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Started By
Message
Investing in the Iraqi Dinar, Good or Bad idea?
Posted on 5/3/11 at 10:59 am
Posted on 5/3/11 at 10:59 am
Thinking of buying some Iraqi Dinar and sitting on it until their currency is revauled? Good idea or a waste of time.
7
Posted on 5/3/11 at 11:01 am to Alter X
Not a good idea....a great idea.
Posted on 5/3/11 at 11:06 am to Alter X
This thread is becoming popular at an accelerating rate.
THIS WON'T MAKE YOU ANY MONEY!!!!!!!!!!!!!!!!!!!!!!
quote:
until their currency is revauled?
THIS WON'T MAKE YOU ANY MONEY!!!!!!!!!!!!!!!!!!!!!!
Posted on 5/3/11 at 11:08 am to Alter X
At first I laughed and made fun of the idiots that were doing that...now after reading up on it I say go ahead and do it. It's very likely that you will make a ton of money very soon.
Posted on 5/3/11 at 11:11 am to TheHiddenFlask
quote:
THIS WON'T MAKE YOU ANY MONEY!!!!!!!!!!!!!!!!!!!!!!
It can't go any lower.
Posted on 5/3/11 at 11:11 am to Camp Randall
quote:
At first I laughed and made fun of the idiots that were doing that...now after reading up on it I say go ahead and do it. It's very likely that you will make a ton of money very soon.
I know you are as aggravated with this thread as the rest of us, but that's just mean.
Posted on 5/3/11 at 11:14 am to TheHiddenFlask
A fool and his money are soon parted.
Posted on 5/3/11 at 11:14 am to TheHiddenFlask
Why?
= profit.
Simplify your investing philosophy. Look to the Dinar.
quote:
It can't go any lower.
= profit.
Simplify your investing philosophy. Look to the Dinar.
Posted on 5/3/11 at 11:16 am to Alter X
quote:
It can't go any lower.
I no longer feel bad for you.
Please put all of your investments in Dinar and take out a HELOC.
Guratanteed to go up. Zero downside risk.
Posted on 5/3/11 at 11:17 am to Camp Randall
quote:
Camp Randall
You lost me, is this a good idea or a bad one?
Posted on 5/3/11 at 11:19 am to Alter X
quote:
The Iraqi dinar “investment” opportunity — a scam that has been around for a few years — has recently been regaining much of its former popularity.
The opportunity is pitched as a way to profit from a nearly worthless Iraqi dinar that is “sure” to appreciate in the future. The scammers promise that millions of dollars in profits are virtually guaranteed if you buy the dinars at today’s values (about 1,000 dinar to $1) and then exchange the dinars back for dollars at a later date once the dinar exchange rate has improved.
There are, however, some fundamental problems with the Iraqi dinar scam that potential buyers should be aware of before they begin investing in one of the most illiquid currency markets in the world:
LINK
Posted on 5/3/11 at 11:19 am to Alter X
When people talk about investing in the dinar, do they actually get the paper dollars or is it a fund of some sort? If it's actual paper (with Saddam's picture on the front), you might make a little money selling dinars at a flea market or something.
For some reason, I feel as though this is an investment that idiots talk about at work all the time, but no one actually invests in.
For some reason, I feel as though this is an investment that idiots talk about at work all the time, but no one actually invests in.
Posted on 5/3/11 at 11:19 am to TheHiddenFlask
Actually....his name is Alter X. Probably one of the new troll morons that are getting so popular around here.
Posted on 5/3/11 at 11:25 am to Alter X
Go for it man. We have had 5 or 6 people post about this in the past three weeks around here and I heard they are all millionaires now.
Posted on 5/3/11 at 11:26 am to Camp Randall
quote:
Actually....his name is Alter X. Probably one of the new troll morons that are getting so popular around here.
I was trying to see it was a scam or not. A friend pitched it to me and I was trying to get some info. Thanks for nothing a-hole.
Posted on 5/3/11 at 11:36 am to Alter X
quote:
I was trying to see it was a scam or not. A friend pitched it to me and I was trying to get some info. Thanks for nothing a-hole.
FWIW, I was thinking the same thing as him.
Posted on 5/3/11 at 11:40 am to TheHiddenFlask
I can't believe you guys took the bait.....
Posted on 5/3/11 at 11:41 am to JPLSU1981
quote:
JPLSU1981
Thanks for the link.
Posted on 5/3/11 at 11:45 am to TheHiddenFlask
quote:
FWIW, I was thinking the same thing as him.
Does this make you feel more like a man? No answer required.
Posted on 5/3/11 at 12:31 pm to Alter X
Alter......search function is your friend.
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