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While this stock could move down by ten or twenty and be wiped out, the most one would lose is a thousand dollars. However, there is an equal chance that the stock will move up, and a single roll of Up 20 will triple the original investment. The possible return on investing in a five-cent stock, the cheapest possible, is even higher.
Eric Solomon reviewed Stocks & Bonds for Issue 43 of Games & Puzzles magazine, and criticized the game for its unoriginality and low realism. [5] In The Playboy Winner's Guide to Board Games, Jon Freeman heavily compared the game to The Stock Market Game, preferring the fact that all transactions take place on paper but commenting that the rules can occasionally be ambiguous.
A stock market simulator is computer software that reproduces behavior and features of a stock market, so that a user may practice trading stocks without financial risk. Paper trading , sometimes also called "virtual stock trading", is a simulated trading process in which would-be investors can practice investing without committing money.
Johnny L. Wilson reviewed the game for Computer Gaming World, and stated that "Millionaire is a stimulating experience for anyone who enjoys the strategic decisions inherent in high finance." [1] Electronic Games awarded Millionaire the 1985 Arkie Awards for "Best Electronic Money Game". [2]
The game itself was likely based on the very successful game Gavitt's Stock Exchange, invented in 1903 by Harry E. Gavitt of Topeka, Kansas. While the name Pit remains trademarked in many countries by Hasbro, versions of the game have been marketed under names, including Billionaire, Business, Cambio, Deluxe Pit, Quick 7, Zaster. [2]
Successfully investing it in the American stock market results in rewards like going shopping on the weekend and being able to acquire expensive items such as a house. The names of the companies listed in the stock market are slight variants on actual U.S. companies in operation at the time of the game's release.
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Stock market indices may be categorized by their index weight methodology, or the rules on how stocks are allocated in the index, independent of its stock coverage. For example, the S&P 500 and the S&P 500 Equal Weight each cover the same group of stocks, but the S&P 500 is weighted by market capitalization, while the S&P 500 Equal Weight places equal weight on each constituent.