![]() Privately held companies does not have that kind of regulations, unless you (of course) sell to the general public. Regulations as you know is there to protect non-sophisticated investors. Many things you can do with private companies are not always that obvious with publicly traded shares because you have a lot of regulations (as most of you here know). I am not talking about doing illegal stuff, I am talking about simply being more free to cash out at higher levels. They have more room for creative cash-outs. If you do this with public shares you are nuts. I am not talking about publicly traded shares. I would not recommend this to the common man either, because it is not for the common man, period. It all comes down to, as you mentioned Russ, insight. The good idea: with insight and knowledge this way of doing it may be a good thing. The bad idea: Bad insight (agree with you on that one). It can be both a bad idea doing this and a good idea doing this. I like to generalize, but I can't generalize on this one. But I would love to if anyone wants to get together. I lost the game about a year ago, so haven't played since. I was starting to get better at evaluating deals, but honestly it's been so long I don't remember how I did it, I just remember the Mouse (or was it a turtle?) saying "good job!" once I clicked "no thanks" I started working on bigger deals that would add to my cashflow and get me out of the rat race, because I knew that you got PAID once you were out - I still don't understand how the numbers worked but I was getting something ridiculous every time I hit paycheck. So this was an easy way to get some cash but I didn't feel it was valid. this doesn't always work like that in real life). The game was making it easy by projecting if you will make money (ex- stock is at $3. Then I was more selective, but I remember relying a lot on stock. ![]() I don't remember the details - but I ended up bankrupt quick. Over and over again I would want to just quit - but kept going through till I eventually got pretty good.Īt first I was trying to buy properties and see what will happen. I played the computer game version only, and at first was very frustrated because my accounting classes have apparently not been paying off - I kept on messing up dragging numbers to the right columns. This changes the game flow and challenges players to get out using one method to exit - much tougher! Unlimited borrowing means you line up the sharks for quick deal turn around in your area of specialty vs. So if player has $1000 cash, 50 shares stock at $20 / share ($1000 total) and house with $6k down payment he can borrow $1000 (cash) + $500 (stock) +$3000 (house) = $4500 so player can only borrow $4k ( $80 / month cost) from normal bank max. Always round down borrowing, round up repayment. Player can only borrow 100% against cash, 50% against paper asset value when bought / RE & businesses down payment only. Normal bank borrowing interest is 2% / month ($200 / month) in $1000 block. Player must choose either method at the time at the time of borrowing. Player can ONLY do unlimited borrowing based on what exit method they choose, otherwise they can only do "normal" bank borrowing. Landing on dreams without cheese you can buy it and charge 10% to other players when they land on it if they choose not to buy -they are paying you "rent" for the dream!įinally one house rule that challenges the players to new levels:Īt beginning of the game players write down first then announce method of getting to fast track: Paper assets, RE, or Businesses To make fast track ore challenging change your new cash flow income to 10x instead of 100x. To exit fast track you must hit 2x passive over expensive (3x for 202 players!) or $1 mill in cash ($2 mill for 202), and pay off all debt (including home mortgage) to go to fast track! Player can player can buy / sell as many blocks as they want only landing on paycheck.Īllow 101 players to short any stock card (follow 202 rules) to max of 5000 shares. Each block can be sold back for $70,000 / block. ![]() Each $100,000 / block brings cash flow $410 / month at 5% ROI. This guy could have done put's to insure profit or at his level do "stamps" to protect against price drops.Īllow 101 game whenever you land on paycheck you can buy / sell bonds. Of course the "insiders" with options or given shares in lieu of cash do even better. So this somewhat reflects the game $1 or $5 stock retail. Did he sell? Nope - "it will go higher"! Would like to find out where he is now since the crash. ![]() The stock just peak at $800 / share then split 4:1. I don't think he work for the company but knew people that did. Every cent he could grab he put in over time. Good question Russ! Reminds me back at the peak of tech - local guy featured on local news studied local stocks and choose Qualcom to invest in. ![]()
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