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Under $1.00...What are your plans...


txwWrestling
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Alright everyone should be prepared and ready for WHEN the RV happens. That's right I'm positive. I know we hear rates from .85-$3+. Bottom line nobody really knows. So its 1 AM and the RV just happened at .85. Are you making plans to cash in? Cashing in some? Or are you waiting? Just would like to get others takes and maybe something to think about for those who haven't yet. Also does anyone know for sure about any trader if you for example want to trade in 6 months after the RV will the rate be the same or would it be at bank rates 15-20%? GO RV!!!!!!!!!!!

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Honestly, I have always speculated it would be .86, so I've invested enough to cover our plans. SOO if it RVs at more, well then its just gravy! LOL

We would cash it all in and move on, greed is ugly, this is a blessing to my husband and I and we don't want to push it. rolleyes.gif

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My initial instinct was to cash in just some if it rv'd under a dollar and hold out to watch if it continued to go up in value... However, at this point, I'll be perfectly content with anything. Especially anything over $.50. I've never been a gambling girl... And with the way things are going, I want my property, house, and my son's college fund secured before our economy can be dealt further damage. I understand risk can lead to big rewards, but I don't want to be left standing with a bunch of expensive wallpaper if I miss some sort of "window" to exchange.

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I would cash in a little, make money off of the partial cash in and buy more......

if you cashed in a million at .85 and got $850,000 then you wanted to buy more it would cost you at least $850,000 to get a million back. Most likely more with the spreed...so why would you cash in and then buy more?????? :blink:

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I would cash in enough to clear the liability section of my balance sheet and leverage the rest. I have a young family and a business that is limping along. Having capital to pay off debt and reinvest will be HUGE. I thank God for putting me in the right place at the right time and thank my friends for explaining this to me. We are at a critical financial crossroads right now and we are praying that this is our time. GO RV!!!

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With all of the information that is given out on DV you would have to look at your option. How much have I invested? Will my investment cover all of my debt if I were to cash out? Would I be able to do what I intended to do with my investment? On the other side of the that coin, am i a greedy sob and just want the money and run!!! Well that would be the million dollar ? :D

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if you cashed in a million at .85 and got $850,000 then you wanted to buy more it would cost you at least $850,000 to get a million back. Most likely more with the spreed...so why would you cash in and then buy more?????? :blink:

Once they reach 12 mil BPD the currency will go up again. I believe if it comes out low at .86 it will go up to 3.00 +/- in the future.

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If it hits .50, I'm out. A Bird in the hand is worth 2 in the Bush. I'd be worried that if I cashed out some and sat on the rest, something could change in Iraq, Civil War or something and the value could drop again. Not worth the risk, I'll take what God gives us and be Very, Very happy!!!

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I will cash out most of it and save the rest for when it goes up in value.. All I want is enough to payoff my house and buy a house down by my son's school .. and if it RV'd at .85 I would have pleanty plus have a big chunk in savings and plus be able to help out the church and my friends and family. ....... :D

So GO RV

God Bless Everyone..

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Has anybody heard about if they wait, what the spread would be cashing down the road? I had sent a couple of emails to a few brokers asking but haven't heard anything back yet, I'm sure they are slammed. A family member ordered more today and was told it would be Jan. 7th before it was shipped getting the dinars on the 10th. This is from a broker that always had it out within 24 hours of order. Just FYI.

It seems like everybody is pretty diverse when it comes to cashing in. Just thinking about cashing some in and being debt free is a gift from God. Ahhh come on RV!!!

Also its great to have a messageboard like Dinarvets. Even though I joined late I have been reading for a few years now. I just love my Dinar family! You guys help pull me down to Earth from the $5. rates and pull be back up when the dates don't happen!

Edited by txwWrestling
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if you cashed in a million at .85 and got $850,000 then you wanted to buy more it would cost you at least $850,000 to get a million back. Most likely more with the spreed...so why would you cash in and then buy more?????? :blink:

I guess my thought process was this: If I cash in a little and pay off some debt, keep a little to have some cash, then take the remaining and reinvest in hopes that the rate will keep going up. Then, I would cash out again later down the road after the rate doubled or tripled.

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