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Thursday, 7 February 2013

20 Days of Gold Making: Day 16

Flipping! Do you flip stuff regularly or sometimes? Big ticket items or smaller high volume stuff?

Until yesterday I had never heard of flipping (in this context) and had no idea what it meant. So I decided to leave answering this question until someone else had! Luckily for me Kaitz posted her answer to the question and helped me out - although she's not 100% on flipping either. But I'm going to go along with her definition anyway:
"Flipping is a very very new term to me, by what I understand, its buying up cheap items that are already on the auction and selling for a few gold/silver higher and you have successfully 'flipped' an item? Hope someone can clear that up for me."                 Kaitz
I have never flipped. I have bought items that I think are bargains/selling cheap to keep/use them but I don't think I've ever re-sold them. And if I have re-sold them it's been because I've built up a surplus of the item and am having a clear out / AH-binge. So I wouldn't really count that as flipping.

I think that it sounds like an interesting topic and potentially a good way of making gold. However, I don't think I follow the AH, what's selling, what's not etc well enough to be able to safely do this! It's like investment - I don't have the knowledge to do it without risking everything. Plus, talking big items - I'm not sure if I have a big enough stash of gold to buy a bargain that may not sell for 6 months essentially tieing up all of my gold. Maybe one day...


  1. If you've started using TSM, you can start using the dealfinding search option. You can import shopping lists that others have already created. There are 81-85 blue quality items with an ilvl of 416-450 if I remember correctly. They are all MoP rare world drops and sometimes you can find them up for just a few hundred gold, on most servers they sell for over one thousand gold! Jim did a post on how to set up this dealfinding list and makes it pretty simple. Check out the post over at www.powerwordgold.net ! I think it was a January post from this year if I'm not mistaken.

    1. Yeah I have started TSM, still getting used to it and trying things out. Thanks for the link, I'll check it out :)

    2. You're welcome, I hope it proves to be a useful tool for you :)