Skip to main content

Auction House and Gold Generation for Achievements

I have little in the way of achievements to report just now. Almost all of my focus has been on getting a good cash-generating system in place so that I can simply follow a quick process every day and make solid profits.

My gold generation is coming along very well. I am currently working on an MBA in Finance and one of the most contentious issue is "Does the efficient market hypothesis hold true in the real world?" In other words, is it possible to make long-term, sustainable profits at a rate higher than the amount of risk you take. (roughly).

In this experiment, all I can say is a resounding "yes". People are lazy and will pay a lot for convenience it seems.

A quick status update: I have 3000g on my main (Deathspiral), 3 of every single enchanting scroll that is profitable on my alt poster (around 50 different scrolls, so 150 total) and an alt that is completely full of jewelcrafting mats. I also have lots of high-quality blues and epics on the AH. Oh, and I powerlevelled Jewelcrafting from 0-450 in an hour for about 4000g.

I started with less than 1000g a week ago and I'd say my net worth is right around 10,000g now, not including the new JC profession. Not bad for my first week.

This project to make gold has made me interesting in starting a side business in the real world. I'm going to use the same ideas: cheapest inputs possible and highly automated/computerized processes to build some websites. We'll see how that project goe in time.

Comments

Post a Comment

Popular posts from this blog

 8/4/24: [Into the Storm]! I FINALLY had this one pop after over a month of waiting. 8/21/24: Taivan! I finished this with less than a day before TWW came out. 8/28/24: Lots of TWW achievements. I got 80 after three days and maxed out enchanting and did the campaign up until it's blocked. 9/12/24: [Sojourner of Azj-Kahet]! This one took a fair bit of time but was generally fun to do. I'm going to work on the other ones now, zone by zone. 10/20/24: [Loremaster of Khaz Algar]!  
Post a Comment
Read more

Remember to Share (300 Toys)!

This one has taken a while. I finally picked up 300 toys (and thus the mount for the achievement) after starting to seriously work on my Archaeology achievements for the first time. I've been doing the fortnightly Legion archaeology quests for a while (and thus had 800 skill) but I completely ignored this profession in earlier expansions as it seemed seriously boring. With some knowledge and a good addon, it's much better however. Some tips if you're just starting to work on archaeology: 1. Download the "Archy" addon. This addon does several things: first, it shows you the location and completion status of all digsites in the current continent. Second, it automatically sets the closes one as a waypoint for TomTom. Third, it indicates when it's possible to solve an artifact with and without a keystone, so you don't have to constantly check your archaeology screen. On top of that, the distance indicator shows when you are in the correct range from your ...
Post a Comment
Read more

[3,339 of 5,120] Pandaria Remix

 4/11/24: So I'm working on The World Awoken before it goes away in the next xpac. It's possible it won't go away but still, it's a good focusing mechanism. The longest one to get looks like it's going to be https://www.wowhead.com/achievement=16543/tetrachromancer#comments [Tetrachromancer] - people have done hundreds of hunts and not gotten all the colors. It looks like the strategy is to get class trials and do the weekly hunt with them to get purple bags, since those have a higher chance of dropping the colors (once weekly). 4/11/24: [Whose a Good Bakar?] This one took forever. I finally had it show up after a bunch of attempts. 4/12/24: [Puzzle Performer]! Finally! This one took forever but WQAchievements saved the day and let me know that it was up today. I also picked up [Adventurer of Thaldrassus]! [Longhunter] too! I picked up the Friendsurge Defenders toy and so now I can get the pet from the Emerald Dream! 4/13/24: Finished up the Eon's Fringe dailies...
Post a Comment
Read more