securityguy

To solidlogic...You are wrong. I have a friend who is a double amputee. He understands that it is not Gods will to restore his legs at this time. He also understands that it IS Gods Will to restore this corrupt world to his origional purpose. That includes restoring Mankind to perfection under a Rightous Heavenly Government.

I was going to comment, but after that last comment, what is there left to say? Consider this a NON Comment.

Mrwhitewolf69...Rich is very reletive. To some folks rich is having all the money they want. To many in this and other countries I am already rich as I have good health and just enough coming in each month to break even. At the current rate, that won't last long. To me, rich would be to be able to lead a reasonable life and never have to worry if there is going to be enough money to meet all your needs and have a little extra to travel a little and help out some friends and family. My wife says she has it all refined even a little better. She says," I only want one thing, that's my own way"

Someone please step up to the plate and please answer this persons question. I have been wondering the same thing. As Adam pointed out to me, we may have to swallow up to a 25% spread also. (the buying rate will be up to 25% less than the selling rate..The Spread) Then you have to satisfy the taxes. Maybe anouther 25%......Easy to see 50% gone before we spend a penny.

Anybody want to comment if they think the spread will grow smaller after the RV has been done for awhile. Like maybe 60 or 90 days?

WOW........25% Spread. That's a killer. 25% taxes.....There goes half allready.

Thank you very much for that post. I went over that just today with my Credit Union. They don't call it interest, they call it shares but a checking account is the only account that does not pay shares. The account that I had set up for wire transfer at Cash In will have to be closed or used after I split some funds up.

Well................................Where would YOU be if you had to read Right to Left.

I know this has been covered before but I can't find it. One more time if you would for the blockheads like me. If the Exchange Rate is 1 to 1 ( 1 IQD= 1 USD ) how will it appear on the CBI Site? Likewise, if the Exchange Rate is 1 IQD = .86 USD Thanking you in advance. A slow learner.

Adam; Please Badge me. I too feel ill at ease to send in photo. My Dinar is still in the FEDEX package in a safe place. Thank you.

Good advice from all. Thank you.

I have ran my own on line business for the last eight years and have Never had to stoop to being unfair or dishonest. I don't intend to start now or any time soon. My only concern in not having the Gifting Letters is the kids will not be able to show the source of their sudden wealth. If they deposit the money in the bank that will allert the IRS. I am thinking to be safe, maybe I just need to Bite the Bullet, pay the taxes and give them what the law allows tax free.

Thank you all for your reply. I think I will consider a little from each post and First consult a good Tax attorney. I like the option of gifting each 25K. Four of the five are married with at least two children. That would take care of the 100K all at once if I can gift the grandchildren also. My fifth son is 36 and a minister and says he just does not have time to serve Two Masters. (his little joke) 25K for four years would probibly be better for him anyway. He only works part time at his secular job. Again, thank you all for your input, but one more question. Would I need Gifting Letters to do the 25K thing?

I have Five children and would like to make sure they each get a share of the spoils. How would be the best and simplest way to be assured they will get a portion. I wanted to give each one of them 100,000 IQD and let them pay their own taxes. I thought we would all cash in togather to better get the Banks best spread. I am VIP?

Well than, why does your little man have his shades on?

How does one go about investing in Gold? What do I do to get started? Is Gold better than say Rental Prtoperty?

Nothing concrete to really base it on, but my Gut tells me this time next month the RV will be History. I keep telling myself, Balance, Balance, Balance... There has been some compelling articles posted lately that have raised my Hope Factor.

You ask,"why do they do this, what can they possibly accomplish." It's called EGO. Haven't you ever met one of those that claim to have done and know all. Add up all there experiance and they should be120 years old. We have a guy at work that when we all compare his stories, he was an Army Major,Navy Seal, and Air Force PJ. They are like a child starved for adoration. Attention..Attention..Attention It strokes there EGO, even at the risk of looking foolish.