LearnIQWealth

Learn money · the Iraqi way

Money isn’t scary…once you get it

Short lessons with characters you know and real numbers from the Iraqi market. From the first dinar you save to the first share you buy.

Abu Salim hides his money under the mattress while Sara watches from the doorway

Uncle… your money is shrinking while it sleeps!

It’s what?!

Pick your level

Each level starts where the last one ends.

  1. 1My money

    First step

    Why the dinar loses value, and how saving differs from investing.

    • Money Street: a walk with a million dinars Soon
    • Inflation in two words Soon
    • The dollar: shelter or investment? Soon
  2. 2First investment

    Ready to start

    Gold, deposits and a first share: how to begin in small, measured steps.

  3. 3Reading the market

    Investor

    Read companies, compare shares, and build a balanced portfolio.

Why invest?

The whole story in three panels.

January 2016

Safe right here!

a million = $846

Today

Same million… why is it less?!

a million = $607

The fix?

Come, I’ll show you where money grows!

At the central bank rate then, and the Kifah market rate today.

Words you hear every day

Tap any word.

Share

A small piece of a company. Own it and you own part of its profits and losses.

Example: Like your stake in a shop you opened with friends.

Beginner questions

How much money do I need to start?

You can start small. Many shares on the Iraq Stock Exchange cost under a thousand dinars each. What matters is starting with money you won’t need soon.

What’s the difference between saving and investing?

Saving keeps your money; investing puts it to work so it grows. The first is safer; the second needs patience and carries risk.

How do I buy a share in Iraq?

Open an account with a brokerage licensed by the Securities Commission, deposit your money, and the broker places your buy and sell orders on the Iraq Stock Exchange.

Is gold better than the dollar or shares?

There is no single answer. Each has good years and hard years, which is why most people spread their money.

Is this investment advice?

No. This is education, so you can understand and decide for yourself.

Coming soon

Video episodes with Abu Salim and Sara

Short episodes, one idea each, in our own dialect and with numbers from our own market.

Sign up to hear first
  1. 1Why is Abu Salim’s money shrinking?
  2. 2A day at the Kifah market with Abu Ali
  3. 3Sara’s first share

And that’s not all!