Tuesday, April 30, 2013

For the Record: 2M Gold

Hot on the heels of spending 2M gold since I hit gold cap, I've built my reserves to 2M gold, liquid! Even after I hit 1M gold and started tracking my major expenses, I still hadn't started tracking my gold balance on a day to day basis. Finally, just before Mists of Pandaria landed, I started tracking my gold across both factions, and the results are above.

You can see where Pandaria hit, and I picked up some mounts, realm first blacksmithing and invested in some gear. The only other major divets are for [Mimiron's Head] and [Reins of the Onyxian Drake]. Generally outside of those major investments, I make gold faster than I can spend it. Where things go flat, I'm investing heavily in materials for professions. Above the 1M mark, it shouldn't a big deal to invest more than 20k in a single material in a single sitting, steadly mashing the BUY button until you've bought up all the ore / herbs under your threshold.

Recently I've slowed down on the flask market, with the volatility of lotus and the strange, twisted minds of some of my fellow alchemists leaving only small windows of profitability. So much so that I've actually reset flasks a couple of times just to see how quickly they squish their own profits. I'm still having trouble finding 'cheap' ore, but since I'm almost sold out of eyes, I should probably stop being so cheap. I have been selling plenty of PvP gear too and I'm looking forward to see how that compares to my other markets.

A little while ago, I helped out a friend who wanted to move a lot more gold across to the Alliance side. So one of my challenges is how to move that gold back at a profit. The Horde AH on my server is generally a lot lower volume and a lot more expensive, particularly now that our last top 500 guild has left. I've moved some general bargains, even some mats for my Jeeves enterprise, but it is slow going. If anyone has suggestions for cross faction trading, going uphill, let me know. My wife suggested that my next BoA (mount / pet etc) purchase from the BMAH is bought on the horde side, which could provide a large correction the gold balance across the two factions.

Lastly, I've almost got a full month of data for my glyph posting, so I'm pretty excited to share those results in the next week or so. I'm looking forward to another spending spree, rounding out my mount collection and stubbornly trying to sell a [Jeweled Onxy Panther] at a tiny markup in the presence of those $#@%ing dupes. It will be a futile, small protest, but it will be mine.

Thursday, April 11, 2013

For the Record: March 2013 Glyph Sales

After exclaiming, "more of the same" for a few months, my glyph sales get a bump over the 1000 mark.

March Stats:
  • Total Glyph Sales: 77,390g
  • Total Glyphs Sold: 1046
  • Average Price: 73g99s
In my post on resetting the glyph market, I mentioned that there's an expectation with the glyph market that when you post a full batch of glyphs you'll only sell a small portion of them. While it's a common perception of the glyph market, I realised that there really weren't any numbers available to describe it to someone completely new to the market (or convince someone who's only dabbling). So I've started recording my posting cycle to use myself as a case study. So far, what I've noticed is just how little I post. My plan is to post at least once per day, all the profitable glyphs, more on weekends. However, even in the first week of my experiment, I've missed a whole day and haven't capitalised on the weekend, so it will be interesting to see how it all shakes out. Of course missing glyph posting is usually just an indication that I'm happily busy with other things in game and out.