pluMmet Posted August 24, 2010 Report Share Posted August 24, 2010 Given an RV how many people here are cashing out right away and how many are holding onto what percentage for how long? And why? 4 3 Link to comment Share on other sites More sharing options...
buckwheat Posted August 24, 2010 Report Share Posted August 24, 2010 Given an RV how many people here are cashing out right away and how many are holding onto what percentage for how long? And why? Can't say until I know what it RV's at 1 Link to comment Share on other sites More sharing options...
JenGirl321 Posted August 24, 2010 Report Share Posted August 24, 2010 So you become a member and THAT is your first question? I smell a spy... 6 1 Link to comment Share on other sites More sharing options...
sportfisher Posted August 24, 2010 Report Share Posted August 24, 2010 depends on rate and window for large notes if RV/RI definately cash out enough to eliminate all debt, then see 3 Link to comment Share on other sites More sharing options...
kingfish Posted August 24, 2010 Report Share Posted August 24, 2010 IRS agent? Probably just a curious newbie. Link to comment Share on other sites More sharing options...
Steveruss Posted August 24, 2010 Report Share Posted August 24, 2010 cash out enough to improve lifestyle and pay off bills and reinvest some of it back in iraq and other investments Link to comment Share on other sites More sharing options...
Unitedrich Posted August 24, 2010 Report Share Posted August 24, 2010 Given an RV how many people here are cashing out right away and how many are holding onto what percentage for how long? And why? First off, welcome to DV. Your question has too many variables in it for me to answer at this point. Some of the variables I am referring to are: 1. At what rate does it RV at? 2. How long before it is traded on forex? 3. What type of window if any are we given to turn in the big bills? There are others, but this gives you a sense of what I am talking about. I personally will only cash in a small amount if I feel I can have a better return later, however, I do not want to take a long term chance on Iraq for more than 90 days after RV. Thanks for the Post! 5 Link to comment Share on other sites More sharing options...
sportfisher Posted August 24, 2010 Report Share Posted August 24, 2010 So you become a member and THAT is your first question? I smell a spy... Good point DH smells like.................................camel poop 2 1 Link to comment Share on other sites More sharing options...
Uncle Barkie Posted August 24, 2010 Report Share Posted August 24, 2010 LOL...I'm with you on that one U.R. . Too many variables to accurately answer that now , but if it comes out at a decent return I'll cash out say ...500k , and save the majority for a better spread and higher return that will come in the months after the RV. Once it hits FOREX it will take off like a rocket for those " poo poo heads" that were'nt intelligent enough to invest like us, before hand. 1 Link to comment Share on other sites More sharing options...
ajob Posted August 24, 2010 Report Share Posted August 24, 2010 I am not going to cash out anything. I got involved in this as a souvenir collector. 4 Link to comment Share on other sites More sharing options...
Joe P Posted August 24, 2010 Report Share Posted August 24, 2010 First off, welcome to DV. Your question has too many variables in it for me to answer at this point. Some of the variables I am referring to are: 1. At what rate does it RV at? 2. How long before it is traded on forex? 3. What type of window if any are we given to turn in the big bills? There are others, but this gives you a sense of what I am talking about. I personally will only cash in a small amount if I feel I can have a better return later, however, I do not want to take a long term chance on Iraq for more than 90 days after RV. Thanks for the Post! Hey guys... I've been reading your posts for months...maybe you have caught a few of mine. Here is my suggestion: cash all in and rebuy on Forex. That way you pay less overall tax. When the value goes up and the spread levels off you resell with only capital gain tax minus the shelters of reinvesting profit. Keep your new wealth electronic and not paper. Paper worries me..Iraq could pull a fast one 30 days after RV and void all remaining paper bills. I don't want to be caught off guard. So if it comes out at a buck and you get 5 million...rebuy a million and wait till it goes to 3 on Forex. Then sell again at long term cap gains of 15%. Make sense? Best... 1 Link to comment Share on other sites More sharing options...
BANE Posted August 24, 2010 Report Share Posted August 24, 2010 Hey guys... I've been reading your posts for months...maybe you have caught a few of mine. Here is my suggestion: cash all in and rebuy on Forex. That way you pay less overall tax. When the value goes up and the spread levels off you resell with only capital gain tax minus the shelters of reinvesting profit. Keep your new wealth electronic and not paper. Paper worries me..Iraq could pull a fast one 30 days after RV and void all remaining paper bills. I don't want to be caught off guard. So if it comes out at a buck and you get 5 million...rebuy a million and wait till it goes to 3 on Forex. Then sell again at long term cap gains of 15%. Make sense? Best... Your 30 day window is ridiculous. It would have to be at LEAST a YEAR window. Link to comment Share on other sites More sharing options...
pluMmet Posted August 25, 2010 Author Report Share Posted August 25, 2010 I'm a spy for me I just started reading the Adam guys stuff. I've had my Dinar for about 5 months off of some advice from family members. I thought I saw someone say that there could be a grandfathered in tax hole if you sell early but if you sell later you would pay more...That is the root of my question 1 Link to comment Share on other sites More sharing options...
gfulcher66 Posted August 25, 2010 Report Share Posted August 25, 2010 off the advice of a couple i respect i will set up a trust the day after it rv then cash in within a month or so directly to the trust. That will give it a little time to go up from all the currency traders that jump on it but minimizes much risk. just my .02 I cant wait to take a few wks off work and interview every advisor i can find...Adam Montana your on the top of my list! Link to comment Share on other sites More sharing options...
DinarDiva007 Posted August 25, 2010 Report Share Posted August 25, 2010 off the advice of a couple i respect i will set up a trust the day after it rv then cash in within a month or so directly to the trust. That will give it a little time to go up from all the currency traders that jump on it but minimizes much risk. just my .02 I cant wait to take a few wks off work and interview every advisor i can find...Adam Montana your on the top of my list! Then you better join VIP before the RV if you want Adams help. GO RV!!!!!!!!!!!! 1 Link to comment Share on other sites More sharing options...
oildriven Posted August 26, 2010 Report Share Posted August 26, 2010 No matter the RV rate, I'm cashing in a third of what I have, Retiring and living a comfortable life with my sexy, latina Wife. Link to comment Share on other sites More sharing options...
2dinar1dong Posted August 26, 2010 Report Share Posted August 26, 2010 I am not going to cash out anything. I got involved in this as a souvenir collector. That has to be the BEST POST today LOLOLOLOLOL....Thanks I needed that. Link to comment Share on other sites More sharing options...
marineonwatch Posted August 26, 2010 Report Share Posted August 26, 2010 I am not going to cash out anything. I got involved in this as a souvenir collector. I'm gonna open a BBQ restaurant in Bagdad. Can't beat chicken and wings. Link to comment Share on other sites More sharing options...
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