Updates - This month has turned out to be a bit more challenging than I expected. I am writing this from my wife’s computer. The hard drive on mine failed and now ...
What I Spend Gold On
One of the most common questions people as me in my livestreams is "What do you spend all that gold on?".
While it seems they envision someone buying Spectral Tigers or spending gold-cap on Mimiron's Head from the Black Market Auction house the reality is much less glamorous.
Has past the jump for what I actually spend my gold on.
Mats, Mats and More Mats
Below (in no particular order) are the items I find myself regularly spending gold on these days.
- Black Trillium Ore and White Trillium Ore - I buy both for under 15g a piece. I smelt Trillium Bars for daily Living Steel transmutes on my 4 transmute specced Alchemists. I also sell the Trillium Bars themselves if the price is right.
- Windwool Cloth - I buy this to keep my two Tailors full of Bolts of Windwool Cloth to do daily Imperial Silk cooldowns as well as crafting and selling Crafted Dreadful cloth items.
- Savage Leather - Similar to Windwool cloth I buy this to do my daily Magnificence of Leather cooldown.
- Magnificent Hide - I will sometimes buy these from the auction house when there are gaps in the leather and mail Crafted Dreadful market that would be profitable to fill.
- Ghost Iron Ore - I've been farming most of my own Ghost Iron Ore but if I run out I will buy it from the auction house. I use it mostly for daily Blacksmithing Lightning Steel Ingot cooldowns, Crafted Dreadful plated items to sell and prospecting for gems.
- 77-79 Cataclysm and 83-84 Mists of Pandaria items. These are my major markets and I need to keep the market clear of cheap items as well as continuing to build my inventory.
- Assorted transmog and other flippable items - I find these with the WoWuction and The Undermine Journal deal pages. (See Using TradeSkillMaster And WoWuction To Quickly Find Bargains.)
A Slow Inevitable March
Each gold-maker is unique and each of us has found different ways to make gold tht work for us. For me (at least at this moment) this is what I spend my gold on day-in and day-out.
No expensive mounts (I'm not a mount collector). No risky flips (I don't like have multiple thousands of gold tied up in individual items). No huge market resets (I only reset a few items at a time if that).
Just a slow and steady stream of income derived from low-risk investments done on a consistent basis.
Like this post? Get even more Power Word: Gold - Purchase our 100-Page Illustrated Gold Guide, subscribe via RSS, subscribe to the Podcast via iTunes or RSS, watch our Livestreams, follow us on Twitter, Circle us on Google+, Like us on Facebook, subscribe via Youtube and join us on reddit.
Buy The Power Word: Gold Guide Volume I: Addons (With TradeSkillMaster Info.)
(Today's guest post was written by Animadnb. If you would like your gold-making guest post featured on Power Word: Gold please submit...
Today's guest post was written by Ohnekase from the gold-making blog Meet Ohnekase . You can also follow them on twitter at @WowOhn...
Episode 098 of The Power Word: Gold Podcast. We bring you the latest World of Warcraft gold-making tips, tricks and strategies. In...
With the recent news that Activision Blizzard is buying back a controlling interest from Vivendi it was also made known that the curr...
Episode 097 of The Power Word: Gold Podcast. We bring you the latest World of Warcraft gold-making tips, tricks and strategies. In...
Gold-Making Blog Roll
- December (15)
- November (14)
- October (3)
- August (2)
- July (9)
- June (1)
- April (6)
- March (16)
- February (15)
- January (10)
- December (11)
- November (11)
- October (14)
- September (10)
- August (13)
- July (30)
- June (22)
- This Time I'm Not Gonna Run To The Anvil
- Four Gold For Some Settings That's Some Ignorant.....
- Episode 063 - The Power Word: Gold Podcast
- My New 85-89 MoP Item Market - Initial Results And...
- He's a Jewelcrafter and a Blacksmither
- Markets I'm Abandoning
- Kiryn & Riko: An Undead + Monkey Love Story
- Patch 5.3 So Far (New Markets And Re-Posts)
- Ninety Percent of My Gold Comes From Flipping Item...
- Sometimes Markets Just Need To Burn
- The Curious Case of The Stalker Monkey
- When Markets Attack! [Link]
- Profit By Supplying Secrets of the First Empire
- Now On Sale: The Power Word: Gold Guide Volume II:...
- No, I Won't Buy You a Tiger
- Beginners, Gold Making Troubles And Trailblazing
- Episode 062 - The Power Word: Gold Podcast
- Alacrity: Brisk and Cheerful Readiness
- The Big List of 77-79 & 83-84 Item Flipping Inform...
- Trillium Ore Shopping Spree
- Troubleshooting Slowing Sales In Flipping Markets
- Pricing Reborn Weapons Per Lightning Steel Ingot
- What I Spend Gold On
- The Beauty Of Glyphs [Link]
- Episode 061 - The Power Word: Gold Podcast
- TradeSkillMaster Scrollwheel Quick Posting How To
- April (32)
- March (17)
- February (18)
- January (23)
- December (19)
- November (2)
- October (11)
- September (13)
- August (13)
- July (14)
- June (14)
- May (11)
- April (13)
- March (12)
- February (17)
- January (11)
- Battle Pets
- Warlords of Draenor