Mil in Iraq and then next month he buying another million.

So put us down for 3mil

psuvicky
09-19-2004, 02:13 PM
I have around 5 million or more. Both myself and my hubby have been purchasing off of the best supplier in the world!!!!! :happy64:

bottlebush
09-19-2004, 04:54 PM
Ya=I'm the Pauper here (All my $$ went into re-locating to a new house in another state) Then the wife had medical problems. So,,unemployed. YIKES!!!!
All will be well in a while :)
Soooo, anyway. Ya can add my 112,750 to the total here.
C'MON Dinar
1nid to $1usd Please Please :happy64:

mike55
09-19-2004, 05:08 PM
I'm currently @ 6+ mil....and growing. I have that much confidence in Iraq's future....

anaz
09-20-2004, 10:30 AM
I posted 500,000 as my beginning fund. I now have 2,190,100 NID!!!! So, if anyone is counting, add 1,690,100 to the total! I want to get more, but slowly, slowly. My school district pays once a month. One day, when I've traded in my NID, I won't care when the district pays!!!