[MoF] Financial Update and BOI

Day 4,132, 10:04 Published in Ireland Ireland by New Ireland Bank



Dia Dhuit, Éire!

It’s been a long time since I published the last financial report. The last one has been published in the CP update article on a day 4083. Since that article we’ve seen many good and bad stuff in financial aspect. We’ve increased the budget of our two most valuable projects and boosted our expenditures balance on a minimum of 600 000 IEP a month. In the meantime our income has been shifting heavily due to Bulgarian invasion, we’ve been losing money for most of the month due to occupation, but thanks to Turkey those dark days are gone now and we can move back to the previous state. Once Italy is out of Mayo, our production region the Irish incomes will start growing and probably overpass the historic records.



Financial report

Last couple of months have been extremely passive when it comes to our finances. I didn’t invest much due to economy being acting weirdly. Before the January I could tell exactly what the prices of products or gold will be next day, but late January and whole February have seen loads of changes. Some of those changes are removal of the CO’s, huge downfall of raw prices and big wars. All those things affected the markets and it become lot harder to invest with a decent profits. Things are getting back to where they were before all those changes and it looks like we could be bathing in the money again soon. I’ve adjusted my model of predicting the prices with two new indexes and once again it gives me quite correct prices.

We’ve invested most of the cash we’re owning to products/gold. Another 400k have been invested into the #buyirish project which is still being ran by Alias12 even though he temporary changed his CS to eUSA. He’s been adding the profits to our treasury directly, so it’s being counted within the donations and not profit. The money currently on the treasury is also not being counted in the table below, however, the currently ongoing donation (Day 4133) is.


*updated on day 4132 including the ongoing donation on day 4133
**not counting the current treasury money

I can’t say I’m happy with my work during the last couple of weeks. We got hands tied down with some products that lost value so our operation ability has been limited, however, we’re still stocking massive amounts that will gain value in the coming days and bring us some profits. In the meantime I’ll be doing my best to activate as many orgs as possible to invest the currently owned cash into the Monetary market by doing some operations. Remember, the most expensive money is the money not being invested. I’m expecting March and April to be extremely fruitful months when it comes to profits.



Bank Of Ireland - Restarting the great project

Bank of Ireland is a project started by the Ministry of Finances several months ago. Once the markets got passive we paused it for a good while, but today we can finally re-open it as there are many good investments in the eWorld right now. Most of our money is already invested, so it might be a perfect time to give the same opportunity to all Irish citizens. You can find all the informations about the Bank of Ireland in this article. The BOI project is open to every Irish citizen unless I suspect them being multies.

All in all, BOI is a project which enables Irish citizens to invest their money in the common fund. This fund is being ran by myself personally and no one else, so I’m a guarantee that your money will be taken care of the same way I’m taking care of my own money. You can buy shares in fund and your profits will be given back to you according to the share percentage you’re owning. By joining the fund you’re making it stronger and more capable to influence the global markets in order to make more profit. It’s simple - the bigger investment is it’s easier to make money and the gains in profit are bigger.

For example:
If Citizen X donates 100 000 IEP of a total of let’s say 1 000 000 IEP he will own 10% of the fund. The whole amount will be invested in the stuff I consider to be profitable. That ‘stuff’ can be weapon, food, gold or other products. If we repeat the success made in the first investment wave and earn 14,39% profits our fund value will be 1 143 900 IEP. This means that whatever you invest you’ll get 14,39% more back. Our Citizen X would make 114 390 IEP which means a pure profit of 14 390 IEP. In reality, the figures usually go up to 4 000 000 IEP investments by the Irish citizens.

In order to join Bank of Ireland Investment fund just send me the money and write me up a message that the money is donated for the Bank of Ireland. I’ll add you to the spreadsheet and will keep it updated while we go.



Other important stuff

Buy Irish project is being ran by Alias12 and it will see a quite downshift due to our TW with USA as he had to change the CS. He’s still tied with loads of products on him so we’re waiting for that to produce some profits. In the meantime he’s responsible for the 400 000 IEP being invested in the project.

Our concession with France being disrupted due to war with Bulgaria has somewhat destroyed our incomes. They got lower over that period of time. Our expenditures are still high, but there’s still more room for several smaller or mid-sized projects.

I’d also like to thank the Congress for being very cooperative with all the laws and votings. This is probably the best few Congress setups we’ve had in a while.





Yours,
Warbhoy