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Forums - Website Topics - How Do I Join VGC Pro? Please no flamers

Soleron on 04 March 2011
Yakuzaice said:
...

You'd have about $36 not $1000 if you had invested one dollar in Apple ten years ago.    Also if you had invested before the stock tanked in 2000 you wouldn't have recovered your initial investment for about four years.

Also I don't think Rocksteady is publicly traded.

This. It's easy to look back and say "Well I knew it would make so mcuh money", but if you had invested a reasonable amount of money ($100, or $1000) and the company had gone bust, or your prediction failed, or any number of other events, you could have lost it.

The reason banks make money from the stock market and people never do is because they have such a large reserve they can invest in everything, and if everything busts at once then the people who profited during the up times are never held personally financially responsible. Or even the bank gets bailout money to cover for bad decisions.



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Michael-5 on 05 March 2011
Kantor said:
Michael-5 said:
Kantor said:
Michael-5 said:

Ugh, the way internet sites go. Well VGChartz was a smart idea, and a well built system. Whoever made this site was bound to cash in sooner or later. Sucks for me, Lamborghini for him.

Har. With the site's revenue, he needs to pay his own salary, Chris' salary and various amounts of money to different people (including myself). He needs to pay for bandwidth to keep the site running. He needs to subsidise the cost of attending conventions. He needs to pay for the costs of tracking data (because it does cost money).

He's not doing this for the hell of it, he's doing it to bring in revenue that the site needs.

Yea, but do you really need to charge the rumored $1,000 a person? That's a lot. Also, advertizing generates a substantial amount of cash. I think the site could remain afloat without subscriptions. They could at least not limit the data we had acess to for free before. I understand about charging for extras to pay for costs, but it sucks that old data is now severly limited.

Advertising brings in  lot of revenue? Join gamrFeed and you'll see how much revenue advertising brings in >_>

Can I? I already keep track of weekly sales in a bit more detail then the weekly analysis section.



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Michael-5 on 05 March 2011
Yakuzaice said:
Michael-5 said:
darthdevidem01 said:

LOL Kantor you didn't know what flamer meant in forum talk?

OT:

ITs being launched next month right, so there;s time till then, thats probably why you got no reply back yet.

BTW I'm curious, by investments do you mean stocks?

Yes stocks. I've only made a few investments in the past, but I want to make bigger ones in the future. It's easy to see long before a game is released, if it will be a good quality one. Batman for instance by RockSteady studios. Had I invested in Rocksteady, I could have returned double my dollar. Apple grew 1,000 times since 2001, and I knew the ipod was going to be big. Had I invested in Apple in 2001, just $1, I would have profited $999 now. Imagine what a $1,000 investment would have made. Realistically I would have invested in Apple in 2004, but still! I think thats still a 10-50x growth (Haven't seen the chart in a while).

You'd have about $36 not $1000 if you had invested one dollar in Apple ten years ago.  After trading fees and taxes you'd probably come out with about $10.  Of course when you're actually trading decent amounts the transaction fees are more negligible.  Also if you had invested before the stock tanked in 2000 you wouldn't have recovered your initial investment for about four years.

Also I don't think Rocksteady is publicly traded.

My point with Rocksteady was that if you find a new or unheard of developer like that, which is publicly traded, ca-ching! I don't do stocks to make a fortune, just for fun, and I want to get more into it. If it can pay for my video game expenses, I'll be more then happy.



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Michael-5 on 05 March 2011
Soleron said:
Yakuzaice said:
...

You'd have about $36 not $1000 if you had invested one dollar in Apple ten years ago.    Also if you had invested before the stock tanked in 2000 you wouldn't have recovered your initial investment for about four years.

Also I don't think Rocksteady is publicly traded.

This. It's easy to look back and say "Well I knew it would make so mcuh money", but if you had invested a reasonable amount of money ($100, or $1000) and the company had gone bust, or your prediction failed, or any number of other events, you could have lost it.

The reason banks make money from the stock market and people never do is because they have such a large reserve they can invest in everything, and if everything busts at once then the people who profited during the up times are never held personally financially responsible. Or even the bank gets bailout money to cover for bad decisions.

97% of peopl who invest in the stock market loose money, 2% stay even, and 1% gain what those 97% lost. Your also right, it's easy to look back and say (I could have done better). Also I think I meant to say $100 for Apple, not $1,000, so any investment made in 2,000 wold have gone up considerable.

I only invest in stocks and go to casino's once in a while for fun. I'm hopeful that I make money, but I expect to loose everything I invest. So I only ever invest small sums (Usualy <$100), and generally I make a small profit because I rarely take risks.

It's fun predicting a games success, isn't the reason why most people joined this forum to predicts or analyze the success of their favorite games, or just new games on the market?



What is with all the hate? Don't read GamrReview Articles. Contact me to ADD games to the Database
Vote for the March Most Wanted / February Results

Mindmagestic on 07 March 2011

Hello,

 

Can Anyone tell me why I cannot see total sales by publisher top 30 ? I see only only the top 5...

Is there any coincidence with the next release of the pro version ?

Could it be possible to enhance my user profile ?

Best regards