revising what manxmax said earlier:
if you click on an item in your inventory, then click options, then click on an empty spot (not on a setting or another button), the item will dissapear and its stats will be added to whatever character was selected on inventory screen. this destroys the item, and DO NOT RE-SPEC AFTERWARDS! when u re-spec, all the artificial stat boosts will dissapear. so make sure u know what u want to have at the end. sidenote: never level magic bolt past 1. the 10 damage boost is pointless.
quick question. have a vampiric ring, says Drain Health (5% of Damage)... is that enemy life drain, player health gain, player health drop on attack, or what?