aceripper Posted June 13, 2011 Share Posted June 13, 2011 Okay so maybe this is another "how to get rich" questions, but I'm not asking in the hopes that everyone reveals the secrets that got THEM rich, all I want to know is what I should do to build upon a total capital of 20mil gp... I'm a little confused as I have been told that I should be valuing my time at well over 400k/hr... However this seems to be all I can achieve with the use of my runecrafting.. I tried flipping when I had around 7mil to play with but didnt get highly enjoyable results, should I reinvest in flipping now I have a larger cash pile? So fundamentally I would love to know, with my stats and starting funds, how should i go about making cashola, and at what should I value my time (in gp/hr) Side note: I am already investing in my kingdom and herb runs Link to comment Share on other sites More sharing options...
fatherdeath Posted June 13, 2011 Share Posted June 13, 2011 Fipping is worth the time if you find a niche. You should be able to make over 400k/h flipping even low profit margin items. Link to comment Share on other sites More sharing options...
Haaa_Haaa0 Posted June 13, 2011 Share Posted June 13, 2011 Go to the link in my siggy, Rune-tips has a very good guide on merching and flipping. Our forums got hacked recently (some stupid wannabe Lulz hackers), so we don't have any Hot Items available at the moment, but if you join our cc ("Rune Tips Cc" without quotes) and tell them that I sent you, I'm sure somebody will be able to help you out with some good items. Please read the guide first, though; and, if you like what you see, feel free to join and help contribute when we get up and running again! Hope this doesn't count as advertising too much :ohnoes: Rune Tips Merchanting Site!"rune tips cc" if you would like to learn some tricks of the merching trade! We have a great community as well.Each of us a cell of awareness/Imperfect and incomplete/Genetic blends with uncertain ends/On a fortune hunt thats far too fleet Link to comment Share on other sites More sharing options...
Quyneax Posted June 13, 2011 Share Posted June 13, 2011 Green dragons would be twice the money that you make with runecrafting, and higher xp/hr too of course. With a tortoise I think greens are 800k-1m/hr or thereabouts?. Merchanting can be way higher, even into the 10m/hr range, but that's with a larger cashpile. It's worth learning. Supporter of Zaros | Quest Cape owner since 22 may 2010 | No skills below 99 | Total level 2595 | Completionist Cape owner since 17th June 2013 | Suggestions 99 summoning (18th June 2011, previously untrimmed) | 99 farming (14th July 2011) | 99 prayer (8th September 2011) | 99 constitution (10th September 2011) | 99 dungeoneering (15th November 2011) 99 ranged (28th November 2011) | 99 attack, 99 defence, 99 strength (11th December 2011) | 99 slayer (18th December 2011) | 99 magic (22nd December 2011) | 99 construction (16th March 2012) 99 herblore (22nd March 2012) | 99 firemaking (26th March 2012) | 99 cooking (2nd July 2012) | 99 runecrafting (12th March 2012) | 99 crafting (26th August 2012) | 99 agility (19th November 2012) 99 woodcutting (22nd November 2012) | 99 fletching (31st December 2012) | 99 thieving (3rd January 2013) | 99 hunter (11th January 2013) | 99 mining (21st January 2013) | 99 fishing (21st January 2013) 99 smithing (21st January 2013) | 120 dungeoneering (17th June 2013) | 99 divination (24th November 2013) Tormented demon drops: twenty effigies, nine pairs of claws, two dragon armour slices and one elite clue | Dagannoth king drops: two dragon hatchets, two elite clues, one archer ring and one warrior ring Glacor drops: four pairs of ragefire boots, one pair of steadfast boots, six effigies, two hundred lots of Armadyl shards, three elite clues | Nex split: Torva boots | Kalphite King split: off-hand drygore mace 30/30 Shattered Heart statues completed | 16/16 Court Cases completed | 25/25 Choc Chimp Ices delivered | 500/500 Vyrewatch burned | 584/584 tasks completed | 4000/4000 chompies hunted Link to comment Share on other sites More sharing options...
Haaa_Haaa0 Posted June 13, 2011 Share Posted June 13, 2011 Green dragons would be twice the money that you make with runecrafting, and higher xp/hr too of course. With a tortoise I think greens are 800k-1m/hr or thereabouts?. Merchanting can be way higher, even into the 10m/hr range, but that's with a larger cashpile. It's worth learning. Also, the beauty of merching is that, if you use overnight flipping (as I do), it's often a "fix n'forget" moneymaker. I've made several mil over the last few days with about an hour of play time, tops. So, you can invest, then go off and kill green drags and REALLY make bank. Combine this with MTK, the dailies, and farming, and you're probably pretty set. Rune Tips Merchanting Site!"rune tips cc" if you would like to learn some tricks of the merching trade! We have a great community as well.Each of us a cell of awareness/Imperfect and incomplete/Genetic blends with uncertain ends/On a fortune hunt thats far too fleet Link to comment Share on other sites More sharing options...
aceripper Posted June 13, 2011 Author Share Posted June 13, 2011 Green dragons would be twice the money that you make with runecrafting, and higher xp/hr too of course. With a tortoise I think greens are 800k-1m/hr or thereabouts?. Merchanting can be way higher, even into the 10m/hr range, but that's with a larger cashpile. It's worth learning. Also, the beauty of merching is that, if you use overnight flipping (as I do), it's often a "fix n'forget" moneymaker. I've made several mil over the last few days with about an hour of play time, tops. So, you can invest, then go off and kill green drags and REALLY make bank. Combine this with MTK, the dailies, and farming, and you're probably pretty set. Very good idea... I would be very very interested to get good at merchanting, however the specifics still elude me, and I know no one will ever give up the items that have made them rich, so I was wondering if there is a way to learn? Is there a developed and friendly clan that could help me? Or anyone on here with advice to get me started? Thanks for the help so far :-) Link to comment Share on other sites More sharing options...
aceripper Posted June 13, 2011 Author Share Posted June 13, 2011 Anyone? Or should i make a new, merchanting topic? All I'm after is tips, types of items, quantities, techniques.. Not specific items Link to comment Share on other sites More sharing options...
Avatar200 Posted June 14, 2011 Share Posted June 14, 2011 Since I'm like everyone else (not sharing flipped items), the best tip I could give you is to be patient when learning to flip. Try to flip items related to buyable skills that you are actively raising. It'll help you get the feel of it much faster since you are already buying stuff to level. This helps you in learning the market flow, price fluctuations, availability and trends. When I was raising herblore, I think i recovered around half my costs (rough estimate at 20mil) by flipping 2nds and vials (dont do herbs, it almost always crashes except for toadflax). Look for items that have steady prices, not ones that are consistently dropping or rising. If it always drops, you cant sell it. If it always rises, you cant buy it cheap/quick and higher risk of price crash. For me 1% profit is good enough per flip, 2%+ is a bonus. If 5%+, I'd switch to another item. It's tempting (and sometimes rewarding) to get rich quick with high profit items, but you might end up a victim of clan manipulations. The same concept could be applied to equipment loot from MH and slayer, just maybe not as easily. Oh and dont use all your cash pile on 1 item, unless you're a pro merch. But pro merchs would put in a few different items.. Link to comment Share on other sites More sharing options...
JPMC Mate Posted June 14, 2011 Share Posted June 14, 2011 Here's a great guide on flipping: My link Really? Cause as I recall it was you who was the one cussing me at base. Also, re-read what you just said: one 15 second delay (which is an exaggeration to begin with) ruins floor times? You are beyond ridiculous. Link to comment Share on other sites More sharing options...
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