Wednesday, December 31, 2014

Wongamania - What I've Learned From This Fun and Enriching Board Game?

Wongamania card game
Thanks to Alvin (Big Fat Purse) for inviting me to play the educational card game, Wongamania with a few of the peer bloggers (T of 15HHW, Christopher of Growing Your Tree Of Prosperity, B of A Path To Forever Financial Freedom and Royston aka MusicWhiz) at his office. It was a fun 2 plus hours with lots of laughter, interaction and "sabotaging" each others. 

Wongamania is a new home grown educational (financial) board game (developed by Capital Gains). Before playing the game, the first thing that came naturally to my mind is : is this another variation of Cash Flow board game (from Robert Kiyosaki aka the Rich Dad And Poor Dad creator)? But there is no way for me to make any comparison as I didn't play the latter before. I casually asked the game developer and his answer is NO and I believe him ;-)

After playing 2 rounds of the game within 2 plus hours, I liken Wongamania as Monopony-Without-The-Dice (Financial Market Edition)! It is suitable for those who want to learn more about the financial market (e.g. stocks, bonds, properties etc..), the fun way.

Besides getting to know the peer bloggers better, which is priceless, following are some highlights of what I have learned (or relearned) from the game:

1.  Winner of the game is defined as the first player whom obtained 3 "trust fund" cards AND without any outstanding debts. From both of the games that we played, the winners won the games through mixtures of stocks/bonds/properties investment at various stage of the game. Hence, if we equate the winner as achieving financial freedom, investing in mixture of instruments is important for the success.
Wongamania board game

2. There is always Ups and Downs in whatever we are investing in. The fun part of the game is that player can "sabotage" the other player(s) with their opportunity card(s), which create the true element of the volatility/risks that investors are facing. Can we avoid them? The short answer is NO, but we can definitely look into ways to mitigate the risk(s).

3. Regardless of how good are you with your game (or investment), LUCK still has a part to play! We can't be right 100% of the time, but as long as we keep investing, we are still IN the game ;-)
Wongamania board game

For those who like to improve your financial literacy, the fun way (and the best part is : with friends), maybe Wongamania is what you are looking for. Click here to find out more about the board game.

Cheers!

P/S: This is NOT a sponsored post!

13 comments:

  1. Replies
    1. SRSI : Yes! It is interesting. If you have chance, should give it a try too ;-)

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  2. Replies
    1. Lizardo : you can either buy it online via their official site (link in the post above) or get it on the spot at Big Fat Purse office (Near Plaza Singapura). It is retailed at $38

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  3. Hi Richard

    Indeed they are a very entertaining game and sorry for sabotaging you all the time :)

    Next time I know I just keep my wonga and dont sabotage people. Lol

    ReplyDelete
    Replies
    1. B : hahaha.. Actually, that (sabotaging) is the fun part of the game!

      Too much wonga on hand is not a good idea too.. So, bond and trust fund card still safer! Lol

      Have a great New Year to you!

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    2. B : You should bribe other people to sabo people. That way, you can keep your hands clean and not build bad karma. Haha.

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  4. Wow....interesting. Will I be able to play the game too?

    ReplyDelete
    Replies
    1. David : Next time if Alvin (Big fat purse) is organizing the game, will let you know if there is available slot.

      Cheers!

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  5. Hi Richard,

    So did you emerge out as the final winner of the wongamania game? Haha

    ReplyDelete
    Replies
    1. Secret investors : Not really. Went through a couple of times of "bankruptcy" though! Hahahaha...

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    2. Hi Richard: hahaha! I'll have followed your link to the capitalgains website and it certainly looks interesting. Maybe will consider purchasing it :)

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