And mysteryman I prefer being an active trader I have made a ton of gold and have outpaced people holding fashion and other items as long term investments. Yes their great to hold as they grow on their own but I prefer an active approach
i am active, but hold onto items that i deem will increase in value indefinitely. It's important like you say to keep buying and selling and not just sitting. good point!
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+1 to this I still have thirty thousand ancient idols. I'll probably sell when the value hits 30m. I bought em for 50-100g each and if they don't go past 500g ea (about where it is now) ill just use em for tanking.
If you only have items for long term growth you don't have a balanced portfolio. A good merchant has a mix of both day trading items, medium and long term ones.
I seldom have huge amounts of gold but if you counted up everything i own (doubly so sigils) it's in the 100s of millions.