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

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

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 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

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 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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