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EVE New Citizens Q&A

 
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How do I make ISK by investing?

First post
Author
Aias Kion
Caldari Provisions
Caldari State
#1 - 2011-11-07 21:03:15 UTC
Have about 1B isk, anyone I can invest it in capital to generate returns? Thanks!
Velicitia
XS Tech
#2 - 2011-11-07 21:31:09 UTC
you can give it to me.

One of the bitter points of a good bittervet is the realisation that all those SP don't really do much, and that the newbie is having much more fun with what little he has. - Tippia

Daisai
Daisai Investments.
#3 - 2011-11-07 21:35:57 UTC  |  Edited by: Daisai
Buy a good battleship or marauder and blitz missions...

Or buy me one ^_^ ill pay you back promise.


Or start hauling
Pinaculus
Aliastra
Gallente Federation
#4 - 2011-11-07 22:25:29 UTC
Please do yourself a favor and spend it all on strippers and beer. As a new player (or even a seasoned vet) DO NOT believe any scheme that promises to "make your ISK work for you." Scamming is an art form here. MD (Market Discussion) has a history of people that have community trust, a solid history, and pass audits that still scam billions.

If you want something to do with your ISK that >might< make you a profit, I suggest station trading. It can be difficult, but given your starting point you don't really need that much profit. If prices move 1% you've netted 10m for basically nothing. Of course, if they move 1% in the wrong direction then you lose. No such thing as easy money.

Buying and selling stuff on contracts, like faction modules, can also be profitable. You have to pay attention to going prices, since there aren't any pretty graphs to keep track. That's actually a benefit, because it makes it harder to see where the price ought to be.

Since you're a new player, I'd recommend you do one of 2 things. Either:

1) Read every guide you can find on the markets and how to use them to make profits

2) Buy 900m worth of a very stable asset (certain minerals come to mind) in Jita and ignore it while you train skills to do what you actually want to do, and go through the newbie friendly parts of that. Then, after you know your stuff, you've got a nice nest egg to buy something shiny with.

If neither of these are what you're looking for, just contract the ISK to me and I'll send you 2B back in 3 months. Guaranteed. Big smile

I know sometimes it's difficult to realize just how much you spend on incidental things each month or year, but seriously, EVE is very cheap entertainment compared to most things... If you are a smoker, smoke one less pack a week and pay for EVE, with money left over to pick up a cheap bundle of flowers for the EVE widow upstairs.

Aias Kion
Caldari Provisions
Caldari State
#5 - 2011-11-08 07:43:36 UTC
Pinaculus wrote:
Please do yourself a favor and spend it all on strippers and beer. As a new player (or even a seasoned vet) DO NOT believe any scheme that promises to "make your ISK work for you." Scamming is an art form here. MD (Market Discussion) has a history of people that have community trust, a solid history, and pass audits that still scam billions.

If you want something to do with your ISK that >might< make you a profit, I suggest station trading. It can be difficult, but given your starting point you don't really need that much profit. If prices move 1% you've netted 10m for basically nothing. Of course, if they move 1% in the wrong direction then you lose. No such thing as easy money.

Buying and selling stuff on contracts, like faction modules, can also be profitable. You have to pay attention to going prices, since there aren't any pretty graphs to keep track. That's actually a benefit, because it makes it harder to see where the price ought to be.

Since you're a new player, I'd recommend you do one of 2 things. Either:

1) Read every guide you can find on the markets and how to use them to make profits

2) Buy 900m worth of a very stable asset (certain minerals come to mind) in Jita and ignore it while you train skills to do what you actually want to do, and go through the newbie friendly parts of that. Then, after you know your stuff, you've got a nice nest egg to buy something shiny with.

If neither of these are what you're looking for, just contract the ISK to me and I'll send you 2B back in 3 months. Guaranteed. Big smile



Thanks for the advice!

I'm well aware of scams and such, and I wasn't thinking of pouring isk into any "black box" enterprises. I was looking more towards capital intensive occupations. I've heard about PI recently, and I'd definitely would appreciate everyone's thoughts on that and any similar opportunities.
gfldex
#6 - 2011-11-08 11:37:29 UTC
Aias Kion wrote:

I'm well aware of scams and such, and I wasn't thinking of pouring isk into any "black box" enterprises. I was looking more towards capital intensive occupations. I've heard about PI recently, and I'd definitely would appreciate everyone's thoughts on that and any similar opportunities.


For some strange reason I feel a little reluctant to advice you on how to compete successful with me.

If you take all the sand out of the box, only the cat poo will remain.

CCP Phantom
C C P
C C P Alliance
#7 - 2011-11-08 15:11:19 UTC
Hi Aias Kion,

You can buy blueprints, research them and then sell them with a bit profit. Or you can make copies of those blueprints and sell those copies. You can spend quite some ISK there. You also need to research a bit to identify the blueprints in demand.

You also can try some station trading, buying low, selling high. You can spend almost endless money there, but you can make also some good profit. Solid market research might help you a lot there.

I tried both approaches and found them quite interesting, I can't claim that I was super successful though. Cry

Or you can keep your money together and wait unti blueprints for the new battlecruisers will be seeded. Then you might right away onto the bandwagon and try to cash in the early profits.



CCP Phantom - Senior Community Developer

mkint
#8 - 2011-11-08 17:11:22 UTC
It's a bad idea to be looking to invest in *someone*. *something* is much better. Even still, you will need to determine the time investment you're prepared to put in. The "career investing" takes a lot of work, even the kind of station trading that can net you billions upon billions of isk.

That said, check your local market, figure out the local trade hub (it could be very minor, but should be less than 5 jumps away from you.) Browse the market for low meta items that are relatively moderate value, but have no buy orders. Put up very low buy orders (maybe 50% jita buy order prices or lower) with a range you're willing to travel (check how close the nearest lowsec is) and just let the orders sit. Being the only buy order in the region/area you won't have any competition. They are low volume items so you won't have to deal with competition much, thus won't have to babysit your orders (once a week should be plenty.) You're buying at low enough, you'll turn a profit by the end. You're spread out into enough different products, one of them tanking won't wipe you out (oh yeah, spread out in as many things as you can.)

The upside boils down to this being a good holding strategy (orders expire in 3 months.) It takes very little work to maintain after your initial setup. It lets you dump your spare isk somewhere safe while you're doing other things.

The downside is that this is not a huge money maker. Some of your orders will expire with only a little product purchased. Depending on the area, you could have to visit lots and lots of stations to pick everything up before hauling to jita to sell. You may find it hard to sink a full billion into it because you're dealing with such cheap items. It's a slow project, not that great isk/day compared to more proactive activities.

Still, with all it's ups and downs, this is a great way to park isk that's in excess of your lifestyle needs.

Maxim 6. If violence wasn’t your last resort, you failed to resort to enough of it.

David Grogan
University of Caille
Gallente Federation
#9 - 2011-11-08 17:24:24 UTC  |  Edited by: David Grogan
for every 1bil isk you send me i will triple it cos im leaving eve

nah just kidding but i had not seen anyone type in the scam yet.

Everytime you buy something that says "made in china" you are helping the rising unemployment in your own country unless you are from china, Buy locally produced goods and help create more jobs.

Father Void
Sebiestor Tribe
Minmatar Republic
#10 - 2011-11-08 21:20:12 UTC
Anything that looks too good to be true probably isn't. Remember that there's really no repercussions to scammers. EVE has no Jail and you can't get knee capped.

Just stocking a few good ships can eat into 1 billion. I'd recommend keeping the 1 BN. Set aside 400 M to blow on gear and then have the 600 MM as backup fund.

If you just try marketing or BPO purchasing your experimentation will devour that savings with little profit. Better to find out what you like to do, play it safe for awhile then if you really do like something like say Marketing then you can invest it with more wisdom.

The sharks are out there, double check you math and never trust anyone when it comes to your isk.
Aias Kion
Caldari Provisions
Caldari State
#11 - 2011-11-08 21:43:56 UTC
Thanks again for all the advice!

I checked out trading, but the bid ask spread seems unreasonable and I'm not sure I want to commit too much time to understanding the eve market.

I've been looking towards a pve career with some industrials on the side. If anyone knows a newbie pve corp thats recruiting, I'd really appreciate if they could let me know! I might have no skills, but at least I have decent gear....
Exarch Darius
Ministry of War
Amarr Empire
#12 - 2011-11-08 22:27:31 UTC
You'll find a million corps out there that will have you. Really you should ask yourself what your looking for and then join the recruitment channel or forums.

My corp for example is a role-play corp with story driven goals. There's PVP, 0.0, industrial, casual corps ect.

I have found these questions helpful to have answered for yourself first:

1) Do I want a small or large corp? (why join a corp if you're alone all the time?)
2) Do I want to be involved in PVP at all? 9there are corps that only do industrial bu tey 'tend' to be in hisec. If they have a PvP wing then you'll have more options)
3) What timezone do they primarily operate in? (why join a corp if you're alone all the time?)
4) Do they have requirements that I don't meet?
5) How long has the corp been active? (watch out for brand new corps or brand new CEOs. just make sure you're not paying them rent or trusting that your isk to them.)

If they don't have a strong interview process its a good guess that they don't have strong organization. Which is fine unless you want that.
Kesshisan
#13 - 2011-11-09 09:43:02 UTC  |  Edited by: Kesshisan
I make a ton of isk by playing the market games. I buy low, and sell high.

If you want to invest in something, pick something and watch it for a while. See if you can notice a trend. When I was about to fly a Gila, I noticed that the Gila BPC price was very low. So I bought up 3 Gila blueprints for under 80mil each. Now a Gila Blueprint goes for about 140mil+ each, just a few months later. I only wanted 1, but I bought 3. That was one item I invested in.

I keep tabs on a few items now and again. I don't do it as much as I should, but most of my isk doesn't come from investing, so it's an excuse to be lazy.

Just recently (last week) I noticed a price of an abaddon with 3x trimarks was only fairly cheap on the contracts. It was a good 30-40mil cheaper than buying the abaddon hull and the 3x trimarks separately. So I snagged up the contract, waited a few days to make sure nobody else was going to sell the same ship for cheap, and reposted the ship for about 10 or 20 mil extra isk. It sold in under 48 hours.

I don't keep tabs on abaddon prices, but some friends and I were talking about it in chat, so I checked out the prices just to know. I was then able to identify a good deal and I capitalized on it. Sure it's only 20mil, but it was 20mil (less after processing fees) for about 5 min worth of work and about 160mil worth of risk.

Buy low, sell high. That is how I invest. It seems so simple, but it can get complicated. And never invest isk you can't afford to lose. :)
Toshiro GreyHawk
#14 - 2011-11-09 12:59:13 UTC


On the question of Player Investments ...

Yeah ... the best way to make money through investments - is to start a fund, get others to invest in it - and then rob them.

Use Bernie Madoff as an example of how to do it.

The great thing about scamming people in EVE is that - unlike Madoff - when everyone finally realizes it's a scam - you get congratulated by the other scammers - rather than spending the rest of your RL in jail.



Other players have created investment devices in the past but most, if not all of them have failed.

1) The guy doing it got tired of all the work and either gave everyone their money back, just quit playing or robbed them.

2) It was a scam from the start.

3) It started out as a legitimate investment idea and turned into a scam.





Now ... for a new player who has somehow acquired a lot of money - the best thing you can do with that money - is set it aside and don't touch it. Learn how to come up through the ranks just like everyone else. Work to make your money - and learn how the game works. Then - when you are a veteran player - spend the money on something worth while.

If you spend it now - you'll probably just waste it - or lose it.

There is no short cut to experience.

You can buy a character.

You can buy ISK from CCP.

You can't buy experience. You have to get it the old fashioned way.


.
Fortune Taker
#15 - 2011-11-11 18:49:51 UTC
For every 1mil isk you send me i will send back 5mil