Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Recommended Posts

1 minute ago, Adam Montana said:

 

Ok I thought I'd seen your name in there before! 

 

Best of health and wishes to you, friend. 

 

:hug:

Thank you Adam! And to you too! .and GO RVVVV! 😀

Share this post


Link to post
Share on other sites
18 minutes ago, Adam Montana said:

 

Ok I thought I'd seen your name in there before! 

 

Best of health and wishes to you, friend. 

 

:hug:

Hoping we have the RV REALLY soon now!  :rodeo::moneybag::twothumbs:

Edited by DFlat7
  • Thanks 1

Share this post


Link to post
Share on other sites

I thought I'd add a few comments to consider regarding taxes and diversification given the massive debt loads.

 

Going to the bank and exchanging a $100 bill for 5 $20 bills is not a taxable event.

After the RV could we go to the exchange and convert a 25000 Dinar note  for 250 100 dinar notes, again not a taxable event.

 

Why do we expect an RV -- because the Dinar has hard assets (oil, minerals/metals) backing it.

Therefore holding Dinar will possibly be a good diversification.

 

Another idea - buy gold miners stocks -- assuming the company is viable, the value remains regardless of what currency is supreme.

An added bonus is the stocks usually go up exponentially in regards to the gold prices.

 

Some ideas to stir the pot

  • Like 2
  • Thanks 1

Share this post


Link to post
Share on other sites
12 hours ago, RV-2-Day said:

Going to the bank and exchanging a $100 bill for 5 $20 bills is not a taxable event.

After the RV could we go to the exchange and convert a 25000 Dinar note  for 250 100 dinar notes, again not a taxable event.

 

 

Since we're stirring the pot... converting a $100 bill to 5 $20 bills is not a taxable event, you are correct.

 

If there is an RV at 1:1, a 25,000 dinar note would be worth $25,000 - and that cash transaction may trigger a reportable event.

 

This isn't necessarily a bad thing, just something to be aware of.

 

Or it might be a bad thing. Depends on how "lucky" you are.

 

:twocents: 

  • Thanks 1
  • Haha 1
  • Upvote 4

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.



×

Important Information

By using this site, you agree to our Terms of Use.