Iraqi Dinar: Is There Any Longterm Value?

Iraqi Dinar Longterm Value - Politics, Business, Civil, History - Posted: 30th Jun, 2008 - 2:10pm

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Post Date: 10th Aug, 2006 - 7:26pm / Post ID: #

Iraqi Dinar:  Is There Any Longterm Value?
A Friend

Iraqi Dinar: Is There Any Longterm Value?

Has anyone ever looked into buying this currency as a longterm investment? Say 10 years.

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Post Date: 11th Aug, 2006 - 6:34am / Post ID: #

Iraqi Dinar:  Is There Any Longterm Value?
A Friend

Value Longterm There Dinar Iraqi

Wow, with all the instability in Iraq, I wouldn't. You don't really know if the dinar will ultimately become the long term stable currency after all is said and done. I imagine it would be a cheap investment today because of those same problems.

Post Date: 12th Aug, 2006 - 3:18am / Post ID: #

Iraqi Dinar:  Is There Any Longterm Value?
A Friend

Iraqi Dinar: Is There Any Longterm Value? History & Civil Business Politics

Thanks for the reply. I'm a gambler by nature and keep wanting to invest because of the "What If" factor.

What if: I buy into it and it does become stable at .50 cents and I bought into for $800 USD to get say a Million Dinar. Now if it does become strong and stable I would be better off than before. Even after taxes.

Yes I realize this what if:

What if: I buy into it and it goes nowhere.

This is why I'm curious if there are any Middle Eastern members here on this board. I would like there take on how things are looking in there eyes.

As before just curious.

IstandAlone

12th Aug, 2006 - 3:31am / Post ID: #

Value Longterm There Dinar Iraqi

There is too much instability in that region, I am sure you can invest $800.00 in many things that would give you a turn around rather than throw it away.


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30th Jun, 2008 - 2:10pm / Post ID: #

Value Longterm There Dinar Iraqi

I just saw the Thread HERE where Iraq is looking for lots of oil handlers so their money will be worth more than it has in the past.


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