Wednesday, April 24, 2013

SPECIALAGENTGIBBS OOM CHAT 04-23-13 MORNING


SPECIALAGENTGIBBS OOM CHAT 04-23-13 MORNING  posted by Cindieloohoo Today at 12:21 pm

[SpecialAgentGibbs] The vast majority of dinarians have little or no clue how to handle this kind of wealth

[.~SpecialAgentGibbs] Those that have not taken it seriously and done their homework, will be right back to zero within a short amount of time

[rtate] .~SpecialAgentGibbs I am one and it scares me
[.~SpecialAgentGibbs] rtate scares you...GOOD, it SHOULD!
[.~SpecialAgentGibbs] rtate that will make you WANT to learn HOW to handle it

[.~SpecialAgentGibbs] I've seen people here for years say how they're going to buy all these nice things....
[.~SpecialAgentGibbs] So little do they say how they will preserve their wealth

[.~SpecialAgentGibbs] As part of your "plan", learn the strategies to perpetuate what you have
....
[.~SpecialAgentGibbs] Hear me out brothers and sisters....
[.~SpecialAgentGibbs] Do not just simply sit on your bumpkus and say God will handle it for me....
[.~SpecialAgentGibbs] Do not expect God to do the work for you....

[.~SpecialAgentGibbs] God gave you a brain, and he also placed the knowledge required withing your grasp

[.~SpecialAgentGibbs] DO NOT JUST GO AROUND AND THROW YOUR WEALTH TO CHARITIES LIKE THERE'S NO END...
[.~SpecialAgentGibbs] THERE CERTAINLY IS AN END TO THE SUPPLY AND IF YOUR NOT ACTING ON A STRATEGIC PLAN, YOU WILL SOON DISCOVER THAT END

[.~SpecialAgentGibbs] DIVIDE YOUR WEALTH INTO FRACTIONAL OR PERCETAL GROUPINGS....
[1believe] .~SpecialAgentGibbs can you give some of us an example
[.~SpecialAgentGibbs] DIVIDE YOUR WEALTH INTO GROUPS...
[.~SpecialAgentGibbs] GROUP 1 PERSONAL SPENDING...
[.~SpecialAgentGibbs] USE THAT FOR ALL YOUR PERSONAL ITEMS, HOMES, CARS, EYC.
[.~SpecialAgentGibbs] GROUP 2 YOUR INVESTMENTS
[.~SpecialAgentGibbs] USE THIS TO INVEST AND PERPETUATE YOUR WEALTH
[.~SpecialAgentGibbs] GROUP 3 TRUSTS & DONATIONS
[.~SpecialAgentGibbs] HOW YOU DEFINE YOUR GROUPS AND HOW MANY GROUPS YOU HAVE DEPENDS ON YOUR GOALS BUT YOU GET THE GENERAL IDEA
[.~SpecialAgentGibbs] ONCE YOU HAVE YOUR WEALTH DIVIDED UP, YOU BEGIN TO SEE EXACTLY WHAT YOU HAVE FOR EACH GOAL

[asic] .~SpecialAgentGibbs do you suggest having a separate bank account for each group? thank you
[.~SpecialAgentGibbs] asic NOT REALLY, AS THAT MAY NOT FIT WELL
[.~SpecialAgentGibbs] asic EACH GROUP MAY HAVE SEVERAL ACCOUNTS TO ACCOMPLISH THE END GOALS

[.~SpecialAgentGibbs] blessedinohio IMHO, EXCHANGE THE DINAR QUICKLY
[.~SpecialAgentGibbs] blessedinohio GET IT INTO FAR MORE STABLE CURRENCIES & ASSETS

[.~SpecialAgentGibbs] RATHER THAN JUST GIVING A CERTAIN PERCENTAGE AS TITHE, SET IT UP INTO A TRUST OR MULTIPLE TRUSTS TO PROVIDE LONG LASTING TITHING TO WHOMEVER YOU DESIRE
[blessingsabundant] .~SpecialAgentGibbs Oh that is a wonderful thought. Because the same will happen with ministry and they will be out of money. THis way, it will keep flowing................
[.~SpecialAgentGibbs] IT HAS BEEN SHOWN THAT LONG TERM GIVING PROVIDES A MUCH BETTER END RESULT FOR THE RECIPIENTS

[.~SpecialAgentGibbs] IF YOU WISH TO GIVE SAY 1 MILLION TO A CHURCH, SET UP A TRUST THAT PROVIDES THEM SAY $100,000 PER YEAR

[.~SpecialAgentGibbs] RATHER THAN THE CHURCH SPENDING IT ALL IN ONE YEAR, THEY NOW HAVE FUNDING THAT CARRIES THEM FOR 10 YEARS

[.~SpecialAgentGibbs] DO THE RESEARCH, THERE ARE MANY TYPES OF TRUSTS, AND YOU CAN DICTATE THE TERMS & CONDITIONS OF THE TRUST TO SUIT YOUR GOALS
[.~SpecialAgentGibbs] LOOK INTO CHARITABLE REMAINDER TRUSTS

[.~SpecialAgentGibbs] WE TOUCHED ON THIS A BIT YESTERDAY, "MOTHERLOAD" ACCOUNTS
[.~SpecialAgentGibbs] I PERSONALLY LIKE THIS IDEA VERY MUCH....
[.~SpecialAgentGibbs] WHEN YOU INITIALLY EXCHANGE...
[.~SpecialAgentGibbs] SET UP YOUR BANK ACCOUNTS SO THAT THE MAJORITY OF YOUR MONEY IS IN AN ACCOUNT THAT HAS ZERO INTERNET CONNECTION AND ZERO DEBIT/CC CARDS ATTACHED TO IT...
[.~SpecialAgentGibbs] THIS TYPE OF ACCOUNT DICTYATES THAT YOU MUST GO TO THE BANK PERSONALLY TO MAKE ANY TYPE OF TRANSACTION WITH THE ACCOUNT
[.~SpecialAgentGibbs] SET UP ANOTHER ACCOUNT AS YOUR SPENDING ACCOUNT...

[kbrowning] SpecialagentGibs how about putting it in asafety deposit box
[.~SpecialAgentGibbs] kbrowning NO


[.~SpecialAgentGibbs] WHEN YOU NEED MORE FUNDS IN YOUR SPENDING ACCOUNT, YOU GO TO THE BANK AND DO A TRANFERS FROM THE MAIN ACCOUNT
[kbrowning] Do we need to use the same bank or different banks maybe 2 banks

[.~SpecialAgentGibbs] THIS NOT ONLY PROTECTS YOUR MAIN ACCOUNT HOLDINGS FROM BAD GUYS BUT ALSO GIVES YOU A BUFFER OF SORT, TIME FOR YOU TO THINK ABOUT WHAT YOUR SPENDING BEFORE YOU SPEND IT

[.~SpecialAgentGibbs] HAVING THESE 2 ACCOUNTS INITIALLY PROTECTS YOUR WEALTH WHILE YOU DECIDE HOW YOU WISH TO DIVIDE IT, SPEND IT, INVEST IT


[.~SpecialAgentGibbs] BE SURE TO ENACT SOME FORM OF INSURANCE ON THE MAIN ACCOUNT!!!
[.~SpecialAgentGibbs] PROTECT, PROTECT, PROTECT!!!

[luvnsoul] .~SpecialAgentGibbs Lets say your bank is WF and the two accounts are there. Can yWF iou go to any WF in person or does it have to be the original bank?
[.~SpecialAgentGibbs] luvnsoul ANY BRANCH

[.~SpecialAgentGibbs] THE OBJECT IS TO INSURE THAT NO ONE ELSE CAN ACCESS THAT MONEY, IN ANY WAY

[.~SpecialAgentGibbs] FOR ADDED PROTECTION, YOU MAY WANT TO PLACE A POD ON THAT ACCOUNT, IN THE EVENT SOMETHIG HAPPENS TO YOU.

[dragonfly11] SpecialAgentGibbs - These 2 accounts, should they be at the same bank, or use two different banks?
[.~SpecialAgentGibbs] dragonfly11 DOESN'T MATTER BUT, AT THE SAME BANK MAKES TRANSACTIONS SIMPLER

[sue47] .~SpecialAgentGibbs - Would there be interest paid on the MotherLoad Acct?
[.~SpecialAgentGibbs] sue47 DEPENDS ON ACCOUNT TYPE

[.~SpecialAgentGibbs] YOU WOULD ONLY NEED THIS ACCOUNT WHILE YOU'RE GETTING YOUR INVESTMENTS AND SUCH SET UP, SIMPLY A SAFE HOLDING PLACE FOR THE INTTERIM

[.~SpecialAgentGibbs] NOW, IMHO, JUST AS SOME OTHERS HAVE STATED...QUICKLY LOOK INTO PLACING YOUR ASSETS INTO SOLID FOREIGN CURRENCIES ASAP

[.~SpecialAgentGibbs] LOOK TO THE CURRENCIES THAT HAVE A SOLID HISTORY AND THAT HAVE RECENTLY BECOME RESERVE CURRENCIES

[.~SpecialAgentGibbs] kbrowning JMHO, WHY ABUSE THE SS SYSTEM IF YOU ARE A MULTI MILLIONAIRE?
[.~SpecialAgentGibbs] kbrowning AND I SAY THAT FROM EXPERIENCE


[.~SpecialAgentGibbs] IF YOU DECIDE TO PLACE HOLDINGS INTO FOREIGN CURRENCIES, PLACE THEM DIRECTLY INTO BANKS IN THOSE COUNTRIES, NOT HERE IN THE USA

[.~SpecialAgentGibbs] MANY FOREIGN BANBKS OFFER TERM DEPOSIT ACCOUNTS THAT EARN A VERY NICE RETURN

[2012iraq] .~SpecialAgentGibbs not that easy to get off social security dis ,you need 3 doctors to get

[kajnmom] .~SpecialAgentGibbs who do deal with if you want to do that>
[.~SpecialAgentGibbs] DISABILITY REQUIRES THAT YOU REORT ADDITIONAL INCOMES

[.~SpecialAgentGibbs] kajnmom PICK THE CURRENCIES YOU WISH TO PLACE IN, THEN LOOK TO THOSE COUNTRIES AND SEARCH BANKS THERE

[telemar59] .~SpecialAgentGibbs wouldn'y a Multiple Currency Account here in the US serve the same purpose as having in the specific country for those who may not be physically able to travel to other countries?
[.~SpecialAgentGibbs] telemar59 IF IT'S HERE, IT IS DICTATED BY THE LAWS OF THIS LAND

[.~SpecialAgentGibbs] JMHO, PUT YOUR MONEY ON ANOTHER SOIL

[.~SpecialAgentGibbs] SAY I WANTED TO PUT $10M INTO THE HONG KONG DOLLAR, YOU CAN BET THAT $10M WILL BE IN A BANK IN HONG KONG


[blessingsabundant] .~SpecialAgentGibbs Can your wealth manager help you do that, or how do you do that in that you cannot take but so much out of the country.
[.~SpecialAgentGibbs] blessingsabundant MOST OTHER COUNTRIES REQUIRE YOU TO GO THERE TO SET UP ACCOUNTS, ONCE SET UP YOU SIMPLY WIRE TRANSFER THE FUNDS

[9:34:56 AM] Taffysmom4: [sue47] .~SpecialAgentGibbs I've been listening to a radio program that talks about wealth management and they are promoting index based anuitoes. Would this be a reasonable avenue to place some $ in?
[.~SpecialAgentGibbs] sue47 I DO NOT OFFER INVESTMENT ADVICE

[.~SpecialAgentGibbs] IMHO, HARD ASSETS ONLY, UNTIL THE WORLD SETTLES DOWN

[telemar59] .~SpecialAgentGibbs do you think real estate prices will drop after the reset? How long should we wait to invest in that market?

[.~SpecialAgentGibbs] telemar59 NO CLUE

[blessingsabundant] telemar59 Rental income is always good
[.~SpecialAgentGibbs] blessingsabundant RENTAL PROPERTIES ARE GREAT FOR SOME, NOT THE LIFESTYLE FOR ME THOUGH
COMMERCIAL RENTAL PROPERTIES ARE ANOTHER OPTION


[midmo] .~SpecialAgentGibbs Good morning, I thought WF can set up foreign accounts thru their international business banking system. Therefore opening account in a bank here with routing number and then wire to a foreign bank, say Canada, to deposit there in Canadian$s. These would be differant banks with differant routing numbers. Your thoughts?
[midmo] .~SpecialAgentGibbs Looking for a way to do Austrailian $ without having to go there to open account.
[kbrowning] SpecialAgentGibbs have you herd from okie lately? just wondering how he is doing
[.~SpecialAgentGibbs] midmo JUST ME, IF I WISH TO INVEST IN FC'S, I WILL DEAL DIRECT AND NOT BE DICTATED BY THE LAWS OF THIS LAND
[.~SpecialAgentGibbs] midmo AGAIN, ASSIGN AN AGENT...DO YOUR RESEARCH TO BE SURE THEY ARWE QUAILIFIED AND HAVE A FLWLEAA RECORD

[.~SpecialAgentGibbs] I WILL EXCHANGE MY DINAR POST HASTE, INTO USD. THEN, MOVE MY FUNDS AS REQUIRED FROM THERE

[.~SpecialAgentGibbs] THIS IS MY PERSONAL PLAN AND I DO NOT MEAN THAT IT'S SUITABLE FOR EVERYONE
[.~SpecialAgentGibbs] EACH PERSON HAS INDIVIDUAL NEEDS AND GOALS

[georgebee70] what if the dinar comes out at $1.00 and in a week goes to $3.40
[.~SpecialAgentGibbs] georgebee70 WHAT IF IT'S THE OTHER WAY AROUND


[.~SpecialAgentGibbs] NOT WISE TO BASE LIFE CHANGING DECISIONS ON WHAT IFS

[PIGMAN] Can one take paper dinar out of this country physically after rv? If so how much?
[.~SpecialAgentGibbs] PIGMAN SURE BUT BE AWARE THAT ANYTHING OVER $10K IN VALUE MUST BE DECLARED WITH CUSTOMS
[PIGMAN] Thanks!
[.~SpecialAgentGibbs] PIGMAN CUSTOMS ON BOTH ENDS

[.~SpecialAgentGibbs] JMHO, ONCE THE CE OCCURS, I'M DONE WITH GAMBLING ON THE DINAR
[.~SpecialAgentGibbs] THERE ARE MANY, MANY FAR MORE STABLE CURRENCIES TO LOOK TO
[.~SpecialAgentGibbs] IF THIS WERE A HORSE RACE, THE DINAR WOULD BE THE HORSE WITH CRUTCHES
[.~SpecialAgentGibbs] DON'T BET ON THE HORSE WITH CRUTCHES!

http://www.dinarrecaps.com/1/post/2013/04/thoughts-from-specialagentgibbs-at-oomf-tues-pm.html

No comments: