Boglehead Board Game!!

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heybro
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Boglehead Board Game!!

Post by heybro » Mon Jun 05, 2017 10:29 pm

If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
You opened a Vanguard account, advance 4 spaces.
The stock market plummets, if you choose to keep your asset allocation the same, advance 1 spot.

Bad Ones:
You bought a brand new car, go back to start. LOL.
The stock market plummets, if you choose to sell funds, go back to start.
Flashy Home Equity Loan - go back 10 spaces.

Milestones and Ultimate Goal!
FIRE?

Doom&Gloom
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Re: Boglehead Board Game!!

Post by Doom&Gloom » Mon Jun 05, 2017 10:32 pm

Where is the market? Who would pay for one? :D

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stemikger
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Re: Boglehead Board Game!!

Post by stemikger » Tue Jun 06, 2017 12:07 am

heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
You opened a Vanguard account, advance 4 spaces.
The stock market plummets, if you choose to keep your asset allocation the same, advance 1 spot.

Bad Ones:
You bought a brand new car, go back to start. LOL.
The stock market plummets, if you choose to sell funds, go back to start.
Flashy Home Equity Loan - go back 10 spaces.

Milestones and Ultimate Goal!
FIRE?
I love it. I would definitely be a consumer.
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!

CFM300
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Re: Boglehead Board Game!!

Post by CFM300 » Tue Jun 06, 2017 12:15 am

heybro wrote:If there were a Boglehead Board Game...
Such a thing did once exist. Old-timers will remember it.

But I just checked the URL (previously posted on this forum) for the game's website, and now the URL points to a Japanese escort service.

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stemikger
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Re: Boglehead Board Game!!

Post by stemikger » Tue Jun 06, 2017 8:12 am

CFM300 wrote:
heybro wrote:If there were a Boglehead Board Game...
Such a thing did once exist. Old-timers will remember it.

But I just checked the URL (previously posted on this forum) for the game's website, and now the URL points to a Japanese escort service.
Even better! LOL.
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!

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greg24
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Re: Boglehead Board Game!!

Post by greg24 » Tue Jun 06, 2017 8:41 am

We would all be too cheap to buy.

Teague
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Re: Boglehead Board Game!!

Post by Teague » Tue Jun 06, 2017 8:46 am

Your Corolla reaches 300,000 miles. Spend eight bucks to get it washed.
Semper Augustus

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JupiterJones
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Re: Boglehead Board Game!!

Post by JupiterJones » Tue Jun 06, 2017 9:04 am

How to play:
  1. Each player then takes turns rolling the dice and writing down the total
  2. The average roll value is calculated
  3. All players then move their game pieces equally by this amount.
Stay on target...

staythecourse
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Re: Boglehead Board Game!!

Post by staythecourse » Tue Jun 06, 2017 9:08 am

Actually this sounds like a fantastic idea. What better way to teach boglehead/ good financial habits to young children. We always have posts on how to teach kids good financial habits. This would be a great start.

Hopefully, someone will take this serious and make one (under the approval of the bogleheads admin) to further financial literacy.

Good luck.
"The stock market [fluctuation], therefore, is noise. A giant distraction from the business of investing.” | -Jack Bogle

deltaneutral83
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Re: Boglehead Board Game!!

Post by deltaneutral83 » Tue Jun 06, 2017 9:20 am

-You only average 1.5 uses per strand of floss- go back one space.
-Your average speed on the highway is 72mph and not the desired efficient 56mph (which also reduces chance of speeding ticket)- go back one space
-You selected a beverage (instead of water) at your semi annual meal out at a restaurant - go directly to jail

-New credit card signup bonus - collect $100
-Drive current Toyota/Honda 200k miles - advance 3 spaces
-Cash out old WL and buy 20 year level term - advance 4 spaces
-Watch your net worth everyday and wonder if you'll starve on 40x expenses knowing full well you're better off than 99% of Americans- advance 2 spaces
- Tell Edward Jones to pound sand - instant victory of board game

aristotelian
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Re: Boglehead Board Game!!

Post by aristotelian » Tue Jun 06, 2017 9:30 am

It would be like Monopoly except every square would be Total Stock Market.

123
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Re: Boglehead Board Game!!

Post by 123 » Tue Jun 06, 2017 9:35 am

Instead of landing in jail you would land on "Edward Jones" and have to pay 5.75% of your assets to get out.

Land on "RMD" and have to pay your RMD (based on traditional IRA assets and age) to the bank.
The closest helping hand is at the end of your own arm.

BanditKing
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Re: Boglehead Board Game!!

Post by BanditKing » Tue Jun 06, 2017 9:45 am

Every turn, you can choose to move ahead 2 spaces (slow and steady) for free and get +5% of your money, or draw a movement card which could have you move ahead 3 or 4 or 5 spaces, or send you back the same and give you anywhere from -20% to +20% of your money. The movement cards are rigged against you so slow and steady almost always wins. To draw a card, you also have to pay a fee.

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flamesabers
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Re: Boglehead Board Game!!

Post by flamesabers » Tue Jun 06, 2017 9:51 am

heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
You opened a Vanguard account, advance 4 spaces.
The stock market plummets, if you choose to keep your asset allocation the same, advance 1 spot.

Bad Ones:
You bought a brand new car, go back to start. LOL.
The stock market plummets, if you choose to sell funds, go back to start.
Flashy Home Equity Loan - go back 10 spaces.

Milestones and Ultimate Goal!
FIRE?
Good spaces:
You convinced your employer to offer inexpensive 401k plan. You can now retire 5 years sooner then expected.
You shopped around for better deals for your insurance needs. Collect $200 from the bank.
You started investing at a young age. You can retire 10 years early.

Bad Ones:
You try to time the market and lose a fortune. You lose one turn.
You forgot to pay a credit card bill and are hit with hefty late fees. Pay $100 to the bank.
You used your debit card at a store that was the target of a data breach. You are unable to spend your money for the next 2 turns as you wait for your bank to refund your stolen money.

KlangFool
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Re: Boglehead Board Game!!

Post by KlangFool » Tue Jun 06, 2017 10:14 am

heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
heybro,

2008 occurred. The stock market and the housing market crashed 50%. X lost his/her job and X were unemployed for 3 years. X were forced to sell his / her stock and house in order to feed X's family. X's net worth went down to zero.

I wish this is a joke. But, this is a normal occurrence every few years.

KlangFool
Last edited by KlangFool on Tue Jun 06, 2017 10:22 am, edited 1 time in total.

user5027
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Re: Boglehead Board Game!!

Post by user5027 » Tue Jun 06, 2017 10:16 am

This brought back a memory from the 60's and 70's, playing 3M Bookshelf games Acquire and Stocks & Bonds. Thanks!!
Wikipedia

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flamesabers
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Re: Boglehead Board Game!!

Post by flamesabers » Tue Jun 06, 2017 10:39 am

KlangFool wrote:
heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
heybro,

2008 occurred. The stock market and the housing market crashed 50%. X lost his/her job and X were unemployed for 3 years. X were forced to sell his / her stock and house in order to feed X's family. X's net worth went down to zero.

I wish this is a joke. But, this is a normal occurrence every few years.

KlangFool
Having an underwater mortgage isn't a good situation to be in either I think.

My impression from the OP's post is prioritizing paying off debt instead of spending the money on frivolous items, not paying off your mortgage to the extent you're living paycheck to paycheck.

KlangFool
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Re: Boglehead Board Game!!

Post by KlangFool » Tue Jun 06, 2017 10:52 am

flamesabers wrote:
KlangFool wrote:
heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
heybro,

2008 occurred. The stock market and the housing market crashed 50%. X lost his/her job and X were unemployed for 3 years. X were forced to sell his / her stock and house in order to feed X's family. X's net worth went down to zero.

I wish this is a joke. But, this is a normal occurrence every few years.

KlangFool
Having an underwater mortgage isn't a good situation to be in either I think.

My impression from the OP's post is prioritizing paying off debt instead of spending the money on frivolous items, not paying off your mortgage to the extent you're living paycheck to paycheck.
flamesabers,

X has 6 months of emergency fund. X thought that his/her job is safe. So, 100% stock too. X wants no debt and pays off the mortgage. But, life happened and X was unemployed for 3 years.

KlangFool

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oldcomputerguy
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Re: Boglehead Board Game!!

Post by oldcomputerguy » Tue Jun 06, 2017 10:58 am

Teague wrote:Your Corolla reaches 300,000 miles. Spend eight bucks to get it washed.
Or spend $2 at the local u-wash-it.
Anybody know why there's a 20-pound frozen turkey up in the light grid?

BanditKing
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Re: Boglehead Board Game!!

Post by BanditKing » Tue Jun 06, 2017 12:19 pm

oldcomputerguy wrote:
Teague wrote:Your Corolla reaches 300,000 miles. Spend eight bucks to get it washed.
Or spend $2 at the local u-wash-it.
I dunno, for 300k, I think one can splurge a little bit. Sometimes you just have to treat yourself, y'know?

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weltschmerz
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Re: Boglehead Board Game!!

Post by weltschmerz » Tue Jun 06, 2017 12:30 pm

Purchased a used Toyota Camry? You may be eligible for the Boglehead Color Bonus!
red, blue or green = -2 spaces
white, black, silver or grey = +2 spaces
beige = +5 spaces

minesweep
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Re: Boglehead Board Game!!

Post by minesweep » Tue Jun 06, 2017 2:54 pm

Boglehead version of the Monopoly game:

You land on States (Avenue excluded) and invest 15% of your money (that you collected as salary from going Pass Go) in the Vanguard Total Stock Index Admiral Shares.

You land on Oriental (Avenue excluded) and invest 2% of your money (that you collected as salary from going Pass Go) in the Vanguard Pacific Stock Index Admiral Shares.

You land on Mediterranean (Avenue excluded) and invest 2% of your money (that you collected as salary from going Pass Go) in the Vanguard European Stock Index Fund Admiral Shares.

You land on Baltic (Avenue excluded) and invest 1% of your money (that you collected from as salary from going Pass Go) in the Vanguard Emerging Markets Stock Index Admiral Shares.

You land on Vermont (Avenue excluded) and must pay $15 to buy real maple syrup (not the cheap imitation brand) because it tastes better (and because you invest in index funds you deserve to splurge a little).

You land on Electric Company and you must purchase a pack of light bulbs. Because you are a Boglehead you choose to buy the energy efficiency bulbs because you know that even though it costs more they will more than pay for themselves in energy savings over the life of the bulb. Price of the bulbs has yet to be determined.

You land on Income Tax and must pay a tax on the salary you received from going Pass Go. Your tax is based on you actual marginal tax bracket in real life (Bogleheads are an honest breed and wouldn’t think of cheating the IRS).

You land on Luxury Tax and you don’t pay anything because Bogleheads are basically a frugal bunch and don’t buy many luxuries. It’s a meaningless square for true Bogleheads. Remember this is a game (not real life).

You land on a Railroad and once again pay nothing. Because as a Boglehead you understand the importance of buying index mutual funds and won’t be railroaded into buying any high price managed funds.

You land on Go to Jail because you bought a high priced managed mutual fund. You were clueless to the Boglehead philosophy at the time. You vowed never to roll the dice that would land you on Go to Jail ever again.

You land on Free Parking and park any emergency money you might need for the next 6-12 months.

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oldcomputerguy
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Re: Boglehead Board Game!!

Post by oldcomputerguy » Tue Jun 06, 2017 3:30 pm

BanditKing wrote:
oldcomputerguy wrote:
Teague wrote:Your Corolla reaches 300,000 miles. Spend eight bucks to get it washed.
Or spend $2 at the local u-wash-it.
I dunno, for 300k, I think one can splurge a little bit. Sometimes you just have to treat yourself, y'know?
Yeah, but that $6 I just saved on the car wash can now go to good beer.
:beer
Anybody know why there's a 20-pound frozen turkey up in the light grid?

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oldcomputerguy
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Re: Boglehead Board Game!!

Post by oldcomputerguy » Tue Jun 06, 2017 3:34 pm

minesweep wrote: You land on Electric Company and you must purchase a pack of light bulbs.
Or ---

You land on Electric Company and you must invest $10,000 in VGELX Vanguard Energy Fund (Admiral Shares).
Anybody know why there's a 20-pound frozen turkey up in the light grid?

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DaftInvestor
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Re: Boglehead Board Game!!

Post by DaftInvestor » Tue Jun 06, 2017 3:59 pm

Good:
Max your 401K - advance 5 spaces
Backdoor IRA - advance 5 spaces
Contribute to a 529 - advance 3 spaces
Use points/miles to fully fund your vacation - advance 10 spaces

Bad:
Borrow from you 401k - back 2 spaces
Your roof is leaking and you don't have an EF so have to sell stock in taxable - back 5 spaces
Your leave your job and cash out your 401k at 10% penalty - back 2 spaces
You chose to invest in PANW last month instead of TSM - back 3 spaces

FedGuy
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Re: Boglehead Board Game!!

Post by FedGuy » Tue Jun 06, 2017 6:27 pm

Enter two comma club -- gain two points, but you can only tell people about those points on an anonymous website and cannot disclose them to anyone you know in real life.

bayview
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Re: Boglehead Board Game!!

Post by bayview » Tue Jun 06, 2017 6:49 pm

heybro wrote:If there were a Boglehead Board Game, what are some 'neat' spaces you would land on?

Good Ones:
You paid off your mortgage, advance 10 spaces.
You opened a Vanguard account, advance 4 spaces.
The stock market plummets, if you choose to keep your asset allocation the same, advance 1 spot.

Bad Ones:
You bought a brand new car, go back to start. LOL.
The stock market plummets, if you choose to sell funds, go back to start.
Flashy Home Equity Loan - go back 10 spaces.

Milestones and Ultimate Goal!
FIRE?
I have to make some changes here:

Good Ones:
You paid off your mortgage, advance 10 spaces advance 4 spaces.
You opened a Vanguard account, advance 4 spaces advance 1 space. (I love Vanguard, but there are other options)
The stock market plummets, if you choose to keep your asset allocation the same, advance 1 spot advance 10 spots. <-- THIS is how you win at Boglopoly!
The continuous execution of a sound strategy gives you the benefit of the strategy. That's what it's all about. --Rick Ferri

GLState
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Re: Boglehead Board Game!!

Post by GLState » Tue Jun 06, 2017 7:29 pm

You buy a $5000 wrist watch :D

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LadyGeek
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Re: Boglehead Board Game!!

Post by LadyGeek » Tue Jun 06, 2017 7:33 pm

Thread locked for moderator review.
To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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Re: Boglehead Board Game!!

Post by LadyGeek » Wed Jun 07, 2017 7:26 pm

Upon further review, this thread is unlocked to continue an actionable discussion of teaching Boglehead / good financial habits to young children* (or perhaps those not so young).

Also see the wiki: Bogleheads® financial literacy project

* Thanks to staythecourse for summarizing.
To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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TD2626
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Re: Boglehead Board Game!!

Post by TD2626 » Wed Jun 07, 2017 9:26 pm

This seems like a good idea. Mabye the game could involve answering trivia-type questions about basic investing theory.

It could be a simple "go around the board" type game. First person to get around the board wins. Each turn, someone reads you a question and if you get it right you roll the dice and move ahead that many spaces.

Some spaces should be marked "market crash - move back 5 spaces" or "tracking error - go back 1 space" (or similar).

Questions should be about general investment knowledge. Things like "If bond yields rise, prices generally ... " (Answer - fall).

Just like in investment, there should be the opportunity to take more risk for more reward. For example, a square marked "Chance" could be a chance to answer a hard question on factor tilting for the opportunity to shortcut 10 spaces ahead - but get it wrong and move back 5 squares.

Just some ideas. Other games could be money-based, for example.

No matter what, the game must reward staying the course - switching strategies shouldn't be allowed.

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willthrill81
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Re: Boglehead Board Game!!

Post by willthrill81 » Wed Jun 07, 2017 10:41 pm

TD2626 wrote:This seems like a good idea. Mabye the game could involve answering trivia-type questions about basic investing theory.

It could be a simple "go around the board" type game. First person to get around the board wins. Each turn, someone reads you a question and if you get it right you roll the dice and move ahead that many spaces.

Some spaces should be marked "market crash - move back 5 spaces" or "tracking error - go back 1 space" (or similar).

Questions should be about general investment knowledge. Things like "If bond yields rise, prices generally ... " (Answer - fall).

Just like in investment, there should be the opportunity to take more risk for more reward. For example, a square marked "Chance" could be a chance to answer a hard question on factor tilting for the opportunity to shortcut 10 spaces ahead - but get it wrong and move back 5 squares.

Just some ideas. Other games could be money-based, for example.

No matter what, the game must reward staying the course - switching strategies shouldn't be allowed.
I like your ideas except for this one. If active stock pickers are "staying the course," I doubt you would recommend that they continue with that strategy.

There should be a way for the game to encourage basic Boglehead philosophy, but I'm not sure if that can be done while allowing for different strategies to 'win', a basic element of most, though not all, successful board games. Perhaps one could focus on different aspects of Boglehead philosophy, any of which could win.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

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