Commission for Buying/Selling Stocks

[Veranor]

As a small measure to discourage using the stock market as a place to store money, a fee when stocks are sold or bought.

Just throwing it out there.

[Slasher]

Naaa that would be unrealistic me thinks...

And also stocks are really a gamble 'cause you might lose money if you buy the wrong shares......

[IFman]

I say it's a great idea. I say 10% of money used to but stocks should go to the cause


remember, there is such thing as a bank and a trerasury

[Slasher]

remember, there is such thing as a bank

...and a treasury

[Veranor]

Naaa that would be unrealistic me thinks...

And also stocks are really a gamble 'cause you might lose money if you buy the wrong shares......

In real life you often pay a commission.

[Ruddertail]

This isn't real life. Though it's not a bad idea. However, comdined with a limit on storing/recalling troops, it would make hawk looting a a lot weaker. Not neccesarilly a bad thing, but we don't want to go overboard.

[Veranor]

This isn't real life. Though it's not a bad idea. However, comdined with a limit on storing/recalling troops, it would make hawk looting a a lot weaker. Not neccesarilly a bad thing, but we don't want to go overboard.

Well he said it was "unrealistic" and I was trying to say that it is indeed realistic.

[gondor]

well i have a idea y dont you make it so you have to wait a day befor you can take it out

[Ruddertail]

This isn't real life. Though it's not a bad idea. However, comdined with a limit on storing/recalling troops, it would make hawk looting a a lot weaker. Not neccesarilly a bad thing, but we don't want to go overboard.

Well he said it was "unrealistic" and I was trying to say that it is indeed realistic.

Yes, of course. I understood that. But you also said in real life, so I just had to slip that little hint of a joke in...

Gondor, can you cut down on the smiles, please? The only time you really need to use that many is when you're posting in the spam section... As for one day, well, that's not so bad. I don't mind waiting one day, I save up for more then just one day before I buy start buying out the market anyway. So if we want to hurt that, we need to make it a comision. That way, people don't put money on and take it off much, they want to put some in, and leave it in untill the end.

[Zephyrus]

A commission would only hit hard day traders using it for temporary storage. Those using it as a second bank for end of round see nothing new.

[Ruddertail]

Still some lost via pulling it at the end...

[bjornredtail]

An idea-
Before you can invest the money, you must first move the money into a "brokerage account" (rember, we are talking about a stock market from the view of the individual invester) Any percentage based fee is charged either here, or when you move the money out (capital gains tax?). Trades made from within the account are charged a nominal and flat fee. Also, you can delay the movement of money to and from the account without efffecting tradeing. Finally, it lays the groundwork for things like margin and shortselling.

[Ruddertail]

Hmm. Sounds good. With something like this, you could possibly do something with making prices of stocks go up or down bassed on the amount of money invested in them, becuase you could put limits on it so people can't buy a bunch of stocks at low prices, then sell them as the prices jump due to all the money invested, then buy again when the prices plumet. With this, you could cap the max amount of that can be traded in at one time, and prevent this from happening.

[bjornredtail]

Well, in the end I want a Railroad Tycoon II style stock market, except with a somewhat more realistic day-tradeing scene. Say, two distinct markets of volitile stocks (prices updated every 10 minuates, with the turns), with a high, but limited number of shares (fill or kill anyone?), advanced finiancal operations (margin and shortselling), and defined opening and closeing times (No tradeing while the market is closed... but then the other market opens, so at all times you can pricipate). This would be in addation to our current, more dosile stock market, and perhaps a futures market based on the public market (if we can convince people to use the thing).

[Ruddertail]

Neat. So our current market would sill provide more of a bank/slow gain thingy, while this would require active observation and activity? So much for not spending so much time on the comp... Still, sounds really neat.