Did you take advantage of the merchanting tip I posted to YouTube just after BotNuke Day?
(posted November 6 2011)
Predictions About Bronze Bar, Tin Ore and Copper Ore Prices on Runescape
—-*** Show Me The Money ***—-
If you want to know exactly how much you could have made, here is the math:
If you had invested when this video was created, then, so far you could have made
profit = ((selling price) – (cost))/(cost)
Initial Investment 3m (1 million into each)
bought 12,500 bronze bar @80 each = 1 m
bought 50,000 copper ore @20 each = 1 m
bought 62,500 tin ore @16 each = 1 m
If you sold out today:
sold 12,500 bronze bar @269 = 3,362,500
sold 50k copper @60 = 3,000,000
sold 62.5k tin ore @26 = 1,625,000
bronze bar (269-80)/80 = 2.36*100% = 236%
copper (60-20)/20 = 2.00 = 200%
tin ore (26-16)/16 = 0.625 = 62.5%
3m invested – 7,987,000 returned = 4,989,500 profit
(7.987,000-3,000,000)/3,000,000=1.66*100% = 166% overall profit
…and, the price of Tin Ore and Copper Ore are still going up!
—-*** Show Me The Money ***—-
If you could make those kind of profits in the real world, you would be a very, very wealthy person. (This is why practicing this skill (merchanting) with play money in Runescape makes good sense to me!)
Want to know what I think is going up in price next?
Watch my bank video! 784m invested!
Anyone have a guess about what item I think is going up?
Do you have a guess about WHY I think that?
Prizes for the best answers to these questions!
To Your Success
Linkbuilder
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