LU Loan Market (Little Upsilon)

Nobody seems to be borrowing money. My loans have declined by 40T in a week, and I have had 5 measly, little 100B loans sitting all day.

We need more incompetent presidents who borrow shamelessly, just like the real world. Investment bankers need to make money too.

LooL, I have noticed the same too lol.

I've been reduced to driving my own ceo into deep debt, paying off all loans except the ones my main offers. LoL.

I blame Wildeyes. Her guide actually gives newbs a clue

The market is saturated with loans. Besides, big loan portfolios are an inefficient use of capital.

Some investment bankers have diversified into commodities trading. Trading generally provides a much higher return on investment than loans do.

There are many products that one buy low and then later sell high. For example, conventional missiles now sell for almost twice their price of one real month ago. Other products also have huge price fluctuations.

Profits from commodities trading can make loan income seem trivial.

I trade commodities, but I am unable to track at what price my goods actually sold. Is there a way to check?

No and therein lies a major problem

I'm sure there is a way but it requires a lot of math.

But you recent sale log should definitely display those transactions. It was promised to be fix a very long time ago, I am not sure what happened.

If you sell commodities at a fixed price doesn't that mean you sold it at that price?

The sales logs only provide data on direct sales and contract sales, not on transactions with the market. Fixed price transactions are probably executed at the fixed price. Accounting practices around here aren't very reliable.

It's nice to encounter fellow commodities traders.

I often do it with 100 quality weapons and ammoes

I won't get into too much detail, but it won't come close to working if you sell at fixed price for high quality products. In extreme cases, you lose money that could have been made had you had lower quality weapons to begin with. The fixed price is usually only double the fixed market price, regardless of quality. In other words, why sell a 300 quality item, at the same 'fixed price' you could sell the 100q item? The quality can be as different as nite and day, but the highest possible fixed price will always remain the same. %200 of market price.

Of course to move very low quality weapons for such prices requires extreme shortages, depends on what you trade.

So true. I learned the hard way that trading high quality products loses money. 100 quality products are wiser trades.

I'm finding it profitable to trade products that have no more than an 8-digit shortage. Products in surplus do ok too. There is a bit of a workaround involved, which is why experimenting is good.

Hello fellow commodity traders!
So you guys trade 100 quality products at a fixed price. How do you set the fixed price? Is it equal to the published market price?

If you can't actually see the trade on the log then how are you sure that quality doesn't matter in commodity trading?

I understand the 200% of market price but isn't the final sales price modified by the quality?

okay....lol

In simpler terms, if you pay for 100 quality product, and sell at fixed price, wouldn't it be logical that you won't make the same amount if buying 250 quality product and selling it for the same exact fixed price?

Then again many things about simcountry are not logical lol. So you may have a point.

It was my thought that an item deep in the read was sold for a max of 200% of market value.

...but isn't the final result then multiplied by the quality factor?

The math in the game truely confuses me and countless others.

They should just make the sales log work. This is unacceptable. They also need to add a feature telling us the price at which we bought certain goods.

Two very good points Bamboo

Sure, a Simcountry commodities trader has to deal with voodoo math and inadequate accounting.

There are inconsistencies in the game programming, and that creates the voodoo math. The programming treats some transactions of corps differently from how it treats transactions of countries and CEOs.

On the bright side, that weird stuff allows us to have fun by being detectives.

For example, I investigated the production plant market. Then I stockpiled $trillions worth of production plants when they were selling for less than 6b. Now the price is over 10b and still increasing.

See, being a commodities trader can be intellectually challenging but financially rewarding. Isn't that more fun and profitable than antiquated banking?

Yes, I agree Vicious. But how do you know that when you bought the production plants you actually paid less than 6B? And how are you sure that you are selling them for over 10B? Do you always use fixed prices? And do orders actually execute when you use fixed prices

Most of my orders are at fixed prices, and most are executed within a few hours. Sometimes orders aren't executed. There is no accounting that establishes the exact execution price.

But the CEO I've used for a lot of trades has reduced its debt by 3t. It's corps can't possibly have produced that 3t. So I believe the CEO's trades produced about 3t in profit.

In other words, the evidence that I buy low and sell high is circumstantial.

My investigations have uncovered a scam in the loan market.

Loans are automatically paid early if there is enough cash. There is no early payment penalty on that automatic payback. That's bad news for lenders.

But that's good news for borrowers since it saves them money. Instead of manually paying loans, a borrower can simply leave cash around waiting for the automatic, penalty-free payback.

You can verify this scam by borrowing money and leaving enough cash to see if the loans are automatically paid early. You can monitor the exact amounts on the Loans page and the Loans Paid Back line of the Cash Flow statement. That's how you will see that automatic payback occurs and doesn't provide an early payment penalty.

The automation is depriving bankers of business by forcing these early paybacks without penalties.

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Gawd, who is it keeps dragging up these random old threads with the Authentication error?

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Authentication ErrorYou can only post messages if you are logged on as player of simcountry.
You must also have a country in one of the worlds.
New members can join the forum about 48 hours after registration.

1. If you login with email address and password at https://www.simcountry.com, you will post under your registered First- and Lastname.
2. If you login as President or CEO in a simcountry world, the name of the world will be displayed with every Message that you post
   or New Conversation that you start.
   This is preferred if you want to discus 'world' related subjects as Trade, Federations and Common Markets.