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MSTiger33
LSU Fan
New York City
Member since Oct 2007
16814 posts

RBLX- because kids love spending money
Did anyone else buy this yesterday? I manage some iras for my niece and nephew who love this game. I decided to buy some shares in their iras. Fingers crossed. I told their dad he needs to make some more in game purchases.

What is MT thoughts on this one?


DVinBR
US Space Force Fan
Member since Jan 2013
7966 posts

re: RBLX- because kids love spending money
i got some yesterday right as it opened, kids love this game


TigeRoots
New Orleans Saints Fan
Member since Oct 2008
7399 posts

re: RBLX- because kids love spending money
I know nothing about it but does it have staying power or is it just the latest fad/flash in the pan? Kids don’t have much loyalty and are quick to move onto the next thing.


Upperdecker
US Space Force Fan
St. George, LA
Member since Nov 2014
24700 posts

re: RBLX- because kids love spending money
I’m assuming it has no staying power. Even Fortnite is fading now, and it was at the top of the world at one point


LSUregit
LSU Fan
Member since Dec 2013
1490 posts

re: RBLX- because kids love spending money
I'm one who buys Robux b/c nieces/nephews always request it for bdays, Christmas, etc. Somehow I always get suckered into this because I'm the "cool uncle"


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DVinBR
US Space Force Fan
Member since Jan 2013
7966 posts

re: RBLX- because kids love spending money
it's been around since 2006, that's long enough for mainstay in my book


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papz
LSU Fan
Austin, TX
Member since Jul 2008
9065 posts
 Online 

re: RBLX- because kids love spending money
Uh... there's a big difference here. Fortnite is ONE game.


glorymanutdtiger
LSU Fan
Baton Rouge
Member since Jun 2012
2252 posts
 Online 

re: RBLX- because kids love spending money
My kid and his friends love this game. I have no idea what it is but that’s all they talk


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NEMizzou
Missouri Fan
Columbia MO
Member since Nov 2013
1304 posts

re: RBLX- because kids love spending money
My kids know what Roblox is but I'm super cheap (when it comes to some things ) so they have no access to it at home. Bought a few shares for each; figure it'll be a good educational lesson for them on how investing works if nothing else and although the valuation might as well be out of thin air to my uneducated self I can't imagine it being a terrible long term play.

Image: https://thumbs.gfycat.com/BountifulIdealisticBrahmancow-size_restricted.gif


Yak
Chicago Cubs Fan
DuPage County
Member since May 2014
4460 posts
 Online 

re: RBLX- because kids love spending money
quote:

My kids know what Roblox is but I'm super cheap (when it comes to some things ) so they have no access to it at home.
Roblox is free to play


CE Tiger
LSU Fan
Metairie
Member since Jan 2008
40485 posts
 Online 

re: RBLX- because kids love spending money
Go buy some BFT . The real money is the payment applications on these games. BFT to PaySafe should be a nice boost.


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Venelar
USA Fan
The AP
Member since Oct 2010
974 posts

re: RBLX- because kids love spending money
quote:

Roblox is free to play


Sure it is. Next thing you know your kid has a monthly robux subscription plan


Yak
Chicago Cubs Fan
DuPage County
Member since May 2014
4460 posts
 Online 

re: RBLX- because kids love spending money
quote:

Sure it is. Next thing you know your kid has a monthly robux subscription plan
It's a 15 year old game, I don't think they will be doing that any time soon if they haven't already
This post was edited on 3/11 at 11:29 am


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Chitown_Badger
Chicago Cubs Fan
A one drink walk from Wrigley
Member since May 2013
20364 posts

re: RBLX- because kids love spending money
They were talking about this on CNBC a bunch yesterday, but I muted it when some gamer with pink hair who has millions of followers came on to talk about it. They were debating whether their business model could be successful long term playing only in the child demographic, or if they would need to expand things to target and appeal more broadly. I'm not sure where they netted out


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NEMizzou
Missouri Fan
Columbia MO
Member since Nov 2013
1304 posts

re: RBLX- because kids love spending money
quote:

Roblox is free to play


Unless it's free to play on the ancient WiiU my kids have or the Donkey Kong arcade cabinet I have my kiddos still can't play Not old enough for cell phones yet.


Thecoz
Member since Dec 2018
1273 posts

re: RBLX- because kids love spending money
it is on my list ...but waiting a few months.. looking for the three month dip...or stability


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Im4datigers
LSU Fan
Northern Virginia
Member since Oct 2003
3374 posts

re: RBLX- because kids love spending money
You should be fired from managing their IRA buying that crap.


Sev09
LSU Fan
Member since Feb 2011
14106 posts

re: RBLX- because kids love spending money
quote:

Even Fortnite is fading now, and it was at the top of the world at one point


Same with PUBG


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FoodExit
Alabama Fan
Mobile
Member since Jun 2011
803 posts

re: RBLX- because kids love spending money
quote:

You should be fired from managing their IRA buying that crap.

Cathie Wood bought it for one of her funds and apparently feels like it’s going to be a worth while stock.


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