So My inscription is still only 300. No I’m not lazy or slow. (I just don’t have any time to play these days – sounds familiar?)
Well just with lvling i make about 200G profit of inscription a day. now along with my 1K profit a day from JC i’m at a good 1.2K a day. Now that the drums are here too… i’m aiming on 1.5K before friday. this would ofc mean that I actually need to log in on my main characters this week… so I’m hoping I find some time to do this all this week.

how am I doing you might ask on the 100K thing? well about 30K right now so i’ll only need 3-4 more weeks to actually hit the 100K.

How do I do this? quite easy:
buy epic gems.
Craft them
put them up
profit.

Really nothing more then that. fe. I buy something for 100G and I sell it for about 220G.
I do this for about 10-20 gems a day… so well do the math.
Now for the inscription: 5 of every glyph that even is slightly profitable, with about 100 glyphs a day.

And I only post once every two days, so i could actually already have more gold if I had more time and stuff.

I’ll have another post up about the podcast a bit later today so stay tuned!
– and vote if you can! –

So Yesterday I started the Scribing bussiness. Well at least I tried….
Ari: Heralism: 300 ( ooh the grind, the grind! *horror*)
Ell: Inscription 150

Ell could’ve getten higher but I wasted enough time yesterday.
Now for the bad part:

Problem 1: 1-150: not many glyphs that are worth selling, or that sell for profit.
fe. kingsblood = 1.90G a piece = 38G for a full stack.
5 kingsblood = 2-3 usefull pigment x 5 = +/-12 pigment = 6 inks
6 inks = 3 x a two ink glyph or 6 x a one ink glyph. both of which only sell for about 4-7G…
so 6x 7gold = 42G okaj profit right?
42G – 10% AHcut = 37.8Gold
= LOSS

Problem 2: Even though I grinded most of the mats (so I can spend more money on the books of glyph) I still don’t have enough and will have to buy more to lvl and lose money, granted due to my grinding i only lost about 60G yesterday (including buying the 32slot- bags)

Problem 3: From what I see : most money is made with minor Glyphs at low lvl and highlvl glyphs from books. Which means I have to spend more money on getting the books since they are one of the few profitables.

Now my question for you guys:
How do you know your glyphs are making money with the goblin way? (with other words: severe undercutting)

Do you guys use the same formula as me (blue in the post)? or do you have another one?

Hey hey !
*song* I’m back I’m back*

So I’ve been quiet lately, long hours at work, and some personal problems made WoW, blogging and others a bit difficult. Well it should be over now.

So i’ve been doing a lot of trading this week and now fully control the Rigid King’s amber and the Runed Cardinal Ruby market. (post once every day for only 10G profit +/- 160G)
No-one is even trying to get under my price, and if they do I sell with 1G to even 50s silver. (including the AH cut etc etc)

But There was something missing… I Don’t have enough time to do my daily JC quest everyday, and most off the tokens I use for the Dragons eye to improve my raiding gear.
So I needed another way to make decent money.
So what did I do?
invested 8K gold in gems, and are selling slowly to have a steady income. (about 500-600G a day)
Bought 2x Mychals botanic bag. (800G)
Dropped mining on Ari and picked up herbalism (240skill right now)
Dropping Skinning on Elloën. and….

Taking…

Inscription.

Yes before all the rants start… I said I would never ever take inscription. Yes, uhuh I know.
Yes, indeed, uhuh, now SHHHH!
As a “bussiness” man I had to take the opertunity. The market for glyphs is so huge, and uncontrolled that well it needs a banker… seriously.
I see glyphs selling for 60-100G! I can cut the price in half (customer happy), Get some good and easy gold (I’m happy) and others will sell a lot less (sellers not happy, which in turn makes me happy)

So yes Ari is maxing out her herbing skill so that Ell has enough herbs to minimize the costs.
When the skill is maximized I can start making profit on it.
When that is done, I’m going to grind for some more herbs. Then drop herbing and take Alchemy. To get my hand in the Alchemy market.

So if all goes well in 1 to 2 weeks time I’ll have my hand in:
-Parts of the gem market
- whole Glyph market
- LW market (not that this actually is worthwile -_-)
- Alchemy market (mainly changing and selling gems)

Hope all goes well!
Any ideas or some comments are welcome!!!

Grtz
Seth

Hey all! I’m back, I’m back, etc etc.
Well I’m slowly selling Runed cardinal rubys for about 200G a piece while the normal cardinal ruby costs 130G. So money is trickling in slowly. I haven’t had much time for something else so gold is comming in about 1K a day. (200-300G profit)

This weekend I’ll be unable to play again, so the money making bussiness is very unstable atm.
More updates and better explanations are comming soon.

Any questions related to the blog can be asked as a comment to this post, and I will awnser them this week.

Grtz
Seth

Well after four tries of COS timed i finally got the bronze drake… 4 times…. did it every time and lost it: proves my luck in the game -_-

Oh well on the money making site: i lost 5K gold yesterday since I bought epic flying ofr Ari and got 1K on Sethcopper (getting bakc to 3K).

I also found that even with the fluctuated prices of titanium ore it can be still profitable with some luck. (got 3 epic gems on a stack) So maybe some of the gold of my banker is going to be redirected to that. rare gems are still selling, though in lower quantity and lower amount of gold it’s still profitable. Due to my sickness I also lost control over the red and blue gem market. Need to pick that up and push the price again.

Since I’m leaving on a short vacation. ( from sunday till thuesday) I won’t be blogging or gaming during that period. After that though…Well let’s say It’s possible that I will reveal part 2 of my master plan. Just because i’ve slacked a bit on the blogg. It’s possible but I’m not saying it’s going to happen for sure…
Also some screenies and video’s will be comming up again so have an eye on the blog for it!

Not money making related:
Myri, Damn your anti-Linux thoughts! And I hope you get your stuff back soon.
Driana, Thanks for Raiding with uss and following my blogg, It was… euhm interresting and fun ofcourse.
The Guild: Sorry guys, really need the brake in healthy conditions from WoW.
All the Readers, thank you for putting up with this waste of space and sorry that I slacked on blog due to many reasons (sickness, work etc) just remember that RL > WoW!

Grtz
Seth

Well as you all know Ari dinged 80 and is raiding.
Now the problems she has are the following:
- only 6 epics
- no enchants
- no flasks

So yesterday I took 3K gold from sethcopper (the new banker) and send it to ari to get a stock supplie of flasks, and get my gear enchanted.
Now This is a real setback for the money making since I have NOTHING on AH anymore.
I started scanning again yesterday and will continue today to do so to make up for the lost week of Data. Now hopefully I can start making some money again today so I can get my 3k gold back again.

Problems I forsee:
- On our server blue gems have dropped in price and they have dropped A LOT
- Epic gems are transmuted or bought with honour. So no real farming can be done. Or I should go for titanium ore but the price is still 2times the normal worth so it’s better to actually sell them then to prospect them and hope for an epic gem dropping out.
It will be hard… But I will (hopefully) prevail.

Grtz
Seth

So still sick and not getting better at all… so auch

First of all:
Zupa, I’m crafting the spell power Ruby and the INT+mp5 eye of zul, and both give around 200-300G each. and I’m buying the gems at 150G a piece so … ka ching ching. (gold sound)
This is also the way I’m making almost all of my profit right now.

WoW servers are down here in europe so I have no idea what I should have right now.
oki I’m off to lie in bed a few hours since I’m feeling like crap to be honest.

Grtz
Seth

I’m still sick, getting worse even, but the blog is something i want to keep alive.

so I continued my experiment.
Bought some epic gems and resold them: 2K in pockets and 3K on AH

all with rare and epic gems.
+spellpower and +ap are selling reaaaallly well.

For more to read I would suggest Greedy goblin ofc, and the new FU blog of my mate and Officer Myridin, both can be found at my blogroll.
ofc the others, like Zekta’s are awesome too!

grtz
Seth

quick update:
started with 100G – and ofc the jewels ari made.
right now half sold: 500G in pockets still 500G on AH.
I don’t feel quite good enough to right more right now, sorry

grtz
Seth

ps: ingame char: sethcopper (new banker)

Hey all,
Since I got as much comments I can actually hope for. (about 1 for every 100 readers) I think it’s safe to say, I have the general idea:

So this eve, before my raid starts I’m doing the following:
setting up my bank: Sethonecopper, which will be a lvl1 gnome.
Giving him 100G.
Getting on Ari and with her craft about 20ish jewels, to get off my feet and up to aboutish 500G
(crafted products will be: +32ap +16int and +8int/3mp5) Since she’s still only 71 I only have 5-6 recipes to choose from but it should be enough.
I will not purshace a bank at this point, but it is going to be a “reward” from my hard work.
The DK will probably start this weekend and lvl to 65: professions: engineer and bs. the DK will only be lvld and powerlvl his professions with the funds of my new bank (sethonecopper)

–
My Main is a LW so he’ll not interfere with my new bank, but merly keep the old one at 10K for as long as necessary.
–

My goal? :
1: Reach 100K
2: give you guys some tips, pointers and must do’s along the way.
3: Dominate the JC, ENG and BS market. (high tiers of it lvl80 items)

Side goal: Eradicate the need to farm my own mats. giving me an extra proffesion spot on Ari.

Reports:
1 Weekly report, maybe Biweekly if enough happens (with other words: if I screw up, you get 2 posts a week!)

My Challenge for me and you:
Mine: to make money with a profession I never used past skill150 -my bankers have the basic skill since the first rings make quite a good deal of side money -
Getting gold not primarly by resale but by prospecting and crafting.
Try and delete the need of farming my own mats.
etc

Yours: If you want, you can start the same project, and send me a mail. I welcome you guys to try out the same thing, and write some posts about it, that will be posted here, full rights granted to the person who wrote them.

In my previous post i also used the word: Help, now this came out so wrong.
I actually wanted: 1: some one who may be interrested in doing the same. or. nr.2 which will be a subject for further posts. IF this seems a bit wacky, or interresting, you’ll can’t wait what I have planned for NR.2

EDIT: to avoid confusion: My jewelcrafter (Ari) already has ore farmed which I will use to start the project. The 100G is used as funds for bags and posting, eliminating me to buy/resale something the first days. which actually make it harder.