Long term Gold Investing while not playing.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Alex The Great.5032

Alex The Great.5032

Hey guys,

If hypothetically, we have a fairly significant amount of gold saved, but we must be away from playing for a indefinite period. Where or in what we should invest that gold? for when we come back to play, that gold does not lose value.

Should we invest in gems? crafting materials? ectos? or where?

Guys, I would appreciate hearing your opinion. Thanks.

The Alejandro | Ethereal Guardians [EG] | Sanctum of Rall

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Mourningcry.9428

Mourningcry.9428

Diversify. Ectos, lodestones, various tiers of crafting mats. Good luck!

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Ursan.7846

Ursan.7846

I think the safest long-term investment are one-time items (Lost Shores, Halloween, Wintersday).

Aside from that, I don’t believe in long-term investing.

While yes, prices of goods may go up slowly, it can see some drastic prices changes due to changes in the game not related to inflations.

Things like bot bans, new introduction of materials, new introduction for the consumption of materials, etc.

Like Mourningcry said, you have to diversify your investment in order to avoid this risk.

Another point is that I personally don’t believe inflation will continue indefinitely. One of the major gold sinks (TP) in this game scales with inflation. Just another thing to think about.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Olfinbedwere.5049

Olfinbedwere.5049

This is where an investment guild would be great. If you trust ppl. Invest your gold with a guildie that is market savy and can keep a record. Maybe we could do with an NPC investment broker. The E-trade Quaggan.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Pao Diosa.9218

Pao Diosa.9218

Like says Ursan, invest in “one-time” ítems, like skins from Lost shores, halloween, etc.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Zumy.6318

Zumy.6318

Make a legendar and dont soulbind it.

Thief | Zumy [Buka]
Legendary counter: Twilight, Bolt, Incinerator, Incinerator Nr. 2, Meteorlogicus, The Dreamer

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Svarty.8019

Svarty.8019

Like says Ursan, invest in “one-time” ítems, like skins from Lost shores, halloween, etc.

Bear in mind, though, that Halloween stuff is likely to be available in a few months again.

Nobody at Anet loves WvW like Grouch loved PvP. That’s what we need, a WvW Grouch, but taller.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Yaos.4528

Yaos.4528

Gems are a safe place to store your gold since it’s in ANet’s best interest to keep the exchange rate sane. I’d be wary of buying items since ANet has purposely made item prices rise or drop. Then again it’s risk vs. reward, if you’re lucky you could buy an item that’s cheap now and skyrockets in price in the future, or you could buy something that drops to vendor price.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: ZudetGambeous.9573

ZudetGambeous.9573

One time lost shore skins are a pretty safe bet, as is anything that is close to market price. At the most you lose the 15% TP fee for vendor price items.

I know I had a similar circumstance and I invested my mesley 30g in ancient bones which were at the vendor price when I left. I came back a few months later and sold them for a total of 100g. Too bad I didn’t hang onto them as I could of had 250g at this point.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Calae.1738

Calae.1738

Gems, Globs of Ectoplasm, Tier 5 & 6 crafting materials, Cores & Lodestones, Mystic Coins, Unidentified Dyes.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Minion of Vey.4398

Minion of Vey.4398

I would diversify. Put some money in multiple things that you feel confident in the long term value of. Gems, mystic coins, rare minis, and discontinued skins would be a good start.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: iCryptik.1496

iCryptik.1496

Buy up all the chocolate.

No chocolate for the children!

Alshazzär
Tarnished Coast [TC]

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Kaon.7192

Kaon.7192

Near vendor value commodities with extremely high trading volume are your safest bet. One example is elder wood logs. These kinds of items limit your losses to under 20% and should increase in price along with inflation if it were to hit the economy in your time away.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Svarty.8019

Svarty.8019

Near vendor value commodities with extremely high trading volume are your safest bet. One example is elder wood logs. These kinds of items limit your losses to under 20% and should increase in price along with inflation if it were to hit the economy in your time away.

This is a point – you have a good solid “cannot possibly go any lower” commodity there, but beware the trading post fee.

Nobody at Anet loves WvW like Grouch loved PvP. That’s what we need, a WvW Grouch, but taller.

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: cargan.5689

cargan.5689

any thing you “invest” in on the TP is going to cost you 15% you seem like a nice guy ill do you a deal ill hold on to you cash for only a 5% commision saving you 10% over the TP

Trust me im a guardian

Ulfar SOR

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Vinny.6924

Vinny.6924

Crystal lodestones.

You’ll thank me later.

Commander Ahria – Warrior – Stormbluff Isle

Long term Gold Investing while not playing.

in Black Lion Trading Co

Posted by: Destroyer.1306

Destroyer.1306

Molten Lodestones imo. They’re bound to nerf CoF sooner or later, right?

Stinky Garbage, Engineer. Meatbag, Guardian. Dum Dums, Elementalist.