Thread: Go crazy in here!!!

Originally Posted by neno

As I move Post Daily to our "History Thread" This Post will remain after the Rules of this Thread until the "BIG R/V". We are getting little r/v's everyday. But until the BIG ONE, this will be #2 post everyday. Awsome Alphamystic........

Wow, I feel truely honored

Thank you everyone for all the kind remarks and PM's. I just wanted to do something a little fun and add my little contribution to all the hard work that the others have done because the rest of us cannot.

A seminar or two in the Caymans is not a bad idea. However by the time we get there we will all have hopefully consulted tax attorney's, investment guru's etc. and we will be sharing this info with eachother on this forum and comparing notes.

We have all invested different amounts and have different goals, so obviously we will all need different strategies.

The advice I will give which applies widely is the following:

Don't go cashing in all your dinar at once, the dinar is going to rise within the next two years to over $2.50,

If you own a home don't go running to pay off your mortgage, if you are in the US, the mortgage on your primary residence is tax deductible.

To buy a home I am going to try the following strategy,

find a bank that where I can deposit my dinar

this way I can get a loan in dollars for a home, using the millions in my Dinar account as collateral. This way my dinars keep rising in value and earn interest at the same time.

Finally, buy assets that earn income. Income producing real estate is a great pick there will be great buys in the next three years as the real estate bubble deflates.

Money can go really fast when we spend it on boats, cars and other luxury items which cost money to purchase and maintain. Just ask guys like Mike Tyson, who made millions and are now broke.

Peace
Michael

Originally Posted by MC Dig

A seminar or two in the Caymans is not a bad idea. However by the time we get there we will all have hopefully consulted tax attorney's, investment guru's etc. and we will be sharing this info with eachother on this forum and comparing notes.

We have all invested different amounts and have different goals, so obviously we will all need different strategies.

The advice I will give which applies widely is the following:

Don't go cashing in all your dinar at once, the dinar is going to rise within the next two years to over $2.50,

If you own a home don't go running to pay off your mortgage, if you are in the US, the mortgage on your primary residence is tax deductible.

To buy a home I am going to try the following strategy,

find a bank that where I can deposit my dinar

this way I can get a loan in dollars for a home, using the millions in my Dinar account as collateral. This way my dinars keep rising in value and earn interest at the same time.

Finally, buy assets that earn income. Income producing real estate is a great pick there will be great buys in the next three years as the real estate bubble deflates.

Money can go really fast when we spend it on boats, cars and other luxury items which cost money to purchase and maintain. Just ask guys like Mike Tyson, who made millions and are now broke.

Peace
Michael

I've been doing a lot of reading and learning, because like you, I don't want to be the lottery winner that loses it all.

Originally Posted by ordinaryseawoman

Adster, you just gave me an idea...(Sorry Neno, I'll be quick!)

Folks, how about we start thinking about lining up some tax consultants/attorneys to meet with us out in the Caymans at the party--the perfect place and the perfect time. We could reserve a meeting/banquet room (or several) and have the experts give seminars...those of you who have more tax/attorney/cpa savvy start thinking about who you would invite...I'm sure most of us would chip in on any fees...I know I would!

I'm telling you, these are seminars I would be ever so happy to attend!!!

(I think these little icons show how the party will go for me! )

Cheers, OSWoman

Originally Posted by Wm.Knowles

Hey guy, i think you have a god idea. Having individuals at our RV party that can answer questions about investment and off-shore issues would be a great ise. i am sure that many of the off-shore banks would gladly provide a knowledgable person at a dinner, seminar etc. So lets plan on it. I'll help set it up with you, maybe early in the summer? Thanks

This idea was suggested a couple of months back when the idea of a RV party was first brought up. I would think NOW could be a good time gather a list of speakers and investment topics (Oh! and party plans...beer, champagne, shots and beer )

Originally Posted by blackwulf

This idea was suggested a couple of months back when the idea of a RV party was first brought up. I would think NOW could be a good time gather a list of speakers and investment topics (Oh! and party plans...beer, champagne, shots and beer )

You forgot to add.............


Lots of Beer !!!!!!!!!!

Originally Posted by blackwulf

This idea was suggested a couple of months back when the idea of a RV party was first brought up. I would think NOW could be a good time gather a list of speakers and investment topics (Oh! and party plans...beer, champagne, shots and beer )

Ill take a spot as a speaker. And Ill bring the cups and youz bring the beers. Haha

Originally Posted by blackwulf

This idea was suggested a couple of months back when the idea of a RV party was first brought up. I would think NOW could be a good time gather a list of speakers and investment topics (Oh! and party plans...beer, champagne, shots and beer )

I am going to need to scuba dive in the am. so don't schedule anything until the PM. thank YOU. Knowles

Originally Posted by blackwulf

This idea was suggested a couple of months back when the idea of a RV party was first brought up. I would think NOW could be a good time gather a list of speakers and investment topics (Oh! and party plans...beer, champagne, shots and beer )

Let's invite the professor!!!!!!!!!

Originally Posted by Wm.Knowles

I am going to need to scuba dive in the am. so don't schedule anything until the PM. thank YOU. Knowles

I am also married to a good looking woman, so I might be busy in the PM also. Knowles

Originally Posted by Wm.Knowles

I am also married to a good looking woman, so I might be busy in the PM also. Knowles

"NEED" to scuba in the am....."MIGHT" be busy in the pm....you crack me up! lol!

Let's get this thing done, shall we?