Keep on trading - but not raw materials
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by Toothpaste
Since my last guide I had a huge response from players via PM, with both praise and further questions. I see that lots of players has taken the trading strategy to their heart, giving guidance to each other in the MU-feeder and in Friend shouts. Its wonderful that we can all make money together and at the same time share the knowledge. But unfortunately, it seems that pure guidance has stopped you to think outside the box: Trading raw materials isn't everything. There are 12 other goods that should be looked at as well.
Today there is a great unbalance between countries, some has forced control over the salaries and price. While other countries, like Sweden, has chosen to let the market go wild and regulate it self. Crappy price on raw materials are a god send for us with factories since we make 3 times as much in profit even with today's "high" salaries. Unfortunately, majority of you players don't have the economy to build factories - yet. But you have the trade.
So this economical unbalance between countries can - and has to - be used to your advantage if you want to make any money at all.
Most of you are trading raw material. And I've seen people saying that you should even hamstring raw material until the price goes up. You probably don't have much storage so my tip right from the start is: sell it off, no matter the price.
Then look at countries with high gold price and low salaries. These countries have been trying to take control over their markets and done pretty well. But they forgot to adapt them selves to the world.
For example, for the last 3 days, Russia has been selling Q5 weapons for 25 ruble (around 24 sek) including taxes. The price in Sweden for the same weapon is 38 to 40 sek (ca 32 sek excl tax). And you are able to sell them in no time.
As you see, its obvious that you rather should be trading/hamstring weapons with a profit of ~7 sek per unit rather than going for raw material that has a profit of 0.10 or 0.20 sek. At the same time, gold price in Sweden is 1250 while in Russia its up at 1350. With other words, you can spin your money as soon as you sell any amount of good and make a profit on the money trade as well.
But Russia and Q5 weapons was just one of many countries and goods with a huge difference in price. Take your time and look up the markets if you can find other goods that you can trade - if you have the means.
Good luck out there.
Toothpaste
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taxes for raw shouldn't be 0%, economy would be stronger if state get money from sales
from that taxes sweden will have more money in treasury and economy would be more stable
Q6 maten i Sverige är dubbelt så dyr som den är i Ryssland.
@Electro-boy: Sweden is already gaining more money from tax daily than it can spend (daily donation limit was 99999SEK or sth like that). Why should they tax us more?
@electro-boy
I too think that the import tax should be set high for raw materials. But for a different reason. In my opinion import tax will force Swedish businessmen to buy their raw materials from Swedish players on the Swedish market.
With out the tax, foreigners that wants to exchange money (PLN to SEK for example), or make some money by trading (like in the article), do disturb the swede to swede trade when they put their goods in masses on our market.
Foreigners usually sell huge amount of goods which is good business for a (lazy) Swedish businessmen. He rather even pay 1 öre extra per raw material if he can buy 30000 units of goods at once, rather than buying 1000 goods for 30 different people.
Foreigners can still trade in Sweden with import taxes set high: Plato will still buy their stuff. When Plato buys goods, he do not contribute with tax money (Plato doesnt pay taxes).
@toothpaste
yes, i agree with that, but i think that taxes for finished products needs to be higher than raw material taxes because with that we make company managers to employee more people because they can earn more with selling weapons and food too.
with this job market will be better. i think now it's going like this: some people make raw and sell it to ones that have product companies and make products which they mostly use, so with that strategy sweden doesn't get anything
my point that this tax strategy is bad and that ministry of economy needs to make analysis to see what is best way to put taxes that will be good for sweden and it's citizens too, and to limit import a bit. main goal needs to be preventing money to get out from state, first swedes need to sell their products then to buy from foreigners. i think that's MoE job, and when they do what they should congress will vote for or against new taxes, but even if they vote no, ministry should make that analysis
maybe sweden could make for example "swedish market union" or something like that and we would buy from our people, not from someone that advantage of our market
sweden is sleeping giant. if people want sweden get more powerful i think they should all work together. i'm sure that everything can be managed if people that are willing to work and know what should they work get assigned in goverment.
i hope i haven't bored 🙂
>>Today there is a great unbalance between countries, some has forced control over the salaries and price. While other countries, like Sweden, has chosen to let the market go wild and regulate it self.
What other countries and what have they done these 2-3 days? Can you point out a single congress vote to back that up, or should we just rules that off as another pot shot? Or is there any other way that the state interfered with foreign markets?
>>For example, for the last 3 days, Russia has been selling Q5 weapons for 25 ruble (around 24 sek) including taxes. The price in Sweden for the same weapon is 38 to 40 sek (ca 32 sek excl tax). And you are able to sell them in no time.
Praytell, what is it that you think Russians have done to take control of their market? Are you aware of the fact that the prices on Russians Q5 tanks were lower than their Swedish counterpart even prior to the recent changes to the game? Their congress has not voted for any change. No votes in Canada or Germany either, which are country markets quite similar to ours. The only change I've seen so far is in Finland, who decided to put 99% import tax on WRM
And guess what?
The price on WRM in Finland is 0.00023 GOLD.
The price on WRM in Sweden is 0.00023 GOLD.
So I guess we've already seen what good that change did to their market prices.
Even though you couldn't resists from doing yet another few silly remarks about the government, I agree that trading is a good suggestion for active players. But you may want to include that there is a 10 gold limit per day. No player should sell more than 10g unless they want to lose more gold than they can buy back again.
Just as a quick side note: the market should always be allowed to regulate itself. Experiments in the past with the aim to push prices up or force them down, no matter if it's the product market or money market, have been very unsuccessful.
Free Lottery! Chance to win bread/weapon/money
http://www.erepublik.com/en/article/i-039-m-back-for-another-free-event--1962084/1/20
We are now starting to see the markets regulating effect as more people start traiding from other countries, the sek/gold price is rising rapidly 😛