Tuesday, August 23, 2016

Wongamania (Banana Economy) - Review

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 (InvestOpenlyBudget BabeSTE 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!!!


17 comments:

  1. This Wongamania (Banana Economy) game sounds like a lot of fun while offering valuable financial lessons. Looking forward to the official launch!

    ReplyDelete
    Replies
    1. Hi TFS

      Indeed it is.

      I'm sure you and your wife would love given your background :)

      Do join us next time.

      Delete
  2. How much would it cost, B?

    ReplyDelete
  3. Can share who is who in the pic ? :-)

    ReplyDelete
    Replies
    1. Hi Cory, I am the one with the least hair, as for the rest, let B introduce them to you personally! lol

      Delete
    2. Hi Cory

      Beside me on the right is STE and the lady on the left is budget babe.

      The qian bei in front of me is Richard while the guy beside him is Musicwhiz.

      Do join us next time in our gathering :)

      Delete
    3. I am based oversea. But happy to join if have chance lah

      Delete
  4. B is easy to spot.. haha
    the rest, hmm..

    ReplyDelete
  5. Hi FC

    Hahahaa, join us next time k ;)

    ReplyDelete
  6. Hi B et al,
    I really enjoy playing the game with you guys , haha , I might be too agrgresive in early stage and try to collect as much asset as possible,,, at the end due to recession hit us,, and have to declare bankruptcy , haha ,,, being " sabo" ,,else, might be the winner ,, :) but ,, that's life right ! We don't know who will be the winner till the end,, same like investing ,,,:P
    Cheers !

    ReplyDelete
    Replies
    1. Hi STE

      We'll have another round next time ;)

      Now we are all more experienced than before... haha

      Delete
  7. Hi Kyith,

    I saw the original version being sold at BFP HQ at Dhoby Ghaut. I'm interested in learning about the game and would like to check if there are interest groups that a single person like me can sit down to learn and play the game?

    Thanks.

    ReplyDelete
    Replies
    1. Hi Scopion

      Ahh, they often organized a session at the BFP HQ. Next time, perhaps you can come also? Not sure if you get the invites..

      Delete
    2. Is there any specific location that i can buy the new game from ?

      Delete
    3. Thanks! I just read that BFP HQ will be moving out of Dhoby to Ayer Rajah... Not fully sure where is it but will find out more from them. I've attended a training session with them as well so maybe I'll seek their advice on their next session to see if I can join in. Also, I noticed the 2nd version packaging in a lot bigger(baby sized!) The one I saw at BFP HQ was pocket sized, in the event that I would purchase either set, which one do you recommend?

      Delete
  8. Hi Cory,

    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!!!

    I'll try to make it to see if there is a session where my wife and I can try out before purchasing. Hope to see the 'familiar faces' there! :D

    ReplyDelete

UA-57154194-1