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Preserve the ISK
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Sreda79
Deep Core Mining Inc.
Caldari State
#1 - 2011-11-28 16:28:42 UTC
I'm planning not to play again for quite a long time, lets say a year. So what would be the best way to preserve my ISKies? A few dozens of billions? So that it wouldn't be affected too much by all the inflation, market stability?

I'm planning on buying a character. I imagine if the plex prices rises, the character prices should rise accordingly.

Would be grateful for your thoughts
Morganta
The Greater Goon
#2 - 2011-11-28 16:32:20 UTC
bad move

haven't you heard? EVE is dieing, it might not be here in a year

better play now or just give me your iskies
I'll give them purpose again Pirate
Obax Bannon
Caldari Provisions
Caldari State
#3 - 2011-11-28 16:41:57 UTC
Just send them to me, I will invest them in some pretty safe stock.
Then call me when you get back and i will send back double Big smile
Dradius Calvantia
Lip Shords
#4 - 2011-11-28 16:43:31 UTC
Plex is probably the best long term wealth storage medium in EVE. It is not subject to changes in game mechanics such as buffs or nerfs, nor is it affected by things like the ice interdiction.

A plex will always equal one month of game time, so if in a year the amount of isk players can make in a month doubles (causing on average goods prices to double) then so too will the price of a plex roughly double.
Lady Spank
Get Out Nasty Face
#5 - 2011-11-28 16:44:18 UTC
How much isk you have now doesnt really matter does it, unless you are speculating about buying and selling plex as some sort of investment for a game you dont want to play for a year, which sounds strange.

Just unsub and see how you feel when you get back? Maybe I am missing your point :P

(ಠ_ృ) ~ It Takes a Million Years to Become Diamonds So Lets Just Burn Like Coal Until the Sky's Black ~ (ಠ_ృ)
Sentar Dethahal
Wohlstandsgesellschaft
#6 - 2011-11-28 16:46:35 UTC
I don't see PLEX continuing to rise...I'm newer to all of this, but it seems like it can only rise so far before it crashes...(look at the US housing market for a RL example). I don't know how that would relate to characters, but if it really is directly related, I would expect for character prices to drop if PLEX's drop.

As far as preserving ISKies...either leave them in your wallet, or invest. There are many opportunities to work with players for loans or bonds. If you aren't going to be active, not sure it really would be that safe to invest in a specific ingame item yourself, as that needs some attention.

Good luck however it turns out,
Sentar Dethahal
J3ssica Alba
Federal Navy Academy
Gallente Federation
#7 - 2011-11-28 16:54:32 UTC
Send your isk to me, I'll take care of them lovingly Oops
This is my signature. There are many others like it, but this one is mine.  Without me, my signature is useless. Without my signature, I am useless
Tanya Powers
Doomheim
#8 - 2011-11-28 17:01:16 UTC
Sreda79 wrote:
I'm planning not to play again for quite a long time, lets say a year. So what would be the best way to preserve my ISKies? A few dozens of billions? So that it wouldn't be affected too much by all the inflation, market stability?

I'm planning on buying a character. I imagine if the plex prices rises, the character prices should rise accordingly.

Would be grateful for your thoughts


I wouldn't buy plex has investment for the long term, your best asset that always brings you back for your money with extra % is minerals, Ice products, some ships, DED mods, officer mods (some), everything else is risky or short term investment (imho)
Tanya Powers
Doomheim
#9 - 2011-11-28 17:08:41 UTC
Sentar Dethahal wrote:
I don't see PLEX continuing to rise...I'm newer to all of this, but it seems like it can only rise so far before it crashes...(look at the US housing market for a RL example). I don't know how that would relate to characters, but if it really is directly related, I would expect for character prices to drop if PLEX's drop.



That's almost what I'm thinking about plex atm, prices are getting very high witch is good for sellers but in the long term investment I don't think it's a good move, any radical change such has for example someone or some/lot of people inject a few hundreds of those and prices will go down very fast.
Still think this kind of operation is short term not the kind of stuff I'd put on the line for a year.
Nex apparatu5
GoonWaffe
Goonswarm Federation
#10 - 2011-11-28 17:09:28 UTC
A Guardian-Vexor or Alliance Tournament ship is probably the safest bet, as there is a finite number of them in-game. They only go up in value, albeit slowly.
Bratwurst0r
DARK ORCHESTRA
#11 - 2011-11-28 17:33:54 UTC
Sreda79 wrote:


I'm planning on buying a character. I imagine if the plex prices rises, the character prices should rise accordingly.



Wait 2-3 months, reactivate your main for 1 day, buy plex at 350mil at will, be a happy camper when you come back. Plex rarely go below 350mil on average, and even if they do, you got lots of playtime. If you return for an expansion they will always be around 400mil if not more (on good expansions).

If the game goes downhill fast, then so would the plex-prices, BUT then you wouldnt come back to play anyways right?
Sentar Dethahal
Wohlstandsgesellschaft
#12 - 2011-11-28 17:35:23 UTC
Tanya Powers wrote:
Sentar Dethahal wrote:
I don't see PLEX continuing to rise...I'm newer to all of this, but it seems like it can only rise so far before it crashes...(look at the US housing market for a RL example). I don't know how that would relate to characters, but if it really is directly related, I would expect for character prices to drop if PLEX's drop.



That's almost what I'm thinking about plex atm, prices are getting very high witch is good for sellers but in the long term investment I don't think it's a good move, any radical change such has for example someone or some/lot of people inject a few hundreds of those and prices will go down very fast.
Still think this kind of operation is short term not the kind of stuff I'd put on the line for a year.

Exactly. Any kind of investment now would require buying PLEX at a price that is probably going to drop. Not really a good long term investment, and certainly a seller's market.

I don't think minerals or special items are really that good of an idea either....with patches coming out and new things happening all the time, demand and prices are going to go all over the place. Especially with rarer items, you will also have a harder time moving them when you get back, not to mention the possibility they won't be as rare.

Really, I would either not do anything with it (which is the safest option for sure), or look for an investment opportunity. The other options are already mentioned, but those would be something that would probably be better to be able to check regularly to ensure a profit. Not things you can come back to after a year.
Lithalnas
Dirt 'n' Glitter
Local Is Primary
#13 - 2011-11-28 17:40:15 UTC
buy tritanium, there is always a need for the most basic of materials, trit is the foundation of all relevant ships in eve, Hellcats, thundercats, whelp fleets, titans, motherships, dreads, Teir 3 cattlebruisers all require metric tonnes of trit.

https://www.facebook.com/RipSeanVileRatSmith shoot at blue for Vile Rat http://community.eveonline.com/devblog.asp?a=blog&nbid=73406
Soi Mala
Whacky Waving Inflatable Flailing Arm Tubemen
#14 - 2011-11-28 17:51:31 UTC
Wait for plex to settle down again in a month or two, They're a pretty safe bet for long term investments, so long as you don't buy during a spike (protip, they're spikier than a spiky thing right now).
The Antiquarian
Imperial Academy
Amarr Empire
#15 - 2011-11-28 18:10:59 UTC
In the developing/emerging economies, when there is a prospect of high inflation in the foreseeable future, the rich and the mighty tend to invest in rare paintings and antiques to hedge their wealth.

You probably missed the best window to buy the PLEXs, seeing how the current market price is 480M or so.

If you have enough ISK, I say invest in Tournament Ships including Freki, Mimir, Utu, Adrestia, Vangar, and Malice (once again, there is a risk that CCP will recycle the ship as part of the "buy 26 plexs promotion").

If not, you can look through the Market Discussion forum for a long-term bond offerings. (But I wouldn't suggest it. The long-tern bond offerings only provide 2-3% in interest. Inflation rate is probably much higher than the meager 2-3% that is offered as interest).
Renan Ruivo
Forcas armadas
Brave Collective
#16 - 2011-11-28 18:14:27 UTC
Dradius Calvantia wrote:
Plex is probably the best long term wealth storage medium in EVE. It is not subject to changes in game mechanics such as buffs or nerfs, nor is it affected by things like the ice interdiction.

A plex will always equal one month of game time, so if in a year the amount of isk players can make in a month doubles (causing on average goods prices to double) then so too will the price of a plex roughly double.


This, basically. Its like buying gold.

The world is a community of idiots doing a series of things until it explodes and we all die.
Nova Fox
Novafox Shipyards
#17 - 2011-11-28 18:19:53 UTC
Gold is worthless in a collasped society.

At that point guns, ammo, food, clean water, clothes, and shelter amazingly surpass gold in value.

Dust 514's CPM 1 Iron Wolf Saber Eve mail me about Dust 514 issues.
Mr Epeen
It's All About Me
#18 - 2011-11-28 18:21:35 UTC
Sreda79 wrote:


Would be grateful for your thoughts


Just leave it.

No one knows where EVE will be in a year. That's two expansions. Anything could happen to mess up all these so called 'investment strategies' from our forum finance experts.

But ISK is ISK. At least you'll know what you're coming back to.

Mr Epeen Cool
Mr Kidd
Center for Advanced Studies
Gallente Federation
#19 - 2011-11-28 18:22:53 UTC
Sreda79 wrote:
I'm planning not to play again for quite a long time, lets say a year. So what would be the best way to preserve my ISKies? A few dozens of billions? So that it wouldn't be affected too much by all the inflation, market stability?

I'm planning on buying a character. I imagine if the plex prices rises, the character prices should rise accordingly.

Would be grateful for your thoughts


Plex. We've just come off a historical high. Assuming Eve's playerbase remains constant then demand for plex should increase slightly as current players mature and are able to reap higher incomes over time thereby affording plex. The one's who currently afford plex should continue to do so.

I look at plex like petrol. Prices fluctuate but the average price over time always increases. Petrol fuels RL economies. Plex fuels Eve. So, yeah, plex.

Don't ban me, bro!
Nova Fox
Novafox Shipyards
#20 - 2011-11-28 18:24:31 UTC
The only forseeable consumption spike of plex i see is Nex hangery bay where they sell ship paint schemes.

Dust 514's CPM 1 Iron Wolf Saber Eve mail me about Dust 514 issues.
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