.It Is Not If, It’s When A Currency Revalues

It Is Not If, It’s When A Currency Revalues

From Recaps Archives

 It may not be making the headlines, but countries all over the world have been revaluing their currency for several decades or are about to, including China.

 [1] It is necessary whenever a country’s economic profile changes drastically. Changes such as an increase in exports/imports, manufacturing, construction, natural resources discovered, and technological achievements are just a few reasons this has become necessary.

 Most revaluations are a good investment

 Typically during the revaluation period a country’s currency is worth very little to nothing. It is in fact, the main reason a currency is revalued. So buying currency in countries such as Vietnam, Mexico, Myanmar, and Iraq during a revaluation is a 99% sure bet to make money off your investment.

 This is due to the natural increase or ‘worth’ to a country’s currency after it is revalued. However, I am surprised how many people are ignorant about investing in currency and/or respond with “It’s probably a scam.”

  It’s a no-brainer investment, but why isn’t everyone doing it?

 About a year ago, I was speaking to a woman in Phoenix who knew I had Iraqi Dinar. She asked me about it.

 I explained what it was, and why it was an inexpensive low-risk investment for making money.

Her teenage son was listening and said, “If that was true, why wouldn’t everyone be buying it?”

 I promptly replied, “The main reason is fear of taking a risk. But, there are a lot of sure bets that people don’t invest in.”

 Then, I proceeded to tell him how back in the late 1980s many people who used Microsoft Office software knew how Microsoft stock was going to sky-rocket. But, in the office I worked at the time, only one person of the group of us invested.

 In a few short years, she became a multi-millionaire from a few thousand dollar investment. What prevented the rest of it from investing? Here are just a few reasons, which may sound familiar to you:

I can’t afford it

It is too much of a risk

I will buy some when I have extra cash

My wife would be pissed

My last stock buying experience was a bust

I have two kids in college

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http://eyefortruth.com/2013/12/it-is-not-if-its-when-a-currency-revalues/