People are telling me to bail. I do NOT want to jump into panic-selling. What do you think? I currently have $598,000.00
started with $655,331.00 in Jan of 07.
Vanguard index fund......
i want double my money i.e. one lakh to two lakh. in India.
i need opinion in this matter , for it what should we do.
and if you know then please tell how it possible and how much time?...
My fiance is in the Marines. He is in Iraq right now. While he is over there he isnt spending any money at all and it is all just adding up in his bank account. I was wondering in the current ...
i am 19 and i would like to start investesting in stocks but i dont know anything about stocks and dont have a clue where to start can anyone give me some good info? THANKS...
I have a Online Savings account that I usually put money into on the last day of the month. The monthly interest rate in 4.65%. It really seems like I haven't gotten the interest I deserve. ...
If I buy say 10,000 USA dollars in equvilant value would I get a return in say 3 years time? how much of a return do you think or would I lose it all? Additional Details P.S. Where Can I buy Iraqi Dinars?
You'd be better off buying British Pounds......... lot more stable, more well known, and increasing in value against the dollar.
david419_1999
It would be too much of a gamble, they don't even have the government established. Still too many risks concerning a possible revolution and government overthrow. If the iraqi government gets strong, then maybe, you'd make some money. If the government collapses your more than likely to lose your investment.
huskie
Too much instability in Iraq for the forseeable future. You'd be better off buying Euros.
mwa
I don't think you should risk!
Still most business in Iraq today deals with USD! i know because i work with Iraq a lot of times!
today the value of the dollar is between 1700-1500,
as you see its not stable and you will be dealing with giant numbers, with now value! you should wait for another 2 or 3 years then post that same question! and you can buy it from central banks! or if you go to Iraq you can get the money!
Frank Castle
1) No
2) What makes you think Irak will still be there in 3 years?
3) If Irak disappears then you would lose it all.
Have you seen your Atlas lately?
zocko
no
Dang
Buying curriencies should not think of 3 years time. Its too long.
You might even lose it all. Do consider it.
delprofundo
I wouldnt touch em way too many different variables that mean theres really no way to even evaulate the investment. No beta to compare etc.
While you may luck out, its doubtful, go by pumpkin futures instead and sell BEFORE all hallows eve