Wednesday, July 25, 2012

To Invest or Not to Invest...


     Hey guys and gals. With the official release date for MoP revieled today I will be bringing you a new post with some related information. The focus of here is to point out ways you can invest the money you have to make MASSIVE profits over the next few months with spending very marginal amounts of time. The breakdown shows what the materials you will invest in will be used for.


Mining - > Blacksmithing


Elementium ore is incredible cheap right now. Now that MoP has been announced, players will begin to try and offload what they have for just as cheap if not cheaper. Watch the market and if the price dips even more, consider investing in a hefty sum. Elementium bars should not be ignored either. It is personal choice to smelt your elementium ore into bars or not. Bars will be in high demand as people try to powerlevel their professions and this usually means they are willing to pay more to save time.


                                   Herbalore - > Inscription:


                Many ways to make money here. A safe way would be to buy up a fair share of the herbs that will be inevitably crashing over the next  month or so and consider making Dust of Dissapearance. With the early release of the new talents, people will react like kids in a candyshop and be looking to play around with all sorts of talent and glyph combinations. Many people choose to just mill the cheap herbs and make Blackfallow ink. Sell the ink for a profit. If you are going to do this though, note that you can make a larger profit from selling the dust.


                                            Enchanting:


                This one really just consists of nabbing cheap enchanting mats and holding onto them until MoP. People want to level professions quickly so they can explore the new content. Supply the demand with a healthy markup.


                                Skinning - > Leatherworking:         
       
           Stocking up on leather is another clear winner. I really only suggest Borean and Savage but the demand for the lower leather  will also be present, the volume will just be much lower. If you plan to invest in leather, stay diversified but keep the largest portion in the two suggested. With leatherworking you may also be able to profit from cheap mats being used to make leg armors. I wouldn't go overboard here. There is gold to be made, but I don’t predict it will be too terribly much.


                                           General items:


Volatiles- You can buy these things dirt cheap right now. You can almost guarantee things like Volatile Earth and Volatile Life will not be 50 silver after MoP releases. Easy money to be had. Eternals and the likes also have plenty of room to make profit.

I’d recommend holding onto all the above items if you have them already. I would also highly recommend dumping all enchanting rod as they are being removed. Gems are pretty iffy. Sometimes they shoot back up in price after an expansion but sometimes not to much. Even when they do it takes many months. A super long term investment that is risky – not desireable. 


Just keep your eyes peeled. Watch the market and notice shifts in prices. Buy cheap and you will almost always sell for a nice profit. Don’t rush  anything. You have plenty of time to gather up supplies as they will soon be pouring into the market. Stay diversified!

Good luck guys and I hope I helped you pick out some items to invest in. Now go make some gold!

On a sidenote I will be doing a Givaway. Looking for a better name for the blog. Leave a comment below with your suggestion. Winning name will be picked on 8/1/12 and the winner will be contacted.

1 comment:

  1. Digging' another post. This one was a little tough though, because while you went from profession to profession and nailed a few key items to watch for, the theme of 'buy low, stockpile' seemed to be consistent enough that it applied to them all. As more information pours out, do you begin to value one profession's worth over another based on their estimated worth? You hit on gems being a sketchy commodity and why, but what looks to have the largest demand in the short run (the weeks after MoP drops), and what mats will have some staying power after people get their fill. What has consistently produced the most gold for you, and why? What would you suggest people move quickly in the timeframe before and after release, and what gets stockpiled for later (if anything?). These are things I'd be curious about, even if it is speculation; you have the experience to give readers far more insight than the layman, so are there any really stalwart recommendations/observations? Look forward to reading the next.

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