I feel like some of these gurus grew up in a time when everybody got a trophy, because you participated…
I’ve made no secret I’ve been in this for some time, going on 20 years, and while some would say that’s a long time in something that has shown no real growth fiscally, it is what it is. I was talking to a fellow investor buddy other day, Shasta7, and I commented that I had no idea when I purchased my first 500k some twenty years ago that I’d be where I am today. I had always felt I “had enough” and never really got into wanting to buy more. I had a plan for the amount I had and knew exactly what I wanted to do with it. But over the years, priorities have changed, economic reforms, inflation, cost of living and such have forced me to reevaluate on a regularly basis. Because I’ve taken time to go over things, I reassess every quarter to see what adjustments I need to make. Also, I’ve continued to purchase more currency over the last two years, nothing big at any given point, but an extra $100 here and there as the budget allows to continue to build my base.
As I’ve outlined in the past, I have a very detailed plan. Most of it is geared toward building generational wealth (you know I like this term) so that my kids can continue to flourish when I am long gone. I’m an only child and all my parents and grands have passed, so my plan is a little simpler than some who have extended family to consider. This is why I harp on being prepared, you don’t need Uncle Al showing up at your door asking you to compensate you for the leaf blower you broke back when you were 15 trying to make a buck cutting his yard. Do you plan on gifting him a 1000 dinar for good measure, does Aunt Sally deserve a 10k note because she always took time to help you during those college years when you were away from home but near her? Have you thought about how to gift to people without causing penalties? Do you give now or later? All these things need to weigh into your thought process when you consider how to save the money you need for you and your immediate and extended family.
This is also why I am so against what the gurus post week in and week out. At the end of the day, the only proof we have is what is given to the public. Seriously, I had people I talked to back in the day who “should” have known things, “should” have been able to give true, accurate information, and WERE in positions that lent their titles at least to having some insight into what was going on in the world of the IQD. Yet, time and time again their information was no better than anyone else’s. The difference, I didn’t run around and post that every week, I shared with a small group that was able to genuinely discuss it and had a “let’s see what happens” mentality. When nothing ever came of the information, I was always quick to ask “why” because I needed to know how they couldn’t come up with valid information in their positions. When push came to shove, we just determined that so much information that was being given out was bad and on purpose. Why? Why was everyone so eager to pass along fake information to a group of people desperately hoping to make changes to their and other’s lives? I know for a fact that there are congresspeople who hold dinar, I know they’ve told their staffers they should look into buying it, but they don’t have anything more than what you and I can gather from articles and world news that comes out of the borders of Iraq.
These gurus have no accountability to their so-called contacts, they just keep repeating, or worse, making up things to post for the sake of generating revenue for themselves through these sights. THIS IS MY PROBLEM WITH THEM. It’s not that they give out information that happens to be wrong. It’s they give out information with the sole purpose of drawing people into their circle where they can monetize their clicks, visits and information. They give no reason when their information is false, they ask no excuses from these useless contacts, and they don’t have any remorse for these constant wrong guesses that send people on the rollercoaster of dinarworld. If they won’t demand their contacts to give them reasons, I know they say they don’t want to push their contacts because they could “lose” them. So what, their information is crap, spend more time on someone who’s at least willing to give reasons or accountability for their information. I walked away from people, told them flat out, hey look, it was good talking to you, but I need information that I can at least feel good about personally. If you keep coming with the same old song and dance, I need to change the station. Funny thing is they kept coming back to me telling me their information. I passed this along to no one, why? Because they were just giving information to be giving information, like they just needed to get it off their chest or something. I don’t need contacts that just want to pass along information, I’m planning for something I will be ready for, whether the value moves to a penny or more. I may like some plans more than others but at the end of the day, I had a respectable number that I was hoping to attain. I’ve been able to add more than I expected over the years. I don’t expect to run out and buy a major league sports team or anything with my earnings, but I will be able to live my life comfortably and plan for my children and grandchildren’s future.
Back to the “why do you make this so easy” part:
11-9-2024 Bruce I know that Sunday, which is the first banking day for Iraq and most of the Middle East will produce a new rate of the Iraqi dinar...and they have already been trading and buying and Selling using the Iraqi dinar in the Middle East for about a week, week and a half so far. I don’t how many times I can say it. If he gives you a date, count it as no way it happens. The fact you led with “I know that Sunday there will be a new rate” tells you he ABSOLUTELY has no clue what he’s talking about. The drug problem in America is real people and you’re seeing it manifest itself in BIG ways.
11-8-2024 Militia Man Article: “Al-Sudani: The Grand Faw Port is Iraq’s largest project” They’re going to have 90 births…It’s going to be the biggest port in the Middle East. It’s going to take some time and they’ve been working on it for quite a long time, but now it’s open….[It’s] very deep. They can fit the [massive] ships. They’re heavy, they sink when fully loaded so they need a deep port to navigate in. This is one of them. Another thing that just gets me about gurus is, they want to seem so knowledgable about things but never check spelling or grammar. I mean, I’m from the South and I’ll roll out a good slang term as well as anyone, but seriously man, it’s not a birth (which is a baby being born), it’s a berth, a harbor dock where a ship is allotted a spot or space. This port will be a big deal, that’s a lot of major ships to come in and out daily they can support. Right now they only have a very few berths open, but it’s progress and shows the determination of the leadership to make things happen.
Hope you’re having a great weekend, sorry it won’t happen this weekend, you know who to blame LOL. Stay strong.
BWM