Would you like to invest youre money into great banks in iran with 10 present profit for each yaer

Question

Would you like to invest youre money into great banks in iran with 10 present profit for each yaer

Answer 1

There is a famous quote from Albert Einstein about war.

He said:

“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones."

Answer 2

No.

I do not have the faith and confidence in Iran to be able to keep itself out of inflation, economic, geo-political, and similar turmoil.

There is a reason their currency is always under-valued when compared to the most popularly traded currencies in the foreign exchange.  There is a reason the US Dollar, Euro, Yen, Canadian Dollar, Australian Dollar, and Swiss Franc are recognized and more popular.  Because of the faith in confidence that the global community has in those respective countries.

Iran's currency is not taken seriously therefore any Iranian investment that is backed by their currency (ie., their banks) cannot be taken seriously.

So, my question back to you is: are you serious?

Or just looking for that lottery ticket?

Good luck !

Answer 3

nope.  there are no great banks in iran.  we have great banks here in the u.s. of a. thank you very much

Answer 4

Nah, I'll keep my money in a US bank, thank you.  There are no regulations or guarantees in foreign banks like they have in US banks where if it were ever to get robbed or go bankrupt, our deposits are guaranteed by the Federal government (FDIC).

Answer 5

I don't trust bankers with my money when they aren't smart enough to check their dictionaries to know that present = a gift you give someone on a holidy, birthday, etc.

I think you meant percent.