Pre & Post RV Facts

How True Professionals and Private Bankers Can Help You (Post RV)

3/18/2015

REPOST FROM 2012

"How True Professionals and Private Bankers Can Help You (Post RV)"
- by Mr. Anonymous

Lately as we seem to draw very near to the reality of pushing that "RV Button" there has been a lot of talk about Private Bankers, Bank Packages and following "gurus" to other so-called "investment" resources.

Scam School by Chuck Whitlock

3/24/2012

Thanks to Mr Anonymous for telling me about this book.....

Scam School by Chuck Whitlock

They are Out to Get You!

Chuck Whitlock, the world's leading scam-buster, wises you up to the incredible variety of cons just waiting to rid you of your wallet, your health, and your pride. Renowned to viewers of Oprah and Hard Copy, Geraldo and Sally Jesse Raphael, Inside Edition and CNN, Chuck Whitlock has exposed hundreds of con artists and reenacted scores of scams on camera. In his Scam School he reveals the tricks of the con artist's trade as he recounts his adventures going undercover to expose the most common and crafty scams circulating today — scams like:

    The faith healer who sold "human fat" candles at $900 a pop
    The new hire who wooed his boss and then bilked her out of her life savings
    The Three-Card Monte game that cost one man $25,000
    The nursing home that double-charged patients and Medicare, pocketing the profits

At once shocking, entertaining, and empowering, the true stories in Chuck Whitlock's Scam School will give you a Ph.D. in street smarts. "In a culture where people are increasingly being victimized by fraud, Scam School is a must read." --

Vincent Bugliosi, Author of Helter Skelter "Chuck has educated millions of viewers about the dangers of con artists. This book can help avert tragedies." --

Sally Jesse Raphael "Knowledge is power. Scam School will make you powerful." --

John G. Di Liberto, President & Ceo, National Insurance Crime Bureau "Through his investigative reporting and on-camera scams, Chuck has probably cost con artists millions of dollars in lost revenues"

FLASHBACK: FINALLY A COMMON SENSE ANALYSIS OF THE "LOP" / "DELETING ZEROS"

3/20/2012

FINALLY A COMMON SENSE ANALYSIS OF THE "LOP" / "DELETING ZEROS"
- by Mr. Anonymous

There has been a lot of confusion and frankly a lot of mis-information about the two terms "LOP" and "DELETING ZEROS" of the Iraqi Dinar.

I would like to take just a minute or two of your time and offer to you a common-sense approach to look at these two very confusing terms!

These two terms are simply nothing more than a casual language expression for the Iraqi Banks taking the IQD currency "old" bills which have "three zeros" on them (i.e. the 1,000; 5,000; 10,000 & 25,000 IQD Notes) and removing them from the Iraqi Economy! That's it! Nothing More!

HERE IS AN EXAMPLE WE ALL CAN RELATE TO

In the United States, several years back, when the Federal Reserve wanted to roll out our "new" currency with the "large" pictures on them to better fight counterfeiting (humm, sound familiar?), what did The Fed Reserve do? The Fed Reserve told all the Banks to "delete" the "old" US currency (i.e. "small" pictures) from our US Economy! Right? And, note this, the Fed Reserve told our Banks to "delete" the "old" US currency, but it is still valuable, you can still spend it, right???!!!

So, how are the US based Banks able to "Delete" the "old" US Currency?

Simple, whenever the Banks receive an "old" currency note they hold it, then send it to the Fed Reserve, where the Fed Reserve will destroy those "old" notes.

DOES THIS NOW MAKE SENSE?

Comparing what the United State's Fed Reserve is still doing with "deleting" our "old" (small pictures) currency to that which Iraq's Central Bank (www.CBI.iq) is essentially going to do with the process of "deleting" their "old" (three-zeros) currency to replace it with the "new" currency, does this now make sense to you? Because it made sense to me when I heard it explained.

Think about this also, the head of the CBI, Dr. Shabibi has said that this will be a process which will take two years. He has also said in a very recent News Article as posted on TheIQDTeam.com website and read on one of their recent conference calls, the CBI plans to honor all of the "old" (three-zero) currency notes for at least 10 years!

After knowing this, now you can feel safe in knowing the truth of the process!!! And not what you may have heard or read on an "Intel" or "Rum-tel" site. There is no need to panic. Think about it, if you still are holding on to "old" US Currency, you can still use it - right?

ANOTHER THING TO CONSIDER IS THIS...

Why did Dr. Shabibi tell the world in several News Articles that the IQD's "old" (three-zero) currency will be valuable for at least 10 years? Was he saying this to his people of Iraq? Was he saying this to you and me? NO!!! Well then why???!!!

Here is why! Dr. Shabibi was telling this to the US Treasury and to most of the Governments around the world that currently hold IQD in their Foreign Currency Reserves! Governments will NOT tolerate these "old" (three-zero) currency to suddenly be valued as "worthless"!!!! Right!!!??? Can you say WAR!!!???

Do yourself a favor if you are new to the IQD "Investment" or if this issue still confuses you or worries you. Please take a little time and read the Article "The Future of Iraq Project" (especially the last section 20 on the Banking system) Here is the direct download link: http://www.theiqdteam.com/future-of-iraq-project--other-links.html

IN CONCLUSION...

Hopefully you now better understand these two terms "LOP" and "DELETING ZEROS" of the Iraqi Dinar and are no longer confused by them when you hear them or read them.

You now know that these two terms are nothing more than a badly translated expression that is being used for the well planned process of removing the "old" (three-zeros) IQD currency from the Iraqi Economy by the Iraqi Banks. This will be done over a specific time and it has absolutely NOTHING to do with the IQD currency's actual value!

As most of us Dinarians have already figured out, there are a LOT of RUMORS out there and "Gurus" that seem to purposefully (for whatever reason) want to float "bad" information on the Dinarian Boards, Chat Rooms and Conference Calls.

If you have questions about the Iraqi Currency, or you saw a post that the IQD has "RV'd" and you want to verify it for yourself, then the very first place to check before calling or emailing anyone is check the www.CBI.iq website. The CBI.iq website is your ONLY RELIABLE SOURCE OF INFORMATION as to the ACCURACY of the Current IQD Exchange Rate!

THANKS FROM THE IQD TEAM

LOOKING AT APPLE'S STOCK - SHOWS HOW THE IQD RV CAN HAPPEN

3/15/2012

LOOKING AT APPLE'S STOCK - SHOWS HOW THE IQD RV CAN HAPPEN
- by Anonymous

This morning I saw on a Blog that is very dedicated to reporting about Apple and iOS that Apples Stock (AAPL) just went above $600/share today!!!

For your reference, here is the direct link to the article: http://www.idownloadblog.com/2012/03/15/apple-stock-600/

You can also go to http://finance.yahoo.com (http://finance.yahoo.com/q?s=aapl&ql=1) and search "AAPL" ticker symbol to get highly detailed financial information on Apple.

Now, how does this relate to the Iraqi Dinar (IQD)???

Okay, before I go any further, to keep the Attorneys happy, remember this is NOT investment advice or counseling, these examples are illustration only and have not been evaluated for accuracy. You must consult your own Professional Investment, Tax and Legal Advisers for relevant advice that best meets your own personal and unique situation.

Well, if you may remember, just over 10 years ago, when Steve Jobs was brought back to "save" Apple from Financial doom, Apple's stock was trading around $6.50/share!!!

I had purchased around a thousand shares back then, and I took a nice payout for holding them a while, but holy cow, if only I had waited 10 years, how rich would I be today for a small investment???!!! My investment in just AAPL, would have gained OVER 8,822%!!!

Why is this example even relevant?

Well, back about 10 years ago, before Saddam Hussein pissed off the United States and the UN, the Iraqi Dinar was trading around $3.32 per $1.00 USD. Today, as you are aware, the sell rate on the www.CBI.iq website is: 1166 / and the buy rate is: 1164 IQD per $1.00 USD.

As we all know, Saddam "ran Iraq into the ground" (by bringing sanctions and war on the people and country of Iraq). Now, the former CEO / Chairman of the Board of Apple didn't take Apple to war, but he did run Apple "into the ground" also.

I hope you are following my parallels, sure there is a vast difference between a country and a corporation, but the financial principles I'm trying to get you to understand are actually more similar than you would at first believe or understand.

Actually just after the war, when the United States "swapped" the IQD that had Saddam's face on it, to the current IQD currency we are familiar with (http://www.cbi.iq/index.php?pid=Banknotes) the IQD around 10 years ago was worth between 3,000 - 4,000 IQD to a $1.00 US Dollar!!! Over these past 10 years this has increased in value to the current rate of 1,166 I listed above.

When Dr. Shabibi, the head of the Central Bank of Iraq (CBI) finally decides that everything the Iraqi Government is in order, he has said on several occasions that he will make the IQD very powerful and bring it back to what it used to be. Dr. Shabibi's words which have been reported and relayed here by the IQD Team and can be found on their website: www.TheIQDTeam.com - there is even a short video that was taken of him actually saying this.

The IQD has already made Thousands of Investors HUGE Profits!!!

Lets assume you were introduced to this opportunity to invest in IQD 10 years ago, lets see what would have happened if you had held them up to today.

Had you invested say $10,000.00 USD back 10 years ago with purchasing the new IQD notes, you would have an investment that is now worth more than $30,000.00 USD!!!

That is much better than some of the Top Mutual Fund Companies can do with that $10,000.00 - even at a higher 10% rate of return!

So, now lets assume you are in the majority of people who have heard about this only within a short while, around a year or less.

We don't get the gain as if we has learned about it 10 years ago. However, we are speculating (or maybe even gambling) that Dr. Shabibi will hold true to his word, and Revalue (RV) his Iraqi Currency (IQD) to what it was and historically has been - around $3.32 to $1.00 USD - up from the current rate of 1166 to $1.00 USD.

In Conclusion....

This kind of gain, if it happens as we all hope, would be very exciting to say the least, and also a true life blessing of immense proportion for most importantly, the people of Iraq!

Yes, the people of Iraq and NOT you and me!!!

Remember, we were never supposed to learn of this! Only thanks to the Bush Administration allowing "The Future of Iraq Project" (http://www.theiqdteam.com/future-of-iraq-project--other-links.html ) document to be "leaked out", and also when G.W. Bush signed an Executive order making it legal for us to own the currency of a "terrorist nation" (which until Ch 7 is lifted is, I believe, their current "status" with the UN).

Remember in your heart that this is NOT for "us", it is for the people of Iraq who suffered decades of tyranny by Saddam and his cronies. You must believe that you are only blessed to have this knowledge and foresight to purchase some for yourself, but only purchase what you can afford. Don't stop paying rent to buy IQD if you know what I mean!

Step-By-Step .PDF Guide for Newbies on how to Twitter....

2/29/2012

Step-By-Step .PDF Guide for Newbies on how to Twitter....
- by Mr. Anonymous

Thanks Mr Anonymous for your great and hard work on this one....We appreciated it sooo much

Hello my Dinarian friends! Attached you will find an Adobe Acrobat .PDF file that I created for a person who is not familiar with Twitter.. some step-by-step instructions which include pictures to make it very simple to understand. You will need a PC or Mac Computer with an internet connection to follow these instructions.

The guide covers registering for your own new Twitter account, and then how you will "follow" The IQD Team using your new Twitter account.

Lastly, this step-by-step guide Instructs you on how to activate your mobile phone to receive The IQD Team's Twitter "tweets". Please note a word of caution about you needing to upgrade your mobile phone's Monthly Text Message plan to Unlimited to avoid a huge monthly bill.

Keep in mind the biggest two advantages you will get from "following" the IQD Team's Twitter account!

First you will be "tweeted" (which is a fancy name for receiving a Text Message from the Twitter Server) their daily News Article postings!

Secondly, when the RV does in fact happen, and has been double-confirmed by the IQD Team, they will also notify your mobile phone (if you decide to connect it to your Twitter account) using Twitter! This is great if you are sleeping or you are away from a computer, you will still get the News of the RV right on your mobile phone!

Click here to follow 'THE IQD TEAM"

Click above to follow The IQD Team

Click Here to Download "How to Twitter and Follow The IQD Team"

WHERE I WILL BE POST RV

2/25/2012

"WHERE I WILL BE POST RV"
"Mr Anonymous"

I want a house like that too but much bigger...lol...Deb

HAVE A GREAT WEEKEND.....ENJOY.....DON'T WORRY...BE HAPPY
TIME FOR A COOL CHANGE..

"THE IQD TEAM"

SPLIT IT UP - PROTECT IT ALL!

2/21/2012

Thanks for more of your common sense wisdom..The IQD Team

SPLIT IT UP - PROTECT IT ALL!
     - by Anonymous

Have you noticed how exciting the news has been lately!!! I don't know about you, but I personally feel that we are really close to the IQD's RV... I can't explain it, but it is kinda like that feeling you get sitting with your back to a fire that is going in the fireplace - you feel the heat, but you can't see it!

Well, with all this excitement, it is a bit difficult to keep our heads about us. We keep hearing that we must prepare, we must make our plans, we should get everything in order BEFORE the RV. And, I'm sure, you have a few ideas, and that is about all. I'm pretty much in the same boat as you, I have ideas of things I want to do, but I don't have an "exact" order of progression - I believe that is impossible!

However, I do believe that a reality check may be in order for both of us, just to make sure we are "planting the seeds" of correct thinking.

SPLIT IT UP!

First off, I am hearing of more and more people who are worried about FDIC Insurance or Bank Failure Rates and are asking for advice!

Let me just say this, if I were to give you a list of "good" Banks today, that does not change the fact that tomorrow they may go through an Audit and determined to be insolvent!!!

I would not spend too much time today worrying about what bank today is a "good" bank - lets worry about that AFTER THE RV and when you are wealthy!

Here are two useful links from ehow.com on determining a bank's financial health:
   LINK 1:
http://www.ehow.com/how_5169725_quickly-determine-banks-financial-health.html

   LINK 2:
http://www.ehow.com/how_6518411_check-financial-health-bank.html

But, really, there are NO GUARANTEES in life

You must know that Life is NOT "Fair"! Therefore, to best protect yourself and your money, split it up and deposit your money in several banks!

You can start from "day 1" when you go to exchange your IQD after the RV. Let's use some simple numbers and assumptions for this example.

Lets assume you own 1 Million IQD after the RV, and the rate comes in at exactly $4.00 to 1 IQD. Congrats, you are now worth $4Million!!!

Now, did you know that when you exchange the IQD, you don't have to do it all in one lump sum?

In fact many experts will tell you to split it up!

So, lets assume you take just 125,000 IQD ($500,000 USD) to Bank/Broker #1, and then take another 125,000 IQD to Bank/Broker #2 and do this with a total of Eight different Banks / Brokers! You have split up your deposits, making it very difficult to now lose all your money due to a Bank Failure, or a dishonest Private Banker!

If you have one favorite Currency Dealer, and are planning on using that organization, have them send out 8 separate wire transfers to each of your 8 banks.

Of course for each of the 8 banks you will need to set up your account with them using one of their Private Bankers which is assigned to you from that Bank.

Do you need to do any of this today? Heck NO!!!! In fact, I am going to wait several weeks after the RV to contact banks and Private Bankers!

THINK ABOUT THE "OTHER" BANKS...

Another thing to think about is we are all familiar with the common Four "Big" Banks, but most of us have never had to use Commercial and Business Banks. Keep your mind open about working with them too! They are used to working with large depositors!

You have to remember, the "Big 4 Banks" make their money off the "average, middle class" people who have a monthly average balance of only a few hundred dollars or a few thousand dollars in our accounts (like you and me today!)

But, Commercial and Business Banks make their money off the "rich and wealthy"! They are very familiar in dealing with "Million Dollar Clients" who are often Small Businesses that run Millions of dollars monthly through their institution.

CAUTION ABOUT PROFESSIONALS...

You and I will be "new" to this reality of being considered a "Million Dollar Client" by these Banking Professionals, Attorneys and Investment Professionals.

A few of these people will be jealous of our new wealth! Yes, some of these people will want to help us, however unfortunately some will try to betray us! That is reality and that is fact!

Beware of this now, before you go in to banks or meet with Investment Advisors. Keep your mind about you, if they start talking all kinds of fancy words that you never heard before, ask them to explain it for you!

If these Professionals are not patient enough to fully and patiently explain their programs to you, then wright down the words you don't understand, get their brochures, and leave to go do your own research!!! I would suggest you always make a point of meeting with a few more Professionals to hear their opinions and offers also before you ever make an agreement.

A FEW MORE CAUTIONS TO CONSIDER...

I will not do business with anyone over the telephone that has contacted me first! You know what I mean, the Telemarketer who calls you out of the blue, is very friendly and sounds extremely intelligent! He/She may be as honest as the day is long, but I will refuse to hear his/her offer or talk to them!

Not to be "rude' but there are just too many scam artists who use the telephone to steal money! If I do have any interest, I will tell them to send me a proposal to my email address. I will give them a free email address that I use ONLY for this purpose (I call it my "SPAM BOX") it will be a free email account with a free provider like Hotmail, Yahoo or Gmail.

If someone is pressuring you to buy some sort of investment, tell them you need to run it past your attorney first and it will take a minimum of a week before you can come to a decision. If they insist you still decide "now", leave!

Trust me, what they are offering to you is not that "urgent", and if they don't want you to take time to think about it, then it is 99% because what they are "selling" to you is a "SCAM"!!!!

Would you rather wait a week to be sure and better protect yourself from scam artists or jump on some "hot" deal that "fails" and you are now out the money or worse yet, broke!

IN CONCLUSION...

I would recommend that you NEVER tell anybody exactly how much money you really have! And just to be clear, "anybody" DOES refer to my family as well, especially my family!

No offense to my family, but only my Spouse will be privileged to know exactly how much money we are worth!!! I'm not even going to tell my children, they can find out from my Will after I'm dead! This will be really tough on most of you, it is for me too, but it is vitally important to NOT tell them!!!

So, knowing my opinion on who to tell, when working with Private Bankers, Attorneys, CPAs and other Investment Professionals, stick to only the amount of money that you have on deposit with them! Don't tell them about your other investments and don't tell them that you have seven other banks with a Quarter Million each!

If you tell them..... Do you know what will happen???
That Private Banker or Investment Professional will lose sleep at night, he/she will have nightmares thinking about how they can convince you to move your money over to their bank!

When their Supervisor tells them to "up their numbers" for the Month/Quarter/Year - who are they going to call??? YOU! So, don't tell them you have other money or investments!

I will say it again! Don't tell anybody, its none of their darn'd business to know! This will keep you and your family much safer too.

Trust, but verify!
Keep one sad reality in your mind at all times, nobody is your "friend" when it comes to large sums of money! The more a professional wants to become your "buddy" and "friend" by giving you gifts, taking you out to dinner or a vacation, that person is trying to set you up to take your money!

Almost all legal financial and investment Individuals and Institutions in the United States (and most other Modern Countries) are Regulated to a gifting limit of something around $100 USD in value per year! If that guy just "gave" you a vacation worth $5K or $10K he is breaking the law! If he is breaking the law, what are his intentions with your money???!!!

The "deal" that is just too good to be "true" is almost always a scam! The harder they push to rush your decisions, the more likely it is a SCAM, and you should walk away and don't look back!

FINAL LAST WORD!!!
If you now have (in my post RV example above) $4,000,000.00 in the "bank" you are "RICH"!!! You don't need a "get quick rich" investment scheme to make you what you already are!!! If you don't feel good about it, or understand it, then don't do it!!!

ITS SIMPLE ITS A LANGUAGE PROBLEM!

2/20/2012

ITS SIMPLE ITS A LANGUAGE PROBLEM!
- by Anonymous

Well hello friends, it clearly appears from all of the absolutely GREAT news articles that have come out in the past week and even these last few days that our IQD journey is coming to an end very soon!

Were you aware that based on statistics of people who have won State Lotteries that an average of 70% will squander or lose all their winnings within a short couple of years!

I encourage you to learn more about this and enter the following keywords into your favorite search engine (i.e. Bing, Google, Yahoo): "lottery winners statistics" -- you will find many websites that deal with this issue! It is also known as "Sudden Wealth Syndrome" or SWS. If you don't have a computer to do this, then please use a free computer at your local Library.

One of the main reasons people who win a Lottery Jackpot, lose all their money in a short time is.... (the obvious) "Bad decision making skills"!!!

That's really as simple as it is! But, if it truly were that "simple" then why don't more people just make better decisions with their money???

Its Simple - Its a Language Problem...

To put it in simple terms that you and I can easily relate to - think about it this way - Why in America do we predominately all speak English and not Chinese?

Silly question right? The reason is because we have always spoke "English" as a whole nation! Right!!! If we grew up in China, we would speak "Chinese" - Right!!!

Okay, but what in the heck does speaking English and Chinese have to do with Financial decision making???

Money is a "language" poor people speak "poor"; middle class people speak "middle class"; rich people speak "rich" and the top 1% Wealthy class speak... you guessed it - "Wealthy Class" language!

If you speak "poor" then your decision making process will be much different than that of a person who speaks "wealthy"!

You need to learn to speak a new 2nd Language!

Is it no surprise that the poor stay "poor" and the middle class stay "middle class" and the Rich stay "rich"??? Just like if we were born in China we would still speak "Chinese"!!!

And, please do yourself a favor and don't start with the propaganda of well the "rich" oppress the "poor" and hold us down!!! That is horse-hockey! Not here in America! Not even true anymore in China! China today is producing more $Millionaires than America is!!! So, don't fall for that - that is part of the language of "poor" and you need to erase it from your vocabulary. People who teach you that either are "poor" also, or they have an agenda to sell you something!

Need an example?

Here are a few examples in American that you can easily recognize: Sports Stars, Music Stars, Movie Stars, Authors, TV Stars, Top 10% of Sales People!

All these people busted their butt in their profession to become successful, and they have made themselves $Millionaires from nothing! We can also include Small Business Owners / Franchise Owners! IT IS A MENTALITY which starts with BELIEF and HARD WORK!!!

Will every person who tries out for the football team in High School or College going to end up as this years SuperBowl winning Quarterback??? NO!

But, on that team Peyton Manning was surrounded by $Millionaires! In fact, I would be willing to bet you a donut that all those guys were not from "rich" families when they grew up! They applied themselves to their craft and became the top 5%, 10%, 20% and are all self-made, because they learned the language of "success" and "wealth"!!!

To Speak The Right Language - Here is where I am going with all of this...

Imagine one day that you hail a Taxi and the driver is Chinese and he really doesn't speak any English, just only a couple of words, really not even enough English to have a conversation with you. He only speaks enough English to get you to the Airport where you are going.

So, you are riding in this Chinese Guy's Taxi and he has on the radio a Chinese language radio program that he is enjoying. Suddenly he starts to laugh out loud! Why didn't you laugh also with him?

Think about it - the reason "why" is because you didn't understand what was said in Chinese - right?

You BOTH heard the EXACT SAME THING, but he understood it, and you didn't understand it. He reacted, you didn't react. Why?

Back to the language of money.

Now, lets say that you share a Taxi with another business person, and you are both going to the Airport.

He wants to make a telephone call and asks you if you don't mind if he has it on the speaker phone, since his bluetooth headset is broken. You tell him you don't mind.

He makes his call and starts talking to his Private Banker or Attorney - you're really not sure - and they talk about some financial stuff you really don't understand!!! He also talks about some sort of merger and buy opportunity and other stuff about the market and yield spreads and buy / sell stop losses and on and on! Oh my God my head hurts!!!!!

Your mind starts to wonder and drift over to thinking about your family and then you think about how you need to make the lease payment on your new car, and how excited you are that you just bought a new, larger flat-screen TV and on and on... Pretty soon you don't really even notice or hear the other guy on his phone!

You tuned him out Why??? Just like you had tuned out the Chinese language radio program in the first example! WHY IS THAT???

Because you BOTH speak DIFFERENT LANGUAGES!!!! Get it?!

This is no different than the Chinese Language example - you didn't get the joke because you didn't speak Chinese! You didn't hear a potential financial opportunity because you don't speak "Rich" or "Wealthy". Get it!

This is your wake up call my friend! You have to start learning the language of "rich" and "wealthy" if you want to be "rich or wealthy", just like you would need to learn Chinese if you wanted to live in China!

You need to start thinking in the terms of how a "rich" person thinks and not how you currently think! You need to start thinking about being that rich person. Ask yourself questions, why does that "rich" person do what he does? Why is his decision making process different than mine?

There are some websites and good books on this subject. I encourage you to use your favorite search engine and search the following terms: "How Millionaires really live book". If you never "spoke rich" before, you will find this new knowledge very interesting, perhaps even fascinating.

In Conclusion...

Do you have to become "fluent" in "rich" or "wealthy" before the RV? No, luckily you do not!

But, you do need to start learning some "words" of "rich" - just like that Chinese Taxi Driver did. He knew just enough words of English to take you to the Airport - you need to do the same with the Money Language!

You are also lucky because you are not alone! After the RV the IQD Team has said that for an unspecified time after the IQD does RV they will hold regularly scheduled conference calls and post even more resources on their website which will assist you in the process of becoming even more familiar with this new "wealth" language!

EXCELLENT QUOTES by WARREN BUFFET

2/15/2012

EXCELLENT QUOTES by WARREN BUFFET

ON EARNING:
"Never depend on single income. Make investment to create a second source".

ON SPENDING: "If you buy things you do not need, soon you will have to sell things you need".

ON SAVINGS: "Do not save what is left after spending, but spend what is left after saving".

ON TAKING RISK: "Never test the depth of river with both the feet".

ON INVESTMENT: "Do not put all your eggs in one basket".

ON EXPECTATIONS: "Honesty is very expensive gift. Do not expect it from cheap people".

THANKS TO MR. ANONYMOUS

Post RV Action Items Short-List

2/15/2012

Post RV Action Items Short-List
- by Anonymous...(

The other day a fellow Dinarian and I were talking about our "short-list" of things we need to do post RV. I thought I would write a few of the more important ideas down and share them here with you.

First Items on my List of Things Post RV T0-Do

First, change my contact info that I have used on various Dinar Boards and Forums. This is details like my phone number, home address and even my credit card info if I had used a credit card to either: donate, buy, or subscribe a product or service with either a Dinar Dealer/Broker or from a Board or Forum.

So, my friend tells me that this is easier said than done...

I beg to differ! I told him that you can "move" to a private mail service box (i.e. UPS Store, Pak-N-Mail, etc.) and these services usually charge a small monthly fee to receive all your mail, including your FedEx and UPS overnight packages. This will help to better protect your identity, and you can easily have your Residence Mail forwarded to this private mail box.

One caution: The USPS will NOT forward your mail FROM these private mail services with their mail forwarding service. So, later when you want to move that mail, say to another State, you will have to manually contact all the companies and people you want to have your new address - which too can be an advantage!

Hopefully sooner than later, I do have intentions to change my Primary Residency to another State that does not charge Income Tax and has a much lower cost of living rating. Currently there are seven states that do not charge Income Tax - I figure paying US Federal Tax is enough for me!

Changing your credit card info is really as easy as calling the bank or institution that issued you that card and tell them you lost your card. They will inactivate the current card, and issue to you a new card. Do this BEFORE you change your mailing address however, as many banks/institutions are leery about issuing new credit cards to a new mailing address - due to the high levels of identity theft. I'm sure the IQD Team will address this further on calls post RV. Then, after you get your new credit card, then you can call the bank/institution and have your mailing address changed.

Finally changing my phone number, I had talked about that in a previous post, but in short there are answering services that can give you one of their phone numbers that they own, they will pre-screen your calls for you and only allow through the callers you want.

Additionally, there are automated phone services like Google Voice that does this for you as well, you will get a call from Google Voice, it will prompt the caller to state the reason for their call, then the service will call you and play their message, and ask you if you want to take their call.

Next Thing on my List of Things Post RV T0-Do

Another thing I plan to do immediately post RV is to take a week or two to just "absorb" the thought of it all and of being rich! Then, I'm going to take just one, or maybe two 25K IQD notes with me to my bank and deposit them!

And before you scream your head off at me "but I heard on something that I read that we only have a limited time..."

Okay, lets get this strait - Dr. Shabbi is on record several times saying that the process will take two years, and perhaps up to 10 years after the RV!!! So, please forget about the "rumtel" that is out there which says we only have a few days or weeks.

The 100% fact will be known post RV, so tune in to the IQD's call after the RV or the website to get more definitive - but at this point I am 99.9% certain we are looking at a minimum of two years we can wait.

So, anyways, back to doing my little deposit of a 25K note - I will use this "test" to see what happens! I'm going to see what the exchange rate/process will be! Later on after the "dust has settled" and we know the IRS rules, and the best offers from the banks and dealers, that will be a much better time for me to belly-up-to-the-bar and get served!

But, the first small cash-in will help me to chase away some financial alligators that are lurking around my door and nipping at my heels!

This little amount of money will also give me enough cash to take a nice trip with my spouse and so we can be "away from it all" and start the process of really planning out our future. We have not been on a proper vacation for almost 10 years now, so it is about time!

An "almost-new" Car is in my future too! I will probably just fix up my current vehicle as it is a nice luxury car. I don't want to make a large purchase of a new vehicle or an "almost new" vehicle until after I make my move to another State - as the taxes are high here where I currently live and also I want to show an establishment of a new residence in a new state - this is another good way to prove I moved!

Quick Tip on buying Cars: We as a people are brainwashed by the Car Manufacturers that we MUST buy a "new" car every couple of years. I say HOGWASH!!!

Most of the time buying a "new" vehicle is not a great idea for you financially speaking! You lose such a large percentage of the "new" car's value when we just drive it off the Car Dealer's Lot!!!

Example: Buying a Mercedes 500SL is $100,000.00 "New" - however, the same Mercedes 500SL with low miles and 2 or 3 years "old" (i.e. a Lease Return) will sell for well under $50,000.00!!! Since you never had a 500SL, it is new to you and you now keep an extra $50,000.00 for whatever you want to buy, such as another car/truck or a "baller" Rolex!!! Or, you can also donate to charity!

Besides, now that you are "rich" (post RV) YOU HAVE NOTHING TO PROVE!!! You can drive an old 'beater' if you want, if you like it, why not??? You're rich! You don't have to impress your neighbor who now hates you because they didn't listen to you and buy Dinar!

In Conclusion...
Take a few minutes and a blank piece of paper and start jotting down ideas of what you will want to do now (pre RV) and keep that paper in your wallet or purse, so when a new idea hits you, you can quickly pull it out and write it down.

Having these ideas now will help you to keep your mind more clear post RV. If you have questions, write those down also for one of the future IQD Team calls after the RV, and the team will do their best to give you their opinions.

Thanks again Mr Anonymous..can't thank you enough...

The IQD Team: Helpful Information from Anonymous Pre & Post RV

2/14/2012

Good morning Dinarian Friends...and Happy Valentines Day....

I have a new friend "Anonymous" and listener at The IQD Team who sends me some great info about everything to help us in this journey...I have posted these all on our website - the links are below for each one.

You might want to check them out - some great helpful information for us all Pre & Post RV:

How to easily and safely protect your Identity

Tips you must know before buying investment real estate

Life Insurance Be Informed

The New Big Responsibility

Listen to Mom Don't Put All your eggs in one basket

Protect your principle - Consider this After the RV

Here are a few I have posted lately as well....Check them all out and all the other helpful information posted recently...

Changing State Residency

The Travelers Checklist

Traveling Light in a Time of Digital Thievery

Thanks and Don't Forget Your Valentine Today... HAPPY VALENTINES DAY ....DEB

HOW TO EASILY AND SAFELY PROTECT YOUR IDENTITY

2/14/2012

HOW TO EASILY AND SAFELY PROTECT YOUR IDENTITY
- by Anonymous

Lately we've all been hearing and seeing many commentaries on protecting your identity. Measures you can take, things you can do, etc. I wanted to drop in this quick idea which may save you money and effectively terminate much of the future unwanted calls by "vultures" and "sales professionals" after the RV - because like it or not, you are going to be on a "most wanted" hit list!!!

Here is what you can do after (or even now) the IQD RV....

After the RV, you will hire a personal Attorney, or even several personal Attorneys (i.e. Tax Attorney, Real Estate Attorney, etc.) and you will put him/her on "Retainer", which means you will hire them to handle some of your legal affairs and help you with contracts, etc.

One of the benefits of having an Attorney on Retainer is you can use their mailing address, and perhaps even their phone number to receive all of your future solicitation and bills! There are even dedicated services designed for this very thing for high profile individuals (i.e. Hollywood Celebrities and Entertainment Stars).

You can make arrangements with your Attorney to have this done through your Attorney's Law Firm. You will need to work it out with them exactly how they will want it formatted. So, lets say you hire a Real Estate Attorney to work with you to purchase real estate, you can have all of your Real Estate Tax records sent to his mailing address at the Law Firm!

You could also do this with another Attorney that works with you as your Tax Attorney, use his Firms address for all of your mailing addresses that are used on your tax returns and legal entities (ie Corporations, LLCs etc.).

You Don't Have To Take That Annoying Call...

If the Law Firm does not want to take your phone calls, that is okay! It may even be better you don't use your Attorney's Law Firm - I'm sure his billing for phone calls will add up quickly!!!

There are plenty of very affordable answering services (think Salt Lake City, Utah) that will pre-screen all of your calls and only forward to you the "white-listed" (i.e. Mom and Dad, siblings and maybe even your spouse... LOL).

But, in short, with these services, you can get a toll free number (or regular phone number, if that is what you really want) that is owned by the Answering Service, and you will have them answer your calls for you! The key here being "owned by the Answering Service" - so if someone "Googles" your phone number, they will only turn up the name of this Answering Service and their physical address, and not your name and your address!

Your Website Can Give You Away...

If you have a website, I suggest you get a "Private Registration" type of service - most major Domain Registrars sell this service for under $10/year. A very cheap price to pay to hide your identity. And don't go spending $10/year to hide your name with "Private Registration" and then put your name and private email and private phone contact info on your website! (I've seen it done! LOL!!!)

If you have an exotic domain (i.e. a .FM) and some of the few other domains that currently don't allow for a "Private Registration", then use your Attorney's mailing address and your Answering Service for the Phone number. Also, I would suggest setting up a "fake" email on a free email service like Gmail, Hotmail or Yahoo to list as your email address for that registration.

In Conclusion...

I'm no "Rocket Scientist" (just ask my friends on Facebook) but I will tell you that these tips come from many years of being in Business and also from having a "closer than I like" relationship with Attorneys! Luckily almost all of the Attorneys I've worked with in Business are GREAT people with a love for the people they work for, and a deep hatred for their "Ambulance-Chasing" Colleagues!

Thanks again to ANONYMOUS.......Great helpful information

TIPS YOU MUST KNOW BEFORE BUYING INVESTMENT REAL ESTATE

2/13/2012

Some more helpful Tips from my favorite listener ANONYMOUS...
THANKS from Deb at The IQD Team...

TIPS YOU MUST KNOW BEFORE BUYING INVESTMENT REAL ESTATE
   by Anonymous

Hello again friends, recently I was asked by a fellow Dinarian who knew that I have been in the Real Estate Industry for over 20 years some questions about buying investment properties after the RV. I figured I would relay some of his questions over to you as well, I hope this helps, but remember your situation is different and please be sure to always consult several other local to your State and area professionals for their assistance.

Q: Should I buy Residential Housing (i.e. Apartment Building) or should I buy Commercial?

A: The answer primarily depends on your preference, both have positives and negatives, here are some things to keep in mind.

    RESIDENTIAL:
       1) Renters tend to come and go much more frequently, causing higher costs to 'refresh' the unit (clean carpets, paint, repairs, etc.) a typical rental contract is 1 to 2 years.

       2) Renters tend to be more 'destructive' as they have no sense of ownership.

       3) Renters tend to be "high-maintenance" needing their toilets repaired at 3:00 am, etc.

       4) Renters may not be as consistent with making their monthly rent payments.

       5) You will be responsible for all property taxes and other potential liens (i.e. Trash/Water & Sewer).

       6) Management services will need to be employed to manage points 1, 2, 3 and 4 - costing you extra.

       7) Consists of 1 to 4 units (single family residence (sfr), Townhouse/Condo, or 2,3 or 4 unit building (duplex, triplex or 4-Plex).

    COMMERCIAL:

       1) Desirable Premium Types:
               a) Major Chain Restaurants (i.e. Applebees, McDonalds, Starbucks)
               b) Consumer Stores (i.e. Grocery, Electronics, CVS, Rite-Aid, etc.)
               c) Professional Business (i.e. Dental, Legal)
               d) Senior Retirement Homes

       2) Commercial Tenants tend to be much more stable and not move.
               a) They want to lease long-term (i.e. 5, 10, 20+ years) from you because of the tax deductions
               b) They want to lease because your property's location is more desirable to anything they can currently purchase.

       3) Tenants typically lease with a "Triple-Net" Lease - in very short "plain English" that means that they pay you a monthly amount and they are responsible to pay all other costs including, maintenance, repairs, and property taxes.

       4) Tenants mail you a monthly check, many times you would not need a Management Company, saving you money.

       5) Consists of 5+ units, or undeveloped land, or Farm/Ranch land.

Q: Should I just pay cash for the property?
A: If it was up to me, I would use "OPM" (other people's money) and only pay the minimum cash required. With commercial / investment type properties, many banks will want to see a sizable deposit, such as around 50% deposit cash!

TIP & TRICK: An old "loophole" - this loophole may have already been "plugged up" with the new lending laws, however it may still be open, so listen to this which was taught to me many years ago by an old Mortgage Pro.... Every year he purchased a few 4-Plex Rental Units. He would officially "occupy" one of those units as his "Primary Residence" and then rent out the other Three Units. He did this to get around the classification of Investment Property which required a 50% deposit of cash. Since he was buying this 4-Plex as his Primary residence he only put down 10% cash. He had the utilities, cable, phone all in his name for one of the four units. Then several months later he would "decide to move" to another 4-Plex unit which he was purchasing as his new "Primary Residence". Last time I heard, he had purchased over 20 of these 4-plex units this way! Again, the lending laws may have plugged up this loophole, but it is worth checking in to, just be sure to ask the right people, or you may get yourself into trouble.

Q: The real estate saleswoman told me that with the rents collected on this one property, I will easily cover my mortgage, expenses and my property taxes - does that sound like a good property to buy?
A: Be careful of real estate sales people's "fuzzy math"!!! After looking at her Estimate she left off the most obvious, but most frequently (and conveniently) overlooked aspect of the investment!!!

This "overlooked" (ooops!) aspect is when they conveniently forget to factor in YOUR "Cost of (YOUR) Money" more importantly the COST of using your CASH Money Deposit! The 10% to 50% Cash paid to purchase that property! They never factor that you could take that money and invest it in other safe investments that will often pay 4%, 5% up to 10% (or more) annually. So, if that is not included, you had better factor that in!!! It is not enough that the rents cover the Mortgage, Expenses and Taxes, it MUST cover the cost of using your own money which could have been invested somewhere else! This is an OLD TRICK, so don't let them fool you!!!

TIP & TRICK: Watch out for the Cost Estimate Sheets that also don't factor in the true costs of Vacancy! The cost of Vacancy is not just the lost monthly rent income, but it is the cost of keeping electricity on in that vacant unit, the advertising costs, the vandalism costs, and lastly the profits that would have been earned you would have invested those profits on other investments that may be paying you 4%, 5%, 10% or ???%!

Watch Out Especially if you are purchasing a Residential Income Property (i.e. Apartment Building) - You must account for the vacancy factor!!! Even if all the units are rented out "today" that does not factor for the reality of "tomorrow".

Watch out also with Commercial Property and the Vacancy Rates. The property may be a "dud" even though it is located in a "hot" area, so be sure to look in to that as well. And, that reminds me, go look at the property and the neighborhood before you commit yourself to buying it! I'm sure you, like me, have driven by that one "prime building location" for the last 5 years, and it is STILL "empty" - ask yourself, if that location is just so "good" then why is that unit always "empty"??? Probably because it isn't as great as we think!

Q: The real estate person told me I had to put my offer in today, or else I'll lose my chance to buy it!

A: Great, then you in most all cases just "lost" the chance of being RIPPED OFF!!! If you have not yet had a chance to go tour the property and look around the neighborhood then DON'T BUY the property! The harder a salesperson pushes you, the more reason you need to walk away from that deal AND also that salesperson! As my dad always told me growing up: "Haste Makes Waste".

IN CONCLUSION....
There will be many more questions to cover in the future, especially after the RV and The IQD Team has said they will host calls after the RV to provide Professional Help and Advice to you, so in the inter-rum, hopefully these few tips and tricks and answers will get your creative juices flowing and help guide you on starting to think about what you will want to buy (or not buy) in terms of real estate.

Thanks to "Anonymous" Again for sharing with us and our listeners

LIFE INSURANCE - BE INFORMED

2/9/2012

More from one of my favorite anonymous listeners....Great Info - BE INFORMED

LIFE INSURANCE - BE INFORMED

Which product pays the higher commission? If your agent has a choice, which product do you think they will SELL to you?

"Agents make five to ten times as much selling cash value life insurance policies as they do selling term insurance policies of the same face amounts, yet no disclosure of this fact is made to consumers.

Policies are not sold on the basis of consumer need, but on the basis of industry greed."
--Ralph Nader

The following links below provide 3rd party articles on Whole Life vs. Term Life Insurance.
Be educated... Be informed... Who has YOUR best interest in mind?!

The Motley Fool
http://www.fool.com/personal-finance/insurance/2006/05/08/whole-life-vs-term-life.aspx

Smart Money
http://www.smartmoney.com/plan/insurance/term-or-whole-life-8011/

Dave Ramsey
http://www.youtube.com/watch?v=3b-q8MLfH2w

Suze Orman
http://www.youtube.com/watch?v=WzgtWfQngII

Thank You Anonymous

Advice Opinion from Anonymous: Protect your Principle Consider this after the RV

2/9/2012

Thanks to one of my favorite guy "Anonymous" who just keeps sending good ideas and things to remember....Thanks you are an angel (one of my favorite things)

THE NEW "BIG" RESPONSIBILITY
- by Anonymous

Hello again! This article of contemplation of gifting comes to you now as we near the RV of the IQD Currency.

Lately I have been thinking a lot about gifting some of this new good fortune and blessing away. Perhaps that has been on your mind more also?

It occurs to me that on the surface this gifting idea and the idea of "random acts of kindness" can have a much larger and deeper impact than you and I have perhaps thought about before. Honestly, I've never had too much disposable income to freely give away that would seriously impact other people's lives! So, I'm a novice at this, maybe you are too?

SO WHAT'S THERE TO WORRY ABOUT?

I'm thinking of people I can easily gift one, two or maybe even more 25K IQD Notes to. As we know, after the RV these one or two 25K IQD notes will be a very substantial amount of money to this person! I want to give this money to them, but should I do it anonymously or should I let them know it was me?

AN ACT OF DESTRUCTION?

Sometimes I really wonder if the action of giving a person some of this money is a destructive act instead of a blessing? I'm worried that I may be changing this person's "destiny" or "God's will" or call it what you will according to your belief system.

There are stories of people faced with winning the lottery, and lost it in various ways, and then committed suicide! Just because they could not handle the stress of the money! This unfortunately will happen to many of us Dinarians, especially the ones out there that are not fortunate enough to have found a great resource like what is offered here at the IQD Team.

THE SPOUSE MAY HAVE OTHER IDEAS...

There are people of the opposite gender that I want to give money to, some of these people my spouse would approve of, however there are others that my spouse would probably be pretty mad at me for giving them any money, let alone tens of thousands of dollars! Do you risk your marriage and the love of your spouse just to commit a random act of kindness? These questions and scenarios need to be carefully thought out now, in advance, while you and I still have time to think!

DANGER - ITS A LOT OF MONEY

Have you noticed how much people on TV Reality Shows are affected by a "small" amount of money? Ever notice how excited a winner on a TV Game Show gets when they win $5 or $10 thousand dollars or even some bigger prizes of just $50 or $100 thousand dollars? They are jumpin' up and down and screaming and hollering with excitement! This is what people will do when we gift them money! It will make us feel good inside, but it may also put us and our family in to DANGER!

But, that person just got a wad of cash from us, they would never HURT us!!! Maybe not directly, but they will feel compelled to talk about you and your act of kindness to other people, other people who have not received any money..... See the potential problem?! Those other people will want money too! NOW DO YOU SEE THE PROBLEM?

Furthermore, you must think about the impact that giving a large sum of money to a person will do to them! If they don't handle the money correctly, they could end up having serious problems, like if they fail to pay their Taxes on the money! Even though it was their fault not paying the Government Taxes, they will blame you - most people never want to take responsibility for their own actions. Taxes is just one serious consideration, there are may others to think about too before you just go out and hand someone a large sum of cash!

KILLING THE GOLDEN GOOSE

We must remember the children's story growing up about the Golden Goose and how it laid a golden egg every day. But, later this was not good enough for the Farmer and he grew more impatient with the goose, and he started thinking crazy thoughts about getting inside of that goose to get all of the eggs at once, instead of waiting for a new egg each day! You remember this story don't you, he killed his golden goose, found no gold eggs inside and was left with nothing!

Your RV cash out IS YOUR GOLDEN GOOSE - don't "kill" her by trying to get all the eggs at once! With a large cash amount, that can be invested properly in interest bearing accounts which are higher than the average rate of inflation (aprox 4% annually is the rate of Inflation in the US).

DISCLAIMER: Before I continue, I'm NOT giving you "investment advice" I am pointing out ideas for you to take with you to a Financial Investment Professional.

Back to our golden goose - your cash is your golden goose! Using just simple numbers I am going to show you that with an extra $1,000,000.00 USD (after paying taxes etc) is used for "giving away" after the RV! This is the money you are setting aside to give away to charity, people, etc.

Instead of splitting this up 10 or 20 ways and giving to only 10 or 20 people, single one-time gifts, think about this: Setting up your own Charity, fund it with the $1M in cash, have that cash invested in safe Mutual Funds that have a long track record of successfully averaging high returns (i.e. 10%+).

This new Charity fund of yours (keeping it simple) can now earn an annual $100K / year interest on the $1M invested. There will be taxes to pay, and a portion should be kept to add to the principle. But, lets say for a simple example this leaves you with $50K / year to give away as scholarships and to worthy people and your favorite charitable causes! You could do to this for the rest of your life, not just one time to just 10 or 20 people! It is something to think about, right?!

IN CONCLUSION....

I may expand on this topic later, or you can even urge the IQD Team Mods to host a Call Pre/Post that will cover this topic along with other related topics. However, for now, I only wanted to spark the fire, and let it grow within you. Think about it, think about the long-term affects, not just the short-term gratitude of the situation.

I will be contemplating this also, trying to figure out if over-riding my huge ego to be recognized as a "great" person is more important to the safety and security of myself and my family! It just may be better to commit these acts of kindness as "random acts of kindness" and never let that person know who it came from!

Advice Opinion from Anonymous: Protect your Principle Consider this after the RV

2/2/2012

Sent in by one of our listeners....Thank You to you know who....

ADVICE: "PROTECT YOUR PRINCIPLE" CONSIDER THIS AFTER THE RV - by Anonymous

To save time and keep this simple I'm going to get straight to the point...

After the RV happens all of us will be afflicted with SWS (Sudden Wealth Syndrome) a common ailment that is a real problem for people who come in to wealth suddenly. There have been plenty of articles written about it, so Google for it to learn more if you want - I won't focus on SWS in my article here.

With a deep respect for SWS, after the RV you and I will be highly tempted to run out and buy lots of "stuff" - please don't do it!!! As the IQD Team Mods are always suggesting, take a few weeks to absorb the fact that you are now wealthy!

So, now you've taken a little time after the RV, and you are now looking around and thinking of what to do with your money - may I suggest you think about this, Invest your money, and try to ONLY SPEND THE INTEREST.

Here is an example: Lets say after the RV you'll have $500,000.00 USD as "free" cash to spend. You are thinking about investing in Real Estate, maybe buying a home to live in or as a rental for rent income.

At first you think, I'll just pay cash for that house, and own it out right! That may not be the best option, lets just for fun say that the house/rental you want to buy is $350,000.00 USD - did you realize that you can use the interest from your $500,000.00 that is invested to purchase this home?

Let me break it down with simple CONSERVATIVE numbers:

   Purchase Price = $350,000.00
   Down Payment = $ 50,000.00
   Loan = $300,000.00

Lets look at your loan: NOTE: you can find free loan / mortgage calculators all over the internet as well as iPhone / Android Phone Apps.

Loan = $300,000.00
Loan's Term = 30 years
Interest Rate = 6.0% - fixed 30 years  (today's rate I got was 3.60%, but I'm going very conservative with 6% almost being double today's rate)
Mo. Payment = $2,298.65 NOTE: A payment of $2,600.00/month will reduce the term from 30 years to 20 years - paying just $300 extra a month will save you a lot of money on Interest.
Annual Payment = $27,583.80

NOW, Lets look at investing your $500,000.00 in "free" cash - DISCLAIMER: This is NOT investment advice, consult a professional, every individual has their own situation based on Age, risk tolerance, etc. Again, seek out a professional - not me! :0) There!

Cash = $500,000.00
Interest Rate = 10.0% (Investco has a portfolio which averages over 11% for over 40 years - This company is listed as one of the top 10 Investment companies in the world, there are other great companies to look at to that pay less and pay more, but for this example I'm bench-marking at 10%).
Annual Distribution = $50,000.00 (Gross before  - their will be income and capital gains taxes that will be due as well)
Quarterly Distribution = $12,500.00 (Mutual funds normally distribute Quarterly)

Okay, I'm sure by now you are starting to see where I'm going and putting 2 & 2 together!!!

So, lets look at it... You have annual mortgage payments of $27,583.80, and you have annual Interest gains of $50,000.00 - even after taxes you will more than cover your mortgage on the real estate property.

The leftover monies that you don't need to use to pay the mortgage you can leave in your mutual fund to increase the principle. So, lets assume you can leave $10,000.00 of the $50,000.00 gain on the Principle - that will add $200,000.00 to your principle making it $700,000.00 in priciple within just 20 years! But hold on, it gets even better, because of the compounding effect of principle your $200,000 will be actually approximately $630,000.00 + your original $500,000.00 - or $1,130,000.00!!! AND YOU OWN BOTH THE CASH AND THE HOUSE!!!

For the real estate investment, I would also suggest you think about paying a little extra to accelerate that mortgage so you pay it off in 15 or 20 years instead of 30 years - only about an extra $300/month on the payment will drop that term down to 20 years, probably saving you well over $100K in interest.

Oh, and remember, that mortgage interest is tax deductible if it is your primary residence! If it is an income property (commercial) then your CPA can Depreciate the property and that will reduce your tax. Be sure to consult with your TAX, LEGAL and Investment Professional before you make any final decisions!

Buy now - at the end of say 20 years, you will have a paid off home or rental (which is also paying you rental income) and you also have your original $500,000.00 - that friends is how the Wealthy People get richer!!! I know this last line was a bit "repetitive" however, I believe this point is extremely important - you can have BOTH!!!

Regarding Insurance a tip for you to please consider....

For your real estate investment's mortgage you will be required to purchase mortgage insurance and fire insurance to protect the lender, this sucks, but is normal. You may also want to get Home Owners Insurance (there is a version for investment properties also). In most states you also need car insurance to drive, these types of insurance are necessary-evils and cannot be avoided - just try to get the best rates you can!

HOWEVER -- Think long and hard BEFORE you purchase ANY Life Insurance Product (i.e. Whole Life Insurance, Annuity, etc.) - Insurance is generally not a good product for "investment" although they try to dress it up - but you can't "polish a turd" (IMHO). Think about this, if you have $500,000.00 (or more) in Cash and Investments - more than enough to cover any/all expenses for your spouse & family if you should die, then why waste (IMHO) your good money on buying Life Insurance or Annuity products???

Please promise yourself that you will think long and hard about it first, those policies are almost impossible to read and understand, and ANYTHING the Agent "tells" you, INCLUDING if s/he writes it on paper - it null and void and NOT enforceable!!! The only entity that can modify those insurance policies is/are the Corporation/Underwriter - and they will never do it for you! If you are confused - then DON'T sign it, don't do it! :-)

In Conclusion.... The real estate example above does not have to be just for real estate, it can relate to cars, vacations, parties, and other luxury toys! Remember, let your money work for you - keep the principle protected! Keep a portion of the interest on the principle and then spend the rest of the interest - this will let you have both your toys and keep your security of your investment! :-)

One last and very important thing, please be careful of the people you take advice from!!! Don't be afraid to interview many people - think of it like dating (especially from a Lady's perspective....) and please don't be too tight with your money, go ahead and pay for true professionals, not your 2nd cousin's brother-in-law who just joined with an investment company! One tip I can suggest is look for Series 65 Licensed Investment Advisers - they make their money from the fee you pay to them. Then you can take that advise and purchase from whomever you wish. Keep in mind that Series 6, 7 and 63 Licensed Professionals make their fee from the investment they SELL to you! This isn't "bad" I'm just making you aware of the differences.

Thank you for sharing

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