* Crash Post: Dinar Daddy’s Tidbits (Investment Advisor Interviews)
I am sending this because I don’t have the resources that you have obviously utilized in your research but wish to add as a supplement to your site. Please feel free to use any of this on your forum.
My background is in financial services and sole proprietorships. I do not contend that I am an expert in either, however, as someone who has done both as a profession I feel that I can speak on both. I have over 5 years experience in financial services and 12 in the later. Please believe that I am not an expert. Most companies that I have worked for will hire anyone that can pass a test and then those companies will pass those test takers off as “experts”. I am great at taking tests, and not necessarily an expert at investment advice. I have worked for Morgan Stanley, Edward Jones, and Dean Witter. I do think that I have more information than the average investor, however, just because I am good at taking tests does not make me an “expert”. An interview of investment/tax advisors is essential for the average IQD investor, me included.
Questions to ask are; 1) what qualifies you as an expert to give advice on this investment? 2) How long have you been an investment advisor? 3) Where are you getting your information from? 4) What do you know about the IQD? (If this advisor says, “I don’t know the answer to your questions, but I will find the answer from someone who knows, listen to what they have to say and then research their findings the best you can).
DD I believe your mission to educate people on this investment is fantastic and I wish to help you in your endeavor.
Not every “investment/tax advisor” is worthy of the title. Multiple interviews of these professions are the only way to actually determine what is best for each investor. Age, need for current income, investment goal, etc. are just a few of the things everyone should take into consideration.
Because I am someone who has a background in such fields I felt like I could lead my family to do the things they needed to do to insure that they become “self sufficient”, I now believe that they should find different sources. I now recommend that they find an expert in each field (investments, taxes, current income, etc) to help them in their future endeavors.
If the ultimate happens (i.e. .86, 1.17, 2.65, 3.22, etc.) we will all need help in how to maintain that wealth for our families!
I appreciate all you have done for the education of each of us! Again, please use this information however it helps the masses! If I have made grammatical errors, please correct them.
P.S. My information comes from my experience in financial services and my family members who served in Iraq. My dinars come from those family members who have been “in” country, both military and civilian. My wish is for the best, for all of us who share in this endeavor.
Crash
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17 Responses to “* Crash Post: Dinar Daddy’s Tidbits (Investment Advisor Interviews)”
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Thanks for posting this info.
In trying to prepare for this event I have talked to my accountant and one Tax Attorney but neither believed that this was going to happen. I need to find a Tax Attorney that is aware of this investment and I can talk to about how I should set up my estate, (ie. Foundation, corp, Trust, etc. ) and I feel that I need to hit the ground running once this happens. As yet I don’t know who to talk to and if anyone knows a Investment person/ Tax Attorney in south east Pennsylvania I would greatly appreciate their contact info.
Good points! Thank you for the advice.
My top 10 most important reasons for consulting a financial advisor are:
1) Protect it
2) Protect it
3)Protect it
4)Protect it
5)Protect it
6)Protect it
7)Protect it
8)Protect it
9)Protect it
10)Protect it
The 11th would be on ways to make $ on that investment but, in my case that is the least important concern. I will invest in businesses, gold, silver, real estate and maybe even some other currencies.
I know the two tend to go hand in hand but, I want my advisor to stress the protecting of it more than how to make $ from the investment.
Just my 2cents.
Thanks again Crash and DD!
I could have written the above myself…..all of the above I’ve experienced…he’s absolutely correct…great post.
AJOB: I think I can send you in the right direction in PA. Email: iraqprayer@gmail.com
ROGER THAT !!
DD: this is off of the above subject, but didn’t know where else to find you to post – kind of new at this thing….have you heard anything about Biden being in Bagdad this week or why? It’s been posted on CNN quite often yesterday. Thx.
DD,SHOULD WE BUY IRAQ GOLD OR U.S GOLD? THANK BUD!
I don’t know anything about the gold market. It is my intent to connect with a Gold Expert / Dealer who can teach us about that market. I do know that purchase gold as a “collectors” or “religious” coin will protect you more than purchasing gold bullion. The latter would be subject to seizure by the US Govt in a time of crisis. We will need to learn more about this post RV.
Gold British Sovereign dated late 1800s to early 1900s .2354 of an ounce you can find at nearly bullion price, in a crises you would be hard pressed to spend bullion.
https://store.nwtmint.com/product_details/1344/Gold_British_Sovereign/
and junk silver US coins.
http://www.tulving.com/bullion/90_percent_silver_coin_bag.htm
THANKS BRO,THIS RV/RI IS HOLDING EVERYBODY UP.GO DINAR!!
What r u poeple talking about? this talk makes me sick , wait first until actually this thing happens first , finding a financial planner or tax attorney is the easiest thing to do when u r a multi millionaire, stop stop
You have to understand, as soon as you convert the money the game is over with the IRS. You need your trust seup and the bank to directly deposit to your trust or escrow account because as soon as you cash in it is to late at that point. You can’t go back and do it over smarter at that point.
Infidel…you sound as if you know something about post-cash-in. My question of you is this:
Are we given to understand that once we deposit an amount of IQD in our bank account, that regardless of the amount; the IRS has FULL SWAY with whatever amount of new dollars that has created for their own self-enrichment? If I understand your drift, you are saying we should have all of the paperwork in place with affidavits and forms PRE-DATING THE ACTUAL DEPOSIT DATE? Right? Right? I’m just sayin…….
Ok, I am new. I am wondering if Infidel and Scodieboy can elaborate on comments 12 and 13. Where is the best and safest place to put your money, and don’t we have to pay taxes on whatever we get first anyway? Can they take more? I DON’T KNOW!?
Infidel, that is MY understanding as well. It is my plan to firstly cash in a small portion with my local Chase Bank post RV to cover all my initial costs for my CRT set-up, my debts paid off and so on. I will then get the Trusts/Family Foundation set up based on my Tax Attorney’s advice. I will then take rest or larger portion of my investment and cash-in with the understanding that cash is IN my “trust” and the proceeds will be deposited into the account/s I set up under the name of the trust/foundation. Make sense? I too believe I will be exposed if I don’t follow this exact process. DD
Karie,ask the rock,he know it all.
DinarDaddy, where do you find the company to set up this ‘trust’ ? Since I’m self employed I’ve spoken with a couple companies regarding how to handle an investment pay out, and all they want to talk to me about is setting up an S-Corp. for my current company, which I’m not interested in at this point in time. I too, want to set up the trust, but I don’t know where to find this firm/company? I opened up the yellow pages one day, and closed it back after reading about 30 ads with no good leads. Also, can these be set up fairly fast? Frank26 recommends getting in and out quickly…not sure of the time span he is referencing. Days…weeks? I think about all this and feel like I’m having an anxiety attack!!