Self: What do Waffles have to do with materials to save for Mists of Pandaria?
Another voice in head: Nothing. But who doesn't like Waffles?
Self: Good Point. Continue on
When looking to save items to resell for Mists of Pandaria there are some general rules to apply. These are the same rules that I've used in trying to create my personal Warcraft fortune and help you build yours as well.
Rules of the Road:
1. Don't put your eggs in one basket
Any type of investment strategy must include diversity. Whether you look to store a lot of Netherweave or Furs or Leathers. Including multiple areas of investment will always pay off.
2. Don't overextend yourself for a 'big deal'
Don't spend all of your current gold on investing going into Mists of Pandaria. There are always going to be opportunities to invest up to the day the gates open. So if a deal looks like it's too good for you to afford, then walk away from the deal.
3. Keep your materials liquid.
If you invest in cloth, keep it in regular stack forms. It may be tempting to fold them into bolts of cloth or into heavy versions of leather. But the more liquid you keep your assets, the easier it will be to sell when the demand hits. Enchanters should keep the majority of their investments in their normal form (shards, essences) though to save space some enchants that are known to be good sellers for levelers can be crafted ahead of time (Fiery Enchant, Weapon Agility, Weapon Strength).
4. Keep track of where everything is at.
I use an addon that's within the Trade Skill Manager add-on. It helps to know who is holding all the items I need for a specific enchant. Even if you are just using a piece of paper and a pencil, knowing where items are will save you time and frustration.
5. Buy first for yourself, then to sell.
If you are going to invest in a new character, built enough to power level your toon from the start, then look to invest to sell. There are excellent power leveling guides available that will give you exactly what you need to get your professions up to 520-525 level. From there you have a distinct advantage to not have to be at the mercy of sellers.
6. Know what your items are worth.
Keeping track of materials is hand and hand with what an item is worth. An item you buy at 5g now, with the expectations are selling it for 50g is good to know. Guessing will only frustrate you and cut into your profits. Look at past performances for investment opportunities.
7. Don't just use one source of information.
Hate to break the news gang, but I can be wrong from time to time. Just as every player and every writer on the Warcraft Blogosphere. All of these investments are our opinions, and we might lose. That's the enjoyment of investment potential. If we could just be right all the time we could print our own money.
8. Enjoy investment and sales.
This is fun if you let it be fun. It also can become too serious if you start losing your temper over why something isn't selling. Ultimately things will sell. Sometimes you just have to be patient.
That's it, the rest of the week will be starting my list of investments broken down between professions and other specifics. Stay Tuned
Good Luck and Good Hunting
Blizzard hates alchemist.....
MOP Prep: Prepping the Farmer
MOP Prep: Get to the Points
MOP Prep: Reduction in Inventory
MOP Prep: Stuff to Gold, Gold to Stuff
MOP Prep: Setting the Lineup
MOP Prep: Setting up the Cartel
MOP Prep: Zero Balance Investment
Motivate the Gold Troops
Do You Know Where Your Gold Is?
But Uncle... I didn't know
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