jv1054 Posted July 7, 2013 Report Share Posted July 7, 2013 (edited) Just curious. Lets say a .10 RV happens. Would you ash in all or part of your holdings? I will give my answer after this topic successfully posts. Just curious. Lets say a .10 RV happens. Would you cash in all or part of your holdings? I will give my answer after this topic successfully posts. Edited July 7, 2013 by jv1054 Link to comment Share on other sites More sharing options...
sandfly Posted July 7, 2013 Report Share Posted July 7, 2013 I DONT KNOW WAIT AND SEE Link to comment Share on other sites More sharing options...
jv1054 Posted July 7, 2013 Author Report Share Posted July 7, 2013 (edited) Ok....It posted so here is what I would do. I have 2.5 million so I would cash in 500k and leave the rest for increases. I am considering buying more with some of my funny money I use for Gambling at casinos. I feel the chances of a huge win is much higher with IQD than any game in a casino. Thats a no brainer This excess I buy would help cover the huge taxes we will pay the gov't plus fees I DONT KNOW WAIT AND SEE Well of course we wait and see but I would still like to hear from others. I'm not looking for professional opinions and advice. Don't want it or need it. This is just out of curiosity and FOR ME would be fun to read. Indulge me with this fantasy. It is a fantasy at this point. Edited July 7, 2013 by jv1054 Link to comment Share on other sites More sharing options...
AJC Posted July 7, 2013 Report Share Posted July 7, 2013 I would hold at the .10 rate Something at .50 would have me moving some Dinar. Link to comment Share on other sites More sharing options...
jv1054 Posted July 7, 2013 Author Report Share Posted July 7, 2013 I would hold at the .10 rate Something at .50 would have me moving some Dinar. That sounds reasonable. Thanks for your input Link to comment Share on other sites More sharing options...
ambush_gorilla Posted July 7, 2013 Report Share Posted July 7, 2013 I don't believe that it will RV anything lower than .50.....people with much more money than us would buy in, profiting from eventual increases. BUT, if it did RV at .10, I'm holding. 2 Link to comment Share on other sites More sharing options...
MillieChatham Posted July 7, 2013 Report Share Posted July 7, 2013 But there will be a window of time and you will have to cash in and you won't be able to watch it increase. 2 Link to comment Share on other sites More sharing options...
jv1054 Posted July 7, 2013 Author Report Share Posted July 7, 2013 I don't believe that it will RV anything lower than .50.....people with much more money than us would buy in, profiting from eventual increases. BUT, if it did RV at .10, I'm holding. Ya know that was my initial thought to hold at .10 and wait for it to rise. I guess when it happens Adam will have some valuable info. Thanks for your input. Link to comment Share on other sites More sharing options...
Heavyduty053 Posted July 7, 2013 Report Share Posted July 7, 2013 I still believe what we have here in the US will go to the US treasury to be used later for oil purchases. What good would a little rate of .10 do for the US coffers. They want big amounts, big dollars to play with. They got more scandals to create and it takes money. Maybe I am wrong but I think we will see a larger rate for higher taxes. 3 Link to comment Share on other sites More sharing options...
ambush_gorilla Posted July 7, 2013 Report Share Posted July 7, 2013 But there will be a window of time and you will have to cash in and you won't be able to watch it increase. Says who? I know that it has been put out that there will be a cash in period, but until that's official, I'm holding. 1 Link to comment Share on other sites More sharing options...
jv1054 Posted July 7, 2013 Author Report Share Posted July 7, 2013 But there will be a window of time and you will have to cash in and you won't be able to watch it increase. And this window of time (Adam does mention this) will stay at the initial opening RV and won't raise at all during this window of time? I still believe what we have here in the US will go to the US treasury to be used later for oil purchases. What good would a little rate of .10 do for the US coffers. They want big amounts, big dollars to play with. They got more scandals to create and it takes money. Maybe I am wrong but I think we will see a larger rate for higher taxes. Interesting. I see Iraq RVing at .10 to drag in as many dinar possible. I'm all in with you for a higher rate. Higher taxes is inevitable at any cashing in you do. I also wonder if this so called windfall tax actually exists (has it passed) or is it a bad rumor? A windfall tax would do some additional tax damage. 1 Link to comment Share on other sites More sharing options...
Sweet baby dinar Posted July 7, 2013 Report Share Posted July 7, 2013 Cashing in unless they rd 1 Link to comment Share on other sites More sharing options...
jv1054 Posted July 7, 2013 Author Report Share Posted July 7, 2013 Says who? I know that it has been put out that there will be a cash in period, but until that's official, I'm holding. Adam spoke of the possibility (POSSIBILITY) of this happening but I doubt that it would not increase in this suposed time window unless it was a very short time. When I find the post where he mentioned that possibility I will bring in here. Maybe someone with more experience can find that quote from Adam. Link to comment Share on other sites More sharing options...
coolbeans Posted July 7, 2013 Report Share Posted July 7, 2013 @ .10 I would cash in enough to be debt free with a little extra and hold the rest. 3 Link to comment Share on other sites More sharing options...
calkid11 Posted July 7, 2013 Report Share Posted July 7, 2013 I would cash in a little to pay bills and hold the rest... GO RV..... 1 Link to comment Share on other sites More sharing options...
Little Red Posted July 7, 2013 Report Share Posted July 7, 2013 I am probably going to wait for 1 to 1 before cashing in a small amount. I will see what the deal is about the smaller denominations and I will make up my mind (at that time) if it will be best to trade for the newer smaller bills and hold them for longer. Of course, this will all depend on the time frame allowed for cash in and the release of the smaller bills. Link to comment Share on other sites More sharing options...
goldorsilver Posted July 7, 2013 Report Share Posted July 7, 2013 @ 10 cents......proberly cash most of it and....runnn. 2 Link to comment Share on other sites More sharing options...
sportfisher Posted July 7, 2013 Report Share Posted July 7, 2013 at .10 might cash enough to cover investment cost, then hold. 1 Link to comment Share on other sites More sharing options...
EagleEye Posted July 7, 2013 Report Share Posted July 7, 2013 One thing I have NEVER understood when speaking of a low....10cent RV...what is to prevent the whales from rushing in and buying up every dinar they can find...knowing the stated intention of Iraq is to "restore their former glories" .... 6 1 Link to comment Share on other sites More sharing options...
Little Red Posted July 7, 2013 Report Share Posted July 7, 2013 One thing I have NEVER understood when speaking of a low....10cent RV...what is to prevent the whales from rushing in and buying up every dinar they can find...knowing the stated intention of Iraq is to "restore their former glories" .... I agree, I think it is going to go 1 to 1 very soon, if not start out that way. 1 Link to comment Share on other sites More sharing options...
duty.rec Posted July 7, 2013 Report Share Posted July 7, 2013 One thing I have NEVER understood when speaking of a low....10cent RV...what is to prevent the whales from rushing in and buying up every dinar they can find...knowing the stated intention of Iraq is to "restore their former glories" .... Very good point. Go RRRRRRRRRRRRRRRRRRRRRVVVVVVVVVVVVVVVVVVVVVVVVVVVVVVV 1 Link to comment Share on other sites More sharing options...
nackers Posted July 7, 2013 Report Share Posted July 7, 2013 One 25,000 note at a time so will not have to worry about tax and hopefully watch it rise until I need to go to Belize. 3 Link to comment Share on other sites More sharing options...
TexasRiverman Posted July 7, 2013 Report Share Posted July 7, 2013 after RV at .10, cash in enough to cover expense of initial investment plus reinvest in smaller new demon.. pay less tax, buy smaller bills and have some for later.. Link to comment Share on other sites More sharing options...
eastcreek Posted July 7, 2013 Report Share Posted July 7, 2013 Just curious. Lets say a .10 RV happens. Would you ash in all or part of your holdings? I will give my answer after this topic successfully posts. I'd cash a small amount (maybe a fourth to a third) of mine to insure some profit and to pay off some debt. Then I'd enjoy ( I hope) the ride upward and onward !! Go RRRRVVVVVV !!! 1 Link to comment Share on other sites More sharing options...
Mammaw Posted July 7, 2013 Report Share Posted July 7, 2013 Ditto, I would cash in enough to pay off my car. And if there is a deadline on cashing in, I need to find a place that has the lower denominations so as to trade for the newer currency. I am going to hold until it goes up, and it will. IMO. I am excited just to see it going international, the rest is going to be fast and wild. LOL IMO... 1 Link to comment Share on other sites More sharing options...
Recommended Posts