Empire Avenue Strategies & Thoughts

I am a bit over 6 months into Empire Avenue(EAv); so I guess it is time to help folks understand what I am doing.  I was very fortunate to have excellent guidance that helped me focus on being successful with EAv.  The advice was simply to concentrate on building wealth.  Everything else will follow.  I have found that continues to be true.

I am not a Social Media or any other kind of rock star.  I joined Empire Avenue because I didn’t really know much about Social Media.  I started with dormant LinkedIn account and a few hundred friends on Facebook.  I really wanted to us EAv as a sandbox for learning and experimenting.  It has gone reasonably well.  My Klout score is 77.  My Kred is 762/8.  My PeerIndex is 66.  I have thousands of FB, G+, Twitter, LI, other connections.  I have an active blog presence on WordPress, Blogger, & Tumbler.  I am a TrustAnchor in TrustCloud and have a presence on a ton of Social Media platforms.

My Share Price exceeded 300 at about 6 months,  my Net Wealth is over 250M, and I receive over 1M  in Dividend Income each day.  My next goal is to produce Dividends over 2.00(e) per share. I am around 1.75(e) now.  I am invested in about 2,500 profiles and have about 2,000 shareholders.  My 5 scoring networks in EA are FB(84), EA(64), Tw(54), G+(53), WP(43).  That puts me in the top 100 EA players in all but Twitter.

I have not spent any cash to play EAv for anything.

A few folks have asked how did I get to this so quickly.  From my side, it felt like it took forever, but I can offer a few suggestions.  I completed a ton of missions.  That was my primary source of income for most of my time on EAv.  I also learned a lot and met a ton of great folks.  I did not create missions until a few months into EAv.  My first missions were occasional buy missions on days that I had trouble with being red.  I only did few buy me missions; because if you do them all the time; then folks wait to purchase your stock until your next mission.  I bought a ton of stock.  I divided my purchases in thirds.  I started with purchasing stocks that looked like me.  About the same share price, activity level, and preferably stock with a substantial Portfolio to Shareholder ratio.  That meant they were actively investing.  This often produced buy backs to support my share price.  Next I purchased Fresh Face stocks.  I selected attractive new stocks; then sold as they lost interest building capital rapidly. Buying & selling Newbies was my second largest source of wealth growth.  Finally I bought the “name brand” stocks.  The leader board folks with the insane dividends.  I invested slowly in these stocks.  I did not want to tie up too much of my capital until I could really afford it.

My summary for growing wealth is:

• Invest aggressively for growth in the beginning.
• Complete tons of missions.  Do them well and build a good reputation.
• Shout always, often, and everywhere.  Thumbs up are good also.
• Avoid creating missions unless you have a serious need.  Do them infrequently and not as a crutch.
• Avoid buying the really expensive stocks.  Purchase enough for a reasonable buy back; since they will frequently max in you, but do not try to match.  The big players understand.  They know if you try to match with them, it will hurt your ability to play EAv.
• As your income increases, focus on high dividend stocks to grow & stabilize your income.
• Do your Pie upgrades early.  They hurt, but they are necessary for your growth.  Dessert is OK, but not a great value early in the game.
• Do your Portfolio upgrades as necessary.  Be sure to clear your Portfolio of slider stocks  first to clear space. This is the one place where I think that spending cash might have been smarter.  Seems like a Portfolio upgrade costs one to two days of income to buy with eaves.

Each day I try to run 3 to 5 missions designed primarily to improve my EA activity scores. I budget about 200K for that.  I complete a fair number of missions from other folks.  That is becoming a less important source of income.

Each day I use Dr. Dittrich’s Inside EAv tool to buy 3 to 10 shares of my top 300 to 750 stocks spending 300K to 1M depending on eaves available.  This is helpful for my EAv activity and reminds folks about my investment in them.  I own more shares of all these stocks than they own of me.  I realize that my share price is higher (much higher in many cases) than most of my portfolio.  I understand that many will have difficulty matching my investment immediately.  I also know that I could be bought for 10.00(e) a few months ago.   I do want some sense of mutual effort toward investing back.

I also try to go through the list of folks who bought my shares each day.  I want to acknowledge the investment and to be sure that I appropriately reward that investment with a buy back.  If your price trends and dividends are attractive, you will find yourself nicely rewarded.  If you are struggling, I am likely to simply match.  There is no magic formula here.  My level of buy back is partly dependent on how many eaves I have and partly on my attitude toward life at that moment.

If you want to be bought; invest in me, shout at me, be active on the Avenue, have great dividends, and have positive share price graph.  If you have questions, ask.  If I somehow missed a buy back, let me know.  It was an oversight, and I am sorry.  I will fix it within a day if I know.

A couple of dark side items:

• I usually don’t check for mission thieves, but when I do…I report you, I block you, and I ask my friends to do the same.  Typically that will turn you red.  It is a bad value; so just don’t do it.
• If you sell me, you are stupid.  I guess that is arrogant, but I have never had a red day and my dividends are rising; so why sell?  I usually don’t check or worry much about that either, but if I happen to catch such silly behavior, I use the same strategy as I do for the mission thieves…sell, block, & ask my friends to do the same.
• If you don’t invest back in me, I consider you my savings account.  If you turn red, your dividends drop, you quit playing, or I am broke; you are at risk to be sold.

Let’s just be friends, treat each other with kindness, and have some fun on Empire Avenue!

Portfolio upgrades, Pie purchases, and life sometimes will override my strategy.  I view this as a statement of intent not a promise.

Best wishes and good luck on your quest down Empire Avenue.  Again if there is any way that I can help, please just ask.