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Tomlinson21RB
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So I started off thinking about the C-Note part of the old beckett magazine where people would get an imaginary $100 bill to buy whatever they wanted. I used to enjoy seeing the different cards people would pick to use up the $100. That got my thinking as to what I'd use it on both as a player/set collector and as if I was going to invest it. Then I thought about the fantasy investing games that you can play on different sites and thought about combining the two ideas.
This might be a dumb idea, but it could be fun too.
1. Each of us starts with an imaginary bankroll of $100 (we could change it, but I'll use $100 to explain the game).
2. We then choose how to use that imaginary $100 on basketball cards of our choosing. I think the best way to do this is to use ebay completed auctions to get values, but I think it would have to be an average of the last few completed auctions so we can't just cherry pick the cheapest auction for the card. You complete your investment portfolio once you use all of the $100.
3. At the end of each week you average the last 3-5 auctions for each card in your portfolio and update the current value of the portfolio. You may then make a limited number transactions per week selling cards for the calculated value and reinvesting in new completed auctions. Buying cards would be free, but selling would include a charge of $0.50 or $1.00.
4. We continue this either for a specific time frame or until people get bored and see who's portfolio value has grown the most and who gets the "horse's ass trophy" for biggest loss in value.
Any thoughts? Anyone interested in trying this out?
This might be a dumb idea, but it could be fun too.
1. Each of us starts with an imaginary bankroll of $100 (we could change it, but I'll use $100 to explain the game).
2. We then choose how to use that imaginary $100 on basketball cards of our choosing. I think the best way to do this is to use ebay completed auctions to get values, but I think it would have to be an average of the last few completed auctions so we can't just cherry pick the cheapest auction for the card. You complete your investment portfolio once you use all of the $100.
3. At the end of each week you average the last 3-5 auctions for each card in your portfolio and update the current value of the portfolio. You may then make a limited number transactions per week selling cards for the calculated value and reinvesting in new completed auctions. Buying cards would be free, but selling would include a charge of $0.50 or $1.00.
4. We continue this either for a specific time frame or until people get bored and see who's portfolio value has grown the most and who gets the "horse's ass trophy" for biggest loss in value.
Any thoughts? Anyone interested in trying this out?