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14Mil

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Everything posted by 14Mil

  1. Thanks for the warm welcome. I agree, worst case is I get the money I put in, best case I can call the Navy Recruiter that tried to get me to relist and tell him I'm going to Disneyland! ha ha
  2. Hello All, I'm a ex navy officer (O-5) who served in Bahrain for a couple of years in 2002-2003. While there an E-7 I was working with told me about the Iraq Dinar investment. I had recently re-upped and had $10K burning a hole in my pocket, so I put it all down in dinar. I think I bought about $14M, but between deployments I stashed it all in a safety deposit box in my hometown, and haven't been back to count it. To be honest, I forgot about it, that is until my Ex Commanding Officer contacted me a few weeks back and told me things may be popping soon. Thus, I've anxious to join this group. Meanwhile back at the ranch, in the mid 1990's, I had heavly invested in property in Maricopa county, suburb of Phoenix..one of the fastest growing areas in the US. Long story short, a $90K invest at one point was valued at close to $3.6M. You know what happen then, the housing crash. Of course I held it all the way up and all the way down. At one point I also had close to $1m in stocks, again, all the way up and all the way down (but it is back to $400k). I even bought into a medical service business...yup, it's on the verge of going belly up. So...just a warning, if I seem a bit skeptical in my posts, you can understand why. Taking $10K and making millions is beyond my ability to grasp...as they say, hope isn't overcoming experience. I do also want to mention that I have an undergradute degree in Finance and Economics and a MBA. I've traveled to 75 countries, done Gov't business in 35 and stationed in 6. With that said, I'm at a loss to explain currency values. For example, when I was stationed in Iceland in the early 1990's I could not understand how a small country (pop 350,000), who's only claim to fame was fish and geo/hydro power (that can't be exported) could have such a high currency & standard of living. Last year, the walls came crashing down for that country, it was all an illusion. Likewise, when I was stationed in Belize a few years ago, their currency is pegged to the US$1, while most of the other central american countries are not...again, they have a higher standard of living that almost any other CA country, how can they do it? When I see people that have $250 investment and hoping to make several thousands...it brings vesions of people buying lotto tickets at the local 7-11. I bought, because I knew it was a speclative investment, if I made 10% a year great, if I didn't I'd have something to give the grandchildren later in life. Anyway...that's me. I look forward to being educated and hope I can had something positive to the forum.
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