Safest Ways to Hold Wealth over 1 Mill Plat

Art

Ascalonian Squire

Join Date: Oct 2005

Won't be long before part 2 is here. When it is, high probability there will be new high end armors and fissure armor won't be as desirable. So I don't think ectos are the greatest long term investment. So what is???

1. Rubies and Saphires - Reasonable, they said they were inclined to make them valuable, but how valuable, more or less than current prices? No one can say. A good place to put some wealth, but anyone who puts most of their excess wealth here is taking a big risk. There is, however, some upside to compensate for the risk.

2. Monster Fangs, Claws & Eyes - Again, even if they give them a use in Part II, no one can say whether they will be more or less valuable. If they are given a use, their drop rates may be adjusted too. Again, perhaps there is some upside to compensate for the risk.

3. HOD Swords - VERY risky...who knows what new items will be introduced in part II that will render the HOD sword obsolete? Keep one if you use it...

4. Green items - terrible, prices still falling, supply is ever expanding. Perhaps some gains when the new players flood in, if you buy the good stuff dirt cheap shortly before part II -- if you can time that right.

5. Sup Absorb and Vigor - Probably somewhat safer than the above methods.

6. +15>50 items with vanity skins. This seems like a very good choice, although obviously still some risks.

7. Perfect 2 attribute gold wands, truncheons etc...A bit more risky than 6 because who knows what stats the next Brohn's wand type item will have.

So far my wealth is still in ectos, with minimal diversification into rubies and saphires. I am not super rich, I could barely afford one true +15% >50 vanity skin item (and still have 1m plat) but I'm still getting uncomfortable as ecto prices keep falling.

Rico Carridan

Krytan Explorer

Join Date: Aug 2005

Eternal Comrades

E/Mo

Sigils maybe? It's unlikely their value will fall significantly. I can't remember if they stack though, so it could fill up your storage pretty fast.

Rico

Makkert

Makkert

Black Beast of Aarrrrgghh

Join Date: May 2005

The Netherlands

The Biggyverse [PLEB] // Servants of Fortuna [SoF]

Sigils don't stack Rico.

Safest bet is offcourse just plain money. After that its everyone's guess...
Rubys and Sapphires most likely will get an use. But their prices have been consistently around 4k, and the price is quite risky for buying. Still considering it, but I rather play save there. Most likely it will be for a vanity item, so no real need. There will most likely be other items that will be needed more for real playing by then.

Rare skins: considering the fashion feeling (FDS swords used to be 'in', then it was fellblades, and now I expect the Blue FDS.), and the feeling that there will be new items in the game, one can expect that one of the newer items will be in demand. That isn't a real safe bet. Altough a great Sickle will most likely always have demand .

HoD swords are more or less a safe investment. The only risk I see is that ANet nerfs them, altough if they wanted to, they probably would have done it a long time ago. The HoD is on the edge of balance spectrum, I don't expect spectaculair weapons to outpower them in Ch.2.

Green Weapons: agree with Original Poster.

Like a stockholder, one could diversivy and create an inventory with some safer elements and more risky elements, up to your own 'risk taking profile'.
Good luck on this.


~ makkert

Battle Torn

Battle Torn

Krytan Explorer

Join Date: Aug 2005

Scotland

W/Mo

I dont think any current high end weapons will be valuable to invest in because of the wep mod upgrade trader planned for chapter 2 and any new wepons people will want to try out.

I have heard rumours of rubies and saphires being used in new armour, I myself plan to get a few of these in the hope of this being true Im also stockpiling steel and other crafting materials.

Ill sell my greens before prices drop too much and this time Ill be ready for the new FoW armour when it comes out before they nerf things and make it more difficult to obtain

I really hope the design some armour like the glass armour in Morrowind 3 and give the realy difficult armour a little more bonus than the normal to make it worth it. It doesnt have to be much just a little

Jetdoc

Jetdoc

Hell's Protector

Join Date: Jul 2005

The Eyes of Texas [BEVO]

D/A

I like the idea about the Superior Absorption runes. For the past several months these runes have consistently been between 70K and 100K, with a majority of that time at the 100K mark.

Guild Wars will continue to have Warriors dominate the most maintained class, especially with new weapons, etc. coming out.

So, that means that demand for the Superior Absorption rune will always be high, and that normally demands a high price using supply/demand. The one true risk with it is if ANet decides to put price controls on the rune trader making this rune more affordable, but that's a risk with any of the material-based items you've listed above as well.

Time to start collecting these bad-boys...

Tainek

Tainek

Wilds Pathfinder

Join Date: Dec 2005

[Rage]

gives me an idea for a way of making molah


"I" (i'm to poor, but for example) take certain items off you (Rubys, Globs, etc) , and hold onto them, if they Drop in price, you can have the market price they were worth when i got them, if they Raise in price, i get to sell them, keep the extra change, but for you theres still the same amount of money left with me

so your money will *ALWAYS* stay at it's value, but if prices raise, you gain nothing, no win, but no lose either

would have to have pre-defined times and places for deposit/Withdrawl, an online listing of who has deposited what, so a guild could manage it, meaning more oppertunitys for deposit/withdraw (backed up on a home pc,)

yeah i'm pretty bored

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

Cash cash and cash. If your budget can stretch, get a second account and use it to store the additional money.

Or hope that AN will increase the limits for cash storage both on characters and in Xulani.

Shards seem to be pretty stable +-500 but you need a lot to store the extra

tbh with Japan and Taiwan coming on stream any materials prices are volitile. At least with cash you can use that to trade in the FOTM items/Mats.

Never really worked out why the 1 mill limit. It can't be to save database space as there is no difference in the amount of bits requried to store 1m than say 2m

Shimus DarkRaven

Shimus DarkRaven

Desert Nomad

Join Date: Oct 2005

Titusville, PA <nowhere>

KOD <Knights of the Dragonrose><Guild Officer>

W/Mo

Ectos. Simply put, you can hold stacks, and they go for approx ~10-14k.

Safest route, imho. Stack those up, and hold em in storage. If you get to the point where gold is exceeded, invest in the ectos.

At least, I would anyways...if I ever hit that much

--The Shim

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

Thing is, a month ago ecto was 15K, now it's 10. for every 10 you bought you have lost on paper 50K.

Of course it works the other way round, but imho ecto is very risky. Of course it depends on how much you money need to store.

BeatWolf

BeatWolf

Wilds Pathfinder

Join Date: Jul 2005

1 Million plat?? do you mean 1 million gold (1 thousand plat).

you rich vertual insanity people are all crazy.

Racthoh

Racthoh

Did I hear 7 heroes?

Join Date: May 2005

Scars Meadows [SMS], Guild Leader (Not Recruiting)

Two words: Black Dye

striderkaaru

striderkaaru

Desert Nomad

Join Date: Aug 2005

Scars Meadows [SMS], Retired Officer

W/

3 words: give to strider.

Shimus DarkRaven

Shimus DarkRaven

Desert Nomad

Join Date: Oct 2005

Titusville, PA <nowhere>

KOD <Knights of the Dragonrose><Guild Officer>

W/Mo

Quote:
Originally Posted by Racthoh
Two words: Black Dye
I'd agree except the fact they upped the droprate on the dye for black, so I'd assume the market is going to go down on it.

Here's a thread on that issue:

http://guildwarsguru.com/forum/showt...ighlight=black

Well, at least even if it isn't true, the dye market is worse at expanding and decreasing over Ecto market is. So if dyes were constant, I'd agree Rac

--The Shim

Yogi's Pain

Frost Gate Guardian

Join Date: Sep 2005

E/Me

There is nothing that would be 100% safe. Weapons and to a lesser extent runes will be less valuable because of people wanting the new ones. Dye's will do the same thing.

Ectos and Shards will most likely drop in prices because people will want new armors and why wouldn't they create new crafting materials for them. Rubies and Saphires should go up in prices since they are a higher priced item with no purpose and makes sense that they would give them a purpose now.

Myself, I'm just spending every coin I have over 1.4 mil on anything that catches my eye. And buying up enough of the existing crafting items so that I will have a solid base for new items and my new characters.

Big.Wayne

Academy Page

Join Date: Sep 2005

W/Mo

Hi,

I have a similar thread going over in the Q&A section:

Economics & Ectos!

Just discussing the ways in which a game *commodity* can drop or climb in value. . .

I lost over 500k+ by not playing the market properly, so I am giving the old *wealth storage* thing a closer look myself. . .

Racthoh

Racthoh

Did I hear 7 heroes?

Join Date: May 2005

Scars Meadows [SMS], Guild Leader (Not Recruiting)

Something tells me if you have a full storage of gold, 400k on your characters... I think it's safe to say you could afford anything that might come in chapter 2. Monstrous items are stackable, cheap, and one can expect they should have a point in chapter 2. I think that would be your best bet.

Age

Age

Hall Hero

Join Date: Jul 2005

California Canada/BC

STG Administrator

Mo/

I hope superiors come down as well as the gold drops increases or the 15 K armor becomes cheaper to buy.

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Quote:
I hope superiors come down as well as the gold drops increases or the 15 K armor becomes cheaper to buy.
Why lol? So everyone who cant afford it can and thus punish the wealthier players who do not want fow armor. I would rather there be an inbetween armor where it costs say 500k for a set. Also the runes arnt that over priced. E.g. the monk ones are mainly for farming so chances are you alredy have a char for farming so 50k is not that much.

Mimi Miyagi

Mimi Miyagi

Wilds Pathfinder

Join Date: May 2005

Port Orchard, WA

The Second Foundation: [TSF]

The only real "safe" item(s) (besides gold itself) would be the simple rare crafting materials that do not vary in price - Delimor Steel, Vellum, etc. There isn't any real huge demand for those items, no major spikes in prices (unlike monk runes, for example). They are stackable, and relatively expensive, where one stack can hold well over 100K each. Do not (IMO) buy into the sexy crafting materials that are not being used, and only rumors and player speculation maintain prices. Buy stuff people use to craft 15K armor, materials that are used every day and don't vary in price.

Speculating on prices on highly volatile market products (ectos, dyes, runes, etc) to try and "bank" your cash is an oxymoron.

Study the prices of an item for a week or so, track it's pricing, and buy it when it's either below average, or average in price. Do not buy when the prices start to creep up.

PrincessKyra

Frost Gate Guardian

Join Date: Jun 2005

Crystal Mansion [CM]

W/

Quote:
Originally Posted by Mimi Miyagi
The only real "safe" item(s) (besides gold itself) would be the simple rare crafting materials that do not vary in price - Delimor Steel, Vellum, etc. There isn't any real huge demand for those items, no major spikes in prices (unlike monk runes, for example). They are stackable, and relatively expensive, where one stack can hold well over 100K each. Do not (IMO) buy into the sexy crafting materials that are not being used, and only rumors and player speculation maintain prices. Buy stuff people use to craft 15K armor, materials that are used every day and don't vary in price.

Speculating on prices on highly volatile market products (ectos, dyes, runes, etc) to try and "bank" your cash is an oxymoron.

Study the prices of an item for a week or so, track it's pricing, and buy it when it's either below average, or average in price. Do not buy when the prices start to creep up.
I'm pretty sure rare crafting materials DO vary in price...

tafy69

Wilds Pathfinder

Join Date: Sep 2005

N/Me

Wouldnt it be funny if gold was made mostly worthless in chapter 2, oh wait... it already is lol

Ubernoob

Ubernoob

Academy Page

Join Date: Nov 2005

Look behind you...

Pronteria Knights

E/N

First off I must scream "ONE MILLION GOLD OMFGBBQ BATMAN!!!!!!!!!!!!1111oneoneeleventyone!!11" How did you manage to get that much money!?!?

Okay so what im thinking is why would you want that much gold anyway? I mean just keep the million in the bank for the second chapter by all means but why would you need any more? Im sure you could put it to good use like say.. fissure amour? or 15k for all your characters? I dont really see the point in having all this money stored away when you could be making your characters look damn good... even if all your characters have the amour how about helping out your guildies or something like that. Do something constructive Im no rich ass but when I got 3 of my characters 15k I didnt have the need to make anymore money so I just made a pre sear character and found any noobs, taught them to play, and brought them their first set of amour at poast searing, deleted my char and did it again.

MMSDome

MMSDome

Raged Out

Join Date: Sep 2005

invest in monstrous items everyone, ill be sure to make the prices jump

FeuerFrei

FeuerFrei

Lion's Arch Merchant

Join Date: Jul 2005

In the middle of WWIII

Airreon Grievers[AG]

R/Mo

1,000,000,000 GC!!!!!!!!!!!!!thats insane.....as mentioned above...what about weapon mods.....

AncientPC

AncientPC

Forge Runner

Join Date: Sep 2005

Ascalon 1

W/R

You have 3 extra 0's there . . .

Tele77

Academy Page

Join Date: Nov 2005

DeathSpawn Elite

Mo/W

I have been having the exact same conerns as most of you here. I have maxed my storage and 3 PVE chars, +45 Ectos. I could lose lots of cash if ectos flop and I want to stop that obviously. Black dye seems a bit shaky because although that will always look cool, they could add new dyes that also look pimp in chapter 2.

If anymore ideas surface post them here I'd be very interested. (ps I already bought a IDS sword and put +30 pommel on it) they are not costing very much already on the first day... they drop too often imo, wont sell for more than 35k.

Shanaeri Rynale

Shanaeri Rynale

Desert Nomad

Join Date: Aug 2005

DVDF(Forums)

Me/N

Here's an off the wall idea. Sell all your spare cash on Ebay, then buy it back when you need it...

(runs away and hides...)

Pompeyfan

Wilds Pathfinder

Join Date: Sep 2005

Isle of Wight

DVDF

R/

I'm wondering if Superior Vigor's aren't the best bet - the only superior useable by all classes, and with 2 new classes coming, it should become popular to offset any other superior used.

The Yoink

The Yoink

Lion's Arch Merchant

Join Date: Nov 2005

Knights of the Ring

Mo/W

invest in the more-costly keys.... stack 'em, stack 'em, stack 'em!

Unholy Sinister

Pre-Searing Cadet

Join Date: Nov 2005

W/Mo

Do what I do, and buy fow armor, and buy more if u have stuff left, then when u have room again, start collecting stuff, I personally collect the necro green items. You can also buy very rare items that will make u get rid of everything else, such as gold crystallines, or dwarven axes, or things of that sort.

generik

Desert Nomad

Join Date: Jun 2005

You can't possibly have a million plat..

It is only 1000 max

strcpy

strcpy

Desert Nomad

Join Date: Jul 2005

One of Many [ONE]

I would guess that the superior vigor first, crafting items for plain armor, superior absorption next.

The vigor is usable by any class and isn't very likely to be over shadowed by anything. Unless the level cap increases (and I doubt that) it will always be the highest you can get. With more classes and more users this should be a pretty safe bet, even if other general superiors are released the likelyhood of a better health stat is slight.

The current normal crafting items - again I doubt that the current armors are going anywhere and that they will not be used. Even the new armors will most likely still use some of the old materials. The only issue is that they are cheap - can't get too much value with wooden planks. The more mundane rare crafting material falls somewhere between this calss and the next - I doubt that steel, fur squares, etc will ever really drop in demand. They are just too usefull for the average player and will always be if Anet keeps new "plain" armors balanced.

Absorption is kinda the same thing, except it isn't usable by all classes. I doubt that warriors will find anything better, the only thing that could happen is if w/* are not the easiest build that everyone runs one or so. If so then the bottom will drop from them, but I highly suspect that added classes will not really replace the warrior - if they do then Anet will have done something almost no other RPG has done and it will be well worth the price of the gold you loose

Things like ecto's - I don't know. Will fissure still be something people want or the next expensive armor? Will it also use ecto? If those two answers are
"yes" then they should be somewhat safe, though more expensive armors with different materials will lower thier demand quite a bit. I suspect the answer to this is something of a "no" - fissure will stay but another ultra-high end armor will come about that doesn't use ectos.

If I had the money (I don't and most likely never will) I would do what I do with my 401(k) plan, 50% in low risk stable items, 25% in medium risk, and 25% in high risk. In each of those categories diversify. If the markets go south you tend not to loose much, if any. If you guess right you still have the option to make a lot of money.

To translate to GW and my opinion - lots in sup. vigors and common and the common "rare" crafting materials (watch for lows on these too). Next a good split between sup absorptions, ectos, and shards, most likely these will retain their value, but may not. Lastly put some money in rubies, saphires, monstrous items, etc. Anet will *eventually* have some use for them and if it is a high end item you stand to make a substantial profit.

With the above I don't feel you have a great chance of loosing everything, most likely stay pretty much the same. But, if things go a certain way then you stand to make a substantial amount of money. In investments generally the more you stand to make the higher your risk of loosing. If you really know and watch the market or have insider information you can stand to make A LOT of money, for us mere mortals that want to do other things the above is good mix. You can play with the percentages (and there can certainly be some argument - maybe Anet said something about rubies I missed) but it will still be a similar idea.

Of course, plain gold is the safest and what I would try and stay with it if I want safe, but I'm assuming that you have to have money outside of that now.

Shadowspawn X

Shadowspawn X

Jungle Guide

Join Date: Jun 2005

Fellowship of Champions

R/E

Quote:
Originally Posted by strcpy

Of course, plain gold is the safest and what I would try and stay with it if I want safe, but I'm assuming that you have to have money outside of that now.
I disagree, gold is not the safest and has consistantly been the worsts wealth vehicule since the inception of the game. The reason for this is inflation because of the constantly rising prices in GW the gold piece buys less and less every day. The sinking value of the GW gold peice has caused it not to be desirable in trade for high end items as more and more ppl only accept ecto and gems in trade on high end items.

It is going to be impossible to carry wealth over from chapter 1 to chapter 2 of any significance. And truth be told ANet should not allow it for the stability of the game. I can see now people running into chapter two and buying a 1000k plat of every commodity and wrecking the economy imediately. While stockpiling every new rare commodity.

The solution would be to create a new land that didn't use gold as the standard of commerce but an entirely different form of currency. If this is not done then the integrity of the chapter two economy will be shot to hell in a hand basket in less than 24 hours.

PuppetSoul

Pre-Searing Cadet

Join Date: Jun 2005

Quote:
Originally Posted by Shadowspawn X
I disagree, gold is not the safest and has consistantly been the worsts wealth vehicule since the inception of the game. The reason for this is inflation because of the constantly rising prices in GW the gold piece buys less and less every day. The sinking value of the GW gold peice has caused it not to be desirable in trade for high end items as more and more ppl only accept ecto and gems in trade on high end items.

It is going to be impossible to carry wealth over from chapter 1 to chapter 2 of any significance. And truth be told ANet should not allow it for the stability of the game. I can see now people running into chapter two and buying a 1000k plat of every commodity and wrecking the economy imediately. While stockpiling every new rare commodity.

The solution would be to create a new land that didn't use gold as the standard of commerce but an entirely different form of currency. If this is not done then the integrity of the chapter two economy will be shot to hell in a hand basket in less than 24 hours.
If they did that there would BE a chapter 2...

The idea of chapter 2 as an expansion and not a standalone is that they're pumping the playerbase for cash, and carrying over their existing characters is the #1 concern of every single one of these players.

Now for a solution-

Since you have 1.4 mil plat, you can cause an organized artificial inflation of a commodity of you're choice, with several dozen people doing likewise, you could pump something with no value at all (say... silk), to astronomical prices, and then cash out the 20-30k you're carrying in your inventory. While the buy price sails like a balloon, it's very slow to settle (it settles over TIME since the one anti-ecto stockmarket update, not quantity sold back). So technically you could store million upon millions in an item which is only "worth" 10 gold but force it over 200-300 buyback by organizing a "Ch2 bankers guild" or something. Repeating this process every week (which is how long it takes to settle back down to "absolutely worthless" could be... wait, thats what some of us have been doing with bones... nevermind... I said nothing. >_>

Manic Smile

Manic Smile

Desert Nomad

Join Date: Dec 2005

Hawaii

----- 15^50[Rare] ---- Alliance: ----- [SMS] -----

Quote:
Originally Posted by PuppetSoul
If they did that there would BE a chapter 2...

The idea of chapter 2 as an expansion and not a standalone is that they're pumping the playerbase for cash, and carrying over their existing characters is the #1 concern of every single one of these players.

Now for a solution-

Since you have 1.4 mil plat, you can cause an organized artificial inflation of a commodity of you're choice, with several dozen people doing likewise, you could pump something with no value at all (say... silk), to astronomical prices, and then cash out the 20-30k you're carrying in your inventory. While the buy price sails like a balloon, it's very slow to settle (it settles over TIME since the one anti-ecto stockmarket update, not quantity sold back). So technically you could store million upon millions in an item which is only "worth" 10 gold but force it over 200-300 buyback by organizing a "Ch2 bankers guild" or something. Repeating this process every week (which is how long it takes to settle back down to "absolutely worthless" could be... wait, thats what some of us have been doing with bones... nevermind... I said nothing. >_>
I got some plat I can put into this...some pm me next time this gones round...

AxeMe

Lion's Arch Merchant

Join Date: Aug 2005

Atlanta

HEX

W/

Quote:
Originally Posted by PuppetSoul
If they did that there would BE a chapter 2...

you can cause an organized artificial inflation of a commodity of you're choice, with several dozen people doing likewise, you could pump something with no value at all (say... silk), to astronomical prices, and then cash out the 20-30k you're carrying in your inventory. While the buy price sails like a balloon, it's very slow to settle (it settles over TIME since the one anti-ecto stockmarket update, not quantity sold back). So technically you could store million upon millions in an item which is only "worth" 10 gold but force it over 200-300 buyback by organizing a "Ch2 bankers guild" or something. Repeating this process every week (which is how long it takes to settle back down to "absolutely worthless" could be... wait, thats what some of us have been doing with bones... nevermind... I said nothing. >_>
That's evil, totally wrong and brilliant. It should work.

Deadlyjunk

Deadlyjunk

Banned

Join Date: Nov 2005

Fisherman's Haven

Endangered Species List [List]

W/E

Listen: there is a very easy way to store all your money overflow:

-The Deadlyjunk, White Mantle Exile, Arm of Hades
-Priestess of Arah, Artemis Incarnate, Hand of Denial

Six character over 2 accounts that you will find more than willing to help you get rid of all that cash... c'mon, you know you want to! It's Christmas!

Ok so, all my begging for cash aside:
For large scale investments:
- Rubies and Sapphires: As there is a lot of speculation about them being useable in chapter two, they might rise to ecto level prices. On the other hand, them having a use will probably also increase their drop rate, thus bringing their value down again. Conclusion: High risk
- Ectoplasm: BAD IDEA. Ecto prices are wobbling the whole time, and are trending DOWN. You could lose a fortune (if you want to lose a fortune, why do it this way when you could be giving it to me?). VERY HIGH RISK
- Monstrous Claws/Fangs: Personally, I beleive that this is one of the best options. Their prices are steady and low, but as they will probably get a use in Ch2, they are likely to experience a boom. If their prices fall, you've lost very little, seeing as they're already practically worthless. Very Low risk
- Green items: Too much supply, to little demand. Unthinkable
- Black Dye: Two whisky. Erm, too risky. Drop rate has increased = prices trend DOWN. BAD
- Cheaper dyes: another reasonably safe option in my opinion. Silver has been very steady (even rising slightly) over the past months, so I think that's a good option. Good
Common crafting materials: Can never be bad, but won't make you a killing either. Wood and iron ftw! Moderately Positive

-----------------------------------------------------------------------
Conclusion:
- Common crafting materials, cheap dyes, monstrous fangs/claws = good
- Giving to me: better
- Rest: BAD

Barazur

Barazur

Jungle Guide

Join Date: Aug 2005

Arcana Animi [ARAN] (Currently recruiting)

W/

Other accounts.

In this moment rubies and sapphires are a good investment also. Whatever prices go, you can always use em in chapter 2

ange1

ange1

Wilds Pathfinder

Join Date: Aug 2005

Mo/

yeah i agreen with the key idea to keep ur wealth lol