For money, you can still make quite a bit from a few professions and with Ulduar coming, some will be more lucrative than others.
Tailoring should net some nice profits for cloth. With Ulduar comes some new patterns for Spellweave that will be BIS for a few caster classes. The belt Sash of Ancient Power specifically, which hopefully means Spellweave and Ebonweave will be big sellers.
Check the prices on your server for Titansteel, Titanium Ore, Dragon's Eyes and Heavy Borean Leather. Titanium Ore will probably skyrocket once epic gems are available since you can prospect epic gems from it. Buy a bunch now or get mining up and find as much as you can. Dragon's Eyes still sell well on my server (185g or so) and I can make a few a day.
For enchanting, you only need one to 375 I think. Then you can DE all epics from that point on. Use what loot you can, then just let the enchanter loot the BoP gear to DE it to sell or use the mats for enchanting. The Abyss Crystals still sell well, however with Heroic+ coming, they will most likely go way down in value.
Some of the expensive BoEs, like Surge Needle ring will drop from Heroic+ bosses, so those should also drop in price.
Alchemy doesn't make a lot of money right now. It will be great once Alchemists can transmute epic gems after they are released in phase 2. If you are a transmutation master you can get up to 5 epic gems per transmute. This is very rare and you might only get 1 extra gem every 5 days or so. It happens, just not often. Once you learn Cardinal Ruby (this will take 4 days from the quest with the 20 hour epic gem transmute cooldown) just make those. I am guessing they will sell for 500 to 750 at first each.
Your own teams will be able to use the gear, elixirs, potions and items all professions can make, so they won't go to waste.
Also, you get the same XP whether in a raid or group. You can't do quests in a raid but if you are running dungeons to level, you can form a raid, then invite other characters, buff up with those not in the dungeon and keep the buffs. For example, if your group is a DK tank, 3 Balance Druids and a Shaman healer and you have a Priest, Mage and Pally alt, you can invite them, buff your team, leave them in the raid and you keep their buffs on even though only 5 of you are in the instance.
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