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[Deadmeat1471]

The premise:

I give any players imaginary bay12 dollars to the amount of 10,000$. This amount is not-negotiable.
They invest in REAL stock.
They make a gain or loss.

The goal:

To make the most money.

Other factors:

Capital gains tax on the sale of stock. This is at 15% for stock owned less than 4 years (so all of it! I'd imagine). I understand this isn't an entirely realistic interpretation of CGT, but It's good enough for our purpose.

We are using US law.

The method:

Silent posts:
Buy 1000 stock @ such and such price, from NYSE/NASDAQ etc.
Costing such and such, leaving me such and such.

As each message is timestamped I can and will check the stock price! so no cheating.
If you cannot afford the amount of shares you stated, I will buy as many as you can afford.

Players

Deadmeat1471

Spoiler: Portfolio (click to show/hide)

100 shares of Boeing @$74.16
CD's of $2584

SilentThunder

Spoiler: Portfolio (click to show/hide)

121 shares of Mcdonalds @82.52
CD's of $47.75

Freeformschooler

Spoiler: Portfolio (click to show/hide)

500 shares of Dell @16.015
CD's of $1995

OAMP

Spoiler: Portfolio (click to show/hide)

20 shares of Google @485.02
CD's of $299.6

Azkul

Spoiler: Portfolio (click to show/hide)

100 shares of Lockheed Martin @80.01
40 shares of British Petroleum @42.16
CD's of $312.6

Virex

Spoiler: Portfolio (click to show/hide)

270 shares of LYB @36.88
CD's of $42.4

Vherid

Spoiler: Portfolio (click to show/hide)

328 shares of Adobe @30.47
CD's of $5.84

Fishymuffin

Spoiler: Portfolio (click to show/hide)

485 shares of Aluminum Corporation of China @20.41
CD's of $101.15

[Silent_Thunder]

121 shares of Mcdonalds at $82.25

Cost: $9952.25

Money Left $47.75

EDIT Oops forgot the ticker
NYSE:MCD

[Deadmeat1471]

121 shares of Mcdonalds at $82.25

Cost: $9952.25

Money Left $47.75

EDIT Oops forgot the ticker
NYSE:MCD

Approved! You are now the proud owner of 121 shares of MCD! Grats!

[OAMP]

20 Shares of Google at $485.02 please.

Cost = $9700.40

Left = $299.60

NASDAQ:GOOG

[freeformschooler]

500 shares of DELL (Dell corporation, NASDAQ) at 16.01

Cost: $8005

Left: $1995

[Deadmeat1471]

Buy 100 shares of Boeing @$74.16, costing $7416

Leaving me with a $2584 CD.

Symbol = BA
Exchange = NASDAQ

[Deadmeat1471]

500 shares of DELL (Dell corporation, NASDAQ) at 16.01

Cost: $8005

Left: $1995

20 Shares of Google at $485.02 please.

Cost = $9700.40

Left = $299.60

NASDAQ:GOOG

Both approved and welcome 

[Mr.Person]

Question: Can we purchase mutual funds? If no, can we purchase ETF's?

[Deadmeat1471]

I will make a post each day or couple of days about the current networth of each of our people, with the latest news report linked form the exchange for each of our companies. Also I'll mark the current leader each time.

[Deadmeat1471]

Question: Can we purchase mutual funds? If no, can we purchase ETF's?

If you explain to me the precise workings of mutual funds in terms of how we could use it here, yes 

By mutual fund, do you mean multiple players could buy stock together to share the risk? If so, a quick look at this makes me think we could include closed-end funds if you wish.

*I would say no to the ETF's though, it adds unnecessary complexity to our meager simulation   

**Note for future reference, I am not an economics graduate, nor have I never studied economics. If you can explain to me how to make a factor work and it doesn't include unnecessary levels of complications, I will include it!

[Mr.Person]

I will make a post each day or couple of days about the current networth of each of our people, with the latest news report linked form the exchange for each of our companies. Also I'll mark the current leader each time.

A mutual fund is a group of stocks, bonds, commodities, and other assest managed by a professional broker. You can trade them like regular stocks but only after the trading day is over. ETF's (Exchange Traded Funds) are the same thing but can be traded during the day. That's the short version. In either case, they both have stock tickers that work in the regular manner.

There are websites designed to play this exact game. They take care of everything from giving everybody money to buying and selling stocks to checking the prices and making comparisons to keeping track of dividends to even allowing other stock buying and selling commands (puts, calls, and options). It would also be a lot easier for you than having you check every single purchased stock every day or couple of days. I only say this because checking 40 stocks can take a loooooooongass time. And it only gets worse when a person buys more than one company.

[Deadmeat1471]

I will make a post each day or couple of days about the current networth of each of our people, with the latest news report linked form the exchange for each of our companies. Also I'll mark the current leader each time.

A mutual fund is a group of stocks, bonds, commodities, and other assest managed by a professional broker. You can trade them like regular stocks but only after the trading day is over. ETF's (Exchange Traded Funds) are the same thing but can be traded during the day. That's the short version. In either case, they both have stock tickers that work in the regular manner.

I'll look into mutual funds more tomorrow. It's getting late here

As for the maths - I wont be over complicating it and doing the maths isnt hard as I am using a spreadsheet program (Which all I have to do is change the stock price every day or so and report it.

Yeah I know there are some games, but this is a simple one and requires little effort on anyones part!

Also the exchange sites are very helpful, for the current stocks i just entered the symbols in all at once, and got a list of the prices. Very easy!

I will probably put everything on a daily or two daily post though, instead of the first post. Editing a first post over and over can get messy. For today though I'll leave it as it is.

[Mr.Person]

If that's what you want to do, go for it.

[Deadmeat1471]

========>Info

Just a note, the NASDAQ website has quotes from all the exchanges, which makes it simpler. If anyone needs to search their stock from multiple exchanges, suggest using that.

[Mr.Person]

You can also Google a stock symbol if you just want a fast quote or chart, although the NASDAQ site has that cool symbol lookup feature.