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Messages - Andrew425

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271
DF Suggestions / Bushel, Cords and others in the use of trade
« on: October 14, 2012, 04:33:24 pm »
This idea is to to help ease trade in regards to the buying and selling at the trade depot.

All base valued items should be sold in batches rather then individual pieces.

This would save a lot of time when buying and selling these items from the trade depot.

Practically this would involve grouping stock resources together at the trade depot.

Perhaps 20 logs would equal a cord. 10 bags of wheat would equal a bushel. 20 bars of metal would equal a (Perhaps a half ton?)

I think this would be an easy addition to make and it would greatly help speed up the trading process.

Thoughts?

272
Life Advice / Re: Freedom 25
« on: October 08, 2012, 07:43:02 pm »
Quote
So what are you going to do, buy one share of each of those 500 stocks? At $10/trade that would be $5000 in broker's fees. Plus, not all stocks are priced the same. For example, google is trading at $756/share, wheres AGL Resource is selling for $40/share.  So...do you buy one share of each, in which case you're paying a $10 fee to buy AGL that's only worth $40 which therefore has to go up by 25% just to break even? Or do you buy an similar percentages of each stock? 500 different stocks, so have half a percent of your total investment in each. For example, 1 share of google is about $760, so buy $760 worth of each stock. 1 share of google @ $760, and 19 shares of AGL @ $40, etc. If you take this route, then even assuming google is the most highly values stock in the index (which I doubt) buying $760 worth of 500 different stocks would be $378,000, plus the $5000 in broker's fees.

I was planning on just buying stocks in the 30$-40$ range (as long as they meet my criteria)

So I set up an on-line brokerage account, with Scotia itrade. I have yet to put any money into as i'm quite hesitant about putting down real money.

The fee per trade is $30 so i'm wondering if you guys had any other recommendations for other online brokerage accounts. (Or if it's a good deal)

If that's the best I can do in terms of fees and stuff i'm thinking I won't be able to do day trading in the least and will have to go for longer holds.

I'm going to the book store in the next few days and I was wondering if anyone else had a good financial book to read.

273
Life Advice / Re: Freedom 25
« on: September 27, 2012, 07:14:45 pm »
What sort of calculations did you do that lead you to that?

I'm somewhat new at this but, if a investment company makes 5% on my money and then takes 2-3% of that I barely will make inflation.

What about seeing what they are investing in themselves and buying the larger companies that they are hedging their bets in?

How can you invest in a stock market index and isn't that riskier then investing in a single company?

274
DF General Discussion / Re: What gamemode do YOU play more?
« on: September 23, 2012, 03:43:29 pm »
Fortress mode.

I'm unable to do anything with adventure mode, can't find my way around and end up dead quickly.

So it'd be

99.5% Fortress
.5% Adventure Mode

275
Life Advice / Re: Freedom 25
« on: September 23, 2012, 03:36:16 pm »
Luckily I have no debt so that isn't an issue.

But as an abstract, if you owed $2000 at a super low interest rate of 1% would it be wiser to invest the money and use the profits to pay off the debt?

Mainiac: You seem to have much against trading stocks. Is this because of previous experience? How would you suggest making money with money?

276
Life Advice / Re: Freedom 25
« on: September 22, 2012, 02:26:15 pm »
Well the reason I started this thread was because I had a GIC worth some thousands finish.

When I went to the bank, they offered me the opportunity to get back into a new one that would pay me 1.8% per annum. When I asked what inflation was the bank advisor said 2%

She said it was a safe bet if I did that. So I walked away with my money and have been trying to find something to do with it.

A 8.34% return sounds fairly good to me as I have no real expenses as of yet so I (hopefully) don't need the cash any time soon.

Not that I would actually invest in it, but does Boeing look like a good deal to you if you wanted a 3-4 month holding?



Lord Bucket:

That is what I got out of that book as well and it has helped me look at purchases basically a waste because I could have used the money for something that would have made me more money.


Bouchart:

Thanks for the book advice I will look into them



277
Life Advice / Freedom 25
« on: September 18, 2012, 10:41:04 pm »
So after recently becoming an full fledged adult I got to the thinking of making money through the stock market and other passive type incomes and I had a few questions.

I currently own Rich Dad Poor Dad by Robert Kiyosaki, and "A beginners guide to Day Trading online" by Toni Turner. Are those authors credible?

What are some good books that you can recommend?

I've been checking out investopedia and so far my imaginary investments have been doing okay. Do you guys think that the market is too volatile to attempt to enter it right now?

Are there other markets you can recommend, along with a book or credible source?


So I have a plan to make some money on the stock market and I was wondering what you thought of it.

Find lots of big established companies that produce a decent profit every year that also pay dividends. Start tracking their 2-5 year cycles and then try to buy when the price is low, wait until it goes back up then sell it. If I accidentally buy a stock that is at a high point then just hang onto until the next cycle collecting the dividends. Big companies would be ones like P&G, Railway and large farming companies.

I hope using this plan to make above inflation on my money. Is this possible?

Thanks!

278
I'm west of the Rockies, Vancouver!

Also the only one.

279
General Discussion / Re: 3D Printing Thread: Would you copy a building?
« on: September 15, 2012, 01:27:43 am »
Can someone explain the difference between a 3d printer and a "normal" piece of manufacturing equipment at a factory save for the fact that it can change between objects easier?


280
General Discussion / Re: How do you view the wealthy?
« on: September 08, 2012, 01:03:11 am »
Well you guys seem to have different opinions and i'm wondering how much they are based on you current finical situation and how much would they change if their financial situation changed.

If a poor person suddenly got a massive pay raise, would they be ok with paying 50% of their money in taxes?

If a wealthy person lost his money would he have the same views as he did before about helping out the impoverished?

What is the main cause of poverty and what is the main cause of wealth?

For me it's ignorance and education. What about you guys?

281
Other Games / Re: Europa Universalis III
« on: August 19, 2012, 04:11:59 am »
So I just played a fairly fun game as England.

Formed Great Britain fairly early (1460s) Then I just sat around for 100 years building up my infrastructure. Converted to protestant so it delayed my ability to colonize as soon as I had hoped. After that I started colonizing the northwest of America and generally staying neutral towards the rest of the world. Around 70 years in Castille builds a bunch of colonies right next to my mature ones and immediately attacks me. My previously good Carracks get destroyed but I manage to escape with a white peace. Fast foward 20 years and I was ready to fight. I end up blockading all his ports and taking all his North American colonies 3 years before they become cores.

So I had 226 big ships by the end of the game. In my seaports I had an event that went off that allowed me to build all my ships in 1 day.

I fight France at the end, who has conquered a good chunk of the holy Roman Empire. Blockade all his ports and just wait. Slowly his war exhaustion crept up. Then his colonies all started to rebel. Then Switzerland decides it's a good time to take a chunk of France. I'm funding revolts keeping him occupied.

This goes on for the last 24 years of the game.


Though I did have a cool thing happen. At the beginning of the war France had a lot of troops in North America. We fight a battle in Quebec cored territory. My commanders last name was Wolfe.

I find this game has a lot to do with waiting until you have the majority of troops then annihilating the other guy. How do you guys manage to fight land battles against a far larger opponent?

282
Other Games / Re: Europa Universalis III
« on: August 04, 2012, 03:06:25 pm »
So I finished that game.

I had over 75 vassals and allies before I turned into the HRE.

I was pretty much rocking it.

283
Other Games / Re: Europa Universalis III
« on: August 03, 2012, 04:01:39 am »
So I managed to get some more vassals, and pass some reforms to get more vassals.

I fought a incredibly brutal war with France, (Nearly 220 of my regiments were destroyed) and I got them to give up Burgandy, Switzerland and Savoy.

I then made them my vassals. Bringing my total number of vassals and allies to 53.

I'm not sure I want to form the Holy Roman Empire now, as I can immediately call on my vassals to fight and win the wars for me. Burgandy, Bohemia and Bavaria are large enough to take on a full stack of French or Austrian enemies. I then can swoop in and fight a few decisive battles and then the rest of my vassals lay seige to every single province my enemy owns. If I form the Holy Roman Empire I will lose most of my vassals and I won't be able to rely solely upon them anymore.

Should I form the Holy Roman Empire? Or should I just continue to beat up France and Austria and have them release nations and then continue the great vassalization train? 

284
Other Games / Re: Europa Universalis III
« on: August 02, 2012, 01:10:48 am »
So I finally figured out who was voting for who, and it seems that i'm about 5 short. The majority of my votes come from my vassals (I have about 14 right now) If all goes right, in about 20 years I will have conquered a few more and hopefully will be able to pass the reforms and make myself GERMANMEISTER.

Is there a way to convince my vassals to join the holy roman empire? (Such as lithuania and some russian ones)

285
Other Games / Re: Europa Universalis III
« on: August 01, 2012, 04:52:51 pm »
So I started the game as the Teutonic order. Every war i've been in I have taken land and vassals. Now as Prussia in the year 1632 I am the emperor of the Holy Roman empire with 8 vassal. I can't seem to pass any reforms. Should I continue to vassalize people until I can?

How many vassals do you need to pass a reform?

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