Iraqi Dinar: Your magic ticket to early retirement?

Over the past years there has been a lot of discussion around this topic. Is it worthwhile to invest in the Iraqi dinar in the hope of a high return, or it’s a pure waste of money?

Some compare it with the Kuwaiti dinar, who over a short timeframe of only a couple months appreciated considerably against the US dollar. Those who had the foresight to buy this dinar when it was low found themselves sitting on a large pot of gold a couple months later.

But can this happen to the Iraqi dinar too? Do the currency, economy and political environments of those two nations have enough similarity for this projected comparison to hold ground?

Further more, if you decide the investment may be worthwhile, how much should you invest in the Iraqi dinars? Should you use all your hard earned economies in the hope for a quick retirement? Should you be more conservative?

And if you do decide to invest in the Iraqi dinars, and do know how much to risk in this investment, where would you start? Can you buy Iraqi dinars at your local bank? Can you trust one of the many Internet sites claiming to sell them? Do you have to actually physically go to a potentially dangerous travel and buy them yourself from Iraq?

As you see, there are many questions you are faced before making a decision, an informed decision that is. And it is only through careful information one should venture into high risk ventures such as the one of investing in the Iraqi dinars exchange.

A couple months ago I’ve been exactly where you are standing right now. When I first heard about this dinar thing I didn’t know where to start, what to do and, what is more important, who to trust.

It is obvious that you can’t immediately trust those who are selling them. After all, if your business would be about selling Iraqi dinars, it’s only natural you would want others to believe it to be the greatest thing since sliced bread, wouldn’t you? Some of them are honest people who try to earn a decent living. But by having a commercial interest in the middle, you must be careful when picking one of these websites as your information source.

And besides this type of websites that sell the Iraqi dinars, there’s little information on the Iraqi economy, political environment and dinar itself. The little information available is highly scattered and often contradictory. I know it. After all, I’ve spent the past 8 months reading as much as I could find on the topic.

Did I reach a conclusion, I hear you asking? Yes, I had.

Does it answer all the above questions, and more? Yes! You will find answers to your questions concerning Iraqi dinar investments on this site. Would you like the answers? That depends. If you like making informed decisions, then yes, my best shot is you’d like them.

How can I be trusted, you ask? Well, for once I do not have a commercial interest. I am not selling Iraqi dinars, nor here and not anywhere else. I am not making any profit whether or not you decide to buy. I am not making any profit if you decide not to buy. In fact, I don’t make any profit out of this website.

Nobody has paid me to build or maintain it. The views expressed here are entirely my own, and I’ve reached them only after much reading, thinking and calculation. Of course, I am only human, and I could’ve made mistakes, so take everything with a grain of salt. When in doubt, use your best judgment, as I do, or better yet ask me. However this site represents entirely my independent views on the Iraqi dinar topic, after more than 8 months of digging and drilling around it.

8 months you say? You’d never want to waste all that time! In fact, you don’t have to. Everything is right here, on this site. All the what’s, the where’s and the how’s are here, on the Iraqi dinar exchange pages. Just start reading and... enjoy.

If you happen to become rich out of this Iraqi dinar business and think that this site has helped in any way, I’d appreciate you sending me a postcard from that Caribbean island of yours ;-)

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