The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: Heckler on March 27, 2016, 10:20:45 AM
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And.... Go!
http://qz.com/487013/this-game-will-show-you-just-how-foolish-it-is-to-sell-stocks-right-now/
Who can beat it?
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2/10 tries beat the market for me. Awesome visualizer.
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I think it's fun to play with. Unfortunately this isn't all that great a tool to convince people that timing the market is hard because you're only making decisions based on price, not based on other factors that people can use to make a decision on whether they should buy or sell (such as P/E ratio).
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I think it's fun to play with. Unfortunately this isn't all that great a tool to convince people that timing the market is hard because you're only making decisions based on price, not based on other factors that people can use to make a decision on whether they should buy or sell (such as P/E ratio).
Yes, a similar game based on a P/E graph could be fun too.
I can't beat this, but I can match it almost every time by just hitting sell and buy as fast as i can right at the start, effectively using the game to index.
Sell your children for cash, facepunch Robert Shiller, and buy, Buy, BUY!!
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came within 64$ of what it could of been so not so bad. Fun but yea..Timing is a losers game
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I beat it first try. I didn't do anything special. It was going up and then flat for awhile. Sold. It went up a little more and then it dropped. As soon as it dropped a decent amount I bought back in before it went back up.
Would I encourage this? No...
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I beat it first try. I didn't do anything special. It was going up and then flat for awhile. Sold. It went up a little more and then it dropped. As soon as it dropped a decent amount I bought back in before it went back up.
Would I encourage this? No...
Try it ten times. 🤑
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Great visualizer. I wonder what the effects would be if you could pick your 'buy' point first and then your 'sell' point.
Edit: Beat 5/10 times.
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A similar game with P/E, as well as 30 year Treasuries interest rates would be more interesting.
Here it is just looking at a price chart without prior history or other data.
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It scrolled a little fast for me, but I didn't make any trades, so I did OK. :)
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I beat the market 7/10 times. Though two of those were only barely. Very cool simulation.
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I lost every time. ;-(
Still fun. -Ap