Grolim Posted January 22, 2014 Author Posted January 22, 2014 I have had a few via private messages as well, so feel free to send them in that way if you want to keep your picks hidden for now. Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 (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. Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 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. Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 Put me down for 20- 7937 train station 49.99 cool idea!!! Thanks. 7937 Train Stations are currently priced at $59.25. We are using the current market price rather than the MSRP. Quote
seapotato Posted January 22, 2014 Posted January 22, 2014 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 Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 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! Quote
vladybro Posted January 22, 2014 Posted January 22, 2014 5 x 6873 = 191.95 5 x 6860 = 423.45 4 x 79111 = 363.24 Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 5 x 6873 = 191.95 5 x 6860 = 423.45 4 x 79111 = 363.24 Good to see a first time poster Thanks. Entry Confirmed. Total Investment = $978.64 Good Luck! 1 Quote
dman2900 Posted January 22, 2014 Posted January 22, 2014 (4) 9476 (4) 9471 (2) 6860 (3) 6866 (2) 6868 (1) 9468 Lets try this then....... Quote
glenbart Posted January 22, 2014 Posted January 22, 2014 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. Quote
glenbart Posted January 22, 2014 Posted January 22, 2014 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. Quote
glenbart Posted January 22, 2014 Posted January 22, 2014 needless to say, I haven't seen one not sell for over 40 GBP. Quote
Guest eightbrick Posted January 22, 2014 Posted January 22, 2014 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? Quote
gregpj Posted January 22, 2014 Posted January 22, 2014 This is a great idea... My investment: Unimog U400 8110 $192.73 Fire Brigade 10197 $218.93 Total = $411.66 Quote
exciter1 Posted January 22, 2014 Posted January 22, 2014 This is a great idea... My investment: Unimog U400 8110 $192.73 Fire Brigade 10197 $218.93 Total = $411.66 You may want to increase the amounts of these to get close to $1000. Everyone is starting with a $1000 investment. Quote
gregpj Posted January 22, 2014 Posted January 22, 2014 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. Quote
Guest TabbyBoy Posted January 22, 2014 Posted January 22, 2014 3x 6858 Cat Cycles 11x 10230 Mini Modular Close to $1000 allowing for exchange rates. Playing for real as I actually have those! Quote
Jingle and Jangle Posted January 22, 2014 Posted January 22, 2014 Not part of my current collection, but based upon the 6 month time frame: 10 X 9449-1: Ultra Sonic Raider: $641.30 5 X 70006-1: Cragger Quote
tonysbricks Posted January 22, 2014 Posted January 22, 2014 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%. Quote
Mos_Eisley Posted January 22, 2014 Posted January 22, 2014 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. Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 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. Quote
Grolim Posted January 22, 2014 Author Posted January 22, 2014 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. Quote
hepcatpunk Posted January 22, 2014 Posted January 22, 2014 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 . Quote
gregpj Posted January 22, 2014 Posted January 22, 2014 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 Quote
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