Article by Doug West

We have heard from many dinar investors who are at a loss of what to do with the money from such a large potential return. Many have never invested in anything before the dinar. Even if you have considered other investments than Iraq dinar, you should take time NOW to do a little more research to help you come up with a game plan to preserve and grow your wealth was the Iraqi dinar has been revalued.

Not everything we mention here will be right for you, and you will want to consult with your own financial professionals. However, we also feel that you need to educate yourself on possibilities, just as you no doubt have done with the Iraqi dinar.

Just look at the many celebrities and sports heroes who have left investing their money to financial advisors only to end up broke after earning Millions during their careers! Don’t let a Bernie Madoff situation happen to you. Make your own educated financial decisions and you will be a LOT better off than most folks.

Here are a few areas we are recommending to our clients and associates:

I) Master Limited Partnerships (MLPs)

Do your research and these vehicles can pay you a nice income for many years, largely tax-free!

II) Guaranteed Retirement Contracts

What! We are referring to Indexed Annuities. If the failed celebrities, lottery winners, and sports heroes mentioned above would have put at least some money on these, they would have a guaranteed check for the rest of their lives.

III) Foreign Currency

For most it is easier to do this with ETFs and Everbank that to learn how to trade the FOREX market. One thing is for sure, you don’t want all of your savings tied to the shrinking US dollar. Even if the USD does rebound, you could do well in other currencies – without leaving the US to do it!

IV) CDARS

Put simply, you can have FDIC insurance on multi-million-dollar deposits, and do it all through one bank. They spread it around for you to multiple banks, and you get just one statement from them with all the info on it. Sure beats running around looking for banks! (Check the program out at cdars.com)

V) Tax-Free Lifetime Profits

Our favorite strategy for this is using the ROTH IRA or 401k. If you are fortunate enough to have some dinar or other investments inside of a ROTH, you are way ahead of the game.

You may also see other strategies out there for foreign corporations, charitable trusts, LLCs and more, but for our money, you can’t beat the simplicity of the ROTH!

There you have it. Just enough to get you started. Now get out there and do your research!