Texxas777 Posted September 29, 2010 Report Share Posted September 29, 2010 Hey folks! I am looking at purchasing another 250K dinar this week. My question is simple...Do I continue to buy the 25K notes like I have been or do I purchase 5K notes to "diversify"? Is there really a valid reason to purchase different denominations? Look forward to the input! Thanks in advance... Texx Link to comment Share on other sites More sharing options...
Jon S. Posted September 29, 2010 Report Share Posted September 29, 2010 I always purchase the 25K notes. I feel that there are a less amount of bills to store away safely plus I can always trade in for lower denominations later if I want to. Link to comment Share on other sites More sharing options...
14Mil Posted September 29, 2010 Report Share Posted September 29, 2010 Well, one thing is if you buy the $5K and it RV for less than $2, then each time you take it to the bank/airport/stripclub to cash it in, it won't set off the $10K notification to Uncle Sam. Otherwise, I agree, it's easier to handle the $25k notes. Link to comment Share on other sites More sharing options...
mofo Posted September 29, 2010 Report Share Posted September 29, 2010 Hey folks! I am looking at purchasing another 250K dinar this week. My question is simple...Do I continue to buy the 25K notes like I have been or do I purchase 5K notes to "diversify"? Is there really a valid reason to purchase different denominations? Look forward to the input! Thanks in advance... Texx i have bought 5k and 10 k for giving as gifts and the big ones for me lol Link to comment Share on other sites More sharing options...
keepmwlknfny Posted September 29, 2010 Report Share Posted September 29, 2010 Well, one thing is if you buy the $5K and it RV for less than $2, then each time you take it to the bank/airport/stripclub to cash it in, it won't set off the $10K notification to Uncle Sam. Otherwise, I agree, it's easier to handle the $25k notes. That wont keep you under the radar......multiple deposits even for less then 10 grand will raise red flags on your accounts at any banks....they are trained to watch for things like that as well....I have friends in the banking industry that I asked about that for that purpose to see if there is a way to get around that and I was informed more then once that they keep an eye on accounts for numerous deposits of thousands of dollars.....dont try and cheat the system....our country needs us to pay our taxes off this...things are bad enough in our economy so why not try to do your part and help instead of contributing to the problem....... Link to comment Share on other sites More sharing options...
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