CRC wrote: I..was looking to invest to in Iraqi dinars. I was looking for an investment that I could follow and when the time came I could cut my loses and get out of it if it was going to lose money a friend mine recommended an investment company to me called Stone wood
I’m a 99% lurker here but I can’t resist this one. CRC, you have to be kidding! Iraqi dinars??? Currency investing is for professionals. Most real estate investing is for professionals too. Another poster touched on it, but let me spell it out simply for you:
NEXT TIME, open a Fidelity or Vanguard account like the rest of us! DIVERSIFY your investments according to your risk profile. Maybe put some of your money in a money market fund, put some in an S&P index fund, put some in a bond fund, put a little in emerging growth or an overseas fund. Then sit back and enjoy the 8% a year you’ll get over the long term. And keep adding to your account every payday by throwing in another 10-20% of your gross income.
That’s how the game works for those of us who are getting richer and richer one day at a time. Got it?
If this isn’t sexy enough, and you’d rather play with dinars or scammy real estate deals, I’ve got a big ole bridge nearby that I’ll let you have cheap.