What's bad about an 800% return ??

[EagleEye]

I'm certainly not an investor...I am new to this whole world and relatively new to DV..but I have heard so much groaning and moaning of late...especially about the report beginning in March that the Dinar to Dollar rate would become $1 USD = $1.17 Dinars...now the way I see it that means for a $1000.00 investment someone could take home $860,000.00...

so tell me what is so bad about an 800% return....

the average American would run to deposit $$$ in any bank that promised and delivered an 8% return

am I missing something ???

I don't think so ....sooooooooooo....RELAX folks...and enjoy the ride....otherwise keep your complaints and gripes to yourself...some of us are happy with whatever blessing we receive...I know that I am..

[jody2010]

my math says $1,000 invested, with an $800,000 = 80000%

[adamfuri]

thats what I was thinking

[FMCC]

800 X 1000 = 800,000 Looks like 800% to me. If you take 1000 X 80,000% you will get 800,000 but that doesn't mean it is 80,000%

[mrparrot]

You're forgetting to figure in the hidden costs of this investment.

The countless lost hours of sleep while sitting in the chat room.

The excessive use of electricity when running computers 24/7 while

watching a multitude of currency conversion sites.

The cost of anti-depressant medications.

The cost of excess amounts of alcohol to take the edge off.

The cost of having pizza delivered every single day because you didn't

want to be away from the chat room for the time it would take to cook

a real meal.

There's more, but I think you get the picture...

[RV4Me333]

OK if they revalue the currency and LOP at the same time what does that do? $1 USD = 1.17 DINAR/IQD. Your 25,000 IQD note cost you about $22 (or more depending on where you bought it and shipping costs) and would now be a 25 IQD note worth $29.25. So, how is that for an investment? Not so hot.

[alaska kirk]

You guys are cracking me up lmao

[bobby_cahill]

This thread alone i wasted 1 pizza and a bottle of JD

[CDEW]

This thread is pointless...

But what the ****, i'm bored.

If you are in business and it cost you $100.00 to make your product, and you sell it for $200.00 you made a 100% profit.....

Are we really arguing over simple math?

[EagleEye]

You're forgetting to figure in the hidden costs of this investment.

The countless lost hours of sleep while sitting in the chat room.

The excessive use of electricity when running computers 24/7 while

watching a multitude of currency conversion sites.

The cost of anti-depressant medications.

The cost of excess amounts of alcohol to take the edge off.

The cost of having pizza delivered every single day because you didn't

want to be away from the chat room for the time it would take to cook

a real meal.

There's more, but I think you get the picture...

MR PARROT Seems like your response gave me the best laugh on this stuff THANKS

[stephen]

if you only make 10 of 20% on your dinar that is better than you can get antwhere else

[EagleEye]

if you only make 10 of 20% on your dinar that is better than you can get antwhere else

my point exactly GO RV !!!

[Mongo]

What's 800% of negative $1000.00............................Group Therapy

[ATTACH=CONFIG]1611[/ATTACH]

[FMCC]

If you invest $1000 and you make $800,000 more ($801,000), that would be a rate of return of 80,000%.

If you invest $1000 and you make $8000 more ($9000), that is a rate of return of 800%.

Now for some real fun!!! Let's assume you spent $1000 for Iraqi Dinar (and you didn't pay somebody $200 for that privilege). Now we have 1,170,000 IQD.

If you cash out after it...

...RVs @ 10 Cents ($0.10), you just made 11,600%

...RVs @ 86 cents ($0.86), you just made 100,520%

...RVs @ $1, you just made 116,900%

...RVs @ $2, you just made 233,900%

...RVs @ $3.22, you just made 376,640%

Almost, ALMOST, sounds too good to be true, doesn't it?

As this, and other threads show, you might want to Google "rate of return calculator" before you tell us our math is wrong.

I see it now. was sleepy with my calculator. my bad

[retirementafterrv]

there is nothing wrong with 800% return, I will take it right now.

thanks for the post. God Bless

[Cherysh]

OK if they revalue the currency and LOP at the same time what does that do? $1 USD = 1.17 DINAR/IQD. Your 25,000 IQD note cost you about $22 (or more depending on where you bought it and shipping costs) and would now be a 25 IQD note worth $29.25. So, how is that for an investment? Not so hot.

Please, lets not get newer people started on the whole LOP theory, its not going to happen that way, its been exhausted the ways it could happen, and it would only happen under extreme inflation conditions, and its not to that.

[SuperFlyJr]

if you only make 10 of 20% on your dinar that is better than you can get antwhere else

That depends on how long you've held it! 10% after a year or more is good but certainly not better than you can get anywhere else.

[chiro]

You're forgetting to figure in the hidden costs of this investment.

The countless lost hours of sleep while sitting in the chat room.

The excessive use of electricity when running computers 24/7 while

watching a multitude of currency conversion sites.

The cost of anti-depressant medications.

The cost of excess amounts of alcohol to take the edge off.

The cost of having pizza delivered every single day because you didn't

want to be away from the chat room for the time it would take to cook

a real meal.

There's more, but I think you get the picture...

This is priceless.. Hey, where do I deduct these EXPENSES on my 1040?? LOL

[mikecoy]

Well said EagleEye...

[tlynn68]

I would take it with no questions asked

[ronbo62]

You're forgetting to figure in the hidden costs of this investment.

The countless lost hours of sleep while sitting in the chat room.

The excessive use of electricity when running computers 24/7 while

watching a multitude of currency conversion sites.

The cost of anti-depressant medications.

The cost of excess amounts of alcohol to take the edge off.

The cost of having pizza delivered every single day because you didn't

want to be away from the chat room for the time it would take to cook

a real meal.

There's more, but I think you get the picture...

Hahaha. That's great. You got a laugh out of me o this one. it just so happens to sound like the old me. Not anymore. i got my life back and glad of it. Now I wait for Adam to send me some intel.

[zoomzoom]

For $1000 investment to produce an $860,000 return would give an 860 times rate of return. Percentage wise this would then be 860 x 100=860,000%

[zoomzoom]

Aw, come on. Learn math. Try to Google 'rate of return calculator". Pick the one from moneychimp. zoom zoom

With all due respect its you that need to learn some math and not rely on calculators. My math is correct. If you don't understand it so be it. Its your loss

[beau777]

I'm certainly not an investor...I am new to this whole world and relatively new to DV..but I have heard so much groaning and moaning of late...especially about the report beginning in March that the Dinar to Dollar rate would become $1 USD = $1.17 Dinars...now the way I see it that means for a $1000.00 investment someone could take home $860,000.00...

so tell me what is so bad about an 800% return....

the average American would run to deposit $$$ in any bank that promised and delivered an 8% return

am I missing something ???

I don't think so ....sooooooooooo....RELAX folks...and enjoy the ride....otherwise keep your complaints and gripes to yourself...some of us are happy with whatever blessing we receive...I know that I am..

You are forgetting how greedy some people can be !

[CDEW]

Dustin,

I would love to believe you are wrong.

But the realist in me says you are not.

I do have a question though....

Why have you invested then?