August Update - Trading

 I've been ever so slightly more active this month, despite the summer slump. Having said that work has still been insane and on top of that we've welcomed a new puppy into the house, which has meant I've not really been able to have my late evening gaming in the same way. With that preamble out of the way, my current position:

And the full breakdown:

My current net worth is 1.123Tn ISK, that's an increase of 24.5Bn ISK or 742Mil ISK/day.

A good increase on last month, though still a long way short of where I'd like to be. Hoping in September most people will be back from holidays an activity will pick up, and I can get a bit more on in and continue my reforms to my setup.

In addition to my normal buying in Jita, paying someone to ship items to Rens/Hek/Amarr/Dodixie, I've also switched my null character to be a seller. Previously what I did with him was sit in Horde staging and trade PLEX. The margins were usually profitable, even if the volume was nowhere near what it was in Jita. This made steady money for not much input which I like. However the introduction of the global (should be galactic or cluster-wide really, but I digress) PLEX market killed this revenue stream dead. What I have started doing in the last week or so though is using a third party tool someone created to track items that need seeding and pick items from there to pay an alliance logistics service to import for me to null. The price of hauling is very cheap, usually coming out to about 1% of collateral, which is what I pay in high sec. I'm still building my quickbar here and only have imported about 25Bn so far, but I think this will be a good extra revenue stream for me. I also will be trading slightly different things here, more T2 modules and things like that. Though I don't think I'll be importing ships as they are simply too big to be economical to shift in that way.

I have also been slowly expanding the amount I sell in my highsec hubs. The above sheet is a snapshot when I logged in after a long weekend so I have a lot more in the wallets than usual, but I am well north of 800Bn in sell orders now, heading for my target of 1Tn in regular sells.

My "investments" continue to perform poorly, slightly dropping in value to depress my results by a few billion. Never take investment advice from me in any capacity, not that I'd be keen to give any out.

PLEX value continues to fall, with buys sitting at 5.35 million ISK at the time of writing. This justifies me selling my stockpile, and I'll buy more when I need it. I will need to buy a years worth of PLEX this month to PLEX my industry account, so expect a ~20Bn ISK hit next month.

Plans for this month are to continue with what I'm doing, keep expanding my day to day business and push for 1Tn in sells, and try and get more runs this month to get more revenue. I've been too lazy with this branch of the business for too long and it shows, time to change that!