Author Topic: My Soon-To-Be Millionaire Family Members  (Read 158774 times)

iris lily

  • Magnum Stache
  • ******
  • Posts: 3884
Re: My Soon-To-Be Millionaire Family Members
« Reply #450 on: September 30, 2018, 09:54:03 AM »
And on a more direct and specific example, here's a 2007 paper from the Journal of the Royal Society of Medicine:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1905885/

The entirety of the paper's conclusions are as follows:

"Spinal manipulation, particularly when performed on the upper spine, is frequently associated with mild to moderate adverse effects. It can also result in serious complications such as vertebral artery dissection followed by stroke. Currently, the incidence of such events is not known. In the interest of patient safety we should reconsider our policy towards the routine use of spinal manipulation."

Here's the American Heart Association in 2014, warning that "most population controlled studies have found an association between CMT (cervical manipulative therapy) and VAD stroke in young patients": https://www.ahajournals.org/doi/abs/10.1161/str.0000000000000016

Here's the case which started with the British Chiropractic Association suing journalist Simon Singh for libel, and ended with every major British party pledging libel law reform and a quarter of the BCA's members coming under investigation: https://en.wikipedia.org/wiki/British_Chiropractic_Association_v_Singh.

My cousin ended up having an artery dissection after a neck manipulation. She has had a couple of strokes since. Early 30s single mother of 2, such a sad story.

Tragic, indeed.

BTDretire

  • Magnum Stache
  • ******
  • Posts: 3078
Re: My Soon-To-Be Millionaire Family Members
« Reply #451 on: October 01, 2018, 08:41:09 AM »
I'd never heard of dry needling before now...

It is acupuncture without the acupuncture training -- tends to be intramuscular vs. the "traditional" Chinese acupuncture points.  My acupuncturist actually does a combination of the two (she is sort of a sports-medicine focus and does a number of treatments).  She absolutely detests people who advertise dry needling, because, as she says, "I went to school for 8 years to learn how to do things properly and safely; these guys go to one two-week seminar and call themselves experts."

And not to derail the thread into other alternative therapies, but I also feel compelled to say that I was a total non-believer in acupuncture until a year ago -- I am a very anti-woo-woo person.  I met my therapist at the gym and made my first appointment with her thinking she was a sports-medicine-focused therapist; when she whipped out the needles I wanted to walk out but thought that would be massively rude.  So I figured, well, I'm here, can't hurt.  And wow.  I am a total believer now and go every week -- I have a permanent spine issue and a rotator cuff issue that I am avoiding, and she manages to get the specific muscles and fascia to release so I can keep working out without seizing up.
I have read just enough to gain a respect for acupuncture as theoretical treatment. Finding the right practitioner is probably key, as in most treatments. And having reasonsble expectations sbout what the treatment will accomplish, also important.
I tried an acupuncturist  for back/leg pain (two herniated discs)
I didn't find it to help. The acupuncturist connects wires to the needles and applies varying rhythmic electric pulses to the needles, on one appointment the equipment had a failure and the rhythmic pulses became continuous and didn't reduce in strength. I called out to the doc to turn it off. I ask about the equipment during the next appointment and he said he threw it out.
t

Spoon

  • 5 O'Clock Shadow
  • *
  • Posts: 21
  • Age: 38
  • Location: Aus
Re: My Soon-To-Be Millionaire Family Members
« Reply #452 on: December 30, 2018, 02:14:02 AM »
Any chance of an end of year update? I'm hoping for an unexpected twist and the beginnings of behaviour change.

BTDretire

  • Magnum Stache
  • ******
  • Posts: 3078
Re: My Soon-To-Be Millionaire Family Members
« Reply #453 on: January 03, 2019, 10:58:51 AM »
... and that in the meantime, they are going to "pray that God will provide." What could go wrong?

Ugh. Nothing makes me grind my teeth more than this phrase.  Good luck to them.

I might have been tempted to snarkily hypothesize that any deity that exists might think he provided via the opportunity to earn a living after finishing a degree program. Or maybe a unicorn will prance up, bearing bags of cash. Or the teller window at Bank of Dad will open for business.

  I have to think the diety is in favor of construction workers after all the people that are either left homeless or have terrible damage to their homes after hurricane Michael.
  I went into purchase a cellphone shortly after the hurricane and while waiting, I had an 82 year old man crying after telling me about the destruction to his home and how he never thought he would need to rely on his son for a place to live. I don't think a diety is there to help you with business financing.

BTDretire

  • Magnum Stache
  • ******
  • Posts: 3078
Re: My Soon-To-Be Millionaire Family Members
« Reply #454 on: January 03, 2019, 11:13:49 AM »

The older I get, the more I understand that you do whatever works. I don't have to care why. You don't have to care why. If someone is in chronic pain and chiro works for them, great. If homeopathy works for them, equally great. If praying to a bowl of lemons on their coffee table at 3:12 exactly every afternoon works for them, also great. What or why doesn't matter. What matters is the outcome.

  That's all fine but the risk/reward ratio needs to also be considered.
If you're injured by chiropractic manipulation, or have cancer and someone treats you with homeopathy until it's to late for modern medicine to save you, you lose.
 If you are believer in alternative methods, you might want to have a real doctors opinion as a backup just in case there is a treatable problem.

Cassie

  • Walrus Stache
  • *******
  • Posts: 6680
Re: My Soon-To-Be Millionaire Family Members
« Reply #455 on: January 03, 2019, 12:07:43 PM »
Very few people are injured by a chiropractor which is why their malpractice insurance is cheap. Most chiropractors X-ray a new patient before treating them in case something else is wrong. Most people have muscle pain/issues and chiropractic works great for these conditions.   Of course there are frauds in every profession so if one claims they can heal all your illnesses run away.

marty998

  • Walrus Stache
  • *******
  • Posts: 7070
  • Location: Sydney, Oz
Re: My Soon-To-Be Millionaire Family Members
« Reply #456 on: January 03, 2019, 01:47:48 PM »
Any chance of an end of year update? I'm hoping for an unexpected twist and the beginnings of behaviour change.

paging @frugalfoothills

dogboyslim

  • Bristles
  • ***
  • Posts: 498
Re: My Soon-To-Be Millionaire Family Members
« Reply #457 on: January 04, 2019, 01:36:39 PM »
My experience with agile:  At my last company I had one of the warehouse programmers/data scientists come up to me and say basically this:

"At my daily scrum stand-up which is pretty much done via videoconference  and no one stands up, we identified a blocker on a 5 pointer, meaning that unless we get the product owner to escalate the resolution our velocity is going to nosedive.  So our scrum-master took the issue to the scrum of scurm meeting to see if others had a similar blocker, but it turns out that the issue is that the DB2 license is per server and the SQL license is enterprise, so the product owner that has in 3 consecutive years shot down an upgrade to the DB2 server, is now asking that we just bring in some of the other backlog items to keep the velocity up, btw, her bonus depends on our velocity, while she evaluates the CBA for a server/license upgrade, but the backlog only has like 2 tasks that have been pointed since the business hasn't prioritized the backlog.  After we figure this out, I have to explain to the CFO why the AWS bill is so high this month after the marketing department spun up a massive SQL warehouse and essentially duplicated our onsite warehouse so they could learn how to benefit from some real machine learning, even though no one there even knows the difference between a continuous and a categorical variable.  I hate my job."

Also, I'm a little surprised that no reckoning has happened with this couple, but if the family doesn't care about being repaid...so be it.

aetherie

  • Pencil Stache
  • ****
  • Posts: 809
  • Age: 28
Re: My Soon-To-Be Millionaire Family Members
« Reply #458 on: January 04, 2019, 02:15:23 PM »
"At my daily scrum stand-up which is pretty much done via videoconference  and no one stands up, we identified a blocker on a 5 pointer, meaning that unless we get the product owner to escalate the resolution our velocity is going to nosedive.  So our scrum-master took the issue to the scrum of scurm meeting to see if others had a similar blocker, but it turns out that the issue is that the DB2 license is per server and the SQL license is enterprise, so the product owner that has in 3 consecutive years shot down an upgrade to the DB2 server, is now asking that we just bring in some of the other backlog items to keep the velocity up, btw, her bonus depends on our velocity, while she evaluates the CBA for a server/license upgrade, but the backlog only has like 2 tasks that have been pointed since the business hasn't prioritized the backlog.  After we figure this out, I have to explain to the CFO why the AWS bill is so high this month after the marketing department spun up a massive SQL warehouse and essentially duplicated our onsite warehouse so they could learn how to benefit from some real machine learning, even though no one there even knows the difference between a continuous and a categorical variable.  I hate my job."

I hate that I understood every word of that.

BicycleB

  • Magnum Stache
  • ******
  • Posts: 2662
  • Location: Live Music Capital of the World
  • Older than the internet, but not wiser... yet
Re: My Soon-To-Be Millionaire Family Members
« Reply #459 on: January 04, 2019, 04:50:40 PM »
"At my daily scrum stand-up which is pretty much done via videoconference  and no one stands up, we identified a blocker on a 5 pointer, meaning that unless we get the product owner to escalate the resolution our velocity is going to nosedive.  So our scrum-master took the issue to the scrum of scurm meeting to see if others had a similar blocker, but it turns out that the issue is that the DB2 license is per server and the SQL license is enterprise, so the product owner that has in 3 consecutive years shot down an upgrade to the DB2 server, is now asking that we just bring in some of the other backlog items to keep the velocity up, btw, her bonus depends on our velocity, while she evaluates the CBA for a server/license upgrade, but the backlog only has like 2 tasks that have been pointed since the business hasn't prioritized the backlog.  After we figure this out, I have to explain to the CFO why the AWS bill is so high this month after the marketing department spun up a massive SQL warehouse and essentially duplicated our onsite warehouse so they could learn how to benefit from some real machine learning, even though no one there even knows the difference between a continuous and a categorical variable.  I hate my job."

I hate that I understood every word of that.
@aetherie, LOL.

What I thought after reading it was, "It doesn't matter what technique you use to run a workplace badly. If you run a workplace badly, working there is going to suck."

Tabitha

  • Stubble
  • **
  • Posts: 119
Re: My Soon-To-Be Millionaire Family Members
« Reply #460 on: January 05, 2019, 10:04:58 AM »
... and that in the meantime, they are going to "pray that God will provide." What could go wrong?

Ugh. Nothing makes me grind my teeth more than this phrase.  Good luck to them.

Apparently she’s never heard the old saw “The Lord helps those who help themselves”. 

Basenji

  • Handlebar Stache
  • *****
  • Posts: 1035
  • Location: D.C.-ish
Re: My Soon-To-Be Millionaire Family Members
« Reply #461 on: January 05, 2019, 04:55:31 PM »
Any chance of an end of year update? I'm hoping for an unexpected twist and the beginnings of behaviour change.

paging @frugalfoothills

Yeah, I love this thread and I need a hit.

iluvzbeach

  • Bristles
  • ***
  • Posts: 382
Re: My Soon-To-Be Millionaire Family Members
« Reply #462 on: January 05, 2019, 05:22:37 PM »
IIRC, the OP responds to bat signals. @frugalfoothills

Gronnie

  • Bristles
  • ***
  • Posts: 336
  • Age: 34
  • Location: MN
Re: My Soon-To-Be Millionaire Family Members
« Reply #463 on: January 05, 2019, 07:21:12 PM »
"At my daily scrum stand-up which is pretty much done via videoconference  and no one stands up, we identified a blocker on a 5 pointer, meaning that unless we get the product owner to escalate the resolution our velocity is going to nosedive.  So our scrum-master took the issue to the scrum of scurm meeting to see if others had a similar blocker, but it turns out that the issue is that the DB2 license is per server and the SQL license is enterprise, so the product owner that has in 3 consecutive years shot down an upgrade to the DB2 server, is now asking that we just bring in some of the other backlog items to keep the velocity up, btw, her bonus depends on our velocity, while she evaluates the CBA for a server/license upgrade, but the backlog only has like 2 tasks that have been pointed since the business hasn't prioritized the backlog.  After we figure this out, I have to explain to the CFO why the AWS bill is so high this month after the marketing department spun up a massive SQL warehouse and essentially duplicated our onsite warehouse so they could learn how to benefit from some real machine learning, even though no one there even knows the difference between a continuous and a categorical variable.  I hate my job."

I hate that I understood every word of that.

Same!

Dan408

  • 5 O'Clock Shadow
  • *
  • Posts: 6
Re: My Soon-To-Be Millionaire Family Members
« Reply #464 on: May 06, 2019, 05:57:06 AM »
Bump for update

Parizade

  • Handlebar Stache
  • *****
  • Posts: 1028
  • Location: Variable
  • Happily FIREd
Re: My Soon-To-Be Millionaire Family Members
« Reply #465 on: May 06, 2019, 07:52:06 AM »
"At my daily scrum stand-up which is pretty much done via videoconference  and no one stands up, we identified a blocker on a 5 pointer, meaning that unless we get the product owner to escalate the resolution our velocity is going to nosedive.  So our scrum-master took the issue to the scrum of scurm meeting to see if others had a similar blocker, but it turns out that the issue is that the DB2 license is per server and the SQL license is enterprise, so the product owner that has in 3 consecutive years shot down an upgrade to the DB2 server, is now asking that we just bring in some of the other backlog items to keep the velocity up, btw, her bonus depends on our velocity, while she evaluates the CBA for a server/license upgrade, but the backlog only has like 2 tasks that have been pointed since the business hasn't prioritized the backlog.  After we figure this out, I have to explain to the CFO why the AWS bill is so high this month after the marketing department spun up a massive SQL warehouse and essentially duplicated our onsite warehouse so they could learn how to benefit from some real machine learning, even though no one there even knows the difference between a continuous and a categorical variable.  I hate my job."

I hate that I understood every word of that.

Same!

I'm hoping to forget it all ASAP after FIRE

Kierun

  • Pencil Stache
  • ****
  • Posts: 504
  • Location: HI
Re: My Soon-To-Be Millionaire Family Members
« Reply #466 on: June 10, 2019, 06:00:19 PM »
How many millions do they have now?  Inquiring minds would like to know...

SheWhoWalksAtLunch

  • Pencil Stache
  • ****
  • Posts: 646
  • Location: Western NC
Re: My Soon-To-Be Millionaire Family Members
« Reply #467 on: June 11, 2019, 01:16:20 PM »
How many millions do they have now?  Inquiring minds would like to know...

+1 & PTF

marty998

  • Walrus Stache
  • *******
  • Posts: 7070
  • Location: Sydney, Oz
Re: My Soon-To-Be Millionaire Family Members
« Reply #468 on: June 19, 2019, 03:43:07 PM »
Sending bat signal to @frugalfoothills

talltexan

  • Magnum Stache
  • ******
  • Posts: 3979
Re: My Soon-To-Be Millionaire Family Members
« Reply #469 on: June 27, 2019, 11:59:13 AM »
Sometimes these things actually work out. Business is booming in a lot of places right now...

BTDretire

  • Magnum Stache
  • ******
  • Posts: 3078
Re: My Soon-To-Be Millionaire Family Members
« Reply #470 on: July 11, 2019, 11:00:49 AM »
Sending bat signal to @frugalfoothills

frugalfoothills is posting, her last post was yesterday, July 10, 2019, but I haven't located that post.

kingxiaodi

  • 5 O'Clock Shadow
  • *
  • Posts: 52
Re: My Soon-To-Be Millionaire Family Members
« Reply #471 on: July 11, 2019, 02:00:35 PM »
Sending bat signal to @frugalfoothills

frugalfoothills is posting, her last post was yesterday, July 10, 2019, but I haven't located that post.

Are you sure her last post was yesterday? The most recent post I could find was from March, but she was last active today (I assume she was active today after your post, so when you looked, it likely said yesterday). In fact, she appears to be "online" at this very moment!

In either case, I can only imagine that she will update the post when she is ready to do so. Even if she didn't get the batsignal, I doubt she's forgotten about this thread.

BTDretire

  • Magnum Stache
  • ******
  • Posts: 3078
Re: My Soon-To-Be Millionaire Family Members
« Reply #472 on: July 11, 2019, 06:42:23 PM »
Sending bat signal to @frugalfoothills

frugalfoothills is posting, her last post was yesterday, July 10, 2019, but I haven't located that post.

Are you sure her last post was yesterday? The most recent post I could find was from March, but she was last active today (I assume she was active today after your post, so when you looked, it likely said yesterday). In fact, she appears to be "online" at this very moment!

In either case, I can only imagine that she will update the post when she is ready to do so. Even if she didn't get the batsignal, I doubt she's forgotten about this thread.
You are most likely correct, I interpreted active as posting.

oldladystache

  • Pencil Stache
  • ****
  • Posts: 739
  • Age: 75
  • Location: coastal southern california
Re: My Soon-To-Be Millionaire Family Members
« Reply #473 on: July 11, 2019, 07:37:07 PM »
She did post today, first time since March.  I've been eagerly awaiting an update to this story.

Just Joe

  • Magnum Stache
  • ******
  • Posts: 4201
  • Age: 125
  • Location: Just past the red barn on the left.
  • Here to learn.
Re: My Soon-To-Be Millionaire Family Members
« Reply #474 on: July 12, 2019, 01:49:41 PM »
Let's give the thread a cooling off period and then I'd love to read everyone's fictional "final chapter". ;)

DaMa

  • Bristles
  • ***
  • Posts: 459
Re: My Soon-To-Be Millionaire Family Members
« Reply #475 on: July 14, 2019, 10:33:41 AM »
ptf - just enjoyed reading this whole thread!

Cannot Wait!

  • Pencil Stache
  • ****
  • Posts: 906
  • Age: 54
  • Location: Canada
  • FIREd 2016 @ 49
Re: My Soon-To-Be Millionaire Family Members
« Reply #476 on: July 14, 2019, 04:19:30 PM »
ptf - just enjoyed reading this whole thread!

Me too!  But I thought for sure it would have come to an end by now....
I'm guessing they are doing alright; any shortfalls are being helped along by the FIL - who is THRILLED about learning that he is going to a Grandfather!!!

LilyFleur

  • 5 O'Clock Shadow
  • *
  • Posts: 54
Re: My Soon-To-Be Millionaire Family Members
« Reply #477 on: July 18, 2019, 08:19:44 PM »
I fell for that kind of chiropractic care. The guy did our x-rays and clearly mine was worse than my child's and so he preyed on my emotions and said that with his treatment we can avoid my kid becoming as bad as me. So we prepaid thousands of dollars and went to treatments 2-3x a week for however long. It was an assembly line. He had three tables set up with a half wall divider between, an electronic system that called your name and table number. He would spend <5 mins with each patient and send them on their way. It took a few months that I realized that it was just a sales technique and it was not so much about our health.

Now I go to a chiropractor whenever I get tightness in my lower back and I come back on my schedule. This new guy is very easy going and only if the adjustment was particularly difficult will he suggest to come back sooner than I normally would.
Whenever I get tightness in my lower back, I do the stretches my physical therapist taught me. Evidently tall women get tight hamstrings which can cause lower back pain. No chiropractor I tried ever helped me as much as my physical therapist.

iris lily

  • Magnum Stache
  • ******
  • Posts: 3884
Re: My Soon-To-Be Millionaire Family Members
« Reply #478 on: July 20, 2019, 09:28:00 AM »
ptf - just enjoyed reading this whole thread!

Me too!  But I thought for sure it would have come to an end by now....
I'm guessing they are doing alright; any shortfalls are being helped along by the FIL - who is THRILLED about learning that he is going to a Grandfather!!!

And he will buy the young couple a big new SAFE automobile because baby cannot ride in anything UNSAFE, it must be new.  And big.

Finances_With_Purpose

  • Pencil Stache
  • ****
  • Posts: 779
    • Finances With Purpose: deploying resources wisely to live vigorously
Re: My Soon-To-Be Millionaire Family Members
« Reply #479 on: April 22, 2020, 11:38:04 PM »
So, paging @frugalfoothills ...I happened upon this thread again and realized there was never a closing chapter put on the story.  I can imagine that you probably tired of the thread.  And we all at least hoped for the best for your fam, even while perhaps having a few joking laughs about it all... (What else can you do in the end, really?: most of us have had one or more family members in that type of boat before or currently.)

But whatever happened with the practice, the new business, the "flush with cash" and all of that?  (Pre-COVID, especially; it seems that even many more stable businesses are sadly upended now.) 

I hope and would love to hear that the story/your family situation had a happier ending than the one portended in this thread... 

clarkfan1979

  • Handlebar Stache
  • *****
  • Posts: 2173
  • Age: 41
  • Location: Pueblo West, CO
Re: My Soon-To-Be Millionaire Family Members
« Reply #480 on: May 12, 2020, 10:31:11 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

bacchi

  • Walrus Stache
  • *******
  • Posts: 5134
Re: My Soon-To-Be Millionaire Family Members
« Reply #481 on: May 12, 2020, 10:38:37 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

That's....what??? From where did they hear that?

Dave1442397

  • Handlebar Stache
  • *****
  • Posts: 1206
  • Location: NJ
Re: My Soon-To-Be Millionaire Family Members
« Reply #482 on: May 12, 2020, 11:02:31 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

Even if it does revalue at 100-to-1, don't they realize that it's still worth the same? It's like the old Italian Lira, which they were talking about revaluing before they wet to the euro - https://www.latimes.com/archives/la-xpm-1988-02-10-fi-28224-story.html

talltexan

  • Magnum Stache
  • ******
  • Posts: 3979
Re: My Soon-To-Be Millionaire Family Members
« Reply #483 on: May 12, 2020, 11:16:34 AM »
Crypto- must not be volatile enough for them.

UpNAtom

  • 5 O'Clock Shadow
  • *
  • Posts: 29
Re: My Soon-To-Be Millionaire Family Members
« Reply #484 on: May 12, 2020, 11:41:56 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

Someone sold them on the wrong definition of re-value.

Gronnie

  • Bristles
  • ***
  • Posts: 336
  • Age: 34
  • Location: MN
Re: My Soon-To-Be Millionaire Family Members
« Reply #485 on: May 12, 2020, 12:10:50 PM »
Why stop at 20k? I'd be maxing out credit card advances, selling plasma, sperm, my wife's eggs, all my possessions... maybe even my kid!

lemanfan

  • Pencil Stache
  • ****
  • Posts: 978
Re: My Soon-To-Be Millionaire Family Members
« Reply #486 on: May 12, 2020, 11:00:29 PM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

Yeah... becasuse you need an expensive house if you have money.

Michael in ABQ

  • Handlebar Stache
  • *****
  • Posts: 1131
    • Military Saints
Re: My Soon-To-Be Millionaire Family Members
« Reply #487 on: May 12, 2020, 11:25:50 PM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

My $200 in Iraqi Dinar I bought back in 2005 when I was deployed is now worth..... a whopping $241. Almost all that change in value occurred around 2007-2008. Since then it's been essentially flat. That $200 in any real investment would have easily doubled by now.

Linea_Norway

  • Walrus Stache
  • *******
  • Posts: 7051
  • Location: Norway
Re: My Soon-To-Be Millionaire Family Members
« Reply #488 on: May 13, 2020, 07:11:52 AM »
@frugalfoothills posted this in another thread. Looks like the clinic is still running.

I feel your pain. The tension in my family between myself, my parents, and my sister is.... reaching peaks, to say the least. Sister and brother-in-law do not believe in medicine, clean with essential oils only, etc. and have done zero prevention/social distancing. They believe COVID is a hoax, full stop.

<...>

My sister has decided that since this is all fake, she will start seeing my parents. Not worried at all about compromising them. Her and my BIL came to stay with them 2 weeks ago in their home. Took them to the lake last weekend. Hugging, in the house together, zero distancing. My sis and BIL own a chiropractic office and have done nothing to limit their exposure during this entire time: no masks, no gloves, no limits to the number of people entering, still only cleaning with non-toxic products. And are now cozying up to my parents.

<...>

talltexan

  • Magnum Stache
  • ******
  • Posts: 3979
Re: My Soon-To-Be Millionaire Family Members
« Reply #489 on: May 13, 2020, 08:27:06 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

My $200 in Iraqi Dinar I bought back in 2005 when I was deployed is now worth..... a whopping $241. Almost all that change in value occurred around 2007-2008. Since then it's been essentially flat. That $200 in any real investment would have easily doubled by now.

@Michael in ABQ are you holding the dinar as cash? I guess an airport might be able to change them if you don't plan to return to Iraq soon.

Michael in ABQ

  • Handlebar Stache
  • *****
  • Posts: 1131
    • Military Saints
Re: My Soon-To-Be Millionaire Family Members
« Reply #490 on: May 13, 2020, 09:55:47 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

My $200 in Iraqi Dinar I bought back in 2005 when I was deployed is now worth..... a whopping $241. Almost all that change in value occurred around 2007-2008. Since then it's been essentially flat. That $200 in any real investment would have easily doubled by now.

@Michael in ABQ are you holding the dinar as cash? I guess an airport might be able to change them if you don't plan to return to Iraq soon.

They're still with a letter I originally mailed to my parents when I was deployed asking them to hold on to it for me and explaining why I sent them a bundle of foreign currency. At this point they're just souvenirs that I can show my kids. Unless they suddenly revalue them and the value goes up 100x (snowball's chance in hell) I don't see any reason to try and exchange them. I could probably sell them on eBay if I cared to.

clarkfan1979

  • Handlebar Stache
  • *****
  • Posts: 2173
  • Age: 41
  • Location: Pueblo West, CO
Re: My Soon-To-Be Millionaire Family Members
« Reply #491 on: May 13, 2020, 09:29:21 PM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

That's....what??? From where did they hear that?

The whole thing wouldn't bother me if they could just keep it to themselves. At every family function, they give a hard sell to everyone that if you want to be a smart investor like them, we need to be doing what they are doing. They give us the Dinar for birthdays ($25 worth) and tell us that I can pay for my kids college education with it.

I teach community college and my kid gets free tuition at any of the 13 different community colleges in our state. Many of them now have 4 year degrees. College is already free. Thanks, but no thanks.

frugalecon

  • Pencil Stache
  • ****
  • Posts: 593
Re: My Soon-To-Be Millionaire Family Members
« Reply #492 on: May 14, 2020, 06:24:23 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

That's....what??? From where did they hear that?

The whole thing wouldn't bother me if they could just keep it to themselves. At every family function, they give a hard sell to everyone that if you want to be a smart investor like them, we need to be doing what they are doing. They give us the Dinar for birthdays ($25 worth) and tell us that I can pay for my kids college education with it.

I teach community college and my kid gets free tuition at any of the 13 different community colleges in our state. Many of them now have 4 year degrees. College is already free. Thanks, but no thanks.

These dinar theorists seem to have no understanding of how currency works. Do they really think that the Iraqi government can wave a magic wand and you will be able to buy 100 times as much worth of commodities for the same amount of dinar? The only way that could happen is if the Iraqi government would exchange dinars for 100 times the amount of US dollars as before. Color me skeptical.

SheWhoWalksAtLunch

  • Pencil Stache
  • ****
  • Posts: 646
  • Location: Western NC
Re: My Soon-To-Be Millionaire Family Members
« Reply #493 on: May 14, 2020, 06:46:46 AM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

That's....what??? From where did they hear that?

The whole thing wouldn't bother me if they could just keep it to themselves. At every family function, they give a hard sell to everyone that if you want to be a smart investor like them, we need to be doing what they are doing. They give us the Dinar for birthdays ($25 worth) and tell us that I can pay for my kids college education with it.

I teach community college and my kid gets free tuition at any of the 13 different community colleges in our state. Many of them now have 4 year degrees. College is already free. Thanks, but no thanks.

Gifting devalued currency specifically for a free anyways education seems like an even exchange.  Annoying for the kids who I'm sure would prefer something fun or useful, but still a valuable lesson about which relatives to trust when it comes to free advice.

YttriumNitrate

  • Handlebar Stache
  • *****
  • Posts: 1078
  • Location: Northwest Indiana
Re: My Soon-To-Be Millionaire Family Members
« Reply #494 on: May 14, 2020, 07:08:40 AM »
The whole thing wouldn't bother me if they could just keep it to themselves. At every family function, they give a hard sell to everyone that if you want to be a smart investor like them, we need to be doing what they are doing. They give us the Dinar for birthdays ($25 worth) and tell us that I can pay for my kids college education with it.

I teach community college and my kid gets free tuition at any of the 13 different community colleges in our state. Many of them now have 4 year degrees. College is already free. Thanks, but no thanks.

Clearly you need to start one upping them by giving Zimbabwe dollars as presents in return.

talltexan

  • Magnum Stache
  • ******
  • Posts: 3979
Re: My Soon-To-Be Millionaire Family Members
« Reply #495 on: May 14, 2020, 09:11:21 AM »
I love those bills, so many 0's.

clarkfan1979

  • Handlebar Stache
  • *****
  • Posts: 2173
  • Age: 41
  • Location: Pueblo West, CO
Re: My Soon-To-Be Millionaire Family Members
« Reply #496 on: May 14, 2020, 12:04:44 PM »
My brother and sister in law have similar to plans to "be very rich, very soon" They are heavily "invested" in the Iraqi Dinar, which is supposed to "re-value" at 100 to 1. I'm guessing they have bought 10K to 20K of this crap. They even told a family member who is a real estate agent that they need to be looking at 1-2 million dollar homes in the near future. The real estate agent pretty much ignored their request. It's been 3 years and everyone is still waiting.

That's....what??? From where did they hear that?

The whole thing wouldn't bother me if they could just keep it to themselves. At every family function, they give a hard sell to everyone that if you want to be a smart investor like them, we need to be doing what they are doing. They give us the Dinar for birthdays ($25 worth) and tell us that I can pay for my kids college education with it.

I teach community college and my kid gets free tuition at any of the 13 different community colleges in our state. Many of them now have 4 year degrees. College is already free. Thanks, but no thanks.

These dinar theorists seem to have no understanding of how currency works. Do they really think that the Iraqi government can wave a magic wand and you will be able to buy 100 times as much worth of commodities for the same amount of dinar? The only way that could happen is if the Iraqi government would exchange dinars for 100 times the amount of US dollars as before. Color me skeptical.

Yes, I agree 100%. Their thought process is more consistent with the "magic wand theory" than actual theory within economics. The closest thing to a real economic theory for the re-evaluation is Iraqi oil reserves. Iraqi is an oil rich country and they will use that to increase the value of their currency.

Because oil was negative a few weeks ago I should have told my brother that he needs to give me United States currency for me to accept the Iraqi Dinar.