RuneScape - High Alchemy, Make Money Training Magic

Training magic in RuneScape requires runes and runes cost money. Sure you can buy staffs to supplement the runes, but you are still spending money each time you cast a spell. To some losing money is not a big deal, to others losing money is a show stopper. I'm in the latter group. I like to watch my pile of cash grow in the bank, not shrink. Read on to see how I make money with magic.

Getting to lvl 55 magic is key. There are various guides from casting the first level wind strike, to Fist of Guthix to super heating to get you to this level. You'll spend some gold getting here, but once you do you are home free. Because now you can cast High-Level Alchemy.

The spell costs 5x Fire Runes and 1x Nature Rune and each casting gives you 65 exp. The first step is getting a fire staff. It costs 1,500 gold and is mandatory for casting this spell since it brings the cost down to 1x nature rune. Every item has a high-alch price and the basic formula for success is: Item Price + Nature Rune '" High-Alch Price = Profit.

A few tips before we start talking about making that profit go up:

• Keep an eye on Nature Rune prices and buy them when they are low (you'll use them so don't worry about having too many).
• Buy items at low prices. It might take an hour or two for the purchase to go through, but a few coins on thousands of items add up.
• There are limits in the grand exchange so buy items when you can.

There is a great website, click here, that lists items and the profit you will make alching them. It does the hard-work of taking the cost, adding in the nature rune price and doing the calculations for you so you can profit profit profit. I visit that site daily and buy items. Many have limits of 100 per every four hours so I just stock up then alch them later for my profit. The buy price might change but the alch price doesn't so it doesn't hurt to buy now and alch later. You'll notice things like rune platelegs and rune kiteshields tend to give nice profits for F2P, just buy at the right time. Of course P2P has better profits, but that's the case for most anything in RuneScape.

A trick I've been doing recently is alching gold necklaces. Let's take a look at the formula above and see how we do, Item Price + Nature Rune '" High-Alch Price = Profit

• Gold Necklace: 126 gold
• Nature Rune: 120 gold (I bought 100k at 120 gold when prices were low)
• High Alch: 270 gold

That gives me a profit of 24 gold per necklace. It doesn't seem like much, but here's the trick. I made my own necklaces. Gold bars are always for sale since people train smithing with gold. Don't buy gold ore, bars are way cheaper. You can get them for around 100 gold each, less on the forums. I bought 10k gold bars at 100 gold each. Crafted them into gold necklackes (crafting level 6 required) giving me 20 exp crafting each. I then alched all 10k necklaces for a profit of 50 gold each. To save you the trouble of calculating, that's 500k profit!!!! And I got magic and crafting experience.

I keep myself well stocked on gold necklaces with the method above and alch them to train magic. I visit the above mentioned site to see what high profit items are available and buy them in the GE (remember those pesky buy limits). While I wait for the buy to go through, or wait until I can buy more, I alch the necklaces. I get to watch my pile of gold grow and grow and get free magic exp while I do it.

Have any special items you alch? Share them with us so we can join in on the profits.

View my other guides on:

• Clay, the Hidden Money Maker
• Flipping 101 - How to Flip Effectively
• RSBot vs. RSBuddy, Which Bot is Better?