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| frusnak |
 Posted: Wed Dec 21, 2005 4:28 pm Post subject: virtual property interest |
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CFO
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 Does the interest earned from virtual property count towards total portfolio return |
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| Benjamin |
| Posted: Wed Dec 21, 2005 7:00 pm Post subject: |
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Administrator
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Not in the least. You'll only make e$ on that deal.
Actually the interest earned isn't even very realistic...except maybe for property in southern Florida. 
Just a way to earn some extra e$ if you feel the market is going to have a bad month and feel safer investing in real estate. Plus, some people just want a driveway to put their Yugo. |
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| Im Not Warren Buffett |
| Posted: Thu Dec 22, 2005 7:40 am Post subject: |
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CFO
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I actually like the return (although it is unrealistic) that you earn on collectibles and property. Its all about capital preservation, and I feel the need to throw in some wisdom from Warren here.
"We ended the year with $43 billion in cash equivalents, not a happy position." (Ok, I don't exactly have this, but you get what I'm saying.)
"The first rule of investing is never lose money.
The second rule is never to forget rule number one."
I think the store is a good place to park money that you don't have a purpose for yet. That philosophy, however, requires restraint and avoiding impulse buys, so its not for everyone |
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| barloy |
| Posted: Fri Dec 23, 2005 12:35 pm Post subject: playstation |
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Investing Sr. Associate
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 i paid for a game station when i first started and didnt even know anything and now i dont know how to get rid of it or what to do with this thing i guess iam stuck with this useless toy? lol cant sell it no one will buy this thing just stuck the store is a bad place to shop with e- money.dont shop there just buy stock or better yet buy bonds |
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| Benjamin |
| Posted: Fri Dec 23, 2005 12:45 pm Post subject: |
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Administrator
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| You can sell it back for the same amount you bought it for. Just go to that store, click on the Playstation 3 link and you will see a sell link right next to the buy link. |
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| TimeInvestor |
| Posted: Thu Dec 29, 2005 8:13 am Post subject: |
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Investing Associate
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what's the link you guys talking about...??Sound interesting.
Like to know more,  |
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| Benjamin |
| Posted: Thu Dec 29, 2005 8:49 am Post subject: |
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| Im Not Warren Buffett |
| Posted: Mon Jan 02, 2006 5:50 pm Post subject: |
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CFO
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| I noticed the prices of collectibles and property increased, so they are now more expensive to buy. Is it supposed to work like that, or is the only increase supposed to be in the price of things that people own? |
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| geb9696 |
| Posted: Mon Jan 02, 2006 7:51 pm Post subject: |
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Investing VP
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| From what Ben said in another thread it is supposed to work like that. |
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| Im Not Warren Buffett |
| Posted: Mon Jan 02, 2006 8:46 pm Post subject: |
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CFO
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| So its going to get more expensive to buy in? |
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| geb9696 |
| Posted: Mon Jan 02, 2006 8:54 pm Post subject: |
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Investing VP
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| Yes, thats is how he seems to be doing it. |
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| Im Not Warren Buffett |
| Posted: Mon Jan 02, 2006 8:58 pm Post subject: |
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CFO
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Right, but is it supposed to be working like that? Things could get awfully expensive very quickly.
Wouldn't it make more sense to have whatever people are holding appreciate, while the value of something in the store holds steady? That gives a bigger incentive to hold onto things so you get the compound growth, but what I'm concerned about is how the simple houses are going to cost upwards of e$85000 in a couple months.
Is there a way to separate shop value from the holding value? |
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| geb9696 |
| Posted: Mon Jan 02, 2006 9:06 pm Post subject: |
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Investing VP
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| In the real world as your home appreciates so does all of the other homes around you. I think is brings some realism to it. |
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stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
