My Profits, My Farewell

In my previous post, I wrote about my Bass Pro Shop.  This post will give a breakdown of what I have done to increase my wealth since that day.  This post is not made to brag.  I'm actually posting it as a means to show the community where my money has came from and reveal my markets.

I've been asked on Reddit a few times how much I am worth now.  I will be honest.  I don't really know.  I've come a very long way since the days of my Bass Pro Shop.  I don't know how wealthy I am compared to the rest of the server though.  It would be very interesting to find out. 

Today I own two thatched farm houses, nine 16x plots and four private workstations in the Northwestern corner of Sanddeep.  I also own a 16x plot that I use as a depot in Halcyona.  All of my land, except my depot, are used for Aged Cheese Larders.

I make around 233 gold a day in profit (52% margin) from the cheese larders on my land.  This gives me a monthly profit of around 7000 gold (13,300g total revenue).  This value would be higher but with the recent spike in labor prices, I've not found anything profitable to grow in the center of the 16x farms amidst the Cheese Larders.  Normally, I would look to grow Azaleas and Narcissus as they are used in my gold making and they sell reasonably well on the auction house.

I am currently 40k+ in Carpentry.  I have leveled it up profitably (which is why it is taking longer than normal to cap).  On an average day, I sell 8-10 Regal Crafting Tables.  Regal Alchemy, Regal Cooking, Regal Anvil, Regal Handicraft and Regal Plate Forum.  Each of these tables make 8-15g profit and use basically the same materials.  Archeum Ingots, Silver Ingots, Gold Ingots, Sturdy Ingots and the respective Design.  On top of that, I sell Monarch's Spacious Beds.  I usually sell 4-6 of these a day with a mark-up of around 6 gold.  I would average my daily Carpentry profits to be around 103.5 gold from Regals and another 30 gold from Spacious Beds.  This will bring me to about 133.5 gold profit a day from carpentry. This comes to 4005 gold a month from Carpentry profits.

Due to the Regal Tables using ingots, I've branched into the Sturdy Ingot market as well.  I usually make around 1.5 gold profit per ingot sold.  (This value was much higher during the first days of the welfare give-a-way of TS trees.  Sturdy Ingots were profiting up to 6 gold each.)  I average about 10-15 Sturdy Sells a day.  I would estimate my profits to 18.75 gold a day or 562.5 gold a month.

Sturdy Ingots also brought my attention to the Opaque Polish Market as it is required to make the Sturdy Ingots.  This isn't the most profitable market as I usually made around 60 silver per polish.  I mainly just sell off the extra polishes left over from making the ingots.  I sell around 15 of them a week.  That's 9 gold profit a week and 36 gold profit a month.

I also flip items on the auction house.  I use my "benny to singles" method where I buy 100 stacks and relist for triple the price in singles.  Using this strategy, I've sold tax certs for 3 gold each after purchasing them for 80 silver.  Fusion Alembics that I purchased at 1.9 gold each, I've flipped for 5 gold.  A smaller, less profitable market is the Gilda Dust market.  These have been cheap, 20 silver each, but sold for 60 silver.  Sales vary but I would guesstimate that I make around 30-40 gold a day in profit off flipping these items.  If we average this to 35 gold, that will bring my monthly profits to 1050 gold.

These have been my main sources of profit since the Bass Pro Shop.  When I add up all of my primary ways to make money, it looks like this

Daily Profit: 233+133.5+18.75+1.2+35= 421.45 gold

Monthly Profit: 7000+4005+562.5+36+1050= 12,653.5 gold

 *These figures take into account land taxes, auction fees, materials, labor, eco fuel and payroll to help haul larders.

 ** 12,653.5 gold a month is enough to patron 42 accounts at 150g per Apex.

As I have acquired more capital, I have invested it into Apex.  Apex has steadily been gaining value since release.  During the spikes from Trion's interference in the economy, I have typically liquidated my entire stock and rebought once prices return to normal.  I do the same thing with Worker Compensation potions.  This usually brings a 25-30% return on Apex and Worker Pots. 

I take almost all of my profits and reinvest into my ventures.  Often this simply means buying more land to increase my larder production.  I've always tried to keep my gold growing and making me more gold.  It is how I have grown as quickly as I have.

As I stated earlier, I do not write this to brag.  I write this to tip off other would be marketeers of the profitability of the items I have listed.  I do this because I will no longer be participating in those markets.

After much consideration, I have decided to quit Archeage.  I have had a lot of fun in the game but due to the terrible decision making and overall management by XL and Trion I cannot support them any longer.

I wish everyone the best of luck and the greatest adventures in Archeage.  It has been a pleasure gaming with you all.  I hope for your sake that Trion/XL turn it all around.  I seriously doubt it but only time will tell.

I personally am considering a career as a starship pilot in a place called New Eden.  Maybe I can blog about that some day.

Farewell my friends.

Ala