| Mueller (Golden Rainbow) | Tuesday, June 10, 2008 - 05:28 am 
I've noticed some asshat moves on my countrys automatic buying of shares on the market.
It's bought some shares at 7,000SC$ that are now worth 3.50SC$, that's a asshat move in my opinion.
How do I limit how much the automatic share buying will spend on any one individual corporations shares?
For example, I'd like to limit my countries automatic buying of shares to spend no more than 500SC$ per share. How do I accomplish this?
I ask because the majority of the buying my country has done in the auto share market are about 75% buying higher and now worth a fraction of what was paid for it. So in essence a money pit and losing money instead of gaining money.
Thanks, |
| Si_Attica (Kebir Blue) | Tuesday, June 10, 2008 - 06:42 am
Same thing here on KB - galactic recession maybe?
I very much doubt there's a way to do what you want; I've just turned off the auto-buying altogether, on the basis that it's better to have your money under the mattress doing nothing than stuffing it down the drain. |
| Angus88 (Little Upsilon) | Wednesday, June 11, 2008 - 10:25 pm
It doesn't matter. The investment funds in your countries aren't using your own cash, it represents shares owned by your sim people. Also you will find that shares in a corporation cost $7000 then lower to $3.5 and the corporation is still functioning, then it would have created a massive share split, the total value of the investment in that corporation will be the same if not larger then your original investment, the difference will be you own more shares directly proportional to the decrease in value of the share price paid (eg if you buy 100 shares for $1 giving you a total investment of $100, then a share split occurs that causes the share price to lower to $0.50 you will find you now have 200 shares giving you a total investment of $100(excluding non artificial decreases in this price due to lowering corporation profitability)). If your referring to country portfolio targets then the that automatic system only buy shares that have a low P/E ratio, meaning they only invest in shares that are safe to say they will increase in value. They sell shares when the P/E ratio increases they generally make a profit providing they can offload the shares.
Countries can only buy shares in corporations that are in their country or were in your country when you bought shares in it (a CEO can move a corporation out of your country and if you invested in its shares you will own shares in a corporation not in your country) so you will have a bit of control over the profitability of these investments. Also you have to initiate a share transaction for the automatic systems to take place with your countries investment, so if your country has lost money its your own mistake. Other wise it doesn't matter if your citizens blow their pension in a bad investment. |
