I was recently invited by the team from Capitalgains Studio to try out the new Wongamania game on one evening at one of the studio.
There were a few of the financial bloggers which were also around (InvestOpenly, Budget Babe, STE and Musicwhiz) and we played the game together.
This wasn’t the first time I had played the game as I previously had played the original version and loved the game. I was expecting the revised version to be better and a lot more challenging and it did not disappoint.
For those who are not familiar with the game, Wongamania is a financial board game that are played in a fun manner where one player can pit against another in the game to collect as much assets as possible and receive passive income from every turn of the game (depending on where the economy is). The winner of the group is then announced when one has collected three trust fund.
This is a bit like monopoly in the modern times with slightly more intellectual frame of mind to think. There is a lot of luck and thinking needed to win the game.
What I also like about this version is the fact that there are more types of assets as compared to the previous version.
In the original version, the assets are generally consists of stocks, bonds and properties. But the revised version has further introduced dividend stocks, junk bonds, convertible bonds and hotels as their asset classes. It is interesting to see which assets would outperform in the different segment of the economy it is played in. Buy low sell high - that's the mantra of all successful investing. Whether or not it is easy to execute is a different story.
There will be an official launch on the 9th September from 1 to 6 pm at the Kinokuniya Ngee Ann City. Do keep a lookout for it!!!