I'm In The Money! I'm In The Money!
I got the hint from reading Full of Pie's blog entry, which mentioned the high price of toadflax at the moment. My interest was piqued. After all, I recently had a load of toadflax seeds, which were gradually planted over a series of weeks. There's no potion that is worth making, involving toadflax, at my herblore level, so it's one of the two that I just stockpile against the future. The marrentill stockpile feeds my gilded altar, while the toadflax stockpile was looking ahead to Sara Brews. I had 651 clean toadflax herbs sitting in my bank, so you can see how Full of Pie's merchanting gossip raised my eyebrows somewhat.
Nevertheless, it still took me a day to get round to checking the GE to see if the prices were still high. Toadflax was being bought at 5k each. I blinked and experimentally checked how much that would mean for me, if I did sell. When I'd recovered somewhat from the shock, enough to actually type, I asked those in Canting what they would do. After all, it was 4am for me and I'm not brilliant at maths or merchanting at the best of times. I spelt it out. If I sold, I'd have just over 3m gp. If I kept it, I'd have 651 towards eventual Sara Brews, in a dim, distant future. The response was unanimous. Dr Leviathan, Wolfhe, Mister Tiz, Timothy Gold and AquarianPixi all immediately said, 'Sell the toadflax, Merch.' I put it in at max price and it sold instantly for 5008 gp each. I put a cool 3,260,208 into my bank. This morning, I've done a farming run and wandered into the GE with another 23 toadflax. Again they sold instantly at max price. Only today, they're worth 5,294 gp each.
So what does this mean? It means that I've got more money in my bank than at any time ever in my entire Runescape life. I have 5.2m in there. I know that at my combat level (114), people generally have enough for several Godswords and a Bandos placeholder, but I train Construction. The most that I've ever had in there was 3m and that was when I was saving up for, then buying my marble portal holders. Generally, I keep 1m as my savings. This covers me against a new quest coming out with a sudden large outlay of money. It also covers me if someone is selling a big bargain in the GE. It's emergency money. The second I go over 1m in the bank, then it's spending money. 80% of the time, that's spending money on Construction. By Construction, I also include the contents of the costume room, hence a large amount of money went on treasure trail items that can be stored in there. Kayla and Josh were looking at that recently and informing me that I'm sitting on a goldmine. Those are my investment savings. The price of treasure trail items have been slowly creeping up since last June.
In short, I'm used to having 1m fallback money, which I'm loathe to touch. In real terms, I'm used to having a couple of 100k, which gets thrown onto shards or planks. I'm more used to selling random things, like harvested crops, than actually buying things. Then suddenly I have 5.2m (call it 4.2m, if I retain my 1m savings) to play with. Dr Leviathan cracked me up, when he drily commented, 'So that's 5m gp worth of planks then.' I giggled and said, 'Probably'. But I was already drifting over to the combat dude in the GE and eyeing up his Barrows armour. I could afford Ahrims. With a little more saving and the willingness to clean myself out, I could have Guthans. I've wanted Guthans since I was a tiny noob, walking to work from Lumbridge, in the snow, uphill both ways. Sabo Wolf informed me that Ahrims armour is the best mage armour in the game. Mister Tiz counselled not buying anything just now (it was 4am and I was half dead). I didn't. I went to bed.
This morning, that 5.2m is looking at me. I'm almost scared of it! I know that wealth is relative. There will be those reading this blog who can only dream of 1m in their back. There will be those who would consider themselves extremely poor with only 20m in there. 5m, to me, feels like a lot of money. Moreover, it has a lot of decisions attached to it.
* 5m gp = 7440 oak planks. That equates 744 oak dungeon doors. Using morphic hammers, that's just 100 doors shy of level 87 Construction.
* 5m gp = just a couple of 100k short of a full Guthans. I could make 200k easily. A farming run can bring in 200k (especially if I've planted toadflax!)
* 5m gp = more treasure trail items. I've nearly filled the chest. I'm missing ranger boots (11.9m), wolf mask (2.1m), Robin Hood hat (3.3m), gilded armour set (sk) (3.5m), Saradomin armour set (sk) (4.7m) and the remaining pieces of my Zammy armour set: full helm (798k), platebody (1.5m) and kiteshield (852k). These might look like 'wtf?' items, but they have all been rising steadily for months. They complete my house, which makes me happy, or they are long-term investment buys. Put it this way, the first time I looked at ranger boots, they were 5m. They're now 11.9m. The Zammy armour set is an attractive one, simply because I've had the plateskirt in my bank for months, taking up space!
Big, big decisions!
On a related note, I was in conversation with Joshua Mack about 3 weeks ago. (I'm so fast....) We discussed the fact that I never know the use for the armour and weapons in my bank. I tend to default to the same old things and he's never quite sure what to advise me to wear, as he has no idea what I have to choose from. I find myself erring towards range these days, as much as possible, because I'm scared of dying in my torso. Apparently it's not kept and it's not under your gravestone. Doing loads more Barbarian Assault for another one is certainly not a problem, but the fact that I own two torsos is. Jagex nerfed the coding to stop you owning two, if you didn't already. In short, if I die, I will never have a torso bankholder again.
The below picture then is the sum of my armoury. It's mainly for Josh's viewing, but please don't let that stop anyone putting their 2gp's worth of advice into the mix. All insight is gratefully received! I've also included the contents of my Summoning tab, as that might have a bearing on things. Basically I'd love to know these things:
* Is there anything there not worth the bankspace? I'm looking pointedly at the Fighting Boots, that I earned as a little noob and I'm worried that I'll one day need.
* Is there anything there making you wonder why I never use it, when it's the most pwnage weapon known to humanity and would have Jad quaking in his boots to see me approaching with it?
* Is there anything there that you think I really should be selling and upgrading? (The Fremmy hat is sacrosanct, as Whiskas and I fought too hard to gain that for me to give it up; the whip was a gift, so that's equally precious. One of the dragon shields belongs to Lilshu.)
Thanks in advance!
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