JMTC Wow Gold Forum

Well, I am not a regular on the forums here, but i do always check for new blog updates for new ideas. I have been using TSM and auctioneer to help in making money and i just recently started using the undermine journal to check up on prices and competition. I used to only stay in the enchanting scrolls market and would sell the lw patches, but i started to stock up on items for 4.3 release and it has lead to thinking of more possibilities for everything i could use to make money.

Let me know if these are good items to stockpile for the patch:
15 stacks maelstrom crystals
18 stacks heavy savage leather
2 stacks volatile fire
1 stack volatile water
various stacks of GCE and hypnotic dust
2 stacks blackened dragonscales (just realized i should grab more)
10 living embers

I have more bank space and i plan on using the leather to grab most of the recipes i don't have yet. I believe i only have 8 recipes so i would need 24 more right? That would be a majority of my stockpile, but i will be getting more of those.

I just finished leveling my jewelcrafter and i do token dailies and i started looking into the ore shuffle. Ore prices, based off of the undermine journal, seem to be working fine for prospecting, which they are at about 50g a stack when i buy it (going to make a spreadsheet soon since i am more familiar with prices now). I also ditched mining on this character and began leveling alchemy to use the transmutes with my jewelcrafting.

With all this new expansion of my business, i have taken a huge hit to my gold stack. I was at about 50kg when i starting going hard on stockpiling and now i am at about 17kg. Would you consider this a bad thing? The living embers took a big hit since they were 3k each, but my main problem is that they dropped to 2k almost right after i bought them. I came up with a few choices i had for these. I could sell them for a loss, hope they go up when people stop doing FL next patch and are looking to craft gear, or use them myself. I was able to get a clutches of evil recipe for only 5k, which seemed pretty good to me, so i have the opportunity to craft them and sell. I also bought a lava bolt crossbow at 10k and am not trying to sell it for about 18k. There is some competition though, so i might switch to selling it through chat. I also, might consider using too for my main hunter if i don't find a decent bow anytime soon.

Please let me know anything i could be doing better in any way to increase my gains or fix any problems i have. I will probably use this to ask any other questions i have, but i typed this real fast, so i'm not sure if i missed anything.

Don't worry, you are doing everything fine. A few tips: For enchanting you will need heavenly shards too. You can buy them, but I'd advise you to acquire them by disenchanting stormforged shoulders. It is usually much cheaper. As for the living embers and other raid stuff, I can't tell you much because I'm not in that business, but the rest of it you got covered. Also don't worry if you are a bit low on cash, when the patch comes prices and demand will rise and you will get back your money if you do it right. One more thing: since you don't have major capital, I'd advise you to stick with smaller businesses for now. Crafting is fine, bloodthirsty sets and all, but buying a lava bolt crossbow for 10k is very risky. Risky is good when you have enough capital that even if you fail you won't even notice it, but right now you have to cut corners.
Oh, and don't wait untill the patch comes, if you see something that you can sell with a profit, do so, you will have more capital to start 4.3 with.

I might start crafting bloodthirsty then to bring some of my capital up. The lava bolt crossbow wasn't too bad for me since i could actually use it and it was at a steal from the info i knew. I will usually check ah for items to de or cheap heavenly shards as i don't have a bs yet. I assume i should get spreadsheets for my enchanting and jewelcrafting to see what is the best stuff to make.

Should i only make the more profitable enchants? I usually make pretty much any that is a bit of profit, but i wasn't sure if i should make only the more profitable ones to cut back on mat usage a tad.

Spreadsheets are great, I made a few back when I started this. They require a lot of time to make and maintain(if you can't get one from somewhere) but they're much more efficient then queueing with TSM. However they are only a step on the way. After a few weeks of using them you will memorize the whole thing, at which point you won't need them anymore. I had like 5 different spreadsheets for different professions, now I don't use any, not even wowhead, TSM or the AH prices. There is no better way, then actually knowing your server's market, but there is no other way to do that, then starting the hard way.
If you don't have a BS yet, you should level one when you have free time. It is great. It is very server-dependent, but the most profitable profs(at least on my server) are ENCH-JC-INSCR-LW-BS-tailor-ALCH-ENGI. Actually thats all profs, I just made them ordered:) Mining&herba is useless, don't even try farming, you can get the same amount of money with 10 hours of farming, as you would with 1 hour of crafting/AH playing/ad-ing in trade.
Untill you have enough capital you should stick with the profitable scrolls that you can sell, otherwise you are gonna end up with a bunch of scrolls instead of a bunch of gold. When you have more gold then you can invest on products, you can start crafting the cheap ones too. That amount varies depending on what profs do you have and what businesses are you running. For you I'd guess around 150k. That is of course capital combined with the net worth of assets, which should be 50kg for you, maybe 60k if you bought that stock cheap. Later, if you level other profs. the amount will change, but by then you will get the hang of it. I usually have around 250k of investments up on alliance AH and around 500k-750k on horde when I recraft. Oh yeah, that reminds me, if you can set up a xfaction business, do so. It is also very server-dependent so check the other AH on your realm for prices AND traffic, but most likely it is worth it.

I am probably going to find some spreadsheets i can use now i clean up my enchanting market a bit. I am looking to finish leveling alchemy for transmutes on my JC DK and i also plan on leveling other professions and characters, but i have to spend money on the heirlooms i use first (i like fast leveling ). Is it a good idea to get gathering professions for leveling? I usually grab herbalore and mining for new characters to grab mats for when i powerlevel a profession on them or to sell to grab a little extra gold.

Yes it is, but I wouldn't sell the low lvl stock I got while leveling, I'd use it when I reach 85, drop herba&mining and level other profs. Low level stuff can be hard to find so it's great if you have a head start.

Yea that's what i meant =P

I'm having second thoughts about the living embers. I am considering selling the stock, which would be a decent loss, and selling the recipe i got, which i could get a gain out of.