Friday, December 28, 2007
From this section and beyond, we will focus on making quick, smart, and profitable business deals. No more do you have to do manual labor by having to run other people's Rune Essence or walk around collecting feathers! The time for business is now!
In this section, you will learn a method to turn that first 100K and quadruple it to 400K! We will use the term "K" which stands for a thousand from now on because adding those extras zeros in the back is ridiculous. If you have at least 400K already, I would recommend you go on to the next section. If not, please continue reading on how you can QUADRUPLE your Gold!
For this section only, you yourself will buy things for low and sell them for high. This is called merchanting, and will be done yourself in this section only.
There is one thing ideal to Merchant with this amount of money, because of the amount the item is sold in, and the profit (money made from buying an item low, and selling it high). That thing is Iron Ores.
Making Soft Clay
You wouldn't think something so straight-forward and simple could generate such profits, but it can! This method is called Making Soft Clay. Whatever you may call it, make no mistake that it brings in large profits! The method is ideal for the amount of money you currently have.
To start off, proceed by heading to the Grand Exchange. If you already have 100 Clay Ores, then go to the next paragraph. Trade the Exchange Clerk and offer to buy 1000 Clay for 70-90 GP Ea. You should have some money left over, if not, its okay. Now that you have spent 100K, dont be scared, because once your are done with this method, you will quadrople that first 100K!
Now bank everything in your inventory and everything you have equippred to make the rest of the process easier. Withdraw only a bucket and 27 clay to your inventory. Head east from the grand exchange desk, until there is an opening between two walls. From there take a few steps south until you see two fountains. These fountains are your key to converting those clay into soft clay, or in other words, turning your clay into fathomless fortunes!
Use the bucket on the fountain to fill your bucket with water. Now use that bucket of water on a clay in your inventory, and viola: soft clay! Turn all the clay in your inventory into soft clay. Repeat this method until you have turned all 1000 clay in your bank into soft clay.
Now guess what... You have... 180K! worth of Soft Clay! The 1000 Soft Clay you have are worth 160-180 GP Ea! That means in total, they are worth 180K! That means you almost doubled what you just had! Now go to the Grand Exchange and sell all 1000 Clay for 160-180 GP Ea. Congratulations, you just made your first almost 200K!
You're not done just yet though. Remember, we are aiming for 400k in this section. So here's the game plan. Use that 180k and reinvest it into buying 2K clay at the Grand Exchange. Once you have the clay, turn them into soft clay using the method above. BAM! 400K! It's as easy as that! You have money to proceed to the next section!
If you're concerned with the ammount of time it will take to buy buy the ores and make/sell the Bronze Bars, perish the thought. It can all be done within a few hours easily! Turning 1k clay ores into soft clay took me about 50 minutes, and doing the same for 2k clay took me less than 2 hours! We recommend that you stick to this method to get to 400K, as the profits are phenomenal.
3 Comments:
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March 1, 2008 at 10:51 PM
OMG! thanks for the method!!March 2, 2008 at 12:45 PMThis could be 1gp-400k if you just work for the cow hides instead of buying ;)March 11, 2008 at 9:11 PMo i found kinda a easyer way to use ur method..... sinces there is 28 inventory spaces in ur runescape bag. like they said buy about 1000 clay ores. and GO TO EGDEVILLAGE because the water fountain and the bank is right close to each other. and get 14 buckets and 14 clay ores. then use the well or sink thats in egdevillage. and hat'll will make it go way faster. =)
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