IraqiDinar.org released a free investment calculator that shows investors the true potential of this new currency! (see http://www.iraqidinar.org/investment-calculator.asp)
The investment calculator, released this week, will help investors visualize the investment potential of Iraq’s new money.
Here is how it works; enter the amount of dinar that you are buying, enter the cost of the dinar including any shipping, handling and insurance costs, then enter the amount you would like to make.
As you enter values, the investment calculator will display a graph to help you see how much the dinar would have to increase in order to obtain your goal. Another nice feature is the break even point which most investors never consider, but should!
Most of us are familiar with the standard graph, and the investment calculator’s chart is no different. If you want to see just how bad (or good) your odds are, start entering your target profit slowly and watch the lines separate. Eventually, the red dashed line will spike straight up indicating your odds are getting worse.
If you are thinking about investing in the Dinar, use this calculator before you make your purchase.
I think it takes a Vegas frame of mind. This is a big gamble. Do not spend more than you can afford to lose. There is a great chance of making big returns and I think this will happen in time ,however, do not be crazy if it all goes down the toilet.
Look…we all know this is a huge geopolitical gamble, I have no argument there. We also know the downsides of buying this currency due to all the variables that can influence it.
(I don’t like using the term “investing” with a currency of this type; as it does not fit the definition of investing…remember an invested interest is NOT an investment)
But let’s look at the optimistic side of this gamble. First, the people of Iraq have gotten rid of the old regime, and in turn came up with a currency that they themselves are hoping will become tradable after the war and unrest of the country settles down. Well, we have to assume it will at some point…it has to, in order for them to start concentrating on their main commodity…oil! Once they have established a leader for the country and its people, I don’t believe they will change the currency again, because they also know that by doing that, it devalues it even more. They also will not put their new leader on the current Dinar, because it denotes the power and influence that Sadam had over the people. They are smart enough to remember that! Someday they may add a political figure on the currency that was an icon or inspiration to all the people, but that won’t happen for many years. These people also know that their currency is close to worthless, and to better show the world what strength they have, they will keep the current Dinar as is and work on fixing their infrastructure and oil producing. These things will lift the value of the money within their own country first, then slowly throughout the world. As an Economist and History student, I really see these things coming to this great country. BUT FIRST, they must unite and work toward a common goal to get the country back on track. Once that is done, then and only then would their government maybe consider changing the money to a new style and look. Luckily in life, things must happen in order for other things to follow. On a scale of 1-100, they are at about a 3. That number will rise with the country rebuilding itself, getting its oil back into full production, and creating a civilized peaceful existence within the country. Jobs will emerge, and their own economy will begin to act and perform like all countries that trade goods and services.
This is my belief in buying a few million dollars of Iraq’s Dinar’s, and I truly believe it will happen. I haven’t picked out my new sports car yet….but I know the color! God bless all you.
what was the exchange rates in us$ before the war in iraq
Well, the Iraqi Dinar has been off the market since mid December ’08. It’s now mid April and the revalued Dinar is expected to be released by the end of the month in current form. We shall see. $$$$
People are not getting rich because the country of Iraq has yet to recover. Consider your dinar a lottery ticket. If the country does well so will you. Watch out for the fake dinar. Turn the seller in if you are sold some.
If you buy dinar, the seller makes money off you. If the dinar peg or go up then you and them will have some money, but if it doesn’t, then they just took your money. It seems doubtful that this currency will ever do anything, so why not sell you a pipe dream and make a little money off you?
Saying that the Iraqi Dinar will make you $750,000 from $250 is the same as saying that you’ll make a million dollars from buying $300 in lottery tickets, in fact, I believe the odds are better that you’ll make the million rather than the $750,000!
Any investment calculator tells you what you might make under the best conditions; The fact is, no one wants to enter this risk alone, so, if they can suck you into the game, then when they loose, they won’t feel so bad. It’s OK to be 1 of many to be scammed, but no one likes to be alone on an investment.
E Dinar dealers know this and use investment calculators and hype to get you excited enough to give them your money. Why are not more people talking about this? Because it is a pipe dream, same as the lottery.
You can make this investment, just understand that it is as risky as it gets!
A friend approached me and said that if I invest just $250 in Iraqi Dinars, my return would be $750,000. Of course, I was excited, but then I began to think that if it was such a great thing, why aren’t more people talkingabout it and growing rich? Can someone out there enlighten me, before I tell this woman anything? I would appreciate any comeents and help. Thanks,
Susan