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Should've been "10,000 stocks"* not "H$10,000." AND

Posted by: Perfection on Sep 22, 19:04 in response to Perfection's post No. You WILL NOT get H$77M back. You keep syaing 77M. We...

thanks, no need to be sassy. I know math. If you want to tell me to do it, at least look at it from the right perspective. Plus, EVEN if it were to cash out at 77M, and it cost 23M, the DROI would work out to be the same. This gain only works out to a bit over 1.3% increase per day. This is not outstanding. Hell, even with my port only being valued at under H$14M right now, I bet I will be able to surpass H$100M by February. Even this only requries a 1.7% DROI. There are simply investments with better DROIs. However, BONDS is a great invest for those who have an extra H$200K lying around, which I understand is a majorty. However, I daytrade, so all my funds are occupied being that my port is small.

Studio Fund Cashouts (thanks to all the managers!) Antibody Sep 22, 12:12

maybe create a mini-major fund next time (Summit, MGM, TWC, Overture, Lionsgate)? {nm} Moviesnob Sep 22, 12:16

I thought about that, but it would overlap with the Independent Fund. {nm} Antibody Sep 22, 12:18

MGM fund needs to go away then. or be on hiatus. So, I'm curious, would Juno not be eligible for the inde fund? {nm} Moviesnob Sep 22, 12:21

looking on the calender, it seems the funds re-list next wed., all except for mgm islander Sep 22, 12:24

So right now there are exactly 25 funds...guess which is the 25th most widely held? Could it be... StarBondFund Sep 22, 12:36

Don't think it totals out to 77M for investors, or I'm sure everyone would buy it :p I had just sold off my shares of bonds this morning. Perfection Sep 22, 12:44

This is not to say that the fund isn't worthy of investment. Quite the opposite actually. {nm} Perfection Sep 22, 12:48

Ok...do the math.....Currently about 23M....cash out at 100M....profit about 77M.... the investment of 230K is chump change for most ports. StarBondFund Sep 22, 13:08

H$77 in price increase X 10,000 port shares = H$770,000. Still the most reliable increse for a fund, if one has extra cash laying about. {nm} edzep Sep 22, 13:13

No. You WILL NOT get H$77M back. You keep syaing 77M. We are not the fund managers. H$1M equates to H$1. A change of H$77M with H$10,000 Perfection Sep 22, 18:57

Should've been "10,000 stocks"* not "H$10,000." AND Perfection Sep 22, 19:04