F-16Pilot Posted June 9, 2011 Report Share Posted June 9, 2011 the money i spent was extra money i had at the time. it wasn't money that was going to be used for a house payment, debts, or anything special. so i am in it for the long run. i only purchased what i could afford at the time. i did get a little caught up in the rumors a few summers ago and did 2 more small purchases just to help cover taxes. but now i am wiser to the gurus and their secret intel and just wait for this thing to play out. You rationalized the "enough to cover taxes thing too?" I bought some dinar and then I thought, well Uncle Sam is going to take away 35%, so I better buy at least another 35-40% more. And, of course, as time went on, I thought well I've got to make sure that after I give to my church, pay the bank spread and pay my bills I'd still like to have the original purchased amount, so I bought some more. Next thing you know, I've talked myself into 3 times my original purchase. I have to admit, I fell victim to the pumpers when I first started too. 1 Link to comment Share on other sites More sharing options...
InToWin Posted June 9, 2011 Report Share Posted June 9, 2011 i gave up three months ago, but it did not make the RV happen any faster Link to comment Share on other sites More sharing options...
Sage449 Posted June 9, 2011 Report Share Posted June 9, 2011 I went into this with eyes wide open - I made a conscience choice. I weighed the "what ifs" such as what if this NEVER happened - but more important to me was what if this DID HAPPEN and I allowed it to pass me by? How would I feel knowing my friends and family became comfortable or well off and I hadn't taken the chance? I invested only enough that I could afford to lose or would have spent on stupid stuff as well as make me comfortable when it occurs. And I don't regret a moment of it - I would have regretted terribly and forever had I not done it and it came to fruition. And I was standing on the pier watching all the ships go out to sea and once again just waiving from the dock. 1 Link to comment Share on other sites More sharing options...
umbertino Posted June 9, 2011 Report Share Posted June 9, 2011 I'm tired to be honest... And I'd also need the money... I might wait another 2-3 years if I'm in the condition to afford that waiting period. Been into it since 2004 didn't mean I'm tired to be a honest person. Just that... I'm tired about this investment to get to maturuty ( comma) to be honest. 1 Link to comment Share on other sites More sharing options...
quadraph0nic Posted June 9, 2011 Report Share Posted June 9, 2011 With this investment I think the frustration sets in every so often and it's cyclical. Some of it has to do with expectations formed based on analysis, some good and then some from some very very bad "gurus" (what tha heck is that voucher in Iraq about? ) Even though I have no hope for a short term outcome ie RV or other option.....I still think Iraq has a bright future despite security and political pit falls its currently facing...it may look worse than what it really is. We will not let them fail why? We need them as much as they need us if we are going to pull our country up. Give us cheaper oil now! 1 Link to comment Share on other sites More sharing options...
Carrello Posted June 10, 2011 Report Share Posted June 10, 2011 My first thought was "what a question - why even ask a question like that when we are so close". Why would you put out negative thoughts like that to so many people? Come to think of it.....I still feel that way. What a question. 1 1 Link to comment Share on other sites More sharing options...
MPG350 Posted June 10, 2011 Author Report Share Posted June 10, 2011 No real investor will give up. I disagree, maybe give up was not the correct word, but you cut your losses and move to a new investment......you would be stupid to ride a stock down 60-80% when you can cut losses at 6-8% and get back in at a better time. Please dont tell me your one of those people that rides his stocks down to the bottom because he "never gives up" 1 Link to comment Share on other sites More sharing options...
phazedoubt Posted June 10, 2011 Report Share Posted June 10, 2011 (edited) i am an armchair investor. i have owned several investments for years (5 to 10+). i got into the Dinar on a tip from a friend with intel that it was going to happen soon. After researching everything and seeing the climate that surrounded the investment i did what i would do with any other highly risky (like options or derivatives) investment and only put in what i had slated for speculation. Well his predicted date came and went and here i am still in it. Think about it like this, this investment is just as risky as purchasing a futures contract. However the potential for return vs. the price of the contract (kinda like your price to earnings ratio) is so far apart that its a good investment for money that you have put aside to blow or the money you use to buy coffee, alcohol, cigarettes, and other unnecessary items. i treat this just like that. If an option or futures contract matures out of the money, then guess what, you lose it all. Same with the Dinar. So all of that is to say, i'm holdin til the dealer calls. Edited June 10, 2011 by phazedoubt 3 Link to comment Share on other sites More sharing options...
iceblue Posted June 10, 2011 Report Share Posted June 10, 2011 My money has already been spent, I could have wasted it in a thousand other ways. This is almost sure to pay back at least what we've put into it. It will be great if it happens soon, if not, I'll wait until it does. 2 Link to comment Share on other sites More sharing options...
jray3775000 Posted June 10, 2011 Report Share Posted June 10, 2011 The money is done spent for the purchase , I can survive without it , If July comes and goes I will spend less time looking at forums , I will get back to my life , maybe at some point I will recieve my text of the revalue , I have alot of friends invested who would let me know , we meet almost every morning for coffee to discuss this investment , maybe I wont be able to get away from this because of people asking is there anything new , this ride is somewhat controlling. 1 Link to comment Share on other sites More sharing options...
GQ2 Posted June 10, 2011 Report Share Posted June 10, 2011 Never retreat, never surrender! Link to comment Share on other sites More sharing options...
Shabibilicious Posted June 10, 2011 Report Share Posted June 10, 2011 NEVER...I will never give up! I refuse to give my wife the satisfaction. GO RV, then BV 1 Link to comment Share on other sites More sharing options...
whodat1 Posted June 10, 2011 Report Share Posted June 10, 2011 I found something better if no rv this year, then iam OUT Do tell. Link to comment Share on other sites More sharing options...
taboo Posted June 10, 2011 Report Share Posted June 10, 2011 NEVER EVER GIVE UP!!!!!!!!!!!!!!!!!! Its going to happen just not soon. Link to comment Share on other sites More sharing options...
MPG350 Posted June 10, 2011 Author Report Share Posted June 10, 2011 Good answers everybody.....me myself well I am in this for awhile only put a few grand into this my dinars are worth maybe $1,500 now....its money I am not missing maybe if I had to do again I would have just put in less since the RV that I was told was going to happen soon passed over 8 months ago.... Hopefully we se either a gradual increase or a RV even if .5 cents in the next few years. Link to comment Share on other sites More sharing options...
Ex-wingnut Posted June 10, 2011 Report Share Posted June 10, 2011 There's absolutely no need for me to give up. If it doesn't RV/RI in my lifetime maybe it will in my 16 year old son's lifetime. 1 Link to comment Share on other sites More sharing options...
grelsin Posted June 10, 2011 Report Share Posted June 10, 2011 Tomorrow--it never comes!! Link to comment Share on other sites More sharing options...
AoK Posted June 10, 2011 Report Share Posted June 10, 2011 didn't mean I'm tired to be a honest person. Just that... I'm tired about this investment to get to maturuty ( comma) to be honest. I got that Umbertino! Understood!! Ditto, just about everyone's sentiments btw on this investment! SO LET'S GO RVVVVV!!! Link to comment Share on other sites More sharing options...
HYDRANT Posted June 10, 2011 Report Share Posted June 10, 2011 So how long are you willing to wait for a RV if one ever happens? TO ME I REALLY DONT CARE HOW LONG IT TAKES----[ I DIDNT BET THE FARM ON IT] ONLY WHAT I NEW I COULD SPARE WITH OUT WORRING ABOUT IT-----WHICH IS A SMART WAY----IN MOP Link to comment Share on other sites More sharing options...
Skip^downsouth Posted June 10, 2011 Report Share Posted June 10, 2011 Why give up the RV will be Sunday well some Sunday When I went in to this I thought it could be years maybe a decade so for now I'm in it for the long haul so to speak. Link to comment Share on other sites More sharing options...
Networth Posted June 10, 2011 Report Share Posted June 10, 2011 It's amazing to see such a uniform response from everyone. "Never give up" seems to be the mantra. Why? It has nothing to do with giving up. It has to do with smart investing. This is an investment, not a lottery ticket! Most people don't invest in stocks or bonds never expecting to sell. There is always a time when it makes sense to sell. If you believe you've reach the maximum potential return on an investment, you should sell. Otherwise, you lose opportunity costs every day. The US dollar is still the medium of exchange in the US. You need dollars to transact business. If you saw a good opportunity to invest in something else, you would be foolish to maintain your investment in the dinar. The dinar is far from certain. It is not guaranteed. Everday that you tie up a currency you can use (the US dollar) for other things represents a lost opportunity. Those of you that say you will NEVER sell your dinar under any circumstance may be guaranteeing that you lose 100% of your investment. That is foolish. Personally, I trimmed back a portion of my dinar position in the middle of January. Once the overwhelming excitement turned into nothing but ridiculous hype, I seriously started questioning the validity of this investment. I rolled the cash from my sale into another stock and have made some money on it. I still haven't recovered the loss I took selling it back but my total investment today is worth more than it would be had I stayed in the dinar. I have 2 more dates in the future that I plan to sell the rest of my dinar if nothing has happened by then. And, I'm not terribly optimistic (but I hope I'm wrong). 3 Link to comment Share on other sites More sharing options...
Francie26 Posted June 10, 2011 Report Share Posted June 10, 2011 "As the June 30th comes & goes, start to pay less attention. And over time, forget about the actual investment & just wait for an e-mail." This sounds like a good plan to me. I'll never sell until it RVs. I have other things to do, however--a book to finish writing, a business to build, a life to live. And time is getting away from me while I hang out here, so if this hasn't RV'd by the end of June, I'll just get busy with my other plans, and eventually the call/e-mail will come. Link to comment Share on other sites More sharing options...
TPSprayduster Posted June 10, 2011 Report Share Posted June 10, 2011 LOL, i only invested what i would spend on a short vacation so i can be comfortable if it is a big scam LOL Link to comment Share on other sites More sharing options...
Kooper Posted June 10, 2011 Report Share Posted June 10, 2011 No giving up...not an option. I still believe that one day......... I have too many good things planned and people to assist. Hopin' and prayin'.......... Link to comment Share on other sites More sharing options...
deenar Posted June 10, 2011 Report Share Posted June 10, 2011 It's amazing to see such a uniform response from everyone. "Never give up" seems to be the mantra. Why? It has nothing to do with giving up. It has to do with smart investing. This is an investment, not a lottery ticket! Most people don't invest in stocks or bonds never expecting to sell. There is always a time when it makes sense to sell. If you believe you've reach the maximum potential return on an investment, you should sell. Otherwise, you lose opportunity costs every day. The US dollar is still the medium of exchange in the US. You need dollars to transact business. If you saw a good opportunity to invest in something else, you would be foolish to maintain your investment in the dinar. The dinar is far from certain. It is not guaranteed. Everday that you tie up a currency you can use (the US dollar) for other things represents a lost opportunity. Those of you that say you will NEVER sell your dinar under any circumstance may be guaranteeing that you lose 100% of your investment. That is foolish. Personally, I trimmed back a portion of my dinar position in the middle of January. Once the overwhelming excitement turned into nothing but ridiculous hype, I seriously started questioning the validity of this investment. I rolled the cash from my sale into another stock and have made some money on it. I still haven't recovered the loss I took selling it back but my total investment today is worth more than it would be had I stayed in the dinar. I have 2 more dates in the future that I plan to sell the rest of my dinar if nothing has happened by then. And, I'm not terribly optimistic (but I hope I'm wrong). Many people here bought dinars 6 or 7 years ago and have already made a profit. Link to comment Share on other sites More sharing options...
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