Your Questions About Fast Money Making Stocks

Joseph asks…

How should i make more money in neopets? 11 mill in bank?

I’ve got 11 mil np in my bank, and my folio is worth 5 mil. At the moment my sell point is 60 and im wondering how to make more money and faster. Is there a better way i can invest it?

Should i raise my sell point higher then 60? is it worth it?
Would anyone recommended any shops to restock?
Thanks!

Nagesh answers:

Hmmm… High priced restock shops are (the ones where you can get the most unbuyables for dirt cheap) :
*weopons
*furniture
*petpet
*magic

You could reset your sell point, though that would be a gigantic risk as well could take a very long time for the stocks to reach the level you’d like it to. I tend to keep mine around 45 unless I know it’s a good stock. I assume you already know about neodaq and all that.

Another decent way to make NP is by purchasing items at a “resellers price” from the chat boards and the reselling at the trading post or auction for an inflated price. This may take some time to find a buyer for the item though it often ends up worth it.

Good luck!

Michael asks…

Whats the quickest way to make money on runescape?

I’m trying to get a zamorak plate body and its 1.2mil i have 67 woodcutting 58 fishing 38 smithing 46 mining. Whats the best way for me to make money?

Nagesh answers:

The THREE MOST easiest and fastest ways to make money in the Massive online Role-playing Game called Runescape is:

1.Mining For Money
One way to make a lot really fast is to to get high enough and mine a lot of coal. This works really fast if you sell each for 250-400gp at max. This is how I got rich in the game pluss i normally save a few for myself. (instead of mining in the dwarven mines, I mined in Al Karid because there are less people there plus there isn’t a stupid scorpion king that messes around with your mining)

2.Big Bones Big Cash
A second way to make cash fast (even if you are not a member) is to get high enough so you can kill hill giants in varock because they sometimes give you about 50gp but they always give you a big bone witch sell for a lot to people that want to get up their prayer. You should sell them for about 200-300gp max.

3.Fishing for treasure:
Last that takes a high skill is fishing for lobsters and when high enough you can harpoon for spear. You should fish on that one island where there are bananas(Karmaja). My sugestion is actually selling the fish there on the island so you are not wasting 30gp each time that you transport between the port and the island.(sell them at the general store there.
This one requires fufilling a quest:
Magic stone selling

You have to finish the Rune Mysteries quest which alows you to mine for rune essance. In varock there is a magic shop south of the east bank. There you talk to the person and he will teleport you to the rune essance. (rune ess takes almost no time at all to collect, so this is a good way to make money) After collecting a lot of rune ess(as people like to call it for short) you can sell it to mages in the bank for 100-250gp max.
Other:

There are many other ways for making money. Like comparing prices in stores like for a sword that is in a general store that costs lets say 50 to buy. Well if you went and checked the price to sell to the sword store nearby is 100 because there are none in stock. So make sure that you check your prices wisely.

I hope this works.
Have fun playing runescape!!!

Paul asks…

Whats the quickest way to make money on runescape?

I’m trying to get a zamorak plate body and its 1.2mil i have 67 woodcutting 58 fishing 38 smithing 46 mining. Whats the best way for me to make money?

Nagesh answers:

The THREE MOST easiest and fastest ways to make money in the Massive online Role-playing Game called Runescape is:

1.Mining For Money
One way to make a lot really fast is to to get high enough and mine a lot of coal. This works really fast if you sell each for 250-400gp at max. This is how I got rich in the game pluss i normally save a few for myself. (instead of mining in the dwarven mines, I mined in Al Karid because there are less people there plus there isn’t a stupid scorpion king that messes around with your mining)

2.Big Bones Big Cash
A second way to make cash fast (even if you are not a member) is to get high enough so you can kill hill giants in varock because they sometimes give you about 50gp but they always give you a big bone witch sell for a lot to people that want to get up their prayer. You should sell them for about 200-300gp max.
Http://www.igegolds.com/runescape-p-1915.html
3.Fishing for treasure:
Last that takes a high skill is fishing for lobsters and when high enough you can harpoon for spear. You should fish on that one island where there are bananas(Karmaja). My sugestion is actually selling the fish there on the island so you are not wasting 30gp each time that you transport between the port and the island.(sell them at the general store there.
This one requires fufilling a quest:Magic stone selling

You have to finish the Rune Mysteries quest which alows you to mine for rune essance. In varock there is a magic shop south of the east bank. There you talk to the person and he will teleport you to the rune essance. (rune ess takes almost no time at all to collect, so this is a good way to make money) After collecting a lot of rune ess(as people like to call it for short) you can sell it to mages in the bank for 100-250gp max.

Other:
There are many other ways for making money. Like comparing prices in stores like for a sword that is in a general store that costs lets say 50 to buy. Well if you went and checked the price to sell to the sword store nearby is 100 because there are none in stock. So make sure that you check your prices wisely.

I hope this works.Have fun playing runescape!!!

Thomas asks…

Should i invest into 401k in hopes to get a fast return OR invest so that i get a good chunk for retirement?

I’m planning on only staying with my company for 4-5 years – should i still invest high risk and hope for long term rewards OR minimal risk for faster returns and make money right away (don’t i have to pull out my 401k if i quit my job?) ???

Nagesh answers:

How you invest in a 401(k) has ZERO to do with “how long you plan to be there” and EVERYTHING to do with your age/how many years it is until you retire; the essence of a 401(k) is that you are investing (tax-deferred) equal dollar amounts regardless of market conditions…..THEREFORE…..the longer it is till you plan to retire, the more volatile your investment choice should be (so long as its long-term trend is up)…

Why?

Imagine you are buying cans of tuna fish and saving them up to eat after you retire….if they go “on sale”, you’d want to buy extra…if the price spikes, you’ll want to buy fewer that week….that way you’ll get the most “bang for your buck” overall…

You DON’T have to pull out your 401(k) balance when you leave a job, but it’s often a good idea to “Roll it over” into an IRA account that gives you all the same tax benefits (except the “match”) and thus avoids taxes eating all the gains you may have made…

If you are under 30 (and I have five bucks says you are!), put 100% of your regular contributions into whatever “Growth stock” option your account offers, and DON’T LOOK for 4-5 years, until you leave…

Best wishes!

Mark asks…

Give up everything and learn how to play the the stock market?

This is an idea I have that I think will draw great reward if I do the homework, and make smart decisions. I have around 10 grand, and thats what I will be starting with. College is too hard for me, so I need to think of something, and this sounds legit. What do you think?

Nagesh answers:

Some of the smartest people in the world can’t beat the market, even those trained in the field. First you don’t really “play” the market, unless you want to for fun. You’ll have to have a job of some type that covers your bills if you want to put the $10,000 to work. Right now is a tricky time to start investing. Some of the smartest investors our there are diametricly opposed to what’s next for the stock market. Some say we continue on upward from here as the recession is “officially” over. Some are calling for a double dip, where 2008 and into early 2009 were just a prelude of the carnage to come. Still others say we will be about flat for another decade like Japan – 2 “lost decades” So, get that job first, so you live while you figure out what to do with the money. Keep it safe until you learn more by reading and talking to others who invest. I’d put my $10000 in short to medium term U.S. Treasuries. You can easily do so through a low cost mutual fund like Vanguard. But if you want to wing it, and gamble you could try some of the new ETF’s (exchange traded funds) that trade based on the VIX, a measure of volatility. So whether prices are going up or down as long as they’re moving fast you make money. This happens in panics on days when the dow loses 500 points and on euphoric days when some piece of news convinces everyone they just have to have a piece of that market right now! So, a wild, choppy, ride – you make money; stocks float around a narrow range you lose money. It’s more complicated, but thats a basic pictures of what happens. Good Luck.

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Wednesday, October 29th, 2014 Money Making Schemes

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