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THX IRQ

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Everything posted by THX IRQ

  1. its getting popular. ive never seen it mentioned in the news in this area until now. http://www.orlandosentinel.com/business/os-investors-chasing-returns-20110508,0,3617303.story By Richard Burnett, Orlando Sentinel 6:53 p.m. EDT, May 8, 2011 Jonathan Alper has gotten a spate of calls from people who tell him they plan to hit the jackpot with their next investment — in the Iraqi dinar. So certain are the would-be investors of the expected returns on their foreign-currency trades that they are afraid of being targeted by creditors or the Internal Revenue Service. So they call Alper, a Lake Mary lawyer and asset-protection specialist, hoping to shelter their anticipated bounty. "I've had nearly a half-dozen calls in the past year like that," Alper said recently. "… I hadn't heard anything about this Iraqi thing before. Most of the people I know who got hurt by speculative investments in recent years were trying to flip real estate. This is something entirely new to me." Financial experts say a lot of people are tempted these days to go after investments that, under normal circumstances, they would probably consider too risky — from suspect currency schemes to high-stakes trading in commodities such as oil, corn or cotton. Video: CEO pay exceeds pre-recession level That's because they're looking for better returns on their savings. Interest rates on fixed-return investments such as savings accounts and certificates of deposit have been at record or near-record lows for nearly two years now. And the stock market's volatility has been a turnoff for longer than that. Meanwhile, the price of gold has rocketed to tempting, record highs. The price of silver nearly doubled in just the past six months— before plummeting last week as institutional investors fled the precious metal's speculative "bubble." "It is human nature to want to be part of a successful trend, and its very tempting to buy a hot investment — especially when the rest of portfolio is not performing well," said Charles Rotblut, a financial author and vice president of the American Association of Individual Investors in Chicago. "The danger is knowing when to get in and when to get out." Especially risky for the average investor is betting hard-earned money on something at the height of a price run-up that may have already run its course, as silver appeared to do last week and real estate did several years ago. Even gold prices declined last week, an indication that gold, too, may be losing steam. "A properly allocated, well-diversified portfolio that is managed over time is the best approach for these investors," said Roger Johnson, a financial planner with Certified Financial Group Inc. in Altamonte Springs. "My real fear is that these folks who are calling out for help will get answered instead by the sharks." Con artists have long pitched alternative investments in exploiting people's desire to get rich quick. Foreign currencies, precious metals and oil leases, for example, routinely rank among the top investment traps — far too risky for most individuals, according to government securities regulators. But even if they aren't dealing with a too-good-to-be-true scam, do-it-yourself investors, fed up with savings accounts paying less than 1 percent a year interest, can expose themselves to big losses if they get caught up in the market hype surrounding an otherwise legitimate investment, experts say. Much of the current interest in alternative investments, for example, is the result of nervousness over the declining value of the U.S. dollar, experts say, even though such fears have been fanned by alarmists on the Internet and elsewhere. "Unfortunately, this lack of faith in the future of our currency has created a new class of investors seeking almost anything that will create a possible return," said Johnson, the certified financial planner. Foreign currencies hold a particular fascination for some clients, said Cary Carbonaro, a certified financial planner with Stonegate Wealth Management in Clermont. They want to know about foreign-exchange accounts as well as currency-based exchange-traded funds and mutual funds, she said. "That is the flavor of the month I've seen," Carbonaro said. "Here's my advice: Currency trading is very speculative, and almost no financial planners recommend that individuals do it." There are realistic measures people can take to boost their investment returns and hedge their portfolios against inflation and the falling dollar, advisers say. Much of what you can or should do depends on your age, tolerance for risk, financial goals and investment horizon (the amount of time remaining until you retire or otherwise need to spend the money). For example, in a conventionally aggressive portfolio that is 90 percent stocks and 10 percent bonds or cash, investors could place maybe 10 percent of their "stock money" in mutual funds or exchange traded funds based on precious metals, oil or other commodities or foreign currencies. Other inflation-hedge alternatives include real-estate-investment trusts, international bonds and short-term bonds that can be converted to stock or cash should inflation kick in. But there are some caveats to putting money into historically higher-risk investments such as commodities, even when you are investing in professionally traded funds. First, beware of buying at the height of a speculative-price curve. Gold and oil, for example, are already at historic highs, so investing now may set you up for a fall when the markets break. "It is awfully late to get into metals, mining, energy and agricultural commodities now," said Susan Spraker, a certified financial planner and founder of Spraker Wealth Management in Maitland. "If people had bought a couple of years ago, they could have taken profits gradually, over time, to build up their portfolio in a rational way." Instead, too many people get caught up in the hype, jump in at the wrong times and lose money when the market suddenly "corrects" itself, she said. "That's the problem with the 'flavor of the month' approach," Spraker said. "Some people will buy a mutual fund or ETF when they see it on the cover of Money magazine, after it has already run up 60 percent. Then suddenly you have a cyclical shift in the market, that fund falls out of favor, the value drops, and you're stuck."
  2. 100s and 250s are not considered small denoms. we already have 50s out. we are wanting 1s 5s 10s and 20s
  3. good dinar rumor, i hope it turns out to be true.
  4. they dont have DST, CBI usually updates at 10am their time. so 3am east coast and 12am west coast.
  5. they dont have DST, CBI usually updates at 10am their time. so 3am east coast and 12am west coast.
  6. yeah i saw his, mine was up first though. im very good at making sure i dont double post.
  7. amen! thats one of the reasons this stuck out to me. im not much of a rumor guy, been burned too many times with this.
  8. i dont usually see this papajack guy posting stuff like GET or Okie, so i dont know if he is full of it like they rest of them. _____________________________________________________________________________________________________ Papajack Post RUMOR or INTEL, you decide I have been involved in this for going on 4 years, I have made a number of new friends and some awesome contacts. I know well the frustration that many feel with all the rumors dressed up as intel and it’s going to happen this weekend stuff that never happens. We all know the drill. Without revealing any sources as to protect them and others let me give you my take on where we are NOW. If you will remember in January I believe, I told you about intel from a source involved in this process and was told that there are 5 steps a country must do to RV and at that time Iraq was on the third step. I was told from the horse’s mouth at that time it would be at least 3 weeks. However due to political infighting in Iraq and maybe some other places it has taken somewhat longer. I was told a drop dead date to get everything done and RV was May 1st but I haven’t said anything as not to disappoint anyone as we all try to be hopeful it will happen sooner. I was later told that things were accelerated due to the unrest in the ME. Last week I was told that Shabibi had completed EVERYTHING and that there would be tons of disinformation and smoke but disregard it as all is done. I was also told to not be concerned if the rate came out low as it would go up quickly. There are alot of moving parts to get this done but it is done. I’m hopeful this will be a monumental week.
  9. the borders have been shut down multiple times in the past 6 months or so, it doesnt mean anything.
  10. to all the haters that were posting on davhina's thread of the chat: adam was quoting his friend in an email. PLUS it was after translating it from another language! of course its not going to be the typical smooth speaking adam has lol geez the mods are sitting here telling you it was really adam and youre still not buying it.
  11. i think you forgot to sign into the correct account Slade. or should i say gotfetus lol fail
  12. thats terrible about your son and im sincerely sorry that anyone has to go through that, but you should be the one to move along if you dont like what we have to say. you are the one who chimed in on the conversation, not vice versa.
  13. as CTS-VwithRV said...quit coming to the threads that straight up TELL YOU NOT TO COME IN! grow up and quit targeting specific threads to go cry in. should i draw a pretty picture for you next time? was "religion bashers, just turn back around" not enough of a warning? and for the record, nobody incited an argument. the description for Dinar Rumors is as follows: "Speculation and Rumors go here. As with the rest of the site, there is no bashing or trash talk. You may or may not agree with the posts, but you will respect the members!" no where does it say rumors must not contain religious talk. BUT it does say no bashing and you will respect the members. so tell me how respectful your post just was. you used numerous instances of extremist christian happenings from the past that could be the equivalent of you saying all muslims are terrorists. speaking in tongues, burning sage, rattle snakes...
  14. Greed is an excessive desire to possess wealth or goods with the intention to keep it for one's self. I do not intend on keeping it all for myself, and many other people do not either. I will be tithing AND helping friends, family, and strangers....anonymously.
  15. huh? the kuwait dinar and iraqi dinar are completely different. kuwaitis cant buy iraqi products any cheaper than an american could. theres still an exchange rate.
  16. i dont care if you dont believe in prophecy or God, to each his own. everyone has a right to share their own rumors and perspectives based on their beliefs. [LB] I talked to a friend of mine yesterday that is invested. He went to a youth convention with the teens of our church (and the teens and leaders from many other churches) While there during the worship time, 2 seperate people came up to him and prophesied that his investment was about to come through. [LB] didn't even know the people- and the two people didn't know each other or hear what the other said [LB] My friend does not look like someone who would even have investments [LB] My friend had been feeling discouraged about the whole thing- it sure lifted his spirits!
  17. i was not in the chat, did he have any news about goi/budget/hcl/ch7? or was it just about him donating to japan?
  18. THX IRQ

    serial#

    when you find the serials, dont think the bills are counterfeit just because it seems some have identical numbers. this comes up as a concern every month or two. the 2 and 3 look very similar.
  19. THX IRQ

    RV Sunday?

    this should be enough to never repost anything from the GET team again. they dont even know when the summit is.
  20. Ali has said before he will have a heads up X amount of time before RV, i dont remember what X was though.
  21. why cant someone ask what a phrase means without getting bashed or called out or told to watch the news? if you cant/wont answer his question, move on. no need to post anything.
  22. really? the sanctions were said to be a huge road block for an RV
  23. i forgot to come back here and reply, sorry. yes they are circulated.
  24. i dont understand how wanting to buy dinar makes him a pumper.
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