Coffee with MarkZ 08/03/2023

PDK Note: I will only transcribe RV Related or Intel with Financial relevance. If any certain podcast is only about politics and social opinions I will not do any notes. So if there are no notes transcribed…there usually was little to no RV news at all included in that particular podcast. Thank you for understanding. 

Thursday News with MarkZ 

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning….Hope and pray that it is our day.

Member: GM Happy Thursday a.k.a. Fri-Yay Eve. Hope all have a great day. Enjoy lots!

Member: any news Mark??

Member: I wonder is there any truth on the rumor of the 800# coming out today? 

Member: Great new video and great work by MM and his team! Can’t wait to hear your comments today about this one Mark! Sounds exciting what MM and team found in this article! August 7?!!?

MZ: There was a good MlitiaMan and /Nader overnight ..be sure to go watch them….and like and share them 

MZ: I am still hearing the rumor that we will see the new rate when they issue and publish the instructions for the budget…which has already been passed. They have done a great job of keeping this under wraps and secret. 

MZ: Getting mixed reports as to whether this will be Saturday or Monday/Tuesday. Personally I think this is going to be “IT”

Member:  I read the dinar rate has been set. But, not out yet.

MZ: Don’t quit your day jobs yet- Not until we get across the finish line. 

Member: Guru Frank26  There are no issues with Kurdistan .  There are no issues with the monetary reform.  Both of them are being attacked by...Iranian politicians that want to steal.  Everyday they're being caught...busted... arrested.  Every day they're being kicked out of Iraq .  Every day they're loosing their merchants and losing their banks.  Good.  Because that is what's stopping you from having the new exchange rate of the Iraqi dinar.  That is what's stopping them from releasing the new lower denoms and coins...

MZ: I have heard similar.  Spot on there. 

Member: Dinar investor says the budget goes to the court of appeals on Monday. No RV until after that. 

MZ: Usually if they give a date – it’s all prepared and may be going before then. We have seen that in the past. We just do not know. 

Member: can someone toss out the latest guesses on what rates will be?

Member: This was what was posted in the past….but, no one knows the official rates until we are at the bank….Dinar $3+, Dong $2+, Indonisia $1.47 or so, Zim=$30M to 50M per 100T note, and Bolivar-unknown yet…all this is rumors for now. 

Member: TD Bank sending me promos for currency exchange; also say their ATM getting Huge Upgrade soon (new currency, qfs?)

MZ: “Fitch Downgrades US credit rating-Citing erosion of confidence in fiscal management”  They have downgraded it for the next 2 years because they do not hink there will be any sanity in spending over the next 3 years. 

Member: Many years of congress laundering money to themselves……sickening.

Member: What picture will you post on the video thumbnail when the RV happens?

MZ: I am thinking of a picture of a golden chicken about to lay a golden egg. 

Member: I so confused on what we are looking for exactly before getting an email to make appointments.

Member:I have heard  If you are in private groups you may get an email. Most of us will see the notifications posted on Recaps, Chronicles, Mark, Bruce, Frank, TNT ect….just follow the insstructions……no need to worry. 

Member: We keep hearing this is a movie……ugh

Member: If I would have paid to see this movie, I would have already got up and walked out.

Member: This whole movie just sucks. I'm tired of waiting for the good parts.

Member: They can only tell us it,s a movie for so long. If it doesn,t end soon, we the people will end it ….we will have to end it to survive.

Member:  "Everything you've ever wanted is on the other side of fear." George Addair

Member: Thanks Mark and Mods….hoping we see good news by tonight 

“THE INFORMATION IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IS IN MARKZ’S OPINION ONLY.

"20 DINARS = $15 USD", 3 AUGUST

"They get 20 – 50 dinars ($15 – $37), depending on the work,…" 

Today, 20 IQD = $0.015267 USD , In this News 20 IQD = $15 USD?

Just for let you think about the RV inside Iraq

 

Budget has the New Rate!🔥Will Be in Forex Then RI?🤔Iraq Dinar RV Updates...

"What is the difference between an index fund and an ETF? ", 3 AUGUST

The differences between an index fund and an ETF boil down to four main areas -- fees, minimums, taxes, and liquidity -- all of which can help you to determine which one is your best option.

1. Fees and expenses

The primary difference between ETFs and index funds is how they're bought and sold. ETFs trade on an exchange just like stocks, and you buy or sell them through a broker. Index funds are bought directly from the fund manager. 

Because ETFs are bought and sold on an exchange, you will pay a commission to your broker each time you make a trade. That said, some brokers offer commission-free trading. 

Dividend distributions compound the issue of the differences between how ETFs and index funds are bought and sold. Dividends paid by index mutual funds can be automatically reinvested (fee-free!) into more shares of the fund.

However, when an ETF pays a dividend, you'll need to use the proceeds to buy more shares, incurring additional commissions and spending time logging into your account to make a quick trade. Some brokers may offer an automatic dividend reinvestment plan on a limited set of ETFs.

ETFs generally have a slight advantage when it comes to annual expense ratios -- which is the percentage of assets you'll pay for managing the fund. But the difference between expense ratios for widely traded ETFs and index funds has narrowed in recent years and almost disappeared. For more niche indexes, though, expense ratios could differ widely, usually favoring the ETF.

2. Minimum investments

You can invest in an ETF by buying as little as one share, which used to be the easiest way to start investing with very little capital. Several fund managers have lowered their minimum investments for their  most popular index funds, so these days you can get started with a relatively small amount of money. The following table shows the minimum investments for S&P 500 mutual funds from three leading asset managers.

Data source: Company websites.

INDEX FUND MANAGER	INITIAL MINIMUM	MINIMUM ADDITIONAL INVESTMENT
FIDELITY	$0	$0
VANGUARD	$3,000	$1
CHARLES SCHWAB	$0	$0

3. Tax differences

Long-term investors who are saving for retirement should use tax-advantaged retirement accounts such as 401(k)s and IRAs. I say this not just because it's smart -- because we all know minimizing taxes means more money left in your pocket -- but also because it means you can completely ignore the complicated details of the tax consequences of investing in different types of funds.

Index funds and ETFs are both extremely tax-efficient -- certainly more so than actively managed mutual funds. Because index funds buy and sell stocks so infrequently, they rarely trigger capital gains taxes for investors.

When it comes to tax efficiency, ETFs have the edge. Unlike index funds, ETFs rarely buy or sell stock for cash. When an investor wants to redeem shares, they simply sell them on the stock market, generally to another investor.

When an index fund investor wants to redeem an investment, the index fund may have to sell stocks it owns for cash to pay the investor for the shares. This means  mutual funds have to realize capital gains by selling stocks, which results in capital gains (and taxes) for everyone who continues to hold the fund, even if they are currently losing money on their investment.

4. Liquidity

Liquidity, or the ease with which an investment can be bought or sold for cash, is an important differentiator between ETFs and index funds. As previously mentioned, ETFs are bought and sold like stocks, meaning you can buy or sell them anytime the stock market is open.

On the other hand, index fund transactions (like those of all mutual funds) are cleared in bulk after the market closes. So if you put in an order to sell shares of an index fund at noon, the transaction will actually take place hours later at a price equal to the value of the fund at market close. Typically, the cutoff time is 4 p.m. ET. Orders entered after the cutoff are pushed into the next day and completed at the fund's net asset value a day later.

If you consider yourself a trader, this matters. If you consider yourself a long-term investor, it really doesn't matter much at all.

Index Funds vs. ETFs

An ETF is best if you're an active trader or simply like to use more advanced strategies in your purchases. Since ETFs are bought and sold on exchanges like stocks, you can buy them using limit orders, stop-loss orders, or even margins. You can't use those kinds of strategies with mutual funds.

If you're investing in a taxable brokerage account, you may be able to squeeze out a bit more tax efficiency from an ETF than an index fund. However, index funds are still very tax-efficient, so the difference is negligible. Don't sell an index fund just to buy the equivalent ETF. That's just asking for all sorts of tax headaches.

Buy an index fund if your broker charges high commissions on your purchases and you want to be fully invested at all times. In some cases, you may be able to start investing in index funds with a lower minimum than for its equivalent ETF.

Index funds are also a great option when the equivalent ETF is thinly traded, creating a large spread in the difference between the ETF price on the exchange and the value of the underlying assets held by the ETF. An index fund will always price at the net asset value.

Always compare fees to make sure you're not paying too much of a premium for your choice. If you're on the fence between an ETF and an index fund, the expense ratio could be a good tiebreaker.

https://www.fool.com/investing/how-to-invest/etfs/etf-vs-index-fund/#:~:text=The%20primary%20difference%20between%20ETFs,directly%20from%20the%20fund%20manager.

IQD - ISX - Money Transfers - Corruption Dealt Blow - Iraq Dinar by MILITIAMAN

DINARLAND UPDATE, 3 AUGUST

 MarkZ

[via PDK]

I know a number of very connected people who are traveling to be in place by Friday. I hope it means this thing is finally coming to an end. We just don’t know. But it is very encouraging the sheer number of reports from folks that were asked to travel and be in place. Stay calm – but this is getting interesting.

“Iraq and Kuwait to settle territorial and maritime borders”  They are sitting down and working out anything left on the table from the Iraqi invasion of Kuwait under Saadam Husssein. They are committed to settle any outstanding disputes including joint oilfields…The information continues to be phenomenal from Iraq…

Mountain Goat

There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar reinstated.

 But remember also they can not just pop it out there either since they must follow the process of deleting the zeros…The RV is coming but I refuse to hype up events and lie to you. WE must relax and let it come to us.

MilitiaMan (KTFA)

If you go back a month, two months or three months you can see there’s been progress.  I know it seems like they always seem to be kicking the can but to be fair I think what’s happening is it’s like a moving target.  It’s constantly being adjusted and many many many things are happening behind the scenes…

Bruce (The Big Call)

[via WiserNow]

As far as we can tell by the sources that we have, everything is done on the banking front…I’m really looking forward to getting something in the way of a notification. Hopefully, tomorrow. Now, this guy wouldn’t have said unless he believed that’s what’s going to happen….Things are definitely happening… let’s see what happens.

"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 3 AUGUST

 Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: TV news saying from parliament the work of the budget law will increase the value of the dinar…saying budget to be implemented in next few days and committee formed to watch the exchanges.

FIREFLY: That US ambassador said the CBI took appropriate actions on the banks that were dealing in dollars so the sanctions were removed on those banks.  Word of that has the street market already lowering and getting better…

There are no issues with Kurdistan .  There are no issues with the monetary reform.  Both of them are being attacked by…Iranian politicians that want to steal.  Everyday they’re being caught…busted… arrested.  Every day they’re being kicked out of Iraq .  Every day they’re loosing their merchants and losing their banks.  Good.  Because that is what’s stopping you from having the new exchange rate of the Iraqi dinar.  That is what’s stopping them from releasing the new lower denoms and coins…