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Virtual LEGO Investing Game - Win Prizes!


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(4) 9476 = $234.28

(4) 9471 = $174.96

(2) 6860 = $169.92

(4) 6866 = $142.60

(2) 6868 = $175.44

(1) 9468 = $99.13

 

total = $996.33

 

Sorry, I don't get the same numbers as you.  I get:

9476 The Orc Forge 4 x $60.76 = $243.04

9471 Uruk-Hai Army 4 x $43.74 = $174.96

6860 The Batcave 2 x $84.69 = $169.38

6866 Wolverine's Chopper Showdown 4 x $35.65 = $142.60

6868 Hulk's Helicarrier Breakout 2 x $87.72 = $175.44

9468 Vampyre Castle 1 x $99.13 = $99.13        

TOTAL $1,004.55

 

You'll need to make an adjustment somewhere.

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If I understand this correctly then if I were to pick a set that retails for $40 but the current secondary market worth is $22 then I would only be 'investing' $22 of my virtual money? Not the best scenario for an example but I'm just trying to make sure I am following the rules.

 

Yep that's correct.  $22 for that set.

 

It's hard to replicate normal purchase prices at retail with the usual discounts.  Some of the current sets have a market value of under MSRP, which does somewhat factor in discounts that retailers have offered.

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6   41007 Friends Heartlake Pet Salon  33.47

12  79107 Lone Ranger Comanche  23.13

17  79108 Lone Ranger Stagecoach  30.63

 

I believe that comes to 999.09

 

Thanks. Entry Confirmed.

Total Investment = $999.09

Good Luck!

 

 

10x lego Monster Fighters 9468 Vampyre Castle

 

Thanks. Entry Confirmed.

Total Investment = $991.30

Good Luck!

 

 

2x 9474 - Battle of Helm's Deep - $318.96

6x 9471 Urak-hai army - $262.44

1x 6866 Wolverine's Chopper Showdown - $35.65

2x 3065 Olivia's Tree House - $71.18

1x 10197 fire brigade - $218.93

1x 79111 Constitution Train Chase $90.81

Total $998.97

 

Thanks. Entry Confirmed.

Total Investment = $997.97

Good Luck!

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ps, I sell for what they are in the u.k market and convert back to dollars at the rate they are at in 6 months.  Question, why does the value in my brickfolio say 20 quid, but when you view the item it says 9,  if need be i'll take 33 at the higher current price.

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Guest eightbrick

I am going to convert the US dollar into pounds, today's rate is $1000 = 603.25 GBP,  I'm then going to invest that 603.25 GBP on the U.K market price of 6866 Wolverine's chopper showdown, 66 @ 9.08 GBP = 599.28 ($993.6) . Those brickpoints are as good as mine.

I think when he said USD he meant from US data not just converted because Ed and Jeff are still working on getting the other regions up to speed. Not sure though. Grolim?

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You may want to increase the amounts of these to get close to $1000.  Everyone is starting with a $1000 investment.

 

I think people misread the rules..

 

"Winner will be determined by the highest % Net Return on Investment (ROI) from the initial $1,000 at the end of 6 months"

 

I don't need to spend $1,000 for the highest % return. The amount spent is irrelevant, what matters is how much your sets appreciate in value. Buying 1 Unimog won't net me a higher % return over buying 5 of them.

 

So I'm good, thanks. :)

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I think people misread the rules..

 

"Winner will be determined by the highest % Net Return on Investment (ROI) from the initial $1,000 at the end of 6 months"

 

I don't need to spend $1,000 for the highest % return. The amount spent is irrelevant, what matters is how much your sets appreciate in value. Buying 1 Unimog won't net me a higher % return over buying 5 of them.

 

So I'm good, thanks. :)

While you are technically right, I think the spirit of this contest is using 1000 as the "cost of investment", meaning your remaining unused $600 will drag your ROI down by 60%.

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I think people misread the rules..

 

"Winner will be determined by the highest % Net Return on Investment (ROI) from the initial $1,000 at the end of 6 months"

 

I don't need to spend $1,000 for the highest % return. The amount spent is irrelevant, what matters is how much your sets appreciate in value. Buying 1 Unimog won't net me a higher % return over buying 5 of them.

 

So I'm good, thanks.  :)

 

It's based on your % gain against your initial $1,000 starting amount.  Do what you want, but here's an example of how you aren't good:

 

(rounded for easy math and we'll pretend the sets double)

 

buy 1 Unimog for $200, sell one Unimog for $400

buy 1 Fire Brigade for $200, sell one Fire Brigade for $400

 

$400+$400+$600 you didn't invest = $1,400  for a 40% gain.

 

 

buy 3 Unimogs for $200 each, sell 3 for $1,200 total

buy 2 Fire Brigades for $200 each, sell 3 for $800 total 

 

$1,200+$800 = $2,000 for a 100% gain.

 

But do what you want.

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I am going to convert the US dollar into pounds, today's rate is $1000 = 603.25 GBP,  I'm then going to invest that 603.25 GBP on the U.K market price of 6866 Wolverine's chopper showdown, 66 @ 9.08 GBP = 599.28 ($993.6) . Those brickpoints are as good as mine.

 

I think when he said USD he meant from US data not just converted because Ed and Jeff are still working on getting the other regions up to speed. Not sure though. Grolim?

 

Yeah there is no conversions going on.  Market price is the $US market price sourced from US based sales.  Otherwise we could do all sorts of weird and wonderful things with the  Euro and Aus market prices as well.  Keep it simple.

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I think people misread the rules..

 

"Winner will be determined by the highest % Net Return on Investment (ROI) from the initial $1,000 at the end of 6 months"

 

I don't need to spend $1,000 for the highest % return. The amount spent is irrelevant, what matters is how much your sets appreciate in value. Buying 1 Unimog won't net me a higher % return over buying 5 of them.

 

So I'm good, thanks. :)

 

What Mos posted above is correct.  I'm just confirming that.

You don't have to invest the full $1k, but any amount left over will not earn profits, and conversely won't take any losses (some sets might go down!)

 

Happy for anyone to add small sets to their entries if they have enough remaining cash to do so. 

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It's based on your % gain against your initial $1,000 starting amount.  Do what you want, but here's an example of how you aren't good:

 

(rounded for easy math and we'll pretend the sets double)

 

buy 1 Unimog for $200, sell one Unimog for $400

buy 1 Fire Brigade for $200, sell one Fire Brigade for $400

 

$400+$400+$600 you didn't invest = $1,400  for a 40% gain.

 

 

buy 3 Unimogs for $200 each, sell 3 for $1,200 total

buy 2 Fire Brigades for $200 each, sell 3 for $800 total 

 

$1,200+$800 = $2,000 for a 100% gain.

 

But do what you want.

 

 

At least let him earn .5% (figuring roughly 1% annually) on his cash for the 6 months :shifty: .

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What Mos posted above is correct.  I'm just confirming that.

You don't have to invest the full $1k, but any amount left over will not earn profits, and conversely won't take any losses (some sets might go down!)

 

Happy for anyone to add small sets to their entries if they have enough remaining cash to do so. 

 

Well then I misunderstood. Thanks everyone for chiming in.

 

Unimog U400 8110: 4 @ $192.73 = $770.92

Fire Brigade 10197: 1 @ $218.93 = $218.93

 

Total = $989.85

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