Grolim Posted February 2, 2014 Author Share Posted February 2, 2014 Thanks people. It's been fun putting it together. My prediction is the bulk of us will loose a fair amount of value right away due to buying in at those historic December prices, and the $1000 cash guy and the Desert Skiffs will take an early lead. FWIW $1000 cash guy definitely starts at the top. I've just about finished a table that ranks everyone, which I'll post soon. Taking the start value and subtracting off the two fees. The $3 per set handling fee does hit a few people hard, the desert skiff guys in particular. The 12% fee is almost the same for everyone and really only reflects the amount of cash remaining a player has, the more left the lower the 12% fee. Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted February 2, 2014 Share Posted February 2, 2014 Thanks people. It's been fun putting it together. $1000 cash guy definitely starts at the top. I've just about finished a table that ranks everyone, which I'll post soon. Taking the start value and subtracting off the two fees. The $3 per set handling fee does hit a few people hard, the desert skiff guys in particular. The 12% fee is almost the same for everyone and really only reflects the amount of cash remaining a player has, the more left the lower the 12% fee. I noticed a few people had over 1000$ invested. How did that work? Quote Link to comment Share on other sites More sharing options...
Grolim Posted February 2, 2014 Author Share Posted February 2, 2014 I noticed a few people had over 1000$ invested. How did that work? Due to the Desert Skif price correction, see this post. Quote Link to comment Share on other sites More sharing options...
Grolim Posted February 2, 2014 Author Share Posted February 2, 2014 Here are the starting point 'results'. As each update to the price guide values gets updated I'll be able to update this results table. 7 Quote Link to comment Share on other sites More sharing options...
Migration Posted February 2, 2014 Share Posted February 2, 2014 Dude, I hope you get something nice for all the work you're putting into this. Quote Link to comment Share on other sites More sharing options...
TheOrcKing Posted February 2, 2014 Share Posted February 2, 2014 Here are the starting point 'results'.Hey cool, I'm number....66. Good grief, I really am surrounded by 6's. Haha.Dude, I hope you get something nice for all the work you're putting into this.Well, he's getting a bunch of 'likes' from me. :D Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted February 2, 2014 Share Posted February 2, 2014 Dude, I hope you get something nice for all the work you're putting into this. Grolim said before that he likes Data Entry. We all knew he was kind of an odd-ball. lol. 1 Quote Link to comment Share on other sites More sharing options...
brickolodon Posted February 2, 2014 Share Posted February 2, 2014 Thanks, great job.....So, 80% of participants (#3-#69) got only $66.64 difference ($869.36-$802.72) between them....filling strong. Me...lol Quote Link to comment Share on other sites More sharing options...
Alpinemaps Posted February 2, 2014 Share Posted February 2, 2014 Least expensive was $5.60, the 30106 Ice Cream Stand Ha! That was me. (At least, I think only me). Quote Link to comment Share on other sites More sharing options...
nolanfan34 Posted February 2, 2014 Share Posted February 2, 2014 Wow, thanks again for all of the work on this grolim! As I've said before, never had a contest before where I am rooting for so many other people to win, haha. Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted February 2, 2014 Share Posted February 2, 2014 I just saw the rankings. Good job Grolim. mikemcd is onto something. It will be hilarious if he ends up the winner Quote Link to comment Share on other sites More sharing options...
mr_cotta Posted February 2, 2014 Share Posted February 2, 2014 Thanks for all your work on this Grolim! This is going to be a lot of fun. Quote Link to comment Share on other sites More sharing options...
MartinP Posted February 2, 2014 Share Posted February 2, 2014 I just tried to pick sets at or near EOL and try to keep the total # of sets down to minimize the $3 per set penalty. I think I wound up with about ten sets total. Same with me. I looked at sets that are EOL are close to it, and decided which ones would be the best investments. For me, I mostly picked Technic sets that are EOL or are close to it. Of course I picked a Unimog for the contest along with a Fire Brigade, with some other stuff. Quote Link to comment Share on other sites More sharing options...
brickolodon Posted February 2, 2014 Share Posted February 2, 2014 Watch "BOSS KANE "I'M GOING FOR THE WIN" DIR. P.NOBLE" on YouTube Quote Link to comment Share on other sites More sharing options...
mudcatsfan Posted February 3, 2014 Share Posted February 3, 2014 6 months is not always long enough for sets to really show their value, so unless you picked something that is on shelves now, and wont be 5 months from now ( plus 1 month to reflect in prices), the $1000 cash entry will win. Sorry i missed out, as that was going to be my entry. Glad that fees are being put into play, that's what many brickpickers who only accumulate seem to forget. Quote Link to comment Share on other sites More sharing options...
LegoManiacc Posted February 3, 2014 Share Posted February 3, 2014 I have to disagree, no chance for that $1000 cash entry, even my lazy 9 JP's should beat that and I would think many others will smoke my entry. Quote Link to comment Share on other sites More sharing options...
terrymc4677 Posted February 3, 2014 Share Posted February 3, 2014 It's just a game, Focker! 1 Quote Link to comment Share on other sites More sharing options...
MartinP Posted February 3, 2014 Share Posted February 3, 2014 6 months is not always long enough for sets to really show their value, so unless you picked something that is on shelves now, and wont be 5 months from now ( plus 1 month to reflect in prices), the $1000 cash entry will win. Sorry i missed out, as that was going to be my entry. Glad that fees are being put into play, that's what many brickpickers who only accumulate seem to forget. I have to disagree. It all depends on the sets that members picked. I did a mix of sets that are officially retired and sets that are close to being retired. The hard part will be making enough money to break even with all the fees. After the fees are accounted for, i can see what my actual profit and ROI is. Quote Link to comment Share on other sites More sharing options...
TheOrcKing Posted February 4, 2014 Share Posted February 4, 2014 I have to disagree, no chance for that $1000 cash entry, even my lazy 9 JP's should beat that and I would think many others will smoke my entry.I wonder how will that simple $1,000 entry goes considering nothing was actually invested meaning nothing lost nor gained. How things turn out in the end will be interesting of course but considering the game here was about investing, it would be weird if the winning entry was the one that did not invest at all. Quote Link to comment Share on other sites More sharing options...
Grolim Posted February 4, 2014 Author Share Posted February 4, 2014 I wonder how will that simple $1,000 entry goes considering nothing was actually invested meaning nothing lost nor gained. How things turn out in the end will be interesting of course but considering the game here was about investing, it would be weird if the winning entry was the one that did not invest at all. Yeah. He's essentially invested in cash. Stuffing it under the mattress for 6 months and saying it'll be worth more than putting it into sets. Novel approach, and it'll be a cool benchmark to see how the other entries stack up against it at the end. Thinking next time we could even have some sort of Risk Free Rate of Return tied to bank interest rates or something and apply that to any cash remainder. Quote Link to comment Share on other sites More sharing options...
MartinP Posted February 4, 2014 Share Posted February 4, 2014 I am so happy about my investment choices now. LEGO Shop at Home has official retired some of the sets I picked. Hopefully, they see some nice gains over the next six months. Now, only if the Unimog would officially retire. Quote Link to comment Share on other sites More sharing options...
LegoManiacc Posted February 4, 2014 Share Posted February 4, 2014 Yeah. He's essentially invested in cash. Stuffing it under the mattress for 6 months and saying it'll be worth more than putting it into sets. Novel approach, and it'll be a cool benchmark to see how the other entries stack up against it at the end. Thinking next time we could even have some sort of Risk Free Rate of Return tied to bank interest rates or something and apply that to any cash remainder. Don't forget though, sitting on $1000 in cash, there's always the temptation to spend it on hookers and blow. That's a big risk that the rest of us do not have to deal with. 2 Quote Link to comment Share on other sites More sharing options...
terrymc4677 Posted February 4, 2014 Share Posted February 4, 2014 Don't forget though, sitting on $1000 in cash, there's always the temptation to spend it on hookers and blow. That's a big risk that the rest of us do not have to deal with. Unless we virtually fall off the wagon and break the virtual seals on our virtual investments for our own virtual use. That would virtually suck. 7 Quote Link to comment Share on other sites More sharing options...
Jojoyojimbi Posted February 4, 2014 Share Posted February 4, 2014 Unless we virtually fall off the wagon and break the virtual seals on our virtual investments for our own virtual use. That would virtually suck. i'm totally virtually building all 74 desert skiffs into a fleet of virtual desert skiffs and an army of virtual boba fetts who's a virtual badass and virtual lukes who's virtually a jedi but just lacks confidence .... virtually Quote Link to comment Share on other sites More sharing options...
TheOrcKing Posted February 5, 2014 Share Posted February 5, 2014 Well, I just virtually opened all my virtual Log Cabins to make a real sh*t shack that constantly keeps spontaneously combusting for no apparent reason. Fortunately, I also virtually built the virtual Fire Brigade down a ways from it as well. Unfortunately, all the virtual firemen are out on their coffee break so that sh*t shack didn't stand a chance. Now it's just a burnt outhouse. Quote Link to comment Share on other sites More sharing options...
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