Since the first day is "1", it means that in day "141", Martti will have lived 20 years in CryptoTown. That is a long time.
It also coincides with Martti's long term goal and wish to be financially independent. The recent deals have come quickly and made the life much more satisfying - a new phase is starting!
Martti now owns 25% of Martti Tailors Inc (stake valued at 125 mil, no personal risk except to lose this value). And his address has recently moved to Martti's Lane 16, to a brand new Baron-rated 180 sqm townhouse, of which 60 sqm is commercial space (payout 1.45 mil) and the rest produce a cool 31 CUL+IC, up from 7 last year in the small place in B.4.
Because the new place is so much better, it produces 113% more rent per sqm and 66% more culture. And is double the size. But he still owns the old house, and the 250 sqm lot that did not see building because the Wood building has been delayed all the 15 years he has owned it (it is coming in ~5 more years!).
For the first time, except for fleeting moments in the past, Martti can just buy what he wants, instead of thinking if it could be sold higher. The first thing he buys just because I can, is a Venetian mirror of 1x1 m size. The import tax alone for such a treasure is 1 mil. But the price does not matter, he wants it, and buys it. (If you do not want to play for 138 days to get the feeling, deposit is the option for you: the mirror cost $0.80, which is easier to inject from the outside than make in-game).
So, in round numbers, Martti's stake in the business is worth 125 mil, his real estate up to 200 mil and other stuff 75 mil. This makes him a 400 million guy, which is a lot closer to 1 billion than anything before. If God gives him even 25 more years, 3.8% annual growth will suffice for the goal. It seems achievable.
The building calculations are something that need to be analysed carefully - not that Martti cared about them when building what he wanted though, but because investing half of the capital in real estate makes sense only if it returns more than 3.8%. Can this happen?
Let us examine the money that went into the project:
- The lot cost 27.0 mil, and was admittedly such a good deal that Martti did not even think of alternatives. There are few small lots for sale except in B.4 (where Martti owned 2*100 sqm). This macrolocation is 65%!
- 234,000 stone was used at about 62 m/unit, totalling 14.5 mil
- 18*WIASS windows were bought at bid but did not sell at ask, so were used in own building instead, let's say midprice 2.7 mil
- The building is 80% lux, so a real deal; the money paid for this is 12.6 mil and the rest comes as work...
- ... which totalled 3,762 BLD. It cost about 11,500 pop, so 43.3 mil
All in all, the money invested was funnily enough 100.1 mil, so let's make it a round 100 :)
The first glance is to evaluate the annual payout against the investment, to get the payout%. To be conservative, we use 0.050 mil to value the CUL output and 0.075 for the IC. This makes 3.88 mil from the top 2 floors, and 1.45 mil from the basement. The taxes payable are limited to 0.12 mil building tax.
So the payout is a very nice 5.21%, very much higher than the 0.45% offered by CON, for instance. If longer term analysis is needed, the buildings deteriorate, which affects their payout and they need repairs. The lot, stone and windows do not depreciate (45% of the total costs retain their value). Lux depreciates at 1% annually, and the labor(BLD) is variable - in this case 3 stories on normal wetness land with terraced flat roof equals 1.5% annual.
So the real return is about 4.5%, and that should be enough to make people join the party! :)
lauantai 28. toukokuuta 2016
November 1641 - Day 137
Martti's quick guide to make a successful exit, cashing out Baron-sized money in the process, and at the same making him a risk-free option to hit big with a business:
Disclaimer - This works even if your side-job is not the King/Gamemaster, but it most likely does not work until you have 100+ days of active, social and courteous playtime behind you.
For a middle-aged man that Martti is (the old King started reigning at 34, what is Martti doing at that age??) the pressure to get a nice place to live and plan further moves is getting urgent. But but, the minimum to get a Baron-rated house and the land in anywhere except B.4 (where Martti's current house is for sale at 44 mil) is about 80 mil. That is a steep money for anyone.
So, the plan is to capitalise on the current tailor business (built with the loans from the Prince of Rome) by taking it public. For this to interest the audience, it is important to be a char in good standing and the business cycle needs to be good. (The pricing usually does not even matter, but to maintain the good standing, the buyer needs to make profit).
Making a corporation in CK is very easy - contact the admins and a new account (char type Ingame Corporation) is set up for you against 10 mil fee. A standalone corporation (Foreign-Owned Corporation, FOC), costs 30 mil.
The corporation may create any number of shares to itself, and start to sell them. In Martti's case, the initialisation process involved creating 500 shares and giving 125 of them to Martti for the services he is doing to the company and also promising to pay 160 mil to Martti once the rest of the shares get sold. If anyone buys the shares at these terms, is the question that was answered above, but is always uncertain until it happens. You just have to try!
In the first 8 hours, Martti got the following investors @ 1 mil/share:
- Prince Crichton 50 shares / 10%
- Duke of OZ 50 shares / 10%
Only after the free markets had bought 275/375 available shares (to ensure that the issue is selling with its own merits), Soul and the King bought the rest. They are among the characters that own a share of almost everything.
So now the company is in a good shape with Luigi owning the largest stake (30%) and Martti close second (25%), and the 5 minority owners having 45% total. The money is received with only one payment pending. Martti is debt free (after paying back to Prince Noms), and a Baronial Den is in the advanced planning process in Martti's Lane 16 (who could forgo the temptation to live on an alley that is named after him?!? ;) )
Disclaimer - This works even if your side-job is not the King/Gamemaster, but it most likely does not work until you have 100+ days of active, social and courteous playtime behind you.
For a middle-aged man that Martti is (the old King started reigning at 34, what is Martti doing at that age??) the pressure to get a nice place to live and plan further moves is getting urgent. But but, the minimum to get a Baron-rated house and the land in anywhere except B.4 (where Martti's current house is for sale at 44 mil) is about 80 mil. That is a steep money for anyone.
So, the plan is to capitalise on the current tailor business (built with the loans from the Prince of Rome) by taking it public. For this to interest the audience, it is important to be a char in good standing and the business cycle needs to be good. (The pricing usually does not even matter, but to maintain the good standing, the buyer needs to make profit).
Making a corporation in CK is very easy - contact the admins and a new account (char type Ingame Corporation) is set up for you against 10 mil fee. A standalone corporation (Foreign-Owned Corporation, FOC), costs 30 mil.
The corporation may create any number of shares to itself, and start to sell them. In Martti's case, the initialisation process involved creating 500 shares and giving 125 of them to Martti for the services he is doing to the company and also promising to pay 160 mil to Martti once the rest of the shares get sold. If anyone buys the shares at these terms, is the question that was answered above, but is always uncertain until it happens. You just have to try!
In the first 8 hours, Martti got the following investors @ 1 mil/share:
- Prince Crichton 50 shares / 10%
- Duke of OZ 50 shares / 10%
- Prince of Rome 150 shares / 30%
- goin2mars 25 shares / 5%
Only after the free markets had bought 275/375 available shares (to ensure that the issue is selling with its own merits), Soul and the King bought the rest. They are among the characters that own a share of almost everything.
So now the company is in a good shape with Luigi owning the largest stake (30%) and Martti close second (25%), and the 5 minority owners having 45% total. The money is received with only one payment pending. Martti is debt free (after paying back to Prince Noms), and a Baronial Den is in the advanced planning process in Martti's Lane 16 (who could forgo the temptation to live on an alley that is named after him?!? ;) )
perjantai 27. toukokuuta 2016
September 1641 - Day 136
Middle-aged (34) Knight Martti is thinking of his life. In a few months, he will have stayed in CryptoTown for 20 years. The life has included many kinds of things, and overall has been satisfactory:
- Martti lives in a 90 sqm newly-built stone double-story in B.4, half of the house is rented away for business.
- He has become a formidable warrior due to much training and several campaigns. His PPG ("personal protection gear", nickname for the soldiery in the immediate command and weapons thereof) now includes himself (AOD-Capt), a PTE, 2*PIS, his own Powerful sword, and at least 1*H4 and a variety of lower level transport.
- Promotion to Capt was a nice surprise. The non-promotion to Baron was not. Also the fact that Baron requirement is among others a 100 sqm house, pressures Martti's finances. After 9 years as Knight, it should be a time to promote, but it is of course understandable that the most worthy are promoted first. In 1645 and 1650 are Baron promotions, and Martti wishes he could have the house built by the first one, and get solicitations from the Princes he knows, to advance a rank then.
- If Family&Lineage were here (will probably not be during Martti's lifetime), he would likely still be a bachelor since he seeks to make a name in the military, and also does not have the means to support a noble family (for commoner family, his lifestyle would be more than sufficient). Think of d'Artagnan in the beginning of Twenty Years After.
If years allow, the possibility to be promoted Earl is still there. The recent wealth report also showed that gaining 1 billion worth of assets is also a realistic goal. The latter is almost required in the quest for the former.
And right here, Martti learns that the Army&Countryside module is postponed post-Buildings (does not affect him) and Clans (will be an interesting but devastating effect due to the need to feed and clothe all the 50 NPC Martti employs, at the same time giving a sunny day for tailor business as all the rest need to clothe theirs as well.
Money, money, that is needed to capitalise on the situation... Prince Noms is not collecting his debts, so that can wait, but Prince luigi of Rome is seeking to get a report of the use of his money before he is giving any more.
Meanwhile, the balance is 21 mil negative so let us see:
It could be made whole by selling the SAP and the S-VE1, but no other quick options exist. Except... one of the highest nobles in the Kingdom, the Duke of OZ, was passing by a few days ago. Martti exchanged a few words, mentioning tailor business. The Duke told his way is to finance new ventures and have them managed by the new players. Martti is not so new any more, after having played 20 years! Perhaps the Duke would consider a corporation with Martti in the reins, and Prince of Rome as the second backer.
Let us go all in with this card then...
- Martti lives in a 90 sqm newly-built stone double-story in B.4, half of the house is rented away for business.
- He has become a formidable warrior due to much training and several campaigns. His PPG ("personal protection gear", nickname for the soldiery in the immediate command and weapons thereof) now includes himself (AOD-Capt), a PTE, 2*PIS, his own Powerful sword, and at least 1*H4 and a variety of lower level transport.
- Promotion to Capt was a nice surprise. The non-promotion to Baron was not. Also the fact that Baron requirement is among others a 100 sqm house, pressures Martti's finances. After 9 years as Knight, it should be a time to promote, but it is of course understandable that the most worthy are promoted first. In 1645 and 1650 are Baron promotions, and Martti wishes he could have the house built by the first one, and get solicitations from the Princes he knows, to advance a rank then.
- If Family&Lineage were here (will probably not be during Martti's lifetime), he would likely still be a bachelor since he seeks to make a name in the military, and also does not have the means to support a noble family (for commoner family, his lifestyle would be more than sufficient). Think of d'Artagnan in the beginning of Twenty Years After.
If years allow, the possibility to be promoted Earl is still there. The recent wealth report also showed that gaining 1 billion worth of assets is also a realistic goal. The latter is almost required in the quest for the former.
And right here, Martti learns that the Army&Countryside module is postponed post-Buildings (does not affect him) and Clans (will be an interesting but devastating effect due to the need to feed and clothe all the 50 NPC Martti employs, at the same time giving a sunny day for tailor business as all the rest need to clothe theirs as well.
Money, money, that is needed to capitalise on the situation... Prince Noms is not collecting his debts, so that can wait, but Prince luigi of Rome is seeking to get a report of the use of his money before he is giving any more.
Meanwhile, the balance is 21 mil negative so let us see:
It could be made whole by selling the SAP and the S-VE1, but no other quick options exist. Except... one of the highest nobles in the Kingdom, the Duke of OZ, was passing by a few days ago. Martti exchanged a few words, mentioning tailor business. The Duke told his way is to finance new ventures and have them managed by the new players. Martti is not so new any more, after having played 20 years! Perhaps the Duke would consider a corporation with Martti in the reins, and Prince of Rome as the second backer.
Let us go all in with this card then...
sunnuntai 22. toukokuuta 2016
December 1640 - Day 131
Oh, the routine - opening the accounts 17 mil negative, is feeling so homely. Especially now as it costs a cool 0.5% overdraft every single day.
Luckily the preparation for this very event in the health side worked out very well: all the MEAD, BEER and CAN were available in stock, and the challenge was pushed to Insignificant.
Unfortunately nothing was in such good prices that selling to the bid would have felt a good idea, apparently the Suit spoil is not administered yet, so the NPCC are paralysed according to their custom. In the longer term, investing in tailors now, may prove to be an excellent idea since the Clans module will require the actual number of NPC to have clothes, and it is 50-100% larger than the current number.
Luckily the preparation for this very event in the health side worked out very well: all the MEAD, BEER and CAN were available in stock, and the challenge was pushed to Insignificant.
Unfortunately nothing was in such good prices that selling to the bid would have felt a good idea, apparently the Suit spoil is not administered yet, so the NPCC are paralysed according to their custom. In the longer term, investing in tailors now, may prove to be an excellent idea since the Clans module will require the actual number of NPC to have clothes, and it is 50-100% larger than the current number.
torstai 19. toukokuuta 2016
July 1640 - Day 128
Coronation is approaching, and Martti is among the top contestants for both the disciplines (he is attending) currently. In Sharpshooter, thanks to the K9 pistol on loan from Sir Crichton, he currently leads the base points. in Horseback, the base points are tied between him and Baron Ezekiel, the son of the King. Both have a gold unicorn (K9), Martti's is on loan from Princess Roopatra, and Ezekiel's belongs to the King. Ezekiel is also wearing a 1450 purple suit with gold, and Martti believes that he is instructed to ride slowly and not risk excessively the spoil of the suit. Martti's own strategy is to seek to ride slowly the first try and if the victory does not seem certain, take more risks with the second one, perhaps galloping as fast as 12/20 (with only 40% chance to stay in the saddle, and 30% chance of spoiling the suit, but there is a 100 mil sapphire as the prize so it's worth it!).
The tailor business is turning from challenging to comical. The NPCC have received new orders to drink a lot of wine, and they are selling their suits, instead of buying them :P And the suit spoil is next month, so Martti's storages are swelling. And there is not enough time to make a killing with wines sadly - the situation is such that all the essential information is public, and what will happen in the market in the next 1-4 years is therefore scripted for the ones who care to decipher it by doing the numbers.
Otherwise the day goes to trimming the market offers and salivating the prospects of winning large (or even small) gemstones in the coming Coronation event.
The tailor business is turning from challenging to comical. The NPCC have received new orders to drink a lot of wine, and they are selling their suits, instead of buying them :P And the suit spoil is next month, so Martti's storages are swelling. And there is not enough time to make a killing with wines sadly - the situation is such that all the essential information is public, and what will happen in the market in the next 1-4 years is therefore scripted for the ones who care to decipher it by doing the numbers.
Otherwise the day goes to trimming the market offers and salivating the prospects of winning large (or even small) gemstones in the coming Coronation event.
March 1640 - Day 126
Martti is back from the south. His regiment did not participate in significant action, but right next to his, the whole army of HH The Duke of North Face surrendered after losses, and was taken prisoner up to the commander, the Marquess Grass. So that was a close call, that.
After that, a year seems to have passed without more action than the losing of one health rank (to Decent, from Good). Martti is now officially middle-aged at 33.
The finances were surprisingly good, given the premise that one salary round had passed and the goods are unsold and subject to spoil at the end of the year. The reason was predominantly that 4-NW-D5 (empty 100 sqm lot) was sold for 9.5 mil.
King gifted Martti a Topaz, and upon checking, the Ask for Sapphire (Martti had bought his for 8 mil) had risen to 23 mil. Martti could not help but change his coronet plans and list the sapphire for 20 mil. If it sells before the coronet time, something else will be featured instead. 20 mil is half the price of a house!
Very much has happened in the game since Martti logged in the last time - NewCorp has IPOed, and already is trading at 25% higher than the IPO price. It is giving a fixed dividend, same as CON. The difference is that NewCorp returns 0.8% whereas CON is less than 0.5%. Also NewCorp's assets may go up or down based on whether it makes more or less than the dividend return. CON does not have anything, except the return.
Another thing is the New Department Store (DeptStore) that started market making in several goods and is going to expand even more.
Martti browses through his assets and realises he owns 140*SCI, a massive amount. It is needed to spend some for practising the aim with pistol, and 50 SCI is consumed towards this. The rest is needed for aiming. SCI is perhaps also otherwise a good investment, since its book value is 0.14 mil and it is trading at half that.
It also does not go unnoticed that W1628 that Martti happens to own, is a reasonably good wine. The NPCC get one point for consuming 40 bottles, which is only about 0.82 mil! (They will consume anything below 2 mil a point). The wine is currently not in a conversion, so Martti withdraws his bids and lets others sell cheaply. Same goes for W1629S. W163W, instead, is dishwater that fits better for own consumption (10). Martti also smokes 7*CIG, just to boost health and wisdom, as now it is public that they are rather cost-effective for both.
After that, a year seems to have passed without more action than the losing of one health rank (to Decent, from Good). Martti is now officially middle-aged at 33.
The finances were surprisingly good, given the premise that one salary round had passed and the goods are unsold and subject to spoil at the end of the year. The reason was predominantly that 4-NW-D5 (empty 100 sqm lot) was sold for 9.5 mil.
King gifted Martti a Topaz, and upon checking, the Ask for Sapphire (Martti had bought his for 8 mil) had risen to 23 mil. Martti could not help but change his coronet plans and list the sapphire for 20 mil. If it sells before the coronet time, something else will be featured instead. 20 mil is half the price of a house!
Very much has happened in the game since Martti logged in the last time - NewCorp has IPOed, and already is trading at 25% higher than the IPO price. It is giving a fixed dividend, same as CON. The difference is that NewCorp returns 0.8% whereas CON is less than 0.5%. Also NewCorp's assets may go up or down based on whether it makes more or less than the dividend return. CON does not have anything, except the return.
Another thing is the New Department Store (DeptStore) that started market making in several goods and is going to expand even more.
Martti browses through his assets and realises he owns 140*SCI, a massive amount. It is needed to spend some for practising the aim with pistol, and 50 SCI is consumed towards this. The rest is needed for aiming. SCI is perhaps also otherwise a good investment, since its book value is 0.14 mil and it is trading at half that.
It also does not go unnoticed that W1628 that Martti happens to own, is a reasonably good wine. The NPCC get one point for consuming 40 bottles, which is only about 0.82 mil! (They will consume anything below 2 mil a point). The wine is currently not in a conversion, so Martti withdraws his bids and lets others sell cheaply. Same goes for W1629S. W163W, instead, is dishwater that fits better for own consumption (10). Martti also smokes 7*CIG, just to boost health and wisdom, as now it is public that they are rather cost-effective for both.
sunnuntai 8. toukokuuta 2016
December 1638 - Day 117
Suits were selling real good and the money is back positive! And it's good since the first loan is coming due in 1640!
It is now important to buy SCI to be able to consume it in Aim preparation for the sharpshooting. Also Wine is needed for horseback contest.
As the cooks are in charge, and balance is positive, they stock up a little on slowly-spoiling foods (meat, beer). This will ease the sweat when the year is closing and the account is negative.
At the first sight of Insignificant remaining health challenge, Martti quits consuming for 1638.
It is now important to buy SCI to be able to consume it in Aim preparation for the sharpshooting. Also Wine is needed for horseback contest.
As the cooks are in charge, and balance is positive, they stock up a little on slowly-spoiling foods (meat, beer). This will ease the sweat when the year is closing and the account is negative.
At the first sight of Insignificant remaining health challenge, Martti quits consuming for 1638.
lauantai 7. toukokuuta 2016
November 1638 - Day 116
Cooks are handling the business at home. Since the NPC have yielded their benefits and have been billed, the balance is negative -8.3 mil. With cool head, it should resolve itself. (Wiser than before, Martti's balance includes a S-VE1 and some BLD that could be sold to the bid without undue suffering if suits don't sell - as Martti expects them not to).
The most critical situation is with health. No possibility to buy and 80 left in Food quota is not an enviable situation. Martti drinks a sixpack of W1608, the 30-year old French wine that is going for a ridiculously low ask of 35k in the market. Even Foie Gras is cheap enough to be consumed: 4 kilos tastes good.
Since health is a concern and Martti found 10 doses of mushrooms, he though: "hey, what the heck, this is what the nobles take to get wise" and tries out the first time in his life, just one. Martti's Wisdom has in the recent years gone up to "7" and has room to increase.
There are yet no news on what Martti may have done in his journey, eagerly anticipating :)
The most critical situation is with health. No possibility to buy and 80 left in Food quota is not an enviable situation. Martti drinks a sixpack of W1608, the 30-year old French wine that is going for a ridiculously low ask of 35k in the market. Even Foie Gras is cheap enough to be consumed: 4 kilos tastes good.
Since health is a concern and Martti found 10 doses of mushrooms, he though: "hey, what the heck, this is what the nobles take to get wise" and tries out the first time in his life, just one. Martti's Wisdom has in the recent years gone up to "7" and has room to increase.
There are yet no news on what Martti may have done in his journey, eagerly anticipating :)
torstai 5. toukokuuta 2016
July 1638 - Day 114
Martti was still on his way to the battlefields in the south, when, to his very great surprise, he met HE Princess Roopatra of Neverland on a gold Unicorn "Star" that she had owned since the 1400s. Never before spoken to a Princess, Martti sends a message via his page:
Audience was admitted and the following conversation ensued:
[1:05pm] Roopatra: Martti you would wish to borrow 10mil and my dearest horse Star (H9) during the festivities?
HE The Princess; The Pistol contest rules are now known and my calculations show it is quite possible to win the disciplines 1 & 2 (ones not involving the army). I have most of the equipment and am in the best bonus health range (30-45). If YE would kindly consider the following profit sharing proposal: there is a SAPX and DIA5, conservatively 200 mil total value, as prizes. If either of both of these is won, we split the selling price. Your share of the costs would be a mere 10 mil + I could use the H9 [the Unicorn mentioned]. I even have an ancient suit and willing to risk it for the fame!
Audience was admitted and the following conversation ensued:
[1:05pm] Roopatra: Martti you would wish to borrow 10mil and my dearest horse Star (H9) during the festivities?
[1:05pm] KnightMartti: No Ma'am,
[1:06pm] Roopatra: I wonder with all that shooting action if my horse Star is in any danger?
[1:06pm] KnightMartti: I would like to receive 10 mil outright, no refund, and the horse would be in my use for the Horseback contest only
[1:06pm] KnightMartti: The King’s announcement said only the suit is in danger.
[1:07pm] KnightMartti: There cannot be any danger galloping around the Jousting Ground in 1-W, shooting from the hip, if the King says so…
[1:07pm] KnightMartti: With spectators pacified by 1000s of liters of wine
[1:08pm] Roopatra: Haha
[1:08pm] KnightMartti: The horse under the rider is surely the best preserved thing in the town at that moment!
[1:08pm] KnightMartti: My H4 is at your disposal during this of course.
[1:09pm] KnightMartti: What could be more noble than winning the diamond for the Princess!
[1:10pm] KnightMartti: Or the Large Sapphire (5ct diamond is in the sharpshooting..)
[1:10pm] Roopatra: Martti you would want to keep that 10mil, and to borrow my dear horse and return it unharmed after the tournament, ride victoriously and split any winnings 50/50?
[1:11pm] KnightMartti: I don’t know about other winnings as those may be pooled with other stuff and it may be difficult to split equitably the amounts of the lesser win pool tickets. But the winners of the 3 contests enter the DIA10 pool.
[1:11pm] KnightMartti: If that is won, I propose you will keep it and I will keep the lesser stone, no 50/50.
[1:11pm] KnightMartti: Your favor
[1:12pm] KnightMartti: But in this case I will seek to kiss your hand with the DIA10 …
[1:13pm] KnightMartti: There is a DIA10 in the Sceptre, and one in NewLiberty’s coronet. They are no joke since HSH The Prince refused to sell the DIA20 to the King @250mil
[1:14pm] Roopatra: Martti proposes a diamond or nothing?
[1:15pm] Roopatra: which is a gamble
[1:16pm] KnightMartti: My final proposal is that the possibilities are:
[1:17pm] KnightMartti: - win 1 of the 2, in which case the sell price is split 50/50
[1:17pm] KnightMartti: - win both, your excellency can choose one stone
[1:17pm] KnightMartti: - if DIA10 is won additionally, your excellency can take that instead of a minor stone
[1:18pm] KnightMartti: - if both events and the DIA10 are won, you will have 2, of your choice
[1:18pm] KnightMartti: The upside is on your side, I am just your most humble servant
[1:19pm] KnightMartti: The peerages of FS and NL are from 1420 and 1434, respectively
[1:20pm] KnightMartti: I do not believe there will be any sales from them in the future any more than what the King reportedly tried already
[1:20pm] KnightMartti: So it is the most precious gem outside those 3 guys
[1:21pm] KnightMartti: oh.. I got the vision -
[1:21pm] KnightMartti: Star needs a diamond tiara
[1:21pm] KnightMartti: won by her own splendidness!!!
[1:21pm] KnightMartti: in the coronation !!!!!!!!!!
[1:22pm] Roopatra: KnightMartti, I agree to your terms, I will send over 10mil for your preparations. Star (H9) will stay in my ownership, as he is just a loan during the tournament(?).
[1:24pm] KnightMartti: I am most gracious to your excellency and appreciate the business acumen and will seek to win with all my effort, the 10 mil being spent for SCI preparations.
A fortunate meeting truly. Martti's chances to win the Horseback contest go up greatly with a H9 instead of a H4. The money provides the SCI preparation and aiming fund for the other contest. And all the other prizes except the large gems mentioned, Martti gets to keep to himself. And kiss the Princess' hand.
Things are truly going well now - hopefully the COOK-2's that were left at home can reasonably trim the market offers. There will be a cashflow crisis the next year since all the suits have been sold and the next opportunity is after 2 NPC salary rounds that are very serious money each.
Ahead towards the thundering voice of cannons (figuratively for now of course), Martti rides, whistling on his way.
A fortunate meeting truly. Martti's chances to win the Horseback contest go up greatly with a H9 instead of a H4. The money provides the SCI preparation and aiming fund for the other contest. And all the other prizes except the large gems mentioned, Martti gets to keep to himself. And kiss the Princess' hand.
Things are truly going well now - hopefully the COOK-2's that were left at home can reasonably trim the market offers. There will be a cashflow crisis the next year since all the suits have been sold and the next opportunity is after 2 NPC salary rounds that are very serious money each.
Ahead towards the thundering voice of cannons (figuratively for now of course), Martti rides, whistling on his way.
keskiviikko 4. toukokuuta 2016
May 1638 - Day 113
Martti started feeling bad: his rules of play were originally 8 logins per week, and now it has been almost 2 per day. Checking the blog entries relieves the burden: only 73 were written in 113 days, so even if there were 10 extra logins, or 20, it would still average less than 6 per week.
So it's possible to check out things. While consuming a meditative amount of CAN (50, enough to make the most of the Frequency Bonus - These days Martti opens the year with just CAN and starts consuming other stuff when Superveg arrives), Martti laments that terrible haste with preparations has prevented him from marketing his goods properly, and that even though he won the 4th raffle prize from his lot bids, it was a prestigious exactly-200-year-old gold coin CR1438E. It is from the earliest decade of CryptoTown, rarest of the ancient coins with 20 minted only (the minimum) and would be fetched 15-20 mil even in the premium only times. Now, however, Coinshop is selling one at 6.5 mil, including gold, and preventing Martti to sell his at a collectors' price.
Coinshop by the way listed prices for all gold coins, both bid and ask, so the trading desk is dripping with goodness - as you can see, even the maximum possible combo of historicity and rarity is only 4 mil above spot per coin! Just out of being a merchant, and not from any special desire to even sell the coin at so much below value, Martti lists his to the 3rd spot at 9.9 mil, the minimum to even consider a trade.
Ming China bids are primed higher. Martti believes the coming Italian Furniture will awaken more interest to its predecessor Ming China as well. If anyone still wants to dump Ming, some of the bids are in more than a million range now..
Martti sheds his WAI (N1 NPC). He has not promoted to anything and is not particularly good in things (producing net 1*CUL+1*IC at a cost of 0.22 mil, only 8% promotion chance - even retire is higher at 13%!).
Martti has 5*COOK-x in N2-N3, they can take care of the household when Martti is having important knightly business with his page and the horses.
So it's possible to check out things. While consuming a meditative amount of CAN (50, enough to make the most of the Frequency Bonus - These days Martti opens the year with just CAN and starts consuming other stuff when Superveg arrives), Martti laments that terrible haste with preparations has prevented him from marketing his goods properly, and that even though he won the 4th raffle prize from his lot bids, it was a prestigious exactly-200-year-old gold coin CR1438E. It is from the earliest decade of CryptoTown, rarest of the ancient coins with 20 minted only (the minimum) and would be fetched 15-20 mil even in the premium only times. Now, however, Coinshop is selling one at 6.5 mil, including gold, and preventing Martti to sell his at a collectors' price.
Coinshop by the way listed prices for all gold coins, both bid and ask, so the trading desk is dripping with goodness - as you can see, even the maximum possible combo of historicity and rarity is only 4 mil above spot per coin! Just out of being a merchant, and not from any special desire to even sell the coin at so much below value, Martti lists his to the 3rd spot at 9.9 mil, the minimum to even consider a trade.
Ming China bids are primed higher. Martti believes the coming Italian Furniture will awaken more interest to its predecessor Ming China as well. If anyone still wants to dump Ming, some of the bids are in more than a million range now..
Martti sheds his WAI (N1 NPC). He has not promoted to anything and is not particularly good in things (producing net 1*CUL+1*IC at a cost of 0.22 mil, only 8% promotion chance - even retire is higher at 13%!).
Martti has 5*COOK-x in N2-N3, they can take care of the household when Martti is having important knightly business with his page and the horses.
tiistai 3. toukokuuta 2016
March 1638 - Day 112
The reports from the campaigns last year are brought back to CryptoTown. Martti feels he missed the opportunity for gold and glory with the building projects and such and makes plans to go to Ramsey this summer to participate in the possible action there.
The Margrave of Stonehaven is tending his NPCC and wants to buy the remainder of the WOS-E1 at a good price of 2 mil each (their labor maxprice is 2.24 and system price 1.40 mil). So the deal does not take long to complete.
In the spirit of easy come, easy go, Martti picks the RWWC reduced price offer on pistols and grabs 2, and recruits a PTE at the full price. Why skimp when money is not an issue? After the 15 mil purchases, he feels ready to join the battle or whatever is coming! Horse situation is good with a H4 and 2*H3, well enough for only two men, with the PTE having a sidesword, Martti has his own sword and 2 pistols total. Perhaps a musket would have given some longer-range firepower in addition but finances permit only this far.
The house is unsold but returned a nice 0.57 mil + 7 CUL + 7 IC (two years back taxes will be happening soon, but they are only 0.18 mil total).
4 more pearls are converted from the IC, so the coronet has all the jewels now. Only the 200-gram silver base, most/very elaborate, remains (costing 110-120 IC). Bids are placed as it is most likely that there will be a pressure on IC price after 10,000+ was dividended from buildings and there is somewhat of a glut existing.
BuildCO seems hot, but after being so involved with tailors (unwilling to buy more just now though, as not only they will not promote, but also the suits market will likely dry up in awaiting for the next moth), Martti cannot expand too much. The 53 mil loan base is also coming for renewal soon, so this will take some priority after returning from the summer ride.
The Margrave of Stonehaven is tending his NPCC and wants to buy the remainder of the WOS-E1 at a good price of 2 mil each (their labor maxprice is 2.24 and system price 1.40 mil). So the deal does not take long to complete.
In the spirit of easy come, easy go, Martti picks the RWWC reduced price offer on pistols and grabs 2, and recruits a PTE at the full price. Why skimp when money is not an issue? After the 15 mil purchases, he feels ready to join the battle or whatever is coming! Horse situation is good with a H4 and 2*H3, well enough for only two men, with the PTE having a sidesword, Martti has his own sword and 2 pistols total. Perhaps a musket would have given some longer-range firepower in addition but finances permit only this far.
The house is unsold but returned a nice 0.57 mil + 7 CUL + 7 IC (two years back taxes will be happening soon, but they are only 0.18 mil total).
4 more pearls are converted from the IC, so the coronet has all the jewels now. Only the 200-gram silver base, most/very elaborate, remains (costing 110-120 IC). Bids are placed as it is most likely that there will be a pressure on IC price after 10,000+ was dividended from buildings and there is somewhat of a glut existing.
BuildCO seems hot, but after being so involved with tailors (unwilling to buy more just now though, as not only they will not promote, but also the suits market will likely dry up in awaiting for the next moth), Martti cannot expand too much. The 53 mil loan base is also coming for renewal soon, so this will take some priority after returning from the summer ride.
maanantai 2. toukokuuta 2016
January 1638 - Day 111
New day dawns with only a slightly negative balance. Most of the brown and grey clothes have sold themselves, only 6 sets of greens (worth about 10 mil total) remain. It will be 3 more years since suits sell big time again, so it is imperative to get the greens sold as well.
The tailor business has not exactly been a success. But it could be... Martti's stable consists of 1*TAI-4, 5*TAI-3, 10*TAI-2, 8*TAI-1 (and btw also 1*H4, 2*H3, 1*H2, 1*H1, and in the NPC side: 3*COOK-2, 2*COOK-1, 1*WAI). So in total, Martti now controls 35 NPC's and horses. If the fortunes turn even a little better, this could make a powerful business. Buying the tailors cheaply in the initial levels and waiting for them to promote, is patient work. Tailors live as long as Martti does, so perhaps when Martti himself is 45 or 50, the business also becomes better.
Meanwhile, the RAF-2 jewely raffle finished on Martti's part. Originally he had bought about 2,000 tickets for perhaps 16 mil, and all of them had spoiled. Then a relative lowball of about 5 mil was filled, and did not spoil in the first round, rather in the second (which is already considered a win) and produced a Ruby! Rubies are the rarest of all colored gemstones, and will therefore likely be second only to diamonds in price. Ruby does not match that well with silver, and procuring the needed amount of gold for coronet (100-400 CKG) is impossible, so Martti is seeking to exchange it for a sapphire and money. It is still a net negative, but not as crushing as it would be to spend 8 figures and get nothing in return.
The house has not sold, so marketing is probably wanting. The offer is seriously good, because the house is new and does not need fixes for a long time to come, and the building material prices have shot up. Since cash flow does not urgently demand selling, the price is left untouched. After all, it's not only selling that makes you money, you must sell for a profit, and Martti's only profit in the deal is getting rid of the excess lot that he believes will rise in value slower than the other opportunities he could invest in. The other lot is for sale at the land price, 12 mil, only. That one is also not gone yet.
Martti makes petition to Church to return the stone that was erroneously credited to them from the demolishing of the 24+24 sqm houses. The issue is clear, the stone was credited to the "1608 owner" of the houses (Martti was a toddler then and the houses still belonged to the Church), but belongs to the "1624 owner" (when the Lot master was pulled from the system for update). The solving could have been complicated, but luckily Martti knew a clerk from the Church who speedily credited him the 62,400*STO1.
This allowed Martti some breathing space, as he quickly dumped all his stone to the bid at 77. Stone can always be bought back, but 5 mil in the balance allows raising the lot bids to trump those of SyksyII. If the King has 1-2 prize rounds left, with any luck, an additional gift that can be sold at 10 mil can be obtained.
Success tracker
Age: 32 (17 years played, health: Good)
Level: 11/14 (getting Baron (L13) is a near certainty if health continues favorably, but Earl (L14) is the target, and there are many depositing players and old players seeking the same rank, and the promotions to peerage are limited. Whereas aspiring Masters get their Barony at about 35-40 yo, the early knighting is actually a relative disadvantage as they do not have a fast lane and it may take much longer before getting the Barony - not to mention the loss of production shares and increased costs)
Wealth:
+ gold, silver and gemstones: 10 mil (1*RUB only - Martti cannot buy gold as long as he is in debt, that does not make sense, and same with unnecessary silver)
+ real estate: 65 mil (250 sqm lot, 100 sqm lot, 100 sqm lot with a new 90 sqm building)
+ cash: 5 mil
+ building materials 9 mil (BLD, a speculation)
+ consumables 9 mil (mostly wine, partly as the lot market raffle prize, partly own speculations - not too profitable yet)
+ NPC stock 36 mil (30 in total, mostly early level ; just one high level NPC can be 100 mil..)
+ Horses stock 10 mil (they need to be put to use, since otherwise horses are just a drain on the economy)
+ Suits and clothes 35 mil (highest number is trading stock, but highest value is tied in Martti's own noble blue and Most Ancient red)
+ S-VE1 5 mil (this could be sold but since the cash flow is so erratic, it is a good backup to get something to eat if balance is negative)
+ Miscellaneous 5 mil (growing collection of Ming China, custom sword, etc.)
- debt 53 mil
Net total wealth at approximate midprice: 127 mil / 1000 (target)
A short 4 realmonths of play, and the character is worth $100. This is a decent situation. If we can count on 30 more years of life, the rate of return needed for the remaining years is 7.1% to get to the target billionaire wealth. During the last 15 years, from a starting point of 10 mil, the wealth has grown at a 18.5% annual pace, mostly with a debt leverage of 30-50% of total assets.
Martti raises the lot bids, puts on his red merchant suit and walks whistling to Gilded Goose to solicit some more loan from whomever is sitting there with extra balance and benevolence. To get into the mood, he consumes 12 bottles of 1629 Sweet Wine. After all, health, happiness and long life are paramount for realising the other objectives in life, which he hopefully has many years left :)
ADD: Gems market is taking shape as Martti traded away the RUB at 12 mil and got a SAP at 8 mil in return in a negotiated trade fulfilled via the market.
The tailor business has not exactly been a success. But it could be... Martti's stable consists of 1*TAI-4, 5*TAI-3, 10*TAI-2, 8*TAI-1 (and btw also 1*H4, 2*H3, 1*H2, 1*H1, and in the NPC side: 3*COOK-2, 2*COOK-1, 1*WAI). So in total, Martti now controls 35 NPC's and horses. If the fortunes turn even a little better, this could make a powerful business. Buying the tailors cheaply in the initial levels and waiting for them to promote, is patient work. Tailors live as long as Martti does, so perhaps when Martti himself is 45 or 50, the business also becomes better.
Meanwhile, the RAF-2 jewely raffle finished on Martti's part. Originally he had bought about 2,000 tickets for perhaps 16 mil, and all of them had spoiled. Then a relative lowball of about 5 mil was filled, and did not spoil in the first round, rather in the second (which is already considered a win) and produced a Ruby! Rubies are the rarest of all colored gemstones, and will therefore likely be second only to diamonds in price. Ruby does not match that well with silver, and procuring the needed amount of gold for coronet (100-400 CKG) is impossible, so Martti is seeking to exchange it for a sapphire and money. It is still a net negative, but not as crushing as it would be to spend 8 figures and get nothing in return.
The house has not sold, so marketing is probably wanting. The offer is seriously good, because the house is new and does not need fixes for a long time to come, and the building material prices have shot up. Since cash flow does not urgently demand selling, the price is left untouched. After all, it's not only selling that makes you money, you must sell for a profit, and Martti's only profit in the deal is getting rid of the excess lot that he believes will rise in value slower than the other opportunities he could invest in. The other lot is for sale at the land price, 12 mil, only. That one is also not gone yet.
Martti makes petition to Church to return the stone that was erroneously credited to them from the demolishing of the 24+24 sqm houses. The issue is clear, the stone was credited to the "1608 owner" of the houses (Martti was a toddler then and the houses still belonged to the Church), but belongs to the "1624 owner" (when the Lot master was pulled from the system for update). The solving could have been complicated, but luckily Martti knew a clerk from the Church who speedily credited him the 62,400*STO1.
This allowed Martti some breathing space, as he quickly dumped all his stone to the bid at 77. Stone can always be bought back, but 5 mil in the balance allows raising the lot bids to trump those of SyksyII. If the King has 1-2 prize rounds left, with any luck, an additional gift that can be sold at 10 mil can be obtained.
Success tracker
Age: 32 (17 years played, health: Good)
Level: 11/14 (getting Baron (L13) is a near certainty if health continues favorably, but Earl (L14) is the target, and there are many depositing players and old players seeking the same rank, and the promotions to peerage are limited. Whereas aspiring Masters get their Barony at about 35-40 yo, the early knighting is actually a relative disadvantage as they do not have a fast lane and it may take much longer before getting the Barony - not to mention the loss of production shares and increased costs)
Wealth:
+ gold, silver and gemstones: 10 mil (1*RUB only - Martti cannot buy gold as long as he is in debt, that does not make sense, and same with unnecessary silver)
+ real estate: 65 mil (250 sqm lot, 100 sqm lot, 100 sqm lot with a new 90 sqm building)
+ cash: 5 mil
+ building materials 9 mil (BLD, a speculation)
+ consumables 9 mil (mostly wine, partly as the lot market raffle prize, partly own speculations - not too profitable yet)
+ NPC stock 36 mil (30 in total, mostly early level ; just one high level NPC can be 100 mil..)
+ Horses stock 10 mil (they need to be put to use, since otherwise horses are just a drain on the economy)
+ Suits and clothes 35 mil (highest number is trading stock, but highest value is tied in Martti's own noble blue and Most Ancient red)
+ S-VE1 5 mil (this could be sold but since the cash flow is so erratic, it is a good backup to get something to eat if balance is negative)
+ Miscellaneous 5 mil (growing collection of Ming China, custom sword, etc.)
- debt 53 mil
Net total wealth at approximate midprice: 127 mil / 1000 (target)
A short 4 realmonths of play, and the character is worth $100. This is a decent situation. If we can count on 30 more years of life, the rate of return needed for the remaining years is 7.1% to get to the target billionaire wealth. During the last 15 years, from a starting point of 10 mil, the wealth has grown at a 18.5% annual pace, mostly with a debt leverage of 30-50% of total assets.
Martti raises the lot bids, puts on his red merchant suit and walks whistling to Gilded Goose to solicit some more loan from whomever is sitting there with extra balance and benevolence. To get into the mood, he consumes 12 bottles of 1629 Sweet Wine. After all, health, happiness and long life are paramount for realising the other objectives in life, which he hopefully has many years left :)
ADD: Gems market is taking shape as Martti traded away the RUB at 12 mil and got a SAP at 8 mil in return in a negotiated trade fulfilled via the market.
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