As a dedicated member to the server I welcomed the very mention of the stock market coming to MCCITIES. As a result I popped on the server as soon as I could once the update came out... Only to discover that there were a few stocks which didn't pay dividends. My questions refer to the stock market plugin and the features that are in it (or possibly will be added in the future).
In real (American) stock markets such as NASDAQ or the Dow many companies offer dividends. A dividend is a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits or reserves. Simplified a dividend is money that people that bought stock in a company get regularly for owning stock in the company. You may have heard of Proctor & Gamble, or maybe Johnson & Johnson, if those two don't ring a bell what about Microsoft? All three of these companies give dividends to shareholders. I believe that if dividends were added into the game it would allow for much more money to be made.
This brings me to my next topic (which is related to dividends). On Minecraft you won't be playing for the rest of your life (or maybe you will). Because you (probably) won't be playing for years and years to come, your stocks may not raise in value too much. Some stocks raise very slowly over time whilst others double or triple in value over a course of months. The average yearly return on your stock is 9.8%. This may seem like quite a lot compared to banks rates or other rates (which have only about a 3% annual return rate), but in reality, it would take longer then a couple of months or one or two years for your stocks to really make you some money. Dividends would allow people to make money much more easily and readily. It would also allow for more monetary flow on MCCITIES.
Finally, (I know those last two were difficult paragraphs to read as they were quite boring and you may think nothing of them) we get to our last point. This, my friends, is the addition of more stocks! As you all know, MCCITIES doesn't have many stocks on the market at the moment. This limits your ability to make profit and buy a new house or car (or plane)! I feel as if MCCITIES should add more stocks to their market as it would provide for a better experience on the server. I feel that MCCITIES should not simply add trending or "hot" stocks right now, but should also add other stocks, such as the infamous Proctor & Gamble, Microsoft, Caterpillar and Johnson & Johnson. A more diverse amount of stocks would benefit the community greatly (as would adding dividends, in fact probably just as much or more so).
NOTE: I will be posting more on this plugin with further suggestions such as "package stocks".
Thank you for your time in reading all of this (I know, it's a lot).
In real (American) stock markets such as NASDAQ or the Dow many companies offer dividends. A dividend is a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits or reserves. Simplified a dividend is money that people that bought stock in a company get regularly for owning stock in the company. You may have heard of Proctor & Gamble, or maybe Johnson & Johnson, if those two don't ring a bell what about Microsoft? All three of these companies give dividends to shareholders. I believe that if dividends were added into the game it would allow for much more money to be made.
This brings me to my next topic (which is related to dividends). On Minecraft you won't be playing for the rest of your life (or maybe you will). Because you (probably) won't be playing for years and years to come, your stocks may not raise in value too much. Some stocks raise very slowly over time whilst others double or triple in value over a course of months. The average yearly return on your stock is 9.8%. This may seem like quite a lot compared to banks rates or other rates (which have only about a 3% annual return rate), but in reality, it would take longer then a couple of months or one or two years for your stocks to really make you some money. Dividends would allow people to make money much more easily and readily. It would also allow for more monetary flow on MCCITIES.
Finally, (I know those last two were difficult paragraphs to read as they were quite boring and you may think nothing of them) we get to our last point. This, my friends, is the addition of more stocks! As you all know, MCCITIES doesn't have many stocks on the market at the moment. This limits your ability to make profit and buy a new house or car (or plane)! I feel as if MCCITIES should add more stocks to their market as it would provide for a better experience on the server. I feel that MCCITIES should not simply add trending or "hot" stocks right now, but should also add other stocks, such as the infamous Proctor & Gamble, Microsoft, Caterpillar and Johnson & Johnson. A more diverse amount of stocks would benefit the community greatly (as would adding dividends, in fact probably just as much or more so).
NOTE: I will be posting more on this plugin with further suggestions such as "package stocks".
Thank you for your time in reading all of this (I know, it's a lot).
