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1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

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RV Intel/Thoughts/News - All Posts for December 5, 2016

Below is a list of all of the content posted for Monday, December 5, 2016. This will be useful for those of you who may have missed somethin...

Friday, October 28, 2016

"Things I did wrong with my Financial Advisor" - TNT TwocuteCats

TNT

TwocuteCats:
Things I did wrong when choosing my financial advisor

1. I didn't do a background check.

Find out both the qualifications and disclosures (complaints) about your advisor at http://brokercheck.finra.org/

2. I let him talk down to me, get angry with me and be impatient.

You're paying them to work on your behalf. Would you let any other employee - or anyone - speak to you so disrespectfully? Just because they have more experience than you doesn't give them permission to be a jerk.

3. I didn't fully understand the investment I was in.

If you don't understand where your money is going, and why, then don't invest until you do.

4. I didn't understand the best way to invest for my age.

You can take more financial risks if you're younger. If you're advanced in age you probably don't want a high risk investment that can wipe out 50% or more of your nest egg if things go bad.

What is your goal and how does each investment category meet that goal?

5. We didn't talk.

Even though there was a formal annual review I needed someone to carefully explain what was going on. You may not need such detail but I did and didn't get it.

6. We didn't always have the same world view.

In the beginning he confirmed the Dinar was a valid investment (but not offered by his firm).
We discussed it and its impact on the markets when it would revalue. Today he claims foreign currency is the best way to lose all your money and he apologized if he ever led me to believe otherwise.

Finally I "woke up" to the fact I was working with the wrong guy and asked to be switched to a different financial advisor. He graciously said that would be fine and there were no hurt feelings. I am to expect a call in the next few days. Thankful for the pre-RV lesson, all my future advisors will be more closely vetted.

This is my personal experience in the real world. I hope others find it helpful.

Please no bashing. I acknowledge I did a lot wrong and am still sensitive. Maybe in a week or two ... ;)

VegasGal:
This is great information! I could write a dissertation on what I did wrong the first time I was wealthy. Thank you for your honesty! In the words of our great leader, "You don't know what you don't know!" Hey, but now you know, and so do we, because of you!

Clara:
Lessons and knowledge come in many different forms, among them are mistakes. I appreciate you sharing your experience and other's comments. When we are flush with emotions after finally going to the bank, that is not the time to ponder this advice. That's why many call it the TNT University - so much to learn before our emotions get in the way.

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Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More