Kudos to Blizzard GM's

I have to admit, I was unhappy whent he GM told me that they couldnt restore my bank because the thief had access and rights.

After about 5 min the GM came back to me again and told me he pulled some strings and will get people to investigate my case.

Low and behold, all my stock and hold was sent via in game mail.

Thanx blizzard and the GM's who helped. I can now return to my duties of Gold hunting and teaching.

Stolen

Well your more than likely waiting for an update, well have I got one for you.

After a week of buying stock and selling regulars, we made some good cash and good stock.

I decided to clean out most of the mats and low and behold, we have been cleaned out. Most of our gold stolen and almost all our mats gone.

It was a old Officer from when the guild started. A good friend (or so i thought) who I had kept in the guild with myself and my banking partner as he was offline for some time and I wanted him to know where to find my main when/if he came back.

So here's your lesson. DONT TRUST anyone.

Blizzard is now in the process of reviewing my ticket and thus I might get some of the stuff back or not.

If not its 3000+ G gone.

My stock

Well we started yesterday with trying to find stuff we wanna buy and sell.

I netted a good 100G again via pet trading in the AH as selling in /2TRADE gives other people the idea of selling your items for cheaper thus getting the sales and ruining the market.

What I also found is that currently the mats for making Frostweave bags (60x frostweave cloth, 12x Infinite Dust, 2x Eternium Thread [per bag]) are significantly cheaper than what the bag itself is selling for.

On my market the mats amount to about 50-56G per bag and the bag sells for 68+ G thus netting me a good 8+ G profit (after deposits etc), making it a good way to make money and level up my skill.

Also started looking into buying Eternals and found that as usual the market is confused with high and low sellers. Once the low seller is bought out, the prices shoot to the norms again, which is normally high.

Also had a look at pets (other than the usual constant income pets I sell) and found that the market is too volitile to play in and I decided that I wont be losing money on those.

So all in all, we will be looking for cheap stock for the next week or so of Titanium Ore, Eternals and mats for bags and needed items.

I will also be looking into using my main (and paying her a salary/tip) to make things like Spellthreads and bags to make cash.

My partner will be looking into making armor kits to also recieve a constant income.

Eternal Belt buckles are dead on my realm, listing for anything from 28G-45G, thus the market has been killed in the last few months since I last sold those. I will however be keeping an eye on that item as it can turn at any time and with some innovative marketing in trade this selling price could once again be increased.

Tips for new players:

Try and make Netherweave bags if you are a tailor as this is a constantly selling item and will offer a good constant income to supply your training/repairs with gold.

So it starts

Ola dear readers

Seeing as it is the 20th of July 2009, I have to start my new goal of money making with my current setup.

To get you up to speed.

• Joined up with a guild mate who also has a banker
• Converted my old guild to banker only guild with us two members
• Saved up money these last two weeks, in total approx 1500G in guild bank
• about 200+ G on my banker, dont know about partners banker

What we looking to do, make as much gold as possible in as little time as possible.

Now i know this sounds very generic and its something we all strive for but simply put, my main is steadily heading towards level 80 and pre-naxx gear, Epic Flying, cold weather flying and dual spec needs to be paid for. This means lots of gold will be spent on those things as well as the usual training and repairing.

Now we have the capital and with two users scanning the AH almost at a daily basis it means that we will have a better overview on what will make us a profit and what will not.

With a guild bank (4 tabs) nearly full of stock such as gems, enchanting mats and cloths we have quite a bit of money's worth of stock, but to me thats not enough.

We are looking to expand our stock with the likes of cheap Eternals and Titanium pre patch 3.2 as eternals have a very hectic fluctuating market, meaning great amounts of money can be lost/won in a short period of time and as most of you know titanium ore which WILL fetch a good price after 3.2 as jewelcrafters can prospect for Epic Jewels.

I will also be looking at cheaper non-combat pets as constant income money makers as they normally sell when posted at good prices on weekends in about 1-2 hours, thus netting a 300+ % profit in a very very short perdio of time. Take this over 1 month (4 weekends) and it could become a very profitable business.

I will take screenshots tonight and let you all know what we buying and what we will be using as constant selling stock and what not.

Darkmoon Faire is on the way again and we will be putting two roaming DK bankers at the faire which will be buying cheap stock of herb and leather mats as well as some motes etc for sale later on.

I will also be looking into getting rare Darkmoon Cards for level 70 and 80 toons and keeping those for sale in the 2 weeks before a new darkmoon faire, since all the quick-buck sellers will be dropping the market prices on these straight after darkmoon.

Now TIPS FOR THE NEWBIES!!!

Biggest tip i can give any new player would be to check selling stack sizes.

This is essance means that selling something in a stack of 4 or 5 might be a lot more profitable than selling full stacks.

A prime example would be a Alchemist wanting to make a potion which uses 4 units of Frost Lotus, now imagine the price of Frost Lotus to be 20G per stack (1g per unit).

20G is a lot when your constantly levelling your skills and thus this person only wants 1 of these potions. Spending 20G on something he will not even use half of is thus a waste and he will either buy singles of look for smaller stacks.

Now this player would rather buy the stack of 4 or 5 units for a slightly higher unit price than buy the cheap full stack so if you list 4 units at 5G you are making a 1G on market price profit and thus getting the sale instead of the guy selling the full stack.

This is very very much applicable to ore of any kind as jewelcrafters use 5 units at a time to prospect and thus dont always want stacks of 20.

When 3.2 comes out I will be posting all my titanium in stacks of 5 units and I can bet you that I will sell quicker than the person selling full stacks.

Another tip for newbies is selling stuff people want but are to lazy or stupid to go and get themselves.

A great example of this would be Stylish Black shirt which can be bought for 50Silver from a vendor in Stormwind very close to AH (will post Coords later).

I went and bought these for 50S and then went to resell on AH for 2.5G each.

I was a quick and painless profit as people were just too lazy to go and look for the vendors and for most high level players customizing their toons 2.5G for a shirt was not much.

Now im not saying that this same product would be the same on your realm but there are thousands of possible products which might have the same effect on your servers as I have with these shirts on my server.

Balancing a good WOW to real life ratio...

Todays post will be a bt more serious as I only have 5 min to type and try and give a tip as well.

Todays tip is: MEAT!!

What do I mean?

Well I have been looking at various things in my bags to so whether picking up greys and some whites is actually profitable and low and behold, I once again rediscovered meat.

Just like bear flank which is used for cooking up to a certain level and making good raid food, I have found that northrend meats, Shoveltusk (?) meats and Chilled meat actually fetch a impressive price on AH, specially on heavy raiding servers as raid food means an extra buff without dropping a powerfull Elixer or Scroll.

So look into things used for levelling a skill and products which are usefull on your server.

i.e. On my Pve server, PVP based elixers etc are not half as valueble as on other PVP servers.

But having less people and mostly levelling players means that lower level potions and meats makes for good profits.

On to my main topic:

Im leaving this one open to you, how do YOU personally strike a healthy WOW/Life balance?

I understand you can take days off etc etc but what about your dailies?

I type this with heavy...

...eyes.

Dear reader

I am stukkend (Translation: Broken) tired.

After a week and more of serious dungeons and raids and trying to level and making gold I am dead tired.

Tired from late nights and hectic concentration.

Ok so to summerize last night.

Became a raid leader for the first time on my main, running the two raids in Silithis in Classic, those are level 60+ with a 20 man and 40 man respectively.

Was a bit of a scrable as I forgot about the raid and was planning on enjoying a night in Heroic Magisters terrace and then loving my soft bed. It was not meant to be.

Logging in with a swamp of whispers and guild requests for the raid I started getting to it.

Now for anyone who has had NO experience in handling and organising a raid; Yes it can be a daunting task but thats easily overcome if you just sit back and relax and get the job done.

Getting a group of 20 people together and running the Ruins raid, we cleared it in approx 30-45min and decided to try the 40 man Temple with about 23 members.

Here we cleared the raid quite fast with very little wipes on members except when we got to the end boss which we wiped on twice.

All in all, for my first experience as a raid leader it was fun, educating and intense at the same time. I will from now on be organising weekly raids with my guild and make sure we offer newer players all the fun to be had in WOW.

On the gold front, I have been selling frogs and more frogs. Its as if a bunch of new players have started collecting pets all of a sudden and they are hungry for froggies.

I also sorted out bank slots and realised that we have a lot of gold's worth of stock available and thus we will start to sell/clear out some of the slower levelling based mats and only keep what mats we need to either skill up and stock which sells fast.

This brings me to a good point and something I realised this morning over coffee with my fellow banker.

Keeping stock isnt always the brightest idea.

The reason I say this is because on my banker and my main I have kept bags and bags full of stuff, from ores and cloths to gear and gems, but some stuff I will never use or will only use when I changes profs etc.

Why keep the stock then? Your only using up space which could be used for faster moving stock.

For example, I am keeping +stam Gems and lots of different Ores which I am doing nothing with except waiting for better days with better selling prices. In essence all i am doing is using space for a product for x amount of time which might net me 50G in the future, but I could be using the same amount of space for a product which might only net me 20G but in a much shorter period of time and recurring.

Example of this in my case would be Darkmoon Card: Twisting Nether, its sitting in a slot hoping to sell for 150-250+ Gold and I have been trying to sell it for 2 weeks now. In the same time I have sold 20+ Frogs and thus that space could have been used for cheap pets i.e. cockroach/frogs which I could sell one a day for 2 weeks, netting me a profit of 42G+ and thats almost guaranteed.

Id rather stick to the solid/constant income than use the space and time for a product which might not sell or might sell for less than expected.

Hope this helps all you gold diggers out there as I am very tired and typing with very heavy fingers.

Have a productive and profitable weekend.

Coining...

One down, 6 to go.

Finished Heroic: The Mechanar last night and did a run of Magisters Terrace to get the atunement for the Heroic Version.

Tonight however will be a bit quieter as we will only be running Heroic: Magisters Terrace and then the guild goes to raid, of which I cannot yet join due to level requirements and gear spec.

So last night made some good rep 2000+ with the Sha'tar and made approx 40G in the instance itself.

Also sold my Darkmoon: Beserker card to a fellow guildmate for 550G thus increasing my total worth to about 1100G.

As stated in my previous post I will be using my banker as primary money maker and use the Gold I make from questing and dailies for my main's everyday expenditure. So with that in mind I moved most of the gold on my main to my banker and thus have 125G+- in my main's bag and the rest sitting in the bankers bank.

So the bankers guild bank now has close to 1k Gold in it and as per myself and my partners agreement we will be banking cash and starting with investment on the 20th of July so what amount we will have accrued by then still has to be seen.

Sold some more Frogs on the AH last night along with some Plans: Storm Gauntlets and thus netted another 50-70G on a very small investment.

Went and bought another Chaos Deck to go hand in at the Darkmoon Faire for another Darkmoon card, but this time the Deck was seriously underpriced and I think I will actually make a great profit on this item.

Sorry for the small post but not a lot happened last night. I will be starting another gold making goal along with our trading date on 20 July so get ready for some GREAT gold making tips and tricks as we need to make huge amounts of cash in a very short period of time due to myself and partner reaching 80 and needing gear and flying training.

Getting there

So my goal this week is to get the Outland Dungeon master Achievement and maybe level a level or 2 within this time.

The reason I want to get the Outland Dungeon Hero achievement is because when you do Heroic Instances and finish them you get both an Achievement for the Heroic as well as the normal, thus speeding up the process.

Last night I completed two before calling it a night:

They were:

Heroic: The Alcatraz
Heroic: The Botanica

Now all I have left to do are:

Heroic: Sethekk Halls
Heroic: Shadow Labyrinth
Heroic: Opening of the Dark Portal
Heroic: The Mechanar
Heroic: Magister's Terrace
Heroic: Auchenai Crypts
Heroic: The Escape from Durnholde

Of which I will hopefully finish Mechanar, Magisters Terrace and Maybe Auchenai Crypts tonight as the group I am doing this with is amazing and we are well geared for the tasks.

Getting to the money....

Well I started off last night with 50+ slots open in my bags and after having a disappointing greed roll evening I filled up only 5 slots of those open with greens and some high value vendor trash, but amazingly I made 50G+ from those two Heroic Instances and got +-5000 rep with the Sha'tar making it a very good evening indeed.

On the other side of the coin, my banker also had some luck with mass posting of Wood Frogs and Tree Frogs from the previous Darkmoon Faire netting me 100+ Gold.

I also eventually sold one of my Darkmoon Card: Twisting Nether for a disappointing 130G on trade.

I am now sitting with 300+-G on my banker and about 60G on my main with more spread across my banking alts. In total I’m above the 500G mark and still buying strong with my roaming DK banker at the Darkmoon Faire.

Now this month I have changed my goal for the darkmoon faire, where if you have been following my progress you will know I normally sell all the mats (leather/herbs) for huge profits and occasional processing i.e. milling.

This time I’m taking a different approach, trying to get mats for trade skills and levelling as runic potions for instance are costing me a fortune for my main toon.

Thus with herbs this cheap it only makes sense to buy cheap and get some made thus saving me gold in the long run and more than likely saving me more than I would have profited.

GREAT TIP FOR NEW GOLD HOUNDS

After deliberation I have decided to ask a fellow guild mate and real life friend to join up with my banker as his banker is solely relying on his bags for storage.

Now this brings some pros and cons to the table.

Firstly we have decided that whilst we are achieving goals for our mains that we will not use the banker’s money for the mains as it’s not really needed. Great gear is normally dropped and the grind from +-72 to level 80 doesn’t normally need special gear. Only at 80 will we actually take money to get the gear needed for Nax etc.

Plus we are already making enough money to support our mains by questing and doing dailies.

The pros of an agreement are as follows:

• More capital as two bankers are making money for one bank
• more stock for volatile market
• more money = more bank tabs (more space)

The cons:

• your partner could Ninja all the gear and leave you with nothing
• your partner could use money for bad investments/gear on main
• your partner could use all the mats/supplies you buy to sell for own profit or invest it wrongly

So in essence you have to be in agreement before you even start with this. A good basis is this:

• Agree all money goes to guild bank
• No gear is bought for main whilst you are in the capital generation phase
• Set investment amount on a daily, weekly basis
• Make sure you mainly use money to buy storage (this includes bags)

For myself I used this:

We agreed that 40% of the gold available on a weekly basis is used for investment and stock purchasing, unless we both agree on a product we want to invest a bit more in i.e. Titanium Ore before 3.2.

This means that if 1000G is in bank, that we can use 400G of that to bid on items and use profit from that to reinvest. We will then in the new week see what we made money on and if we profited for now and then adjust our amounts.

This means we always have money in the bank should we make a bad investment and that we never need to worry about losing out on a good deal, i.e. someone posting Titanium Ore at a ridiculously low price.

This constant communication also allows us to see what is selling well and what is not, so 2 sets of eyes are thus keeping an unstable AH in order as we have a lesser chance of making investment errors.

This also means that you can buy storage quicker and have the largest amount of storage available at any one time.

So for all the lower level players, making friends you can trust is of epic importance because in the long run it doesn’t cost much to get your own guild up and running with paid for Guild Charter Signatures.
After that a mere 100G nets you your first bank tabs and 88 slots of love.
That 88 slots of stock/gear or trade skill items like Eternal Belt Buckles.
And with the addition of a partner you will get all these things in half the time.

Just make sure that it is CLEAR that no big investment will be made without both party's go ahead and if the other is not online/in contact that no more than 40% of current value may be used. NO exception to the rule.

If both parties are online then decisions can be made on larger investment amounts i.e. 8 stacks of Titanium Ore at 100G a stack. (Example: 1000G in bank, stock investment 800G, still got 200G for emergencies)

Always remember DO NOT invest all your money as you then have no lifeline to hang on to.

Taking on new things

You might have noticed in my previous post i mentioned that "myself and NEW guild" will be doing some Heroic Dungeons.

Yes I left my self created guild and handed it over to my trusty banker for administration.

This was a first step to happiness for me as I now have a banker with an extra 3 Guild Bank tabs (3x88=264 slots) for storage.

I am also doing more and more things I used to wait for, so no more [TRADE] LFG ManaTombs (Heroic) as the new guild has 200+ members of which about 70 are very active, thus it doesnt take me long to find party members for group quests and dungeons.

Being level 72 also has its benefits in terms of more dungeons to do as well as being invited to more high level raids as Im currently one of the highest DPS and AoE DPS members for my level in the guild and my gear is also top notch due to early experiments with Heroic instances and socketed gear.

Now Im just aiming at making money for my Epic Flying and Cold weather flying at level 78-80 as most of the good gear I can now make (Tailoring) or get from various quests and dungeons. So essentially all I need to spend money on are my potions and elixers (both of which I can get from alchemists in my guild at lower prices).

I am doing dailies specifically for rep with there factions:

Shatar (Shattrah City, BC)

The Kalu'ak (Borean Tundra, WotLK)

Shattered Sun Offensive (Isle of Quell Danas (?), BC)

as these net me keys and items i need to continue... (little Pengiun pet comes to mind)

more to come soon....

Welcome Back

Ola my dear readers.

Sorry for the long absence but my WOW time has been drastically shortened by a teething baby (still love her though).

I have however been playing a bit of WOW and have been doing quite a few dailies as well as some questing, either for Heroic BC instance keys or Rep grinding.

The money making aspect has not been going as well as I would have liked after making a few mistakes andinvesting some of my gold in stock.

Firstly: THE MONEY

With approx 300G spread over my characters, I have a limited source of investment should something nice come my way.

I might or might not have told you that I have invested in 3 full stacks (60 units) of Titanium ore and a deck of cards which netted me another Beserker Card which I currently have listed on the AH for 799Bid and 999BO. If it sells at this price then I will be making 350-550G profit on this item excl the listing fee.

I do however have BAD news when it comes to the two Darkmoon Card: Twisting Nether which still have not sold thus I am relisting for 150G each and they still not selling.

Now I have had some hard days as trying to level my main's Tailoring and First Aid to 420+ has been a very very expensive ecersize and thus have left me wanting money desperately.

So... to get back on track I have set myself some new goals.

With my main toon I plan on doing all the Outland Heroic Dungeons this week with my new guild and thus not spend a cent with her, netting myself some AWESOME gear as well as making myself some good money as Heroics normally give 40+G per dungeon.

I will also continue with my dailies which net me in the region of 1-12G per daily and some well deserved reputation with some cool factions.

Having created a DK (now 58) and getting her to Stormwind means that I now have a roaming banker/mule which can go to rough areas to either buy prooduct or farm mats/items.

She is currently situated at the Darkmoon Faire in Mulgore where my lower alts would not be able to go, due to unsafe cicumstances (horde/level).

Now I understand that you want to read this blog to learn what to buy and what not, but this week I am actually dry on ideas.

My AH has had a mind of its own this last week with people not realizing that they bring a market down via hectic undercutting.

One thing I didnt count on was the rush...

the rush that the announcment of 3.2 caused on the AH in regards to Titanium Ore.

Prices with this rush to buy stock SKY rocketed for about 2 weeks after the announcement to a level where I could have made 50G easy profit on the higher prices which I had originally paid.

I decided not to post my stock on the AH as I need to be patient just in case the tip really pays of after 3.2 gets implemented.

I have also stopped trying to post green items on the AH due to the higher list prices and thus cutting your profits by as much as 50%, so i decided all unused green items with a less than average AH price of 30+G will be vendored or given to the guild as:

TIME = MONEY

and relisting a non selling items is a waste of time, time thish could have been used to farm 10 more mobs for cloth/leather or hitting a low level instance in search of a twink item whilst still making money.

I will seriously this week go and look at what is new on the AH and whats hot and whats not.