VGCollect Forum
General and Gaming => General => Topic started by: seether on August 19, 2018, 08:14:39 am
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Imagine that dividend passive income
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Oh cool, you're back.
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As we have told you before, fiscal responsibility and owning video games are not mutually exclusive things.
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You don't understand video game collecting or the stock market do you?
You seem to have this fixation about the cost of video games, they're depreciation, and using them as investment tools. If this is truly why you are in the hobby, I can tell you you're definitely in the wrong. And unless you are pretty rich already, good luck making any real money in the stock market. We are fully into a Bull market, bordering a bear market, the DOW is over 25k, and many of your better performing stocks are very expensive.
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still at 24 games i see
Guess your taking the money spent on shares thing pretty seriously ::)
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Oh, I can tell you EXACTLY what would have happened if I bought stocks instead of games.
See, I have a tiny chunk of stock in US Bank. My grandpa bought it for me & my siblings when we were babies (he worked for them.) My brother and sister sold theirs as teens to pay off some financial issues, but I still have mine. Used to get checks once a quarter for $35. Then the housing market bottomed out. The next check I got was for $3.50. Even now, over 15 years later, It's only recovered up to $20ish a quarter.
So- I would have started off putting more money into my existing stock in US Bank, with the intent to diversify once the gains were high enough, only to lose 90% of my value in the space of a few weeks. I know my game collection has not gained in monetary value, but I sincerely doubt it's ever been down 90%. More importantly, the entertainment value has never decreased, which is why I keep the things around in the first place!
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still at 24 games i see
Guess your taking the money spent on shares thing pretty seriously ::)
Bruh I was looking in charity stores for games just last Saturday, all they had were sports titles
Life
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https://www.youtube.com/watch?v=NDe13n_WpQA
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What if you spent your time and energy making friends and doing things you liked instead of trolling our forums?
Huh, you might actually be happy.
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Oh cool, you're back.
LOL I second that
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I imagined the dividend passive income and got bored.
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Wow I was beginning to think you were either seriously hurt or maybe you were just happy cause you won the lottery or something welcome back.
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Actually, if you take into consideration how the prices for retro games have been raising in the last decade, in reality, I’m not sure if buying stocks would have been a much better investment
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I’d probably be house poor and sit bored all day in fear of not being able to spend money on things I might enjoy.
Gotta find the right saving/spending ratio that works with your budget.
I don’t follow the stocks well enough to stray beyond mutual funds, but the ones I have do about 10% on average.
Many games I’ve sold over the years have made well over that average. It’s kinda like getting free games to me.
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What if you spent it all on cocaine and hookers?
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This guy takes financial class in freshman year high school and thinks he knows everything about the stock market now. Great. You're comparing apples to watermelons.
But yeah, anyone that plays the stock market is a grade-a moron and is a very egotistical person. Stick with a good paying job, don't live above your means, learn to live without things and I guarantee you will be richer than any loser on the stock market.
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What if you spent it all on cocaine and hookers?
Now that's a good investment
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What if you spent it all on cocaine and hookers?
Now that's a good investment
I don't see any flaws in that plan either
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I will actually dignify this with a response because my 2 passions are video games and playing the stock markets. so as for you seethe you would be lucky to have even gotten 1 share of a company that is worth anything. extract out the market we are currently in and you will realize that although not impossible to find higher dividends you are only looking at 2-3% yearly return for your 1 stock. so your prospects for making money are slim to none. (probably $.40 a year)
where as someone with a decent collection like mine if they were to liquidate it and do the same thing I could easily make ~$150-200 Quarterly (600-800 yearly) in safe dividends. and that is only valuing my collection a decent amount under its true value (quick sale). with that same money in any stock (not just dividends) I would could easily bring in $7000-8000 yearly (my 8 year track record is ~38% yearly return)
the amount of time and effort it takes to learn about all the stocks that will actually make you money is something typically only people who care a lot about stocks will put into it. if your looking to start though take something you are passionate about and read into it. find a publicly traded stock in that field and pour over their numbers in their yearly statements. how I started was a purchase of a game company really before I knew what numbers to actually look for so I ended up loosing 5% not enough to discourage me but enough to hurt the little amount I had. take every lose you have and specifically learn something about it.
If Your not willing to spend at least 5-10 hours to pour over a company's earnings reports then you probably shouldn't be investing in them by yourself.
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What if you spent it all on cocaine and hookers?
Now that's a good investment
I don't see any flaws in that plan either
I love a sexy party.
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What if you spent it all on cocaine and hookers?
Sounds like an average day here at VGC HQ.
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What if you spent it all on cocaine and hookers?
Sounds like an average day here at VGC HQ.
Ohhh so that's where all my Pro Supporter money has been going. :o
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Worst case (and most likely) scenario I'd be poor and miserable, best case scenario I'd be rich and miserable.
I'd rather live life enjoying the things I love.
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What if you spent it all on cocaine and hookers?
Sounds like an average day here at VGC HQ.
Ohhh so that's where all my Pro Supporter money has been going. :o
lol! ;D
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What if you spent your time and energy making friends and doing things you liked instead of trolling our forums?
Huh, you might actually be happy.
I remember a topic awhile back where he responded to a question stating something along the lines of being disinterested in collecting or playing video games anymore. I'm not sure what's the point of hanging around a video game forum if you aren't interested in the very thing said forum is about.
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What if you spent it all on cocaine and hookers?
Now that's a good investment
I don't see any flaws in that plan either
I love a sexy party.
That’s my kind of party.
But any party I’m at is instantly a sexy party.
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I remember a topic awhile back where he responded to a question stating something along the lines of being disinterested in collecting or playing video games anymore. I'm not sure what's the point of hanging around a video game forum if you aren't interested in the very thing said forum is about.
I may have said that in another thread to back this up. I still play video games but not as much as most of you guys I watch a lot of tv and listen to even more music than anyone else in the world probally
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I put zero dollars into shares and now my shares are worth more than my video games.
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With the free time and money opened up from lack of playing video games, I would have become a frugal entrepreneur since birth. I'd have amassed a sum great enough to have had invested millions of dollars into Tesla shares when the company was in it's infancy dethroning Elon Musk in a few years time. I would have owned about 2 dozen fortune 500 companies by age 15 and been given the nobel peace prize for finding the universal cure for autism.
(https://www.pharmaceutical-journal.com/Pictures/580xAny/6/3/6/1070636_electroencephalography-close-up-16.jpg)
With all the global recognition and outpours of happiness, I would have tripled my earnings through racketeering and villainy of black market tax exempt enterprises with everyone distracted like any rich politician would turning my previous pathetic 39 billion into quadrillions of USD and overpowered Jeff Bezos as richest man in the world by this time. Mostly by making money off of wars. Most of which self influenced through ties on a congress level. I would have lost to Trump in the 2016 election but spent every dollar since on making a vengeance doom day scenerio and stealing secret confidential files from the DARPA net, making scientific military militias that only a sci fi film could muster millenium beyond current civilization and making hydrogen rockets capable of integalactic travel to wage space warfare and take down the entire grid.
I'd perform multiple sophisticated compelx DDOS attacks on some of the most complex data networks in the world. Eventually building complex rocket launchers from cold war blueprints. In turn launching hydorgen nukes at both the moon and the international space station causing world war 3.
(https://img1.grunge.com/img/gallery/points-in-history-that-almost-caused-world-war-iii-to-happen/intro-1518558881.jpg)
I'd have used systemtic racism as a tool to spread propaganda leaflets and Nazi style brainwashing tactics to turn inner society against eachother even more so then it is now while simoultaneously making the people loathesome of their government on a new level. Both in Europe and US. Eventually i'd have had so much power of the people that they'd do anything I command and revere me as a savior of sorts from the wars that are waged inside of their sub concious minds. The fear or what lies behind the curtain. The self evident truth they hide from us. Who could they trust afterall? The man who grabs people by the kitty kat, the woman who takes funds from people who behead gays? or the guy who cured autism..... And i'd lie to the people with that politicians smirk they all have. But although I had selfish ways, I would put the people as a forefront of my indeavors and it would be a visible reality of what really is. Something they were never given.
As the world crumbles in darkness, a pit would crack in the earth, it's the raputre the bible spoke of. The innocent are being saved. They'll get sky box seats and all access VIP pass to watch the show.
(http://media.beliefnet.com/~/media/photos-with-attribution/faiths/end-times/rapture.jpg?h=318)
But the majority remain, unfree from the lucid nightmare we all will swim through, a nightmare so large it has garnered the attention from demi god immortals from the "other" side.
As a propganda mastermind, my militia's governmenting would convince the people that the rapture was not of god, it was of us. We are god afterall. They'd believe us. We can turn water to wine, poor into rich, the sick into the cured.
I'd have had teams of twisted WWIII scentists working on chemical irrigation systems that repurpose blood to main organs reviving them after years of dormancy to ressirect the dead as undead super soldiers to dump endless raining fire at opposing opposition, first practiced and attempted by Soviet Russians in 1943. The blueprints would be simplified, mastered and done so a assembly line of science engineers, the most brillaint minds of today could endlessly create undead soldiers to form a inner zombie apocalypse in conjunction with the ongoing war. It'd be a complex revision of the rabies simplex but pushed to new boundaries. Of course with some cellular mutation....
(https://i.pinimg.com/736x/a1/f3/32/a1f3328576014fd26850373280bf1180--zombie-art-tattoo-studio.jpg)
Eventually both US and Japan would surrender from the terrors. Forced to wage undead warfare with millions of zombies for the rest of time like an endless walking dead marathon. But i'd rescue the ones pure of heart. The misfit children who weren't saved by the golden glow. While I would have already had a giant island of perfect people, of the most physical perfection. Rated on both intelligence, attractiveness, physical fitness and creativity levels to form a genetic anomoly and to make a borderline pedigree perfect gene pool. I'd continue with Space X mission and travel to Mars to live with my new master race of people and all those who could come. Where we'd traverse the stars and wage wars on other planets.
(http://www.breakingtravelnews.com/images/uploads/miscellaneous/Introducing_Oribiter_of_the_Seas.jpg)
If only I hadn't bought them damn video games........