newb cheater
2014-03-12 12:22:34
Hi, was having some spare cash after bxp, and was wondering if rares are a good investment? Don't have enough to go for phats, but only around h'ween mask and red santa. What do you guys think? Is it better to keep liquid cash or invest in a rare?
YoHoJo
2014-03-13 05:49:00
I haven't been keeping up with the RS economy at all recently, but speaking purely in economic terms yes.
Limited and diminishing supply, there's always a demand for them, so the price will ever only rise.
There are cycles throughout the year on all rares, low points, high points, waves, which often relate to the holiday in which they came out, school breaks (summer) etc, but overall the trend has slowly and surely been UP!
If you are just buying it to look cool, and want to sell and not lose any $, then go for it.
If you want to buy it to invest in, ONLY do so if you are ready (and have enough GP left afterwords) to hold onto it fora LONG time, the prices rises SLOWLY but surely.
You might be better off just using your GP to do other things which require an investment(skills. etc), but make more money faster than a rare item.
The Killer
2014-03-13 08:44:42
You're better off investing in other items. They move around in prices more and will actually make money (instead of a few mil after several months).
Look at what powerbot are doing, has a script got really high ban rates all of a sudden? invest in items it produces as their supply is going to dry up.
A prime example is Air orbs, look at how much the price of them moved around because of powerbot.
newb cheater
2014-03-13 10:30:12
Thanks for the feedback. Yeah, I suppose it is a case of active v passive trading. Don't really have time to go scrutinizing the economy or powerbot. But yeah, that is good advice Killer.
I may probably look into rares as what Yohojo said, it will go up over time provided I dont sell during downswings, and I can afford to hold long term as I dont really do much which requires GP. So anyone else got other point of views?
Thanatos
2014-03-13 10:42:15
If I remember correctly, rares tend to drop over the spring/summer and go up during the fall/winter. You may want someone to check into that since I don't know whether I am right or not, it just something I vaguely remember hearing when I was buying rares which I haven't done in quite some time.
Maybe a partyhat or cracker for your money to keep it's value? Most definitely.
A partyhat or cracker for investment to profit? High risk, but not really worth it for short term investments. Partyhats and crackers will always keep their value though
IMO the lower level rares aren't really that great, but if you want your money to keep it's value it's better to just buy them the anything else.. though they fluctuate a lot. I bought a easter egg in like August for 83M and now it's worth 69M.. so yea.
Hazzah
2014-03-13 20:01:38
Do not invest in (lower)rares at all, and only invest in partyhats when you can afford to just hold them for a while.
My suggestions, buy good gear (torva, drygores) and just do QBD and bosses in order to make more money. I made the mistake of buying one of the higher tier partyhats before I had good gear and now I regret it, I could have made so much more if I had bought good gear first and then gone for rares.