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6pm June 6th, 2015

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Table of Contents

Financial Planners


You may be considering help from a financial planner for a number of reasons, whether it's deciding to buy a new home, planning for retirement or your children's education, or simply not having the time or expertise to get your finances in order. 

Whatever your needs, working with a financial planner can be a helpful step in securing your financial future.

The questions in this brochure will help you interview and evaluate several financial planners to find the one that's right for you. 

You will want to select a competent, qualified professional with whom you feel comfortable, one whose business style suits your financial planning needs. An interview checklist has been included for your convenience.
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Philanthropy 101


Giving money away can be just as complicated as making it.

Private bankers help spread the wealth.

Private bankers help clients to guard their wealth; they also hold their hands when it's time to give some of it away.

"Many times clients are interested in donating, but they don't really have the people to sit down and have a dialogue with," says Nicholas Stonestreet, head of Trust & Wealth Structuring at Merrill Lynch International Private Client Group. "It's a really important part of private banking."

Stonestreet encourages his staff to ask clients about their philanthropic intentions. Like therapists exploring personal problems, charity experts at private banks can help donors think through their altruistic inclinations and motives.
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TIPS YOU MUST KNOW BEFORE BUYING INVESTMENT REAL ESTATE


THANKS from Deb at The IQD Team...     by Anonymous

Hello again friends, recently I was asked by a fellow Dinarian who knew that I have been in the Real Estate Industry for over 20 years some questions about buying investment properties after the RV.  

I figured I would relay some of his questions over to you as well, I hope this helps, but remember your situation is different and please be sure to always consult several other local to your State and area professionals for their assistance.
~~~
Morning News Comments 06/06/2015


IMF lends Iraq $ 833 million

[tlm724] " Fund is ready to support Iraq in its efforts to cope with the economic impact left by the conflict with Daash, and the decline in world oil price

[tlm724] here is the link to the official press release from the IMF yesterday with comments also:

http://www.bondladyscorner.com/t129841-imf-mission-reaches-staff-level-agreement-on-financial-assistance-to-iraq-post-for-bl

[tlm724] "The mission has reached a staff-level agreement with the Iraqi authorities for IMF emergency assistance of SDR 594.2 million (approximately US$833 million) under the RFI.
~~~
  
aggiedad77 ? June 6th, 2015,

Saturday News Summaries and Commentaries

US arms delivery to Iraq worth $ 1.6 billion

Well $1.6 billion dollars in weapons agreed upon last year in the US is now finally leaving the US....obama said to be the cause of the slow shipment.....be careful of who your friends are.....some folks are just full of excuses....but at least the equipment is finally starting to flow.

Iraq issued a smart card to the staff of the Directorate of Education Maysan


Maysan Province Directorate of Education will be receiving smart cards for their staff as a form of salary payments....hey the important thing is they are to be paid it seems....a cashless society we become.....but safer since they won't need wheelbarrows to carry around for bread purchases now.
....


  

 

Dinar Updates:

wmawhite   Article quote:  "The central bank issued a circular to all banks dealing with foreign remittances only in Iraqi dinars to keep hard currency and to support the Iraqi dinar exchange rate.

These are foreign remittances...these are bills from foreign customers...IMO. Presently those bills are paid with USD.

The way this article reads these are not local citizens, but foreign customers.

This is significant IMO because the banks are being told to pay their foreign bills with IQD...not with the USD.
 

Could be very good news.
....


 

KTFA:

Bernice :So does this loan from IMF mean to drag this out longer than originally planned?....also with the possibility of another financial problem in October by the dollar....so will finally get going soon???????....sorry just tired of the dragging out

Toyvp:  Bernice IMO the IMF loan is just barely enough for them (GOI) to get by for a few more weeks Dr.S is just waiting for his security to get wrapped up, as for the financial problem in October that is purely speculation that I would not put any stock into.

Hope this helps   Toyvp  

....


The below posts were in our 11am newsletter
Jester's Place:  

[Jester] HI AND HAPPY WEEKEND MODS, PEEPS, LURKERS, AND CRITTERS!

[jstbringit] Anyone watch the trailer for the Mission Impossible movie??? The plot is about taking down the IMF......

[Betsy Ross] jstbringit hmmm

[Betsy Ross] jstbringit When does it come out?

[jstbringit] Seems kinda strange

[jstbringit] thats in public eye with the reality of AIIB and such....... just my .02
....


What Traits Do You Need To Be A Great Investor?

Wharton professor Jeremy Siegel's 2005 book The Future for Investors has an amazing statistic that stresses an important one: The ability to sit on your hands and do literally nothing.

The S&P 500 contains (surprise) 500 companies. But it's constantly changing. Companies get booted from the index, acquired by competitors, and go out of business. Standard & Poor's needs to replace old stocks with new ones.

Since its beginning in 1957, almost 1,000 companies have been removed from the index, and another 1,000 new companies added.
~~~


 

Millionday News 6/5/15

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: WE HAVE SOME VERY INTERESTING NEWS TO LOOK AT TONGHT

Millionday: HERE WE GO AND I CANT WAIT TO SHOW YOU HOW WONDERFUL FOR THE IRAQIS

Millionday: Said Minister of Labor and Social Affairs Mohammad Shia'a Sudan, on Friday, that the growing integration opportunities in the application of strategies supporting the government program has contributed actively to lay the foundations of social work where the application of social standards of service for more than 5919 beneficiaries in the provinces safe.

Millionday: NOTE -- THIS IS PART OF THE GOVERNMENT PROGRAMS THAT WE SAW VOTED INTO LAW -- THIS IS THE BENEFIT PROJECTS IRAQ HAS FOR THEIR CITIZENS -- BEING ACTIVATED

Millionday: AND NO GUESS WHERE THEY COME FROM -- THEY ARE BUDGETED
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Difference between private banking and wealth management

Deciding where to bank and how to invest is one of the most important considerations for would be investors; banking has evolved over the years from a reserve of the elite in society to a common tool used by everyone in the society.

Many people are earning lots of money in the world and becoming wealthy. Many of them however, do not know the benefits of banking especially private banking to increasing their wealth.

  Private banking:  is a type of personalized banking service offered by many high street banks and private banks. Private banking  enables the individual to communicate with the accounts manager on a personal level.
....


Millionday Roundtable 6/5/15

Welcome to dinarupdates.com for Roundtable with Millionday!!

Millionday: He denied the appearance of Mohammed Saleh Economic Adviser to the Prime Minister Haider al-Abadi, Thursday, news of the issuance of mainstream banks to deal with the citizen dinar currency only, while noting that the central bank issued a circular on foreign remittances that are dealt in Iraqi dinars.

Millionday: NOTE --- HUGE NEWS -- INSTRUCTIONS HAVE BEEN GIVEN TO CITIZENS ON THE REMITTANCE SYSTEM AND ITS CHANGES IMPACTED ON THE IRAQI CURRENCY -- THE DINAR
~~~


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