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HEY YOU GUEST PEOPLE! WHY ARE YEW LURKING? COME IN AND PLAY WIF US!

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What would you do with more earned inworld cash?
Cash it out. It's all MINE!! Mwahahahaha! 3 (33.3%)
Buy more stuff. It's stimulating the economy right? 3 (33.3%)
Give it away to the homeless. Don't need or want it. Money is the devil. 1 (11.1%)
Buy more land, more advertising, or expand into different locations. I'll roll in the dough later. 2 (22.2%)
Total Votes: 9
How would you use your profits?
Topic Started: Jun 27 2012, 11:01 AM (395 Views)
Johnny Night Jun 27 2012, 11:01 AM Post #1
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grumpy old bastard
 This is mostly for merchant types, but fits with everyone. If you had a sudden boost in inworld currency, what would you do with it? Do you cash it out and take the $$? Would you turn around and spend spend spend? Give it all away to charity? Or would you reinvest and expand your holdings? You can vote more than once. I doubt many would only do one thing anyway. [[sillywilly]]

Historically I've always bought more land. I'm at the point now where it's either buy a whole region or stop expanding. Not something I want to jump into just yet. Plus the 250-700K L's to buy a mainland region is somewhat daunting. Not to mention trying to get rid of the old, and just the general hassle of moving a 4 year old location. Until now, most of my excess was used to fund other ventures, but been holding off for a while due to time.
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Vanish Jun 27 2012, 12:29 PM Post #2
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the architect
 Oaky, I'm not the business type, but if I was, I would probably first wait a few months to see if it's a steady rise in sales or just a good month, and then probably start to look at a complete mainland region. These are a bit hard to find, as the mainland is pretty cut up, but I once had a really nice region that I had successively bought parcel by parcel until I owned (almost) the whole region. Before that I had found a great place along the coast of a mainland continent that was about 40.000 sqm (the rest was linden water). So it can be done. STILL: You know how much of a pain it is to move your shop, updating all notecards, all landmarks, everything, I'd only do that if the new place is so good it would literally wet women's pants.
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Cryptic Quandry Jun 27 2012, 12:43 PM Post #3
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=^.Q=
 Ohai thar Vanish. Welcome to OOW. You might want to pop in over here and Introduce yourself! Who ish yewwww?. ;poke;
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Johnny Night Jun 27 2012, 12:56 PM Post #4
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grumpy old bastard
Vanish
Jun 27 2012, 12:29 PM
These are a bit hard to find, as the mainland is pretty cut up, but I once had a really nice region that I had successively bought parcel by parcel until I owned (almost) the whole region.
That's where I'm at now. I'm sitting on over 1/4 and can continue along this path now if I chose to and double my current holdings there almost immediately.

The blue land (1.) on the right is mine (disregard the blue land on the left, it's a friend's). There's almost as much land as I currently have available either adjoining or adjoining other for sale plots from LL (2. 3. and 4.). The red land highlighted is reclaimed but not yet for sale land (5.). The remaining yellow land is individual small plots at about 4x's the going rate. Gahh, stupid land addiction.
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Edited by Johnny Night, Jun 27 2012, 12:56 PM.
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Johnny Night Jun 27 2012, 12:58 PM Post #5
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grumpy old bastard
Vanish
Jun 27 2012, 12:29 PM
I'd only do that if the new place is so good it would literally wet women's pants.
I had my eye on either roadside or waterfront (leaning towards roadside), but the buy in is very high and there's the problem of getting rid of existing land prior while maintaining a revenue source (store).

ETA: Alternatively I don't NEED new land or more prims...but it sure would be nice to have as a cushion.
Edited by Johnny Night, Jun 27 2012, 01:04 PM.
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Vanish Jun 27 2012, 01:10 PM Post #6
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the architect
Cryptic Quandry
Jun 27 2012, 12:43 PM
Ohai thar Vanish. Welcome to OOW. You might want to pop in over here and Introduce yourself! Who ish yewwww?. ;poke;
Alright.
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Vanish Jun 27 2012, 01:17 PM Post #7
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the architect
Johnny Night
Jun 27 2012, 12:58 PM
Vanish
Jun 27 2012, 12:29 PM
I'd only do that if the new place is so good it would literally wet women's pants.
I had my eye on either roadside or waterfront (leaning towards roadside), but the buy in is very high and there's the problem of getting rid of existing land prior while maintaining a revenue source (store).

ETA: Alternatively I don't NEED new land or more prims...but it sure would be nice to have as a cushion.
I've gone on to buy parcels in Bay City, which is one of the few mainland areas that give you double the prims for the same amount of sqm. Consequently, the parcels are pretty expensive, but for me, the savings in tier are worth it in the end. (In unrelated notes, I've got your whole medieval village up in Bay City - Molesworth.) Maybe buying a second store and/or workshop would be more worthwhile. In the end, though, my own demands for land in SL have been quenched since I'm almost exclusively building in OpenSim.
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Johnny Night Jun 27 2012, 01:44 PM Post #8
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grumpy old bastard
 Bay City is tempting too. *adds to list*

ETA: Although 350,00-1,100,000 for small plots I'd want is a bit ridiculous. I'd never recoup that on a small store. That would pay my tier on my current land til December 2013 or on the other end...August of 2016.
Edited by Johnny Night, Jun 27 2012, 04:28 PM.
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misty harley Jun 27 2012, 04:24 PM Post #9
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 I loved bay city when I was looking for mainland but it was a bit too expensive at the time so have to wait. On a private right now. Plus, I was never very sure if there was building restrictions for bay city. Could I have a park? A grave yard? some creepy crap or is it themed nautical build?

I couldn't vote twice but it would be cash out if I needed it then put back into the economy for the most part (that would include land if the whim hit) because I have a slight virtual world barbie dress up addiction.

Not being very helpful here I suppose. Go with the gut Johnny, you want more land, can comfortably afford tier if sales are slow...dive in.

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Johnny Night Jun 27 2012, 04:31 PM Post #10
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grumpy old bastard
misty harley
Jun 27 2012, 04:24 PM
I loved bay city when I was looking for mainland but it was a bit too expensive at the time so have to wait.
I went shopping today in Bay City (and saw your land too Vanish!) and yeah *see my edit above*

misty harley
 
Go with the gut Johnny, you want more land, can comfortably afford tier if sales are slow...dive in.

I've decided to wait till my tier is due, then if the land is still there the next day I'll see what happens. That'd be fate right?
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Vanish Jun 27 2012, 05:05 PM Post #11
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the architect
Johnny Night
Jun 27 2012, 04:31 PM
misty harley
Jun 27 2012, 04:24 PM
I loved bay city when I was looking for mainland but it was a bit too expensive at the time so have to wait.
I went shopping today in Bay City (and saw your land too Vanish!) and yeah *see my edit above*

misty harley
 
Go with the gut Johnny, you want more land, can comfortably afford tier if sales are slow...dive in.

I've decided to wait till my tier is due, then if the land is still there the next day I'll see what happens. That'd be fate right?
I've bought most of my parcels at 60.000 to 80.000 per parcel (each is around 1024 sqm), some I got at an auction for ~20.000 per parcel. It's still expensive, but far from the craziness they usually ask for. (I know a neighbour of mine who paid ~2.000.000 for 2048 sqm.)
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Vanish Jun 27 2012, 05:11 PM Post #12
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the architect
misty harley
Jun 27 2012, 04:24 PM
I loved bay city when I was looking for mainland but it was a bit too expensive at the time so have to wait. On a private right now. Plus, I was never very sure if there was building restrictions for bay city. Could I have a park? A grave yard? some creepy crap or is it themed nautical build?

The main restriction is that you can't terraform the land. Your parcel is flat, and will stay that way. Likewise, you can't subdivide or join parcels. Also, Bay City is "themed", which means "they" (being the Lab) ask for you to make your building fit into a general urban/art deco style, but if you don't there's no Linden Style Police coming to get you. (Though there are some Bay City resident groups who act as self-proclaimed style police. Ah, the mainland...)
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Aliselia Aeon Jun 27 2012, 06:34 PM Post #13
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 In the past I might have said land-if I was sure the money would keep coming in. Right now, I am not feeling good about buying land at either IW or SL...even if I did have the money, I wouldn't. I found out a long time ago not to pay very far ahead on rentals (I've lost money that way in SL, and recently in IW).

That leaves a few choices that I can think of:
1. Rent a larger area of land.
2. If I was going to restart doing business I would use it for that.
3. Take the money out and pay some RL bills with it.

As things stand right now, I would opt for #3, since lately I have been uncomfortable with investing any more in any VW than I already am.
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misty harley Jun 27 2012, 07:17 PM Post #14
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 Vanish, those are the prices I remember....I just about dropped a jaw when I saw what costs Johnny listed.

Good to know about the terraforming, I need to be able to terraform no matter what I do, it's an itch I have and love making waterways and hills. Bay City might not be a place for me then.

Ali...On one hand, I love the estate I'm on (if you ever need home rights in SL, just shoot me an IM and I'll shoot you an invite to the group and a LM) but sometimes I think it would be 'easier' to just go premium again and live on mainland. But then I have to find the 'right' parcel and meh. I'm lazy.
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Amaranthim Talon Jun 28 2012, 11:10 AM Post #15
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 I just closed up shop and moved to a 1024. When my funds accumulate I generalyl cash out and blow it on RL stuff. Sometimes fun stuff other times bills and such :( So... personally I wd hang on to the cash. An in IW I reinvest in the community actually- never once cashed out~
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