Preview Vid #4: Your Questions Answered, Part 1
Written by Jon.
How much gold do I really make? I start this massive questions-and-answers video with a look at four of my gold-playing toons on 4 different servers. Can you guess how much Gold I’ve got right now? 
And then the questions begin…
- What does it take to get started?
- How many Pipelines do I need for 10k Gold per week?
- Should I do dailies… farming… or just the auction house?
- How do I use Auctioneer properly?
- Is Auctioneer the best gold-making add-on?
- What items should I buy to get started?
- How much should I pay for Pipeline items?
- What can I do about cut-throat undercutting?
- What’s the best way to post multiple lots of the same thing?
- There must be a better way to make gold than bottom-feeding?
15 Comments so far
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Im enjoying your vids abd am thinking about getting this when it drops.But just so you know this vid is the same as th pipe line one or at lest thats whats loading for me
Oops… my bad. Thanks for the heads-up, Evan, I’ve fixed it. - Jon
Jon, really looking forward to the 3.0 launch. Just giving a massive thanks to you for sharing to fellow WoW players the right way to make gold. I can see your dedication in helping others. Cheers
Also you make me laugh quite frequently.
> Also you make me laugh quite frequently
… so is it the funny Canadian accent???
- Jon
Great videos, love the fact that my question is (kinda) there (the first question asked, /bow). Looking forward to 3.0 release.
Just to ask, any news on the contest winners? Id like to pick up my free copy soon…
Jake
P.S. I like your accent
Wow just realised it was 35 minutes long. Just watching it now ;).
Great effort, looking forward to the next part
First comment was posted before I actually realised that you named me as the question asker. (question 3) Im honoured
Hahaha not only is it the accent but just generally funny
I have to say, these preview videos have changed the way I look at AH
I have to agree, Jon kenins ftw
Hey, Jonathan, thanks for the videos… plus I’ve enjoyed your podcasts. I know a lot of your principles to be true, because I’ve been playing a long time too, have discovered them for myself in the past. My problem is I haven’t made as huge gold as you. I find it easy to make several hundred gold a week, but upwards of a few thousand?
Thinking about it, I wonder if I’m just subconsciously hanging on to lower price items just because they’ve done well for me in the past. I’ve considered myself a fairly shrewd judge of prices, but experimenting lately I’ve been selling for a lot more than I thought I could get.
I don’t yet know if I’m going to buy your system because I already know much of what you’ve put out so far… but wanted to say I certainly appreciate your thoroughness and methodical presentation. I bet you’re an INTP also. (Myers Briggs). Take care!
Jon…hey, just thought I’d let you know that this stuff on pipelines is very intriguing! I’d like to know how to get started and setting up Auctioneer properly?
I was looking at the AH last night and could not figure out how the prices on bean counter don’t exactly reflect the price in the enchantrix tool-tip…any comment?
Hi Jon
As you accumulate income, you in turn have to use that to reinvest into the market… At what time do you stop increasing your pipelines and stop reinvesting your new found gold?
Also, at what amount can you start dipping into your money without negatively affecting your pipeline production?
Phil - Beancounter only tracks your own auctions: what you buy, sell, or put up for sale without success. It doesn’t have any relationship to Auctioneer’s calculations of value.
Chad - I think you’ll find it very difficult to re-invest a high percentage of your income in buying more stuff. Ideally, you’d keep all the gold “working” but it just comes in too fast
As you’re building up, I’d say you should keep a “float” on hand of at least 2,000 gold - so you can buy expensive stuff that is very well priced. You’ll find that you build a substantial inventory of Pipeline goods waiting to sell. But it will be a challenge to spend most of your gold on auctions that are priced low enough to meet the standards of productivity I suggest.
Of course, you could easily buy up stuff at higher prices, but then your return on the investment of time would start dropping. I prefer to work less and make (a lot) more… by being very hard-nosed about price levels.
- Jon