Easy ways to make money for kids

From WoWWiki

• 1 Making money in the age of Northrend
• 2 The Mote Extractor
• 3 Guns, Scopes, and ammunition
  • 3.1 Guns
  • 3.2 Arrows
  • 3.3 Bullets
  • 3.4 Scopes
• 4 Pets and mounts
• 5 Tradeskill Items
• 6 Quest Items
• 7 Services
• 8 Everyman Items
• 9 Professional Items
  • 9.1 Equipment
  • 9.2 Gnome Engineering
  • 9.3 Goblin Engineering
• 10 External links

Making money in the age of Northrend

The Mote extractor remains the Engineer’s unique resource extraction tool, and so remains a source of revenue for the engineer in the Wrath of the Lich King expansion.

End-game level guns remain a source of wealth. Engineer-crafted ammunition remains the best available, and with a guild one can acquire a set of steady customers. (Auction house sales still remain viable at the top end.)

Surprisingly, pets make a come-back as a source of income due to the pet collection achievements. While there was an early market for the motorcycle mounts (among the most wealthy on each server), this market dries up quickly. The remaining people seeking them will generally have a guild member who can craft it for them (given sufficient resources) by the time they can afford it. On the other hand, with level progression available to 80, fewer engineers are gaining the Consortium reputation required for Elemental Seaforium Charges, expanding the market for those who have the recipe. Typically, though, this will be a ‘tips’ market, as the engineer seeking parts for her flying machine will be able to provide all the parts for the charges.

A slight resurgence of quest-required items can be expected as people go back through low level quests while working on their Loremaster achievement.

The Mote Extractor

Perhaps the single most useful item for engineers is the Zapthrottle Mote Extractor. With the Wrath of the Lich King expansion, several regions in Northrend have clouds containing Crystallized Air, Crystallized Water, and/or Crystallized Fire. When combined with a flying mount extracting these clouds for resources becomes practical.

Note that there are clouds of Motes in several regions of Outland as well. Market for those, though, is largely for players practicing their trade skills; end-game materials has moved on to the crystallized materials.

Guns, Scopes, and ammunition

As in times past, there is a market for end-game guns. There exists both a warrior-tank gun (the Armor Plated Combat Shotgun) and a hunter weapon (Nesingwary 4000).

There is an indifferent market for high end ammunition. The majority of hunters will have some member of their guild who can craft the ammunition devices at low rates. And warriors do not typically buy ammunition in large amounts. The greatest demand, then, is from hunters preparing for raids who do not have the time to ask a guild member to create a box for them.

At the lower ends, demand is variable. As the average level on the server goes up, the cost of lower level materials increases, and the number of lower level characters for whom the ammunition would be useful declines. Between these forces, custom made ammunition for hunters remains a specialty market (for when “cost is no object”).

While there is some market for scopes, the speed of leveling means that scopes are often overlooked until quite late. And once a hunter has his ultimate weapon, he will typically only need a single scope.

Guns Main article: Gun

• 80 [Armor Plated Combat Shotgun]
• 80 [Nesingwary 4000]
• 70 [Gyro-balanced Khorium Destroyer]
• 70 [Ornate Khorium Rifle]
• 70 [Felsteel Boomstick]
• 69 [Adamantite Rifle]
• 63 [Fel Iron Musket]
• 60 [Core Marksman Rifle]
• 56 [Flawless Arcanite Rifle]
• 50 [Dark Iron Rifle]
• 47 [Thorium Rifle]
• 39 [Mithril Heavy-bore Rifle]
• 36 [Mithril Blunderbuss]
• 24 [Moonsight Rifle]
• 21 [Silver-plated Shotgun]
• 19 [Lovingly Crafted Boomstick]
• 16 [Deadly Blunderbuss]
• 5 [Rough Boomstick]

Arrows Main article: Arrow

• 80 [Iceblade Arrow] (91.5)
• 72 [Saronite Razorheads] (+67.5)
• 62 [Adamantite Stinger] (+43.0) – created via [Adamantite Arrow Maker]
• 52 [Thorium Headed Arrow] (+17.5) – Acquired by completing either of these quests which require 1 stack of 200 [Thorium Shells].
  • [60] Arrows Are For Sissies (from Artilleryman Sheldonore in The Commons, Ironforge; repeatable)
  • [60] A Fair Trade (from Bounty Hunter Kolark in Valley of Honor, Orgrimmar; repeatable)

Bullets Main article: Bullet

• 80 [Shatter Rounds] (91.5)
• 72 [Mammoth Cutters] (+67.5)
• 62 [Adamantite Shells] (+43) – created via [Adamantite Shell Machine]
• 57 [Fel Iron Shells] (+26)
• 52 [Thorium Shells] (+17.5)
• 44 [Mithril Gyro-Shot] (+15)
• 37 [Hi-Impact Mithril Slugs] (+12.5)
• 30 [Crafted Solid Shot] (+8.5)
• 15 [Crafted Heavy Shot] (+4.5)
• 5 [Crafted Light Shot] (+2)

Scopes Main article: Scope

• 70 [Sun Scope] (+40 ranged haste rating)
• 70 [Heartseeker Scope] (+40 ranged critical strike rating)
• 70 [Diamond-cut Refractor Scope] (+15 ranged damage)
• 60 [Stabilized Eternium Scope] (+28 ranged critical strike rating)
• 55 [Khorium Scope] (+12 ranged damage)
• 55 [Adamantite Scope] (+10 ranged damage)
• 50 [Biznicks 247x128 Accurascope] (+30 ranged hit rating)
• 40 [Sniper Scope] (+7 ranged damage)
• 30 [Deadly Scope] (+5 ranged damage)
• 20 [Accurate Scope] (+3 ranged damage)
• 10 [Standard Scope] (+2 ranged damage)
• 5 [Crude Scope] (+1 ranged damage)

Pets and mounts

With achievements for the number of companions one has collected, engineered pets are much more in demand. The Lifelike Mechanical Toad is a particularly rare recipe, and the pets created with it can bring a premium from hardcore pet collectors.

Small pets

• [Mechanical Squirrel Box]
• [Lil' Smoky]
• [Pet Bombling]
• [Lifelike Mechanical Toad]
• [Tranquil Mechanical Yeti]

At skill of 450, and with exalted reputation with the respective faction, engineers can craft a mount:

• [Mechano-hog]
• [Mekgineer's Chopper]

The mounts are race-restricted however. Engineers may charge a hefty fee to craft one of these mounts, or sell the pre-assembled item for a fixed fee.

Engineers can make flying mounts too:

• [Flying Machine Control] 150% speed increase
• [Turbo-Charged Flying Machine Control] 280% speed increase

Tradeskill Items

While these items are not required for end-game content, Engineers are still the sole source of them.

Professions

• Alchemy: [Recipe: Goblin Rocket Fuel]
• Blacksmithing: [Plans: Inlaid Mithril Cylinder]
• Leatherworking: [Salt Shaker]
• Fishing: [Aquadynamic Fish Attractor]

With the fishing daily quests providing Sharpened Fish Hooks, the Aquadynamic Fish Attractor has a smaller market.

Quest Items

[Mithril Casing]

• [53] Chasing A-Me 01

[Advanced Target Dummy]

• [35] Gizmo for Warug (Magram Clan Centaur)

[Gyrochronatom]

• [37] Gyro… What?

8 x [Hi-Explosive Bomb] 8 x [Unstable Trigger]

• [58] That’s Asking A Lot

1 x [Overcharged Capacitor]

• [71] Just a Few More Things…

1 x [Bronze Tube]

• [37] Look To The Stars

1 x [Bronze Tube]

• [20] The Touch of Zanzil (Rogue only)

1 x [Deadly Blunderbuss]

• [27] Warsong Saw Blades

1 x [Adamantite Frame]

• [69] Additional Materials
• [70] The Soul Cannon of Reth’hedron

Services

Services are using an item to do a service in exchange for money

Lock Opening

Using Seaforium Charges you can open locked boxes. Just like a rogue, usually you do it for a fee or tip.

Mailbox or vendor

Occasionally a player may need a mailbox or vendor in an out-of-the-way place and will pay a small fee for you to use [MOLL-E] or [Jeeves]. Places where it may be required as there are no such facilities nearby: in a raid or dungeon, Darkmoon Faire at the opposite faction’s zone, items for large turn-ins of rep such as Ravenholdt which may be stored in the mailbox.

Everyman Items

These items do not require a skill to use or equip. The majority of them are in low demand, though.

Consumables

• [Flame Deflector]
• [Ice Deflector]
• [Discombobulator Ray]
• [Ez-Thro Dynamite]
• [Ez-Thro Dynamite II]

Devices

• [Ornate Spyglass]

Equipment

• [Voice Amplification Modulator]

Professional Items

These items are crafted by engineers, for engineers. In most cases, they are specialization recipes (gnome or goblin) that do not require that specialization to use. In other cases, the recipes are reputation awards, and the products can be sold to those who have not yet done the required reputation grind.

Equipment

• [Goblin Rocket Boots]
• [Gnomish Rocket Boots]

Gnome Engineering

• [Gnomish Alarm-O-Bot]
• [Gnomish Harm Prevention Belt]
• [Gnomish Mind Control Cap]
• [Gnomish Net-o-Matic Projector]
• [Gnomish Rocket Boots]
• [Gnomish Shrink Ray]

Goblin Engineering

• [Goblin Jumper Cables XL] – obsoleted by the Gnomish Army Knife
• [Goblin Mortar]
• [Goblin Rocket Helmet]
• [Goblin Sapper Charge]
• [The Big One]

External links External Sponsor Links

The top money making majors vary every year. These majors though most of the times are the hardest to complete, are usually the most rewarding at the end. I just looked up these statistics because I was curious about my major which is economics. Here I will compile a list of the top college majors to make money; I will then list the types of jobs you can get with that major.

1.)Any type of engineering. This includes Chemical Engineering ($55,900), Electrical Engineering ($52,899), Mechanical Engineering ($50,672), and civil engineering ($45,000). These majors are usually the hardest to complete due to massive homework and projects. They require a lot of mathematical skills which I don’t possess, and many other people don’t. It is not for everybody. The amounts of jobs you can acquire with this are pretty absurd. The employment growth for the majority of engineering jobs is moving at a pace faster than most occupations. The jobs for these majors include: Designing anything from bridges to skyscrapers, to creating medical advancements and much, much more, just google it.

2.)Computer Science ($50,046) With the endless growth potential of computers and the internet, computer science skills are very important, and because of this, people who have skills in this are paid very well. Believe me when I say, I’ve tried to program on my website and it is pretty impossible for an average joe like me. I tried to outsource some of my work but it would cost a ton. The work load is a ton for this major, but if you are a fan of computers and believe in the future growth of computers and the internet, then this major is for you. Jobs for this major include: Database manager, Systems analyst, Applications programmer, Computer programmer.

3.)Accounting ($45,723) If you like numbers, this is for you. As for me, I like numbers, but only on my pay checks. This major can be EXTREMELY boring, but it could be worth it for your post college opportunities. I always assume people are lazy, and people will remain lazy and don’t have the knowledge to do their taxes, accountants will always be in great demand. This job has after than average growth.These jobs include: Management accountants, Government accountants, Public accountants, Auditors

4.)Economics/Finance($45,200) Finally, we get to my major Economics. Let me tell you about Econ. It can be fun, I mean if you are a complete loser like me. With economics you can analyze anything from tacos with computers to clowns and dynamite. It can be very interesting. But on the other hand, with the wrong professor you can have an awfully boring time. If you have an interest in this major, I recommend reading the book “Freakonomics”. This book really opened up my mind to economics. Job growth is very strong for finance and economics. These jobs include: Economists in government, business, academic fields.

More majors you can choose: Business Administration $40,000, Marketing $37,500, and Liberal Arts at roughly $31,000

Jamie Cohen http://www.campusbathrooms.com – The ultimate online guide to campus bathrooms reviews

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Ok folks, here’s some more food for thought. First, I think there isn’t a consensus of what we are all really discussing here. I see several trains of thought going on here, but I think we can boil it down to two questions: Are there botany jobs available? Do they pay enough to be worth doing?

The short answer to the first question is Yes. To short answer the second question is Maybe, it depends on you’re feelings about the income level compared to the amount of education required.

Going back to job availability, here’s a few statistics. The breakdown for where botanists work is something like 10% in private industries, 40% work for the government and the other 50% work in higher education.

Some private industries that hire botanists: Drug, chemical, food, lumber and paper companies as well as the oil industry. Genetic research industry jobs are primed for considerable growth.

Some government jobs that hire botanists: The USDA, Department of the Interior/Forest Service, the State Department, the EPA and NASA.

Education jobs run the entire range from high school to community college to university. University County Extension offices hire botanists. Also every botranical garden you’ve ever seen.

The Bureau of Labor and Statistics state that demand for botanists is expected to be increase faster than average.

OK, on to the money: The average annual salary for botanists in private industry is about $35,000 and for those federally employed it is about $42,000. Income for teachers ranges widely from a low of about $24,000 for HS or community college instructors all the way to $90,000 for some Ivy League university professors. Most full professor positions at univerisites seem to top out somewhere around $70,000. It does take a long time to earn your way into such a position too I’m sure.

I’ve seen several recommendations that people interested in botany would be better served by becoming a lawyer, doctor or engineer. The idea is that you will get rich at these other jobs and then you can throw that money around on your own private gardening interests. I believe that this is generally a poor idea. Fine, doctors do make a lot of money. They also spend ungodly amounts of money just getting their degree. Not to mention the amount they spend on malpractice insurance after they get to work. I also believe that most people, but particularly doctors, should be in that line of work because it is their passion. I don’t want my health care handled by a man or woman whose primary interest was grabbing some cash. Being a lawyer is no picnic either. A professor of mine graduated from Harvard law school and was raking in plenty of cash. Whats wrong with that? He had ZERO free time – Spare suit at the office, didn’t know his kids, etc. He quit and never looked back and now happily teaches film school. As for engineering I can speak to that with some personal experience. First, if you don’t take naturally to math and numbers you will have your work cut out for you. If you had any difficulties with HS algebra you will probably suffer when you dig into calc/diff eq, statics/dynamics and materials classes. There are good reasons that engineering degrees are so highly rewarded and in such high demand. They are crucial jobs to modern society yet most people can’t or won’t do them. It really is that simple. Engineering is also, in my opinion, a job that should be done by those who have a passion for it, not just to rake in some dough. As for the money, the real golden opportunities come mostly to those with Master’s or PhD degrees. A bachelors isn’t even going to get you in the door in many big industry’s departments. If you are pursuing those degrees against your natural talents you may literally drive yourself crazy. Most people have no real idea how difficult engineering cirriculum is.

I hope that helped give another perspective.

There are five basic ways people make money in the world of warcraft:

1) Gather Leather/Herbs/Ore/Fish – supplies

2) Farm for loot/gear

3) The Crafter

4) Buy low/sell High

5) Control the market

PLEASE NOTE: This is a basic guide, it can get you starting making gold much easier, with less confusion. If you are serious about expanding your knowledge in this area, please check out the Luke’s Gold Making Guide ——————————————–

1) The Gatherer

There are many things to be gathered in the game. This includes leather, herbs, ore, fish, linen, wool, mageweave, stones, gems, and so on. Moreover, there is much gold to be made here.

There is something to be said for those that gather – they spend a lot of time making their money. Many players begin to make their money by gathering – and I encourage it. And, later on, finding a rare vein or herb can bring in several gold alone. There isn’t too much to say here but to get the gatherer mod (works wonders) and go to http://www.worldofwar.net/cartography/ and check out the resource maps.

The benefit of being a gatherer is that you don’t ever have to buy supplies. Moreover, you may just find the things to mine/gather while leveling. This is especially true with leather (tradeskill is skinning).

One thing to note – you cannot pass level 225 in your skill until at least level 35.Note #2 – ALWAYS sell your gathered items at the auction house – always. It costs next to nothing to put them up for auction even at 24 hour durations. If they don’t sell, just put them up again.Note #3 ? Constant Buyers ? find them, they are out there. Read on into the crafter section to learn more about constant buyers.

—————————-2) The Farmer

This is a profession usually taken on by those of higher (level 40+, usually 55+) level characters. To do this, you simply do instance runs or kill named bosses multiple times or do multiple runs through the instances in the chance of getting a drop. Before the patch that came out today (this was written the day the honor system came out), this is what almost all level 60 players did (since then, many lvl 60s have taken up pvp ? attacking the crossroads for example ? and then with the battlegrounds patch, they go to the BGs).

Things to note: This takes more time than being a gatherer – and the payoff *may* be higher. The *may* is the 3% chance, or .03% for some items, that an item worth x amount of gold at AH – I repeat AT THE AUCTION HOUSE – will drop (check www.thottbot.com to see the drop rate of items). So, with this type of way to make money, you may make 20g in a day or 200g or 2000g depending on what drops – pure chance. Now, some like this idea for the high potential.

Like I said, always sell the item at the auction house. If you don’t know what it is worth, look at items similar to it and price accordingly. If you still don’t know, put it up for some absurd amount – there’s a chance someone may buy it. I suggest putting what you want as the base price, and an absurd number for the buyout at 24 hour bid time – do this on the weekend as well as more people are on (at least 3x) during the weekends.

Example: The Deviate Scale Belt Recipe is a quest reward from the wailing caverns. My fiancee decided she would sell hers at the auction house. She wasn’t sure what it was worth, so she put it up for 50s base and 6 gold buyout, 24 hour time period. If you don’t know, there’s no way it should be worth more than 1 gold due to the fact that it is an easily obtained quest reward. Guess what – it sold! I guess whoever wanted it didn’t want to wait the 24 hours to get the item (as most don’t) so just bought it out.

Drawbacks: It costs a lot to put those items up for bid. And if it doesn’t sell, you have lost that money.

To compensate for this – first, always sell on Fri/Sat/Sun. Keep the items you get in the bank until the weekend. Also, put the item up around 7pm on Friday evening with a 24 hour bid time if you can. Repeat on Saturday if you still have it. This will ensure the most people see it. Advertising isn’t a bad idea as well – once every 30 minutes (once every 5 ? 10 mins if you are on a high population server). You can do a /2 [item][item][item] at AH. People will click on those boxes to see what they are, just out of curiosity, almost always. To make the [item] that people can click on, shift + click the item when you already are entering text in the chat screen.

Last note – sometimes going for the lower level item may be more profitable than the higher level item. The higher level item will definitely be worth more – but you will be able to do more runs through the lower level area.

—————————————–3) The Crafter

This is one of the players that says forget the gathering, I want to make things. To do this, you better have at least 10 – 20 gold ready to spend. The first 150 skill points into any craft, you will most likely lose money. In fact, I can almost guarantee it. The items below 150 aren’t worth much or in demand enough to make serious cash. This can be said even with items up to level 225. However, past 225, it is pure gold. Be it Leatherworking, Blacksmithing, Alchemy, or Tailoring (note engineering and enchanting are not listed); there is money to be made. Reasons why: Leatherworking – there are three paths. You can only choose one. Someone will want what you can make due to only 1/3 of the people being able to make it.

Blacksmithing – same as leatherworking, but two paths.

Alchemy – getting those high level herbs is no easy task. And now that the honor system is in and potions can’t be dispelled … yeah, permanent buffs will be worth a lot.

Tailoring – bags, bags! Everyone wants a 14 or 16 slot container. Of course, a perk you get is the 18 slot container – bind on pickup sadly. Also, often missed items are shirts.

So, how do these people get their supplies?One of two ways – Either at the auction house or from a supplier. Often times, the crafter will find a gatherer and work a deal with them to constantly have incoming supplies. The gatherer will often times send the item through the mail system with COD, cash on delivery. This works well for both parties. And, sometimes one gatherer can supply several crafters with what they need. The gatherer and crafter also set a standard price for a stack of a certain item ? this never changes once set in most situations. Having a constant buyer/supplier is more important and convenient than getting the most for your copper. I suggest you try to set up a system like this – either if you are a gatherer or crafter.

To contact them, use the mail. Go to AH and see who is selling alot of a gathered item or crafted item, depending on if you want to supply or want to craft. Write down their name. You can try to send them a message, but more often than not, they will not be online. So, just go over to the mail and send them a nice letter. Perhaps a subject of ‘Need a supplier?’ or ‘Can you gather x for me?’ (x being herbs, leather, whatever it is you need) In your letter, basically say you saw them selling a lot of a certain item at AH and you’d like to become a constant buyer. This is VERY attractive to the gatherer as suddenly gathering x item becomes a constant reliable income for gold. It is also VERY attractive to the crafter as they can normally negotiate for it to be cheaper than AH and they have a constant supply to make their items.

The downfall – at level 60, many crafted items become obsolete. Now, this doesn’t mean crafted items won’t sell. Plenty of lvl 59s and down still need those items. But, what it means is that they will never sell as highly or as well as a farmed item – epic items.

The two that cost you more than you make: Enchanting – This really can be a great tradeskill. I made tons of gold with it … by selling what I disenchanted to other enchanters. Rarely, and I mean basically never, will a player be willing to pay as much for an enchant as it cost you to enchant that item. Surely it can’t cost that much – you say

Well, factor in the cost of what you didn’t make. That is, factor in your potential earnings. In order to get enchanting ingredients, a item Uncommon (green) or better must be disenchanted. A blue item can easily go for 10 gold or up depending on your server (some 200 and up). Now, lets say every green and blue item you find and can’t use gets disenchanted – the losses add up pretty quickly. In fact, they add up so quickly that the aspiring enchanter finds it hard to believe. And, what is worse is that you don’t always get the ingredient you need. There is a random chance it can be any number of ingredients. Even worse – to enchant something, it usually takes at least 2 – 3 ingredients. Let’s say you disenchanted 3 blues to get the exact 3 ingredients you needed. If you had sold those blue items, you could have made 15g, assuming worth 5g (yep, a low estimate here). No one in their right mind will pay 15g for an enchant – unless it is a high high, well above 225, level enchant. And, if it is one of those enchants, then those blues certainly could have sold for well more than 5g each. If you want to be an enchanter, find a good guild that will supply you with ‘trash items’ – items they tried to sell at AH and didn’t sell, so they send it to you.

One thing to note: Enchanting has the *potential* to make money through disenchanting. Throw-away green or blue items (ones that are really bad, no one would use) will sometimes disenchant into something worth considerably more at the auction house. Also, you can disenchant any of your old bind on equip or pickup items. Most players have to sell these to the vendor to get a very measly amount for them ? you could disenchant something worth several gold from them.

Engineering – well … sadly … you have to be an engineer to use engineering items. And, if you can use the item, it means you can make the item (except for high levels – goblin/gnomish). Yes, there is some money to be made in engineering, but certainly not as much as the other trades. The main place money can be made is in the items required for quests.

—————————————-4) Buy Low / Sell High

This is getting into the more complex of the ways to make your gold. To be able to buy low/sell high, you will need an initial investment. I suggest at least 10 gold if not 50 – 100 gold. But, 10 gold will get you started.

The strategy is simple – buy an item at a lower price than it is worth or can be sold for, and then turn around and sell it for that higher price.

To do this, many players will watch the trade channel in their main city. They watch for WTS (wanting to sell) [item]. Players selling like this want to sell their item now and not wait for AH – this is the perfect opportunity for the low/high buying player. You simply send them a private message asking how much or by saying I will give you x gold for that item. From there, you negotiate. The idea is that you try to get the item as low as possible. Make sure you always buy lower than it can sell for – this means watching the auction house like a hawk. You have to know what is worth what and how quickly it sells. Supply vs. Demand.

So, now you have your item. Let’s say you were able to buy it for 2g and it can sell at the auction house – ON the weekend – for 10g. You’ve just made 8g. Now, all you have to do is wait until about 7 pm on Friday to put your item up, or any time will do on Friday. Just do the same thing here I suggested for the farmers.

Someone doing this may turn anywhere from 1g – 2000g in a day depending on how much they buy and sell. However, a rough way of figuring it out is that you can only make twice as much as your initial investment. Sometimes you may make less, sometimes more – but never expect any more than twice what you invested.

One last note: If you see an item up for less than it sells for, you know this by watching the market, IMMEDIATELY buy the item without a second thought. If you don’t, someone else will.

—————————————— 5) Controlling the Market

This is by far the most involving way to make money in the world of warcraft. In this, you have to have a monopoly on the market – our example will be large glimmering shards. To start off, you will need a good bit, at least 10g if not 200g, of initial investment.

What you do is identify a market, large glimmering shards for our example, and start to up the price on it.

Let’s say a stack of one large glimmering shard is selling for 90 silver. And, there are 10 shards up at the Auction House. To control this market, what you would do is completely buy out all of the large glimmering shards- every last one of them. Then, you would go back and sell them for any price you decide as you are the only supply for large glimmering shards. Let’s be reasonable and only sell them for 1 gold 80 silver. Now, people are used to them being 90 silver and will not buy them for the first week. Also, you *must* have at least 3 – 5 items up at any given time for the price you have set. If they are not yours but are at 1 gold 80 silver, no problem. If someone puts them up for less, immediately buy them out. After about a week of doing this, people will start to accept that the price of a large glimmering shard is now 1.8g. Also, the people selling the shards will think that they have been selling at 1.8g, so they will put them up for that amount as well. Now, all you have to do is sell off all of your large glimmering shards at 1.8g – you just made twice what you invested.

Now, it may seem that the buy low/ sell high would work better – but, where it differs is that you set the price. Make sure to no more than double it at first. But, once the price is accepted at 90s, then you could do the same thing, this time at 3 gold. All the time, you have more and more large glimmering shards. Sell those, and you have made 3x what you invested in the beginning.

Also, control more than one market. If you only control large glimmering shards, then you will only sell at a certain rate. Instead, control several markets. It can be anything – fish, herbs, items … You could even decide to control the market for items level 30 – 40. That is, you buyout every item within that level range and then double the price. The people that level will need items, and they will have to buy from you.

Two things to note: First – other people will see the rise in price in that market and decide to start selling the item as well. If too many people do this, which ALWAYS happens, abandon the market – sell what you have left for more than you bought it for and be done with it. A way to identify if there is too much supply is if there are 20+ of that same item at the auction house. So, you will be controlling a market for roughly 2 – 3 weeks before you move on to another market due to increase in supply.

Secondly – people will NOT like you for doing this. In America (in the corporate world), this is considered illegal. You ARE monopolizing a market and giving people no choice but to buy from you. You WILL get a negative reputation if you do this long enough – especially if you stay in a market for too long. So, you may not necessarily do this with your main character.

One Last Thing – this method eats up a lot of time. You will have to check the auction house at least twice a day to make sure everything is fine and at your price. You may end up doing this over leveling even. So, only go for this method if you want a challenge. Remember, you cannot just buyout all of a market and expect the worth to change in one day – it takes at least a week of monitoring.

A note to those trying to fight the monopolizers – if they are doing it correctly, you can’t beat them by selling for less. Instead, sell for more. If the price of an item goes too high, then the market will crash. Suddenly, the prices will be within reason again. You can force this by having a base price at a price you think it should be and a buyout higher than what the monopolizer is selling for. This way, someone gets the item for the right price OR the monopolizer must buy the item at a loss. There you go; there is your ammo for fighting the fight. Monopolizers – easy way to beat this is? (can’t tell you, trade secret).

If you are serious about expanding your knowledge in this area, please check out the Luke’s Gold Guide