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I completely agree bevboy!
I have 24 zodiacals avg profit is about 20k each...
5 Radiant Galaxy: Kepler-22b avg profit 800k each
25 Super Prize 2011 Bundles avg profit 370k-400k each
21 Radiant Galaxy Bundles avg profit 80k each
13 Club Limbo Bundles avg profit 125k each.
15 Underland Bundle avg profit 160k each.

I also hoard mc letters, profit is about 75k each once they open.
I also hoard Birthstone Anklets avg profit is about 15k each once they leave the cash shop.
I hoard Owlpocalypse, I recently sold 21 of em' when they evolved and profited about 18-20k each on them.
I would have also hoarded this months REI (S-Pop Club) but i want all my funds to go to Aprils Advance Chance Bundles which i also hoard and normally profit around 170k per bundle. (This month it may be a differnt and only around 100k each)

You should join the hoarding guild! B/c obviously hoarding is not a bad way to make gold...infact I think its the best way.

Using a blanket explanation like "the theory says it works" doesn't mean it's true 100% of the time.

You don't invest in shares right before a stock market crash. You don't invest in property during a recession. You don't hoard items which you know are going to drop in value. And old MCs are dropping in value over the long term. Should we still tell everyone that hoarding MCs for the long term is a good idea because "hoarding is a part of investing and a form of saving"?

CIs, EIs and MCs are still great short term investments. CIs work as a short-term hoard primarily because there's a constantly decreasing supply. EIs work as a short-term hoard because there's a massive increase in demand on an evo day, and anything that leaves the Cash Shop works as a short-term hoard for the exact same reason. Everyone who can afford to invest in these items (both with their gold AND their time) should definitely be doing it.

But that's short-term hoarding. Long-term hoards are different: they rise primarily because of inflation. Over time, people will obviously earn more gold. If everyone has more gold than they did a year ago then the amount of gold they're willing to spend on everything rises—including your long term hoards. That's the reason MCs are great to hold onto for years and years: as long as people are creating gold and still want to spend gold on older MCs, the price of those older MCs will consistently rise over time. The thing is, this isn't happening right now. Why? Who knows. But if there's no inflation, there's no point in long-term hoarding.

Unfortunately, not everyone can be a genius like you. emotion_8c A lot of people don't have the time nor the market savvy to be investing in something that requires them to watch the market like a hyperactive hawk on steroids. And that's why long-term investments are (or were) good for the average Gaian: because they're safe and low maintenance.

Yeah, that's what we're trying to say. In fact, from what I'm seeing in the market, there's actually been a negative return on investment for the past year+.

When did I ever say you shouldn't? confused Short-term investing is great and if you have the kind of dedication it requires, it's almost always gonna be a much faster way to earn gold. But like I said above, not everyone has that kind of time or market savvy; some people don't know how to tell when an item is at its lowest price, or when a sharp price drop is going to happen. Some people just can't be on Gaia every day of the week to make the most of demand spikes. And those people are better off with investments that are much lower maintenance.

Also, just a heads up: no-one (myself included) likes being falsely accused of stupidity. So try not to do it in the future.

Novii Chan, when you hoard the bundles, do you open them before selling or simply sell them? when do you usually sell the bundles? thanks for the advice. biggrin

•Also saying "Due to certain economic anomalies in the market the concept of hoarding--generally recognized to be a solid investment--is no longer a preferred means of making gold". Doesn’t mean this is true! A theory is based off many observations that support a hypothesis. I have no reason to believe the "theory" is not true b/c it has worked for me 100% of the time. It may be different for others but I'm here to help and explain how to make this kind of investment become a preferred means of gold making if they are interested. There is obviously steps that needs to be taken to be successful.
• I never said hoarding MCs for the long term is a good idea because "hoarding is a part of investing and a form of saving".
That’s a stupid idea if you can’t notice trends.
I see MC letters as a good form of short term hoarding/investing ...like is said I profit each when they open (meaning the 15th of each month)
Anyone who hoards at random with the idea that hoarding anything and everything will bring profit is dumb in my opinion.

"CIs, EIs and MCs are still great short term investments. CIs work as a short-term hoard primarily because there's a constantly decreasing supply. EIs work as a short-term hoard because there's a massive increase in demand on an evo day, and anything that leaves the Cash Shop works as a short-term hoard for the exact same reason. Everyone who can afford to invest in these items (both with their gold AND their time) should definitely be doing it."
•Agreed, well put and no arguing with that.
•Lastly I never made a point to long term hoarding... so no comment?

I don't know about hoarding.

The market has been spiraling out of control lately.

gonk

It helps that this is one of the times of year when the market cycles upwards. If you look at older threads about "summer deflation", you can get an idea of what happens next.