All posts by Guardian Market
| Oct 19th 2007, 15:21 Guardian Market |
SL Capital Exchange Archive » JTIC : Dividend calculation Clarification Re: Dividend calculation Clarification |
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| I'd like to post some calculations here, and Arb, if you'd like to comment that would be beautiful. Theoretical investment of L$10,000: Cash Flows 10/8/2007: (L$10,000) (@IPO) 10/9 - 10/31: 10000*[(1.002)^23 - 1] = L$470.26 11/1 - 11/30: 10000*[(1.002)^30 - 1] = L$617.73 12/1 - 12/31: 10000*[(1.002)^31 - 1]= L$638.96 1/1 - 1/31: 10000*[(1.002)^31 - 1] = L$638.96 2/1 - 2/29: 10000*[(1.002)^29 - 1] = L$596.53 3/1 - 3/31: 10000*[(1.002)^31 - 1] = L$638.96 4/1 - 4/30: 10000*[(1.002)^31 - 1] = L$617.73 5/1 (or sometime after): L$10,000 Total Investment: L$10,000 Total Return: $14,219.14 Percentage Gain: 42.1914% Days: 205 APR: (1.421914)^(365/205) - 1 = 87.1497% Note that this does not discount the cash flows, so it's not complete a present value calculation. If I use a 0.1% per day discount rate, the rate of return turns out to be 20.83%, with an APR of 40.07%. Arb, any comments on these numbers? If correct, I think they could be used as a reference for investors. |
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| Oct 19th 2007, 17:05 Guardian Market |
SL Capital Exchange Archive » JTIC : Dividend calculation Clarification Re: Dividend calculation Clarification |
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| Well, due to the lack of an edit button, I can't take it out...however, I'll post the revision here :-) Theoretical investment of L$10,000: Cash Flows 10/8/2007: (L$10,000) (@IPO) 11/1 - 11/30: 10000*[(1.002)^30 - 1] = L$617.73 12/1 - 12/31: 10000*[(1.002)^31 - 1]= L$638.96 1/1 - 1/31: 10000*[(1.002)^31 - 1] = L$638.96 2/1 - 2/29: 10000*[(1.002)^29 - 1] = L$596.53 3/1 - 3/31: 10000*[(1.002)^31 - 1] = L$638.96 4/1 - 4/30: 10000*[(1.002)^31 - 1] = L$617.73 5/1 (or sometime after): L$10,000 Total Investment: L$10,000 Total Return: $13,748.88 Percentage Gain: 37.4888% Days: 205 APR: (1.374888)^(365/205) - 1 = 76.272% Note that this does not discount the cash flows, so it's not complete a present value calculation. If I use a 0.1% per day discount rate, the rate of return turns out to be 17.13%, with an APR of 32.51%. |
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| Oct 19th 2007, 17:20 Guardian Market |
General Investment Discussion » A possible solution Re: A possible solution |
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| What does their fee structure look like? I couldn't find it in my poking around on the website. Depending on the size, the fees (and there will be some, otherwise Virgin wouldn't exist) will kill any loans under L$X. Could provisions to pay in L$ be brought into this site? We're working within SL here, and I'm guessing many of the businesses that you bring to the table here will be SL-based. Why let LL take their fees to change the money from L$ to USD, then go through Virgin, then (possibly) go back from USD to L$? How do you intend to make this mandatory for doing an IPO? Equity is fundamentally different from debt, and this site runs debt operations as I see it. Are you intending to make CEOs eventually repurchase the entirety of their shares? If CEOs wanted to take out a small business loan for their SL business, I suspect they'd use a bank or their own RL income for it, and not bother IPOing. //Apologies - more questions than thoughts, as usual... |
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| Oct 22nd 2007, 14:57 Guardian Market |
SLCapEx Suggestions » Good 'Till Cancelled (GTC) orders Re: Good 'Till Cancelled (GTC) orders |
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| Hooray for the bump! Yes, you will lose your place in the queue, so to speak, but then again, so would anyone who has a big order "blocking" yours. Having to deal with larger orders is part of dealing in the market, both in RL and SL. I'm going to throw onto this fire that CURRENCY orders can be GTC, whereas stock orders cannot. Could that issue be addressed by someone in CapEx management, please? |
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| Oct 22nd 2007, 17:46 Guardian Market |
General Investment Discussion » 30 INVESTMENT TIPS Re: 30 INVESTMENT TIPS |
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| Comments: #25: Very true. I really don't think it's possible to consistently beat the market. Anyone who claims otherwise needs to have statistical proof to back it up. #26: Except for mortgages, where you can usually beat the rate that your mortgage costs you, even with tax incentives. This is why most save for retirement instead of rapidly paying off their houses. Also, I like the concept of DRIP (Dividend Re-Investment Plan) investing. It combines dollar-cost averaging with solid companies, so it's worth checking out. |
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| Nov 6th 2007, 14:13 Guardian Market |
General Investment Discussion » Entropia Re: Entropia |
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| I played Entropia for about three months and then quit. It's a hard game to turn a profit in, mostly because it's structured like a game (few winners, many losers) by MindArk, the maker. Dreamland has a currency exchange between the Linden Dollar and the Project Entropia Dollar (PED), which can facilitate doing business. Dimitri has the right idea though - if you want to make money in PE, you need to do it by making money off the other players. However, this usually takes a fairly hefty investment, and I don't know how about the return on investment for it. Maybe the other players can comment on that aspect of it. |
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| Nov 6th 2007, 16:45 Guardian Market |
JT Financials Discussion » Re-Thinking Daily Interest Payments. Re: Re-Thinking Daily Interest Payments. |
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| I'm going to suggest something that's mildly mathematically esoteric and may be difficult to program, but interesting none the less. Consider the idea of continuous interest. Imagine keeping a variable handy which always displays the last time a user made contact with the exchange/bank system (either through web access, in-world, or whatever). By subtracting the current time from this variable, you could see the length of time that has elapsed between now and the last point of access. Then, through some basic interest theory mathematics, you could credit the account with the amount of interest due at that point of time. This would create the illusion of continuous interest (persons with large balances might see an increase at each page refresh!) but could be made to be mathematically equivalent to a 0.1% daily or 1.0% weekly rate. However, it would NOT allow for the exploit that Amor is talking about. If someone deposited L$10,000 and withdrew it 15 minutes later, they would get 15 minutes worth of interest. While this is still able to be exploited on that level, it would be an improvement over the current system. Nevertheless, I'm an exceedingly bad programmer and so I don't know how easy this would be to implement. My L$0.02. |
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| Nov 7th 2007, 15:32 Guardian Market |
SLCapEx Suggestions » Good 'Till Cancelled (GTC) orders Re: Good 'Till Cancelled (GTC) orders |
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| Just wanted to bump this and say thank you for extending the time period to 30 days! | ||
| Nov 7th 2007, 19:20 Guardian Market |
General Investment Discussion » Entropia Re: Entropia |
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| Volitant: The thing about WoW and FF is that they don't actually allow selling of items for USD in their ToS, last I checked. Therefore, since you can't "legally" convert the game's items to USD, the game makers aren't concerned about letting you have a healthy profit on your playing...in their fake currency. In Entropia, however, you can easily convert PED to USD (at a rate of 10:1). Therefore, MindArk is much more careful about who they let have money, and with what frequency. I wouldn't call it any more rigged than a craps table, but it's definitely not in the player's favor. Some forums suggest that, as previously mentioned, new players will be given a large prize early to make them continue to level and play...however, that's half conspiracy theory as well. If you want to make money in Entropia, you have to make it off the other players, plain and simple. ...not that it can't be done, I just don't have the patience for it. If you all do, go for it! |
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| Nov 17th 2007, 18:46 Guardian Market |
JT Financials Discussion » Failed to withdraw my money Re: Failed to withdraw my money |
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| File a support ticket - that's usually the fastest way to resolve these issues. http://www.slcapex.com/support I've had this problem before, too. It's not uncommon, and it should be fixed pretty quickly. You might want to give the SL grid a little time (8 hours or so), just to make sure you don't get the money later today/tomorrow. |
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