Simcountry
Forum Suggestions Sovereign Wealth Funds

Sovereign Wealth Funds

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Mckoy Jackson

All worlds
10 Sep 2013 04:16Link
I think it would be very good if the game had a sovereign wealth fund similar to that of Norway and Singapore where countries like mine with huge budget surplus have some where to pile those funds and even use them to invest into other countries and enterprises.
Currently all that happen is that you fund just accumulate on you and you either spend it on buy some random stock with it
X
XON Xyooj

All worlds
10 Sep 2013 06:25Link
i would like to know how to get surplus cash in this game and this just keep on increasing :)

please shine some light my way :)
M
Mckoy Jackson

All worlds
10 Sep 2013 06:41Link
United Kingdom of Jenovia, Fearless Blue
I don't know been a good ruler I guess and I am a pretty small country and a new player

38m people
Financial Reserves $2.3T
Assets $70T
Corporation Value $41T
Tax 10%
Profit Transfer 65
Monthly Revenue $38B-$41B
Monthly Expenses $19B-$20B

My financial reserve was over $6T until I hemorrhaged $2.5T in my slave country
M
Mckoy Jackson

All worlds
10 Sep 2013 06:46Link
I see that the game has a investment fund it would be nice it the game would give use the option to rename it.....like many other things in game to add more dynamics to the game Jenovian Sovereign Wealth Fund.
I would like to be given the option to put my surplus in this fund and use it to make investments in other counties.
X
XON Xyooj

All worlds
10 Sep 2013 06:58Link
turning $18B profit is impressive to me :)

i just ain't that good yet
A
Aries

All worlds
10 Sep 2013 07:21Link
Welcome to the game new player. That said, the suggestion you have made to the investment fund is mentioned several threads down on this forum. My response is the same.

The IF should not be a piggy bank for the government. It is interesting in its role as a private investment entity for workers and some players, including I, enjoy the aspects of managing the fund without trivializing it by allowing unlimited transfers with government funds.

I have suggested a limited transfer ability to help funds get started though. Something like allowing a government transfer to increase the fund to a maximum value of $2T.
M
Mckoy Jackson

All worlds
10 Sep 2013 07:43Link
well if we arent going to be allowed to use the investment fund as our piggy bank then what do you suggest we use cause we do need a piggy bank or somewhere to invest our money.....this is suppose to me a country simulator and i knw it wont reflect the real world 100% but atleast have some of the core aspects of government and financial markets
A
Aries

All worlds
10 Sep 2013 07:58Link
As a country, when you have excess cash, you offer it in loans. If you wish to experience more of the financial game, you will require an enterprise which has the ability to purchase stocks worldwide with its available cash.
M
Mckoy Jackson

All worlds
10 Sep 2013 08:10Link
nope I want to play as my country and still have some financial game play is that too much to as for?
A
Aries

All worlds
10 Sep 2013 08:18Link
There is some financial game. You can manage your investment fund. You can manage state corps and take them public if you wish. You can set your tax rate and negotiate with CEOs to bring investment to your country. You can buy and sell commodities like uranium, gold, and silver (along with any other product). You can set contracts with your corps to other corps or to countries, either that you own or someone else. You can enter common markets with other Presidents and CEOs. There are business ventures even in space. Along with all that, you can offer loans. Probably missing some stuff but this list is not too shabby.
X
XON Xyooj

All worlds
10 Sep 2013 08:38Link
does the game allow a president to build corps in other countries, such as what an enterprise is allowed to do?

it should allowed a country to do that too, and those corps would be country owned.

the big issue for me is that my population grows too slow, and i'm always workers shortage so i cannot build corps. if my country is allowed to build corps in other countries, such as c3, then i could be busier in this game :)
M
Mckoy Jackson

All worlds
10 Sep 2013 17:09Link
Well whats the point of having a Investment Fund and a pension fund in the game if they are going to add little or nothing to the game play......I say give us control of at least the Investment fund
A
Aries

All worlds
10 Sep 2013 17:18Link
Xon, enterprises have things they can do exclusively the same as countries do. Building corps outside of your country is clearly in the realm of enterprises.

Mckoy, Investment funds are important. I find them key in my overall economic strategy for my countries and you already control it. Seek out one of the true economic players, and if you can't find one of them look for me, in chat and you may learn a thing or two.
T
thewhy

All worlds
13 Sep 2013 01:48Link
putting out loans has higher interest rates then money in the IF so i dont know why you would prefer to put money in the IF over loaning it anyways..... personally i think the dividends should be paid out instead of having a constant interest rate on the holdings which is unrealistic