Wednesday, 1 January 2025

End of Year 2024 - Industry

 First end of year here! It's only been going a few months, and December has been challenging as I'll go into before. I also have had quite a period of barely playing, which my jEveAssets graph shows. My current position:


And here is my jEveAssets graph:


I currently have 3.78Bn ISK. An increase on last month of 741Mil or 23.9mil ISK/day.

That's very disappointing. I have spent 200mil on a EVEGuru subscription, so I've made operating profits of 941mil but that is still heavily down on last month. I seem to have struggled a lot for throughput this month, especially on the selling front. I think I need to really strongly focus on making sure my items sell so I have more money each day in order to keep my slots busy. I have a lot of slots empty at any given time which is a killer in industry.

So a bit of a bumpy start to my Industry challenge in 2024, but I'm really enjoying it and learning a lot about a game I've been playing on and off since 2009!

My main target for 2025 on top of my overall goals for this challenge is to hit 100Bn by this time next year. Seems a stretch but I think I should be able to do it. Got to have goals to push myself! 

Onwards to a near year, let's hope it's a good one!

End of Year 2024 - Trading

 This year has been eventful from a trading point of view. Most notably I came back to the game in a big way. Starting out with 778Bn ISK and 4 accounts, PLEXing for a year and completing my challenge to becoming a Trillionaire, then engaging in another challenge immediately after. And I talked about wanting to avoid burnout this time!

One other thing I have done is to cut down on the amount of traders I update. I basically only update sells in the big 4 (Amarr, Rens, Dodixie, Hek), my investments in Jita and my "station trader" (mostly trades in PLEX tbh) in null. The other characters have essentially been mothballed, and in January I intend to properly mothball them and transfer all assets to another trader to be sold so I can put more money into my main operations.

Here is my current net worth:


And broken down further:


My current net worth is 1.043Tn ISK.

That means month on month I've made -16Bn ISK, or -0.51Bn ISK/day. As always, I have mitigating factors here. I've not traded since the 20th, and only logged in to make this update tonight really. A good christmas break will do me good personally, professionally and in game I think. I've been spending a lot of time with family and friends which has been great, though not great for my ISK balance! I've also spent 19.2Bn ISK starting up another industry account, and Hypercores are down 24,800ISK month on month, which as cost me another 19.1Bn ISK. Taking those into account my "BAU" trading made me 22.3Bn profit, which is far from great but considering the time I put into it I'm not too upset. Hypercores have honestly not been a great investment for me.

Overall this year (well since I came back this april) I've made 265Bn ISK. Which averages out at 29.4Bn ISK/month. Not bad but I'd like it to be at least 50Bn ISK/month. I've spent 123.5Bn ISK PLEXing 7 accounts for a year, which is the first time I've done that at this scale. If I'd used real money to fund my accounts like I used to my yearly profits would be 388.5Bn or 43.1Bn/month. That is a lot more respectable and shows that my underlying strategy is solid, even though I have been very inconsistent in applying it.

Main target next year is to earn 500Bn ISK. I want to do this without expanding my time played much, so basically throwing more money at the same characters and hoping I can scale my profits. I might have to be smarter with my investments too but I want to throw more at regional trading before I expand my investments further as they haven't worked out how I'd like so far.