Get RICH
with Neopoints (NP)
It may seem impossible, but there are quite a few Neopian Millionaires out there—MULTI-MILLIONAIRS! I was a halfway to being a neo-millionaire my first month … neo-millionaire before my second month was complete … and a neo-multi-millionaire before my third month. You can be one too if you really want to! I have put together this guide as a Three Phased chronological guide to becoming a neo-multi-milionaire to help you on your way.
PHASE I (beginner): As a beginner, you will start by collecting Neopoints (NP) by playing games -- play plenty of games! Games will reward your performance with NP and some give prizes. There are other ways of making NP but as a rule, you have to have NP to make NP so games is the place to start.
· Some recommended games to get NP are: Cheat, Peanut push, Code Breakers (there is a 500 NP limit so only play 12 rounds), Cellblock, Hearder … you are sure to find a game you like and make NP at!
· You can get Trophies for high scores (hard earned trophies), but also some give trophies for obtaining a certain levels in Cheat, Cellblock, Snow Wars, and Pyrmids (easier earned trophies). Trophies can add some NP as a high score receive bonus NP, however trophies are showey to have in your profile! If you want to try for a high score trophy, the best time is near the beginning of the month because they reset the high scores. Trophies are awarded after the day is done!
· The game of the day usually pays double NP so that is always a good one to play.
· Some games you can win items at. Dice-a-Roo will give you food items worth 100-400 and lotto tickets if you play long enough and you can win faeries and maps with Scorchie Slots
So now that you have played a few
games, it time to put your NP to work:
· Open a Bank account. You get 50 NP just for starting one and will earn a few NP as daily interest! You can get a higher interest rate if you have the required NP in the bank account. You don’t have to keep this amount in the bank though, just need this amount to establish the interest rate! Whenever you get enough in the bank to upgrade, upgrade! Interest is collectable after 1200AM Neopian time (3AM eastern time). While you can deposit money at 11:59 and collect your interest at 12:01, the little interest is hardly worth it. What is nice though, is the bank is a safe repository for your excess cash/savings while paying you a small amount as interest -- it keeps the bug brothers from steeling your NP when you are not around.. Interest isn’t much, but something is better than nothing or getting some of your hard earned NP stolen by the bug brothers! The main reason for the Bank Account is as the place to build your NP!
· Create A Shop -- this is necessary! First, they only cost 150np to start (everyone has that when they join) and you'll easily get an instant return on your investment! First, you can sell your unwanted items to get NP -- you will be surprised that even your rather worthless item has a value to someone! Second, Devils will steal or turn to sledge items left in Your Items -- put them in your store for sale or foor display (items can't be sold for over 100,000 so put a price of 250,000 on the item for safe keeping and display in your store). Finally, you can really put the store to work for you, but this is really the key to phase two (restocking). Basically restocking is buying items from Auctions, trades, and other stores at bargain prices and place them in your store to make 10 to 1000 percent profit. Even though Restocking is for the intermediate player, as a beginner you can buy Scratch cards for 600NP and sell fast at 900NP. Putting the store to work for you is the emphasis of phase two so be sure to study that section. It is key to becoming a multi-neo-millionaire NOTE: you may want to keep one cheap item in your inventory until the Pant Devil steals it because the Pant Devil is the first challenger in Defender of Nepolia and to get him in battle he must steal a item from you while exploring (i,.e., the wheel doesn’t count)!
· Invest in the Stock Market, but before you do, understand the name of the game is to buy low, wait, and sell high. For most, it is the wait that deters them because it ties up your NP for an extended period of time. So, before you put money in the Stock market, make sure it is spare NP and that you can afford to wait to see the return on you money. Other then that, playing the market is simple: only buy stock that is 15-16 (i.e., buy low), buy 1000 shares (the daily maximum) every day, and only sell in the green (sell high)! That is it! With one exception (bankrupt = 0 stock), all stock will go green if you buy in the 15 range AND wait. That means never never never sell red! You do need to decide on your sell range. At first, I was happy to buy at 15 and have my sell range 19-20 for 4000- 5000NP profit. Every few days I could sell and that helped build my NP. I recommend this strategy for beginners; however, after you have plenty on NP, you will not want to sell in 19-20 range … more like 30 and above! This is because you can only buy 1000 a day and you want to maximize total returns on that 1000 shares. So if I buy 1000 at 15 every day and sell only at 20, on average my return will be 5,000 NP a day … but if I wait till it hits 50 (and I do mean wait) this will average 35,000 NP a day. The down side of a higher sell range is a longer wait (6 months or more) for the stock to be in this range while it may have hit 20 for or five times or more during this same period. And in waiting for the stock to hit 50, you’ll end up with millions of NP tied up in stocks – that is a good thing but only if you have the million to spare (and you will in time!). Diversity is important, but if you buy in the 15 range you’ll build diversity naturally – I used diversity to pick between sever buyabl;e stocks, that is I buywhat I have least of. Once word of advice, don’t listen to stock predictions -- no body can predict what stock will go boom or bust as it is random. And never never never chase a stock up—if you didn’t buy in the 15 range the first time just wait and you’ll get another chance (no stock stays king of the hill!).
· Be a savvy trader! Items over 100,000NP can't be sold in your store, but items up to 600,000 NP can be traded. Be advised there are quit a few trading scams out there so go with your instinct and trust no one! Items over 600,000NP in trades are usually part of a swindle--be leary, be very Leary. If any trade requires your trust or something unusual, a Con is probably involved!
Other NEOPET tips that will help you
get Rocking NP Rich!
OK, we told you there are Cons out there, now I'll say there are also thieves, hackers, price switcher, SOBs, and the like out there too. They can be very tricky! They can be very convincing! I was taken by a Neopet page that said there was a problem with the Neopet logon server and that I needed to log on again. I entered the username and password as requested and that act emailed my username and password to the hacker which in turn cost me all my NP and valuable items. Fortunately, they didn’t steal my account (by changing my login and email) AND they left my fortune in stocks alone! If they would have taken my stocks too, I would have gave up and quit Neopets altogether! That is not the worst of it, I later found out you just have to be redirected to a login page or another site to get hacked! That is because after you login, Neopets creates a cookie on your computer that says who you are and that you are logged in. Neopets uses this cookie to verify you are loged in as you visit other pages. What the hackers do is send you to a remote site (geocities.com for example) and snatch you Neopet cookie (since they wrote the web page). Once snatched, since you were are logged on at the time, they use the your cookie to fool Neopets they are you and proced to steal your account – I was hacked by this method as well. Neopets thankfully added a higher security to prevent this, but you must select HIGH (password protected) one time at the neopet login page. Once you do this you are protected as long as your password is protected. Therefore, TIP #1 is protect the wealth you have by protecting your log-on and remember to change it often (especially if you suspect something)! Be sure when you log on to Neopets that you set your password protection to HIGH!. If not selected to HIGH, you will get hacked—that is a guarantee! .
Make it a habit to visit the free places: Tombola Machine, Coltzan's Shrine, Fruit Machine, Giant Omelette, Giant Jelly, and Fruit Machine (all only once a day)! The Healing springs is free and you can visit it every half hour. The Snowagger is free (sort of) and sleeping 7-8, 2-3, and 10-11 Neopian time – go while he is sleeping to try to steel his items. You can get good stuff like doubloons, codestones, fairies etc. from these free places that you can sell in your store for NP. I would also add Turtle races (bet only on 5th) as it seems to pay well. I believe any time restried events/game probably pays more then it costs. Sell any item you get because you need the NP now an you can always buy it later if you really need it. It only takes a second to visit these places if you add them to your favorites and although they may not give you something good every time, they do sometimes and most important, they are free (can’t get something for nothing everywhere)!
It is also a good idea to visit the "once every XX hour places" like the Wheel of Excitement (every 2 hours), Healing springs (every 30 min), Wheel of Mediocrity (every 2 hours), Kiosk (every 6 hours), and Buried Treasure (every 3 hours). With the exception of healing springs, these do cost but the average of rewards outweigh that cost. Perhaps that is why they have time limits??? You can sell cheep scratch cards in your store for 900 for an easy 50% profit (or more) and the more expensive scratch cards can fetch as much as 99,999 NP in your store! Yea, I already mentioned scratch cards once but it is worth mentioning again!
You can always go to the Money Tree but ONLY go when starting out. Most of the items are inexpensive although a good one flies by once in awhile – but you’ll find that even if you just have modest NP, it is not really be worth the effort. There is also no guarantee you will get something and your time may be better spent elsewhere. There are certain time when they have specials at the money tree, but I haven’t found the times convenient for me. Also, rumor is you are penalize you for getting an item … and likewise rewarded with good fortune by donating … but I can’t verify this, but I do seem to get more faerie quest and random events when I donate!
Complete quests for the Faeries, but only random event quests. If you complete a quest, Faries will reward your pet somehow. While the Earth Faerie's asks for magical items and only rewards one pet with a full bellym, rumor is that if you refuse one of these random quest, you may not get another for some time. Beware that the quests that you sign up for as they can cost an arm and a leg and you get little in return. Jhudora's quests just may be worth it, but not for a Newbie as she rewards you with VERY rare magical artifacts, but you will have to spend over a million in order to get them! Further, if at any point you fail to make a quest you fall back to level 1 quest! For other quests, if the item cost too much, you can let the time run out on the quest – this is a good method for kitchen quests.
Tell your friends about Neopets and get them to sign
up, using the referral program!
You can get huge rewards including NP, Paint Brushes, Codestones, NeoCoins and
more! Put a neopet signup banner on
your internet home page and if someone clicks and signs up, you get rewards!
Have a go at the "Basic Jobs" at the Faerie Employment Agency. All they require is for you to get them a certain item or play a game and get a certain score, in a given time. A job card is fantastic if you can get one, but it is not required for basic jobs. You can get great rewards, from 100np to 10,000np! but sadly, jobs are not always available (you may have to wait),
Instead of buying food to feed your pet with, get
free food at the Giant Omelet and Jelly
World (http://www.neopets.com/jelly/) or go to the healing
springs a lot as the fairies will often feed them.
Search for bargains in the Market Place, Stores, Trading Post and Auction and sell them for more!! Buy low, sell high --you can make a hefty profit! Some items in the Magic Shop cost 400np but sell for 3,000+ NP. That's an 850 percent profit! Visit the Garage Sale Igloo on Terror Mountain! The Chia's there often sell items for very reasonable prices--recommend buying faeries, food, and furniture from there. Just be careful as some items are way over-priced. These require that you practice them and be quick , but once you can recognize profitable items, you’ll find them a moneymaker – but if you don’t know you’ll probably lose NP.
Trade at the Trading Post. It is easy ways of trading something you don’t want and or was hard to sell in your store, for something you want! Your trash is someone else's treasure! People tend to give you less at the trading post (everyone is looking for a bargain) but I have on occasion received more then market price. The glory of trades is don’t have to accept a trade you don’t like it – in your stores and auction items you have no such choice.
Buy Scratchcards from the Kiosk. They only cost 600np for a randomly picked card. You might strike it lucky and pick out a rare one worth around 100K! Nevertheless, if you get a common Scratchard, you can still sell it for a 50% profit or, what the heck, take a chance at thousands of NP and scratch it. I sell more scratch cards then I scratch, but I once scratch a trio and two were 10,000NP winners! Yea, it is OK to just have a little fun too. And yea, this is the third time I’m mentioned them – are you getting the point yet?
If you are willing to spend the time and effort with an extra pet, Create A Pet because then you get 50np! There is a down side to this as you will not get more quests or level ups so the ones you get are spread among your pets (i.e., they ‘ll progress slower!)
Check out all the Cool Offers. For each site you sign up with you can get 250nps to 3,000np and other benefits!
If you wander around Neopets, you might suddenly have a Random Event. You might find a Bag Of Neopoints On The Floor or some valuable item like Codestones! There are rumors of people receiving over 1,000,000NP but 1000NP seems the official line – still, nice things can happen with random events (and sometimes not so nice).
If you have not already claimed your Newbie pack then put all your items in your safety deposit box and you can get a free Newbie pack (only once) that includes a few food items, a toy, and a book.
Enter Neopet
Competitions (ones by the real Neopets Team) and you can win heaps
of NP and other prizes! Mystery Pic, Caption Contest and other contests like
that are fun and keep you thinking!
The NeoLottery may be your ticket to being a neo-millionaire. It has a 100%+ payout … everyone throws their money in a bucket and the lucky winners share the bucket plus a little extra. If there is just one winner then the winnings is likely a million+ but if many winners and it might only be 20,000 of less. I don’t think much of this as it is a gamble; however, I can see how one win can put you months ahead.
Poogle Racing and Turtle
racing is fun to watch and you can place a bet of your choice! Be
sure to give your bet a little food treat, it really DOES help them run
faster!! :)
Now that I have told you all this, put it into a daily routine. I start by hitting the bank and collection interest (I do this first because I lost it to often by taking money out first) and I take out my playing money. I then check my items and stock/store any I have (so they don’t get taken), I then spin the wheel, got to healing springs, free jelly, free omelet, tombola, fruit machine, coltzan shrine, kiosk, treasure, stocks (buy and sell), the lab, and then back to my items to stock what I have. I have all these places as favorites and in the order I go so it only take 5 minutes. After this I usually find it convenient to restock.
Lastly, Join a GREAT Guild with GREAT Benefits. Everyone in the guild is usually helpful and wants to help you to succeed! However, if you feel a particular Guild is not for you, by all means, find one that is. Frankly, you are in the guild I’m in, you are already in the best Guild!
These tips will not make you instantly rich, unless
you win the lottery, but are a good start.
In time and with work, you will build your NP which is the path to
becoming a to be a
neo-millionaire! As you will see in
Phase II, it takes NP to make NP!
STAGE II (RESTOCKING): At this point, you are not exactly a
beginner. You have played games …you
have found codestones, dubloons, and rare items and sold them in your store to
get NP …you have sold scratchcards and even received some expensive ones … the
snowagger has blasted you with his bad breath … you have no items because you
sold them, but you now have 50,000 … 100,000 NP in the bank earning interest. You are progressing slowly to being a
neo-millionaire, but now is the time to accelerate it something called
RESTOCKING! This is the sole reason you
sold items for NP, because now you are going to use that NP to get more NP so
in theory you’ll be able to buy back all you sold and still have NP. Restocking involves buying fast moving
items for low prices and reselling them in your store, over and over and over
again. There are, however, tricks to
making this work.
If you haven’t already done so, you’ll have to
slowly increase you store size. It does
not have to be bigger then what you can sell in one day because you’ll be
restocking every day; however it time it will be as big as you’ll want it to
be. What you don’t want is to have a
store bigger then you can stock – it is useless space that costs! You also don’t want to increase the store
all at once because you’ll be spending your NP on the store – the store doesn’t
make NP, the items in your store does!
You can make good NP in a small store; however, biger is certainly
convenient. So the goal is to slowly
increase you store size to match your capability to keep it stocked.
Picking items to restock is a key element to success: You can either 1) pick up some unknown item for 1000NP that the stock wizard shows you will be the lowest selling at
2000 (potential 50 % profit) or 2) you
pick up fast moving items for 1900 that you can sell for 2000 for a 5 percent
profit. At first glance 50% sounds
better then 5% but that may not be the case as
it could takes weeks to never for you to get the 1000NP! On the other hand with fast moving items,
you’ll have greater turnover. You’ll
start out buying one for 1900 and in
less then 5 minutes, sell it for 2000.
Then you’ll repeat buying one again for 1900 and sell for 2000 in less
then 5 minutes, then again, and again …. so that the first hour and a half you
have made 1900 and can now buy two. You
can see that faster moving items will increase your NP faster (to a point) and
so is better then the slower moving 50% item.
With restocking it doesn’t stop
there—you are constantly restocking and reinvesting your profits into
inventor. The now buying two at 1900
and selling for 2000 (4,000 inventory)
becomes 4 at 1900 selling at
2000 (8000 inventory) … then 8 (16000 inventory) … then 16 (32,000
inventory) … then 32 (64,0000
inventory) …. then 64 (128,000 inventory)
…. 1,000,000NP inventory and congratulations because you are now a
Neo-millionare! That is basically how
it works; however, you can’t not double every hour in a half because: 1) a
limited variable demand for items, 2) limited variable supply of items, 3) your limited capacity to resupply (i.e.,
time), and 4) limited store size (of which increasing takes NP away from
reinvesting).
Fast moving items I recommend are Faeries,
Codestones, One Dubloon Coins, Two Dubloon Coins, Scratch Cards, and Ice Neggs. I think snowballs are good for starters
because they don’t cost much, have a good return (50%), and competition is much
less fierce. The down side of snowballs
(except the more expensive ones you can find cheap) is you only make a few NP
for your limited store space as well as your time. You will not get rich
selling wet snowballs; however, snowballs is a great place to start training in
the art of restocking! Before long,
you’ll move onto the other more NP generating items. Other items move well also, but you don’t want to be buying items
that nobody want no mater how much you think you can make on it – if nobody
wants it, it just aint going to sell!
It is important to understand how the shop wizard
works! When you search on an item, the
list you are given is NOT a list of cheapest the wizard could find. Rather it is the cheapest for that stock
class. Now for every item there are exactly
8 stock classes based on the first letter of the user’s handle as follows (A, I
,Q,Y,1) (B,J,R,Z,2) (C, K,S,3) (D, L,T4) (E, M,U,5) (F, N,V,6) (G, O,W,7) (H, P,X,8).
That means and item in the AIQY1
class may sell easily for 1000NP while the same item sits idle and unsold in
the CKS3 class at 500NP. You don’t have
to be the lowest on the wiz to sell, nor 50 NP lower that what you find in the
wiz to sell. Rather, you only have to
be 1NP lower than the lowest in your stock class to sell. If you are selling,
the GOW7 and EMU5 are perhaps the best class to be in and the CKS3 class the
hardest! In fact you my find you are buying
from the CKS3 class to resell! For the
most part you ONLY HAVE TO BE CONCERNED WITH
YOU STOCK CLASS!
Here is a Restocking typical cycle:
1)
First
you check items sold for trends. You’ll
notice that many people do not just buy one item. That is also why it is not necessary to have evey item cheeper
then the wiz to sell. The rich know
this and most of their items are well over priced, but they sell them because
they attract people by having a few KEY
fast movers as lowest on the wiz.
2)
Check
the items in the store to se why they KEY
items are not selling. This is usually
do to another resell that is selling 1NP less they you are -- adjust your price
(buying them out is not usually helpful as they come back and restock).
3)
Know
your stock class and find the selling price before you start buying. Buying at 100 to just build stock you have
to sell at 50 doesn’t make sence. So
know what you can sell for on your stock class before you start buying. It is often benifitial to buy a few ones and
twos from your stock class to raise the
price you can sell at … but don’t go too high as another reseller will benefit from
your actions. Also, consider buying out
the ones and twos that underprice you by 5-10 NP but if it is just 1NP, you’ll
have to consider if it is better to drop price or buy. You may find the case of someone dumping lots
of items at a low price – if you can’t beat the price, consider buying some
thing else for resell for the day. So .KNOW
WHAT YOU CAN SELL FOR BEFORE YUO BUY!
4)
Now
that you know what you can sell for, set the WIZ’s high price to be 50-100 NP
below that. This enables a faster
search and you’ll need to be fast because there are other reseller out there
doing the same thing. Also by doing
this, you know that what ever the wiz finds is sellable without having to evaluate
the price. To check on prices after this, click on refresh and hit the return
key (over and over again) – practice this method as this is fast searching!
5)
After
you find a few items, put them in you store at the predetermined selling price.
DOUBLE CHECK YOUPRICE BEFOR YOU CLICK UPDATE!
If you miss price an item
and click update, it will probably be gone before you have a chance to correct it
(and you loose!) so ensure get it right the first time!
6)
After
this initial stocking, you’ll now set the Wiz high price to be your selling
price and continue as you did above.
The reason you do this is to easily detect if someone is under pricing
you. If you are not the lowest when
your stock class comes up, you’ll either buy or change your price. And if you don’t see you name at all when
your stock class come up, you are sold out because you waited too long to stock
the items you collected. Try to avoid
running out of stock by restocking often.
On trick is to only have 20K … when that runs out restock and get more
NP from till or bank. Also keeping only
20K will minimize a loss should you happen to fall victim to a price changer. That is one good reason to check the price
of the item before you click OK to finalize the sale.
7)
IF
you find you are not finding items at a buyable price, try switching to some
other fast moving item for awhile. If
you continue to find nothing, you’ll end up getting a stock ban because of too
many searches (because you are using a fast method of searching). This can be from 10-60 minutes that you cannot
use the wiz. If you find items at the
price you are looking for on a regular basis then this usually doesn’t happen. You’ll have to get a feel for this, but you
can usually feel a ban coming on – when you do it is time to check store and
find another item to restock.
8)
You
will usually restock till the money is gone or the store is full. However, this may mean you are not efficient
at restocking or stocking the wrong mix of items as items are usually sold faster then you can restock them
when things are going well.. Should you find your self in this situation, go do
something else, but you still have to check the store to see if you are being under
priced. If you see a price war coming,
step back and stock something else … you be able to safely under price the competition
when they are done stocking.
One last thing, start to get a feel for prices. In small stores were one item is a bargain,
there are often other bargains! I have found myself in restocking frenzy in a
store with faeries, lab maps, and codestones all for 10NP. You have to be fast because at these prices,
the store will be empty in seconds and you’ll get a chance at one or two … if
you are lucky. That is why I like
training on snowballs. As you look for
wet and poison snowballs for 1 NP, you often find a icy, exploding, sticky, or
stone at 1-5 NP – that’s why snowballs is good training, but as I noted, you
wont get rich on wet snowballs, rather it is the finding of a 1500NP stone
snowball in the processes that makes this training worth while!
In my opinion Scratch Cards and Dabloones takes the
most skill to stock. That is because
you have to be very fast to get the good prices. If you can consistently get the cheap item without the disappointing
“this item is not available in this shop” then you know you are a skillful restocker … and likely by this time a neo millionaire!
PHASE III (The filthy rich Neopian): Well, I have to say up front that I’m a
multi-neo-millionaire but not a filthy-rich multi-neo-millionaire – I’m still
working on that! But I do know the next
step involves continuing with the store and stocks while concentrating more on
Auctions, both in buying and selling.
Why? Because big ticket items
are bought and sold by the filthy rich – they are the only ones that have the
NP to trade in these items … and the only way these high ticket items (1-25
million NP) can be sold is via the Auctions.
These items are referred to as unbuyable because they are too expensive
to be sold in stores, They cost
millions and they can’t be sold in stores (100K limit) or trades (600K limit)
but there is no NP limit on auctions!
This is economies of scale. What I mean by this is one can buy an item for 5,000,000 and sell for 5,100,000 via auctions and this is 100K profit; however, on a smaller scale one just wouldn’t consider buying some item at 50 so they can sell at 51! The percentage of profit is equal, but 100,000 NP on one item is much nicer then just 1NP.
Like reselling, the auctions takes practice as well. There are cases where a item is listed at 500 with a 500 increment as is worth 1100, which means the first bid is likely the only bid (1000) since 1500 would be too much, but this is not the norm. The norm is more like listed at 1000 with a 1 or 10 NP increment. Most bids take place in the last 2 seconds which takes skill in timing and knowing what others might bid. It takes practice, but there is plenty to practice on!
Well I hope this guide was helpfully. More time then I expected went into this 1st revision … and there is much more I could add. If you have comments neomail me -- BIGAL2003!.