coorslite21 Posted April 11, 2023 Report Share Posted April 11, 2023 So the day comes when the CBI announces a change in value to a 1-1 rate with the USD... Whatcha gonna do.....? Put a $million bucks in your pocket.....walk down to the bank?.....perhaps jump a plane with your $million bucks and head offshore to open a bank account in another country? Worried about taxes? Whatcha gonna do....? CL 2 1 3 Quote Link to comment Share on other sites More sharing options...
Highlanderdinar Posted April 11, 2023 Report Share Posted April 11, 2023 2 hours ago, coorslite21 said: So the day comes when the CBI announces a change in value to a 1-1 rate with the USD... Whatcha gonna do.....? Put a $million bucks in your pocket.....walk down to the bank?.....perhaps jump a plane with your $million bucks and head offshore to open a bank account in another country? Worried about taxes? Whatcha gonna do....? CL First thing I’m gonna do is get off the floor after fainting and then 2 1 2 2 Quote Link to comment Share on other sites More sharing options...
Hotcurl Posted April 11, 2023 Report Share Posted April 11, 2023 #1- pay the minimum legal tax's. #2- pay off any debts mine and the family. #3- put myself on a fat monthly allowance and the remainder $$$ to work. #4- yet to be determined 11 minutes ago, Highlanderdinar said: First thing I’m gonna do is get off the floor after fainting and then That too ^^^^^ RV there yet ? 5 2 2 2 Quote Link to comment Share on other sites More sharing options...
ddprint22 Posted April 11, 2023 Report Share Posted April 11, 2023 Not spend a dime of The non USD currencies. 1) Convert the balance of just one of the ROTH holdings to Silver. 2) Convert the second holdings of ROTH equally between Palladium and Platinum. 3) Begin to use one Crypto ROTH to live on. 4) Also begin to use a second Crypto ROTH to live on and gradually pay off monthly debt without attracting attention. 5) Get a pre-determined bundle of non USD currencies into an already established LTD, bank account - once the bank account has been established. 6) Get a pre-determined bundle of non USD currencies into a second established LTD, bank account - once the bank account has been established. 7) Get to a large Bank in the USA that is not going down the tubes and fund a pre-determined amount of 'unexchanged' non USD currencies into a CRUT which includes a life insurance policy - and draw 20 years of monthly income at a reduced tax rate. 😎 Do number 7, four (4) more times for family members. 9) Start to invest funds which are controlled by the LTD's. Life is good.👍 -ddprint22 4 2 1 3 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted April 11, 2023 Report Share Posted April 11, 2023 Like the country western song......."Buy dirt, because He ain't making any more of it!" and maybe fulfill that Bucket List I keep dreaming about! 2 1 1 4 4 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted April 12, 2023 Report Share Posted April 12, 2023 With the world economic system in complete disarray, my plans have changed since the early days. So many so-called experts are warning us of the collapse of the dollar and the banking system with the imminent arrival of Gesara/Nesasra and the elimination of the IRS. Although the aftermath is to be great for us, the question remains of how best to prepare. Obviously, I hope to get Adam's instructions on his plan for moving forward. I have left my options open for various paths. I am fortunate to live in an area that has a college with a strong Business Department (even has a Blockchain Division) and I am taking advantage of their courses. One thing for sure - I will not cash in and leave millions in the bank to be vulnerable to a bail-in. It is imperative for those who want to keep their windfall longterm to recognize the times we are in and act accordingly. 3 2 2 5 Quote Link to comment Share on other sites More sharing options...
screwball Posted April 13, 2023 Report Share Posted April 13, 2023 On 4/12/2023 at 4:33 AM, Hotcurl said: #1- pay the minimum legal tax's. #2- pay off any debts mine and the family. #3- put myself on a fat monthly allowance and the remainder $$$ to work. #4- yet to be determined That too ^^^^^ RV there yet ? now thats a plan..... 2 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted April 13, 2023 Report Share Posted April 13, 2023 On 4/12/2023 at 6:53 AM, ddprint22 said: Not spend a dime of The non USD currencies. 1) Convert the balance of just one of the ROTH holdings to Silver. 2) Convert the second holdings of ROTH equally between Palladium and Platinum. 3) Begin to use one Crypto ROTH to live on. 4) Also begin to use a second Crypto ROTH to live on and gradually pay off monthly debt without attracting attention. 5) Get a pre-determined bundle of non USD currencies into an already established LTD, bank account - once the bank account has been established. 6) Get a pre-determined bundle of non USD currencies into a second established LTD, bank account - once the bank account has been established. 7) Get to a large Bank in the USA that is not going down the tubes and fund a pre-determined amount of 'unexchanged' non USD currencies into a CRUT which includes a life insurance policy - and draw 20 years of monthly income at a reduced tax rate. 😎 Do number 7, four (4) more times for family members. 9) Start to invest funds which are controlled by the LTD's. Life is good.👍 -ddprint22 nice....well thought out! 1 2 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted April 13, 2023 Report Share Posted April 13, 2023 8 hours ago, Shedagal said: One thing for sure - I will not cash in and leave millions in the bank to be vulnerable to a bail-in lets hope we have this as an option.....i think funds and bank accouts will be frozen the moment they reset..and we will win.....watch texas....gold backed didigtal assets with cash, only way to go.....forget washington they are captured foreign asset and no longer relevant. watch texas. They will have golds backed by september 2023..they will be benchmark. I for one am lookong at buying large properties in texas.....gold...silver...guns...dogs....happy days 1 1 8 1 Quote Link to comment Share on other sites More sharing options...
cws Posted April 15, 2023 Report Share Posted April 15, 2023 Exhale! Then smile. Then hope all my Dinar is legit. Once all my processes done and I know I have significantly more money then I do now I’ll pop the champagne 🍾 🥂 to celebrate. 1 1 1 5 Quote Link to comment Share on other sites More sharing options...
hspotman Posted April 15, 2023 Report Share Posted April 15, 2023 Go see my tax guy, pay ALL my taxes, then breathe a huge breath of relief. 1 3 2 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted May 4, 2023 Report Share Posted May 4, 2023 On 4/11/2023 at 2:23 PM, ddprint22 said: Not spend a dime of The non USD currencies. 1) Convert the balance of just one of the ROTH holdings to Silver. 2) Convert the second holdings of ROTH equally between Palladium and Platinum. 3) Begin to use one Crypto ROTH to live on. 4) Also begin to use a second Crypto ROTH to live on and gradually pay off monthly debt without attracting attention. 5) Get a pre-determined bundle of non USD currencies into an already established LTD, bank account - once the bank account has been established. 6) Get a pre-determined bundle of non USD currencies into a second established LTD, bank account - once the bank account has been established. 7) Get to a large Bank in the USA that is not going down the tubes and fund a pre-determined amount of 'unexchanged' non USD currencies into a CRUT which includes a life insurance policy - and draw 20 years of monthly income at a reduced tax rate. 😎 Do number 7, four (4) more times for family members. 9) Start to invest funds which are controlled by the LTD's. Life is good.👍 -ddprint22 Whats a LTD? 1 Quote Link to comment Share on other sites More sharing options...
ddprint22 Posted May 9, 2023 Report Share Posted May 9, 2023 On 5/4/2023 at 11:50 AM, new york kevin said: Whats a LTD? Domestic entities: LLC S CORPORATION C CORPORATION Offshore entities: LTD 2 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted May 16, 2023 Report Share Posted May 16, 2023 On 5/9/2023 at 9:23 AM, ddprint22 said: Domestic entities: LLC S CORPORATION C CORPORATION Offshore entities: LTD Thanks. I appreciate that info. Quote Link to comment Share on other sites More sharing options...
BETTYBOOP Posted November 25, 2023 Report Share Posted November 25, 2023 Nothing for about a week. Sit and think of options to keep it safe. Cash in enough to cover essentials at the time. If it is above £2.50 I am all out. Might invest in some property to rent out. Pay all my dents off except the mortgage as it would actually cost me 30000 more to pay it off completely. Buy a camper van and go where ever the road takes me for a while 4 1 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 27, 2023 Report Share Posted November 27, 2023 On 11/26/2023 at 3:28 AM, BETTYBOOP said: Nothing for about a week. Sit and think of options to keep it safe. Cash in enough to cover essentials at the time. If it is above £2.50 I am all out. Might invest in some property to rent out. Pay all my dents off except the mortgage as it would actually cost sounds good to me my plans very similar....positive and negative geared cash properties in trust for my family. we need to buy a new home we just sold this one, and then travel in luxury motorhome 4 1 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 28, 2023 Report Share Posted November 28, 2023 wealth management at a large bank, I have enough dinar to hire a team to cover all aspects of investing Help you grow and protect your wealth while minimizing risk. Set and develop strategies to meet your financial goals. Manage your investments based on your risk tolerance and time horizon. Use tax-efficient strategies to reduce the impact of local, state, and federal taxes over time multi millionairs typically rely on a team of financial experts, including tax specialists, estate planners, investment strategists and security advisors, to navigate their financial landscape effectively. just to mention a few reasons 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 28, 2023 Report Share Posted November 28, 2023 9 hours ago, Mary B said: wealth management at a large bank, I have enough dinar to hire a team to cover all aspects of investing well done @Mary B 9 hours ago, Mary B said: multi millionairs typically rely on a team of financial experts, including tax specialists, estate planners, investment strategists and security advisors, yep...the key.... 2 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted November 28, 2023 Report Share Posted November 28, 2023 9 hours ago, Mary B said: wealth management at a large bank, I have enough dinar to hire a team to cover all aspects of investing Help you grow and protect your wealth while minimizing risk. Set and develop strategies to meet your financial goals. Manage your investments based on your risk tolerance and time horizon. Use tax-efficient strategies to reduce the impact of local, state, and federal taxes over time multi millionairs typically rely on a team of financial experts, including tax specialists, estate planners, investment strategists and security advisors, to navigate their financial landscape effectively. just to mention a few reasons Just make sure they have an understanding of the new financial system coming. I've already found all mine, and they are fully on board. 4 Quote Link to comment Share on other sites More sharing options...
yendor Posted November 29, 2023 Report Share Posted November 29, 2023 The big question is whether or not this dream of ours will actually ever coe true. What do you HONESTLY feel ?? ME? I, for the life of me, cannot understand why the revalue hadn't happened YEARS ago. It just does not make any sense. And having said this, I will hold on to the Dinar that I bought ..... way back when ...... When I thought that it was "TOO GOOD TO BE TRUE". When I bought just what I could afford to lose if it never happened and just enough to be happy with SHOULD it happen. Even if I would happen to take it to my grave. 2 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted November 29, 2023 Report Share Posted November 29, 2023 5 hours ago, yendor said: The big question is whether or not this dream of ours will actually ever coe true. What do you HONESTLY feel ?? ME? I, for the life of me, cannot understand why the revalue hadn't happened YEARS ago. It just does not make any sense. And having said this, I will hold on to the Dinar that I bought ..... way back when ...... When I thought that it was "TOO GOOD TO BE TRUE". When I bought just what I could afford to lose if it never happened and just enough to be happy with SHOULD it happen. Even if I would happen to take it to my grave. I honestly feel like it is about to happen. I also believe Shabbibi was all set to RV in 2012 when Maliki/Obama stopped it. It has been a frustrating journey, but I do think we will be happy we stuck with it. 2 2 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 29, 2023 Report Share Posted November 29, 2023 6 hours ago, yendor said: The big question is whether or not this dream of ours will actually ever coe true. What do you HONESTLY feel ?? ME? I, for the life of me, cannot understand why the revalue hadn't happened YEARS ago. It just does not make any sense. And having said this, I will hold on to the Dinar that I bought ..... way back when ...... When I thought that it was "TOO GOOD TO BE TRUE". When I bought just what I could afford to lose if it never happened and just enough to be happy with SHOULD it happen. Even if I would happen to take it to my grave. simply put Iraq wasn,t ready, look at all they have accomplished this last year. My opinion we are waiting for the oil and gas law 1 Quote Link to comment Share on other sites More sharing options...
Mary B Posted November 29, 2023 Report Share Posted November 29, 2023 (edited) 6 minutes ago, Mary B said: simply put Iraq wasn,t ready, look at all they have accomplished this last year. My opinion we are waiting for the oil and gas law there hasn't been a lot of articles lately posted here regarding what has been finished and what the CBI and finance are going to do Edited November 29, 2023 by Mary B 1 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted November 29, 2023 Author Report Share Posted November 29, 2023 Just a thought.... Wealth Managers, financial advisors, brokers, and the whole lot of them, make thier money off of their clients. Different investments they suggest have different returns for them. Are they pushing the ones they will personally profit the most from? As life is....most don't give a rats azz about you....only what benefit they can get from your money. Investing isn't rocket science....you don't need a team....any here should smart enough to figure the best paths for themselves. A CPA certified Tax Attorney would be a great first step....CL 2 1 Quote Link to comment Share on other sites More sharing options...
md11fr8dawg Posted November 29, 2023 Report Share Posted November 29, 2023 Excellent advise CL Quote Link to comment Share on other sites More sharing options...
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