OK, I admit it. I didn’t read the owner’s manual when it came to understanding HOW does the NASGO work?
I’m a typical male. If I buy I new television, I open it up, grab the remote and start pushing buttons. I am not one for reading the owner’s manual, at least until I absolutely have it :)
I’ve been in Wenyard for 3 months and people keep asking me, “How does the NASGO work?”
So today I went to the NASGO page in my Wenyard Back Office and was pleasantly surprised with how comprehensive the information was.
For non-members here is what it says.
For non-members here is what it says.
NASGO Power
NASGO is truly unique because of the multiple factors bringing liquidity to the stock market. Liquidity is the single most important factor in any market places for prices to increase.
The synergy between the Wenyard network marketing program with its real time bonus system and the way this is linked to the NASGO stock market game creates instant liquidity as part of the bonus is paid to a Mandatory Account where fund must be used in the game.
The strong marketing power from thousands of active players being rewarded to create interest and activity in the NASGO game of skill is a strong reason why NASGO has potential for growth beyond most other online games or virtual financial possibilities.
NASGO Stock Trading
As a part of registration in Wenyard, members will receive WFO (Wenyard Future Options) The amount of WFOs depend on which package the member has purchased. These WFOs can be used to purchase stock from any NASGO listed company or from the NIF.
From the real time Wenyard bonus payment, 30% of the bonus is placed in the member’s Mandatory Account. The member may purchase any stock listed on NASGO or parts in NIF using funds from the Mandatory Account.
If the member has not made such purchase within 7 days from the time the funds were deposited into the Mandatory Account, the game will automatically purchase NIF parts for the money.
All purchases made by WFOs or from Mandatory Account are escrowed for 30 days. Members can use Account Balance to purchase stock from any listed company on NASGO. Stock purchased from Account Balance can be freely traded and is not subject to any escrow systems.
NASGO Index Fund (NIF)
NASGO Index Fund (NIF) invests in stock in the NASGO listed companies. The investment portfolio seeks to mirror the combined performance of the listed companies.
NIF monitors the changes in value and volume in each of the listed companies and make decisions on an hourly basis on the selling and buying of stock in order to reflect the overall performance.
The price for a part of NIF will be based on the Index. The Index will start at 100 when the game opens and be adjusted hourly based on the NASGO Index Fund performance.
There is a 2% per month maintenance fee for NIF accounts.
NASGO Selling and Buying List
For each company there will be a list of the selling bids and the buying bids.
For those who wish to buy stock, they can choose to buy from the selling list or they can enter a buying bid to the buying list.
For those who wish to sell stock they can choose to sell by accepting a bid on the buying list or they can enter a selling bid on the selling list.
All completed sell orders are subject to a 4% fee.
NASGO Stock Weighing
NASGO stock will be subject to a weighing process based on input from several parameters in the real financial world as well as information given in newsletters about fictional corporate developments.
So there you have it....answers to many of the questions about the NASGO.
Below are resources to learn more about Wenyard, the NASGO, and how to make money online.
To learn more about how to make money online or from home and get a copy of my book, "How to create a life that's like one long vacation" click here.
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Lastly study this BLOG.
If you come to the conclusion I did that Wenyard is really the amazing income opportunity I have found it to be you can join Wenyard, start playing the game, buy and sell shares and make money by clicking here.
Regards
Michael Faust
Internet Entrepreneur | Author | Mentor
Internet Entrepreneur | Author | Mentor
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