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How do you manage large amounts of isk?
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Mr Epeen
It's All About Me
#41 - 2013-01-01 05:58:35 UTC
Whenever I have a spare billion, I go to Jita and double it.

Mr Epeen Cool
Josef Djugashvilis
#42 - 2013-01-01 11:00:50 UTC
Define the mininum amount required to be considered a large amount of isk.

I thought my first million was a large amount of isk as I had few skills to utilise - waste it on.

This is not a signature.
Doc Severiide
Doomheim
#43 - 2013-01-01 11:28:26 UTC
I have a one man corp where the bulk of my ISK and Gear lives. Wallet divisions with multiple Billions sitting safe and sound...
Six Six Six
Doomheim
#44 - 2013-01-01 11:29:15 UTC  |  Edited by: Six Six Six
I'm actually not that rich, only 8 billion isk and around 2.5 billion of assets.

I keep it on the one character but then I'm careful when in the market and won't accept contracts, only contracts I deal with are the ones I make, on rare occassions.

But I don't really have much to spend it on at the moment as I have 95% of the books I'm likely to need and a series of ships stored including a Tengu and Legion. Makes me wonder what those that have loads more actually do with it other than buy PLEX off of the ingame market to fund their accounts.
Rain6637
GoonWaffe
Goonswarm Federation
#45 - 2013-01-01 11:32:43 UTC  |  Edited by: Rain6637
I used to buy plex and keep them in a pile in jita

i spent 16 plex on http://i.imgur.com/fJVBP.png <-armor gang cap bumping machariels

I have... piles of blingy things ... everywhere

Help, I can't download EVE

President of the Commissar Kate Fanclub

PLEX: A Giffen good? (It's 1B?)
James Amril-Kesh
Viziam
Amarr Empire
#46 - 2013-01-01 11:41:41 UTC
Noobious wrote:
I see two methods:

Keep it all in your wallet
A market typo could wipe you out

I dn't typo. Ever.

Enjoying the rain today? ;)
Djana Libra
Deep Core Mining Inc.
Caldari State
#47 - 2013-01-01 11:50:29 UTC
play blink and waste shiney ships in pvp
Lord Rixus
Caldari Provisions
Caldari State
#48 - 2013-01-01 11:55:10 UTC
Creating alts that you dont ever play to hold the isk is the way to do it.
Polly Oxford
Deep Core Mining Inc.
Caldari State
#49 - 2013-01-01 13:49:24 UTC
mynnna wrote:
Noobious wrote:
mynnna wrote:
Noobious wrote:
For those players with multiple billions of (liquid) isk, how do you manage it? I'm only wondering how you handle your isk... no investments in other player schemes or assets.

I see two methods:

Keep it all in your wallet
  • A market typo could wipe you out

    • Single person corp
  • Use corp wallet divisions as "bank accounts"
  • What if you want to stay in an NPC corp?

    • Any other ideas?


    I'm a little confused as to why you stipulate "no investments". I didn't make my trillion or so by letting it sit idle...


    Oh I'm not against investment at all! I'm merely asking how others manage the immediate, liquid isk portion of their wealth.


    Oh. Well, in that case, I never have much liquid.

    Case in point: http://i.imgur.com/CFGfZ.png


    He all mined that himself btw.
    Darvaleth Sigma
    Imperial Security Hegemony
    #50 - 2013-01-01 16:14:31 UTC
    I wish I had billions to worry about. Sad People have more billions than I have millions.

    Give a man a match and you warm him for a day.

    Set a man on fire and he's warm for the rest of his life!
    AstraPardus
    Earthside Mixlabs
    #51 - 2013-01-01 16:20:40 UTC
    I used to have stupid ammounts of ISK, but I always spent it on either production of boosters or blingships...golly, I love me some blingships. :3
    Every time I post is Pardy time! :3
    mynnna
    State War Academy
    Caldari State
    #52 - 2013-01-01 16:26:23 UTC
    Polly Oxford wrote:
    mynnna wrote:
    Noobious wrote:
    mynnna wrote:
    Noobious wrote:
    For those players with multiple billions of (liquid) isk, how do you manage it? I'm only wondering how you handle your isk... no investments in other player schemes or assets.

    I see two methods:

    Keep it all in your wallet
  • A market typo could wipe you out

    • Single person corp
  • Use corp wallet divisions as "bank accounts"
  • What if you want to stay in an NPC corp?

    • Any other ideas?


    I'm a little confused as to why you stipulate "no investments". I didn't make my trillion or so by letting it sit idle...


    Oh I'm not against investment at all! I'm merely asking how others manage the immediate, liquid isk portion of their wealth.


    Oh. Well, in that case, I never have much liquid.

    Case in point: http://i.imgur.com/CFGfZ.png


    He all mined that himself btw.


    It's my (not so secret anymore) shame Oops

    Member of the Goonswarm Economic Warfare Cabal
    Aryth
    University of Caille
    Gallente Federation
    #53 - 2013-01-01 16:40:56 UTC
    As said elsewhere in this thread, generally having liquid is a bad thing. However, at times you might run into the many hundreds of billions liquid while shifting out of one thing and into something else.

    I use a banker alt, and alt corp wallet divisions. Wallets for each different project/manip/spec. I find 7 to be plenty as I am typically not funneling ISK into more than 3-4 major projects at once anyway. This also makes it easier to eyeball profit and such without having to pull it all down with api and crunch with a program.

    Keeping a modest sum, say 20-100b on your trader char when you are actively doing updates is about all you ever need. Limits your risk to typo, limits you from keeping too much liquid. That is by far the greater danger. You might make 2-3 really nasty mistakes for a few bill at most. Leaving liquid is going to cost you far more.

    Leader of the Goonswarm Economic Warfare Cabal.

    Creator of Burn Jita

    Vile Rat: You're the greatest sociopath that has ever played eve.
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