Have you attempted to create WordPress affiliate websites, tried Click Bank, JVC or other affiliate programs purported to help us get rich on the Internet? Are you looking for supplementary income? Are you retired and struggling to get by on a fixed income? Are you trying to work from home but find every niche becomes an impossible struggle?
Have you tried domain investing? If domain investing piques your interest as your next possible venture or one you are now pursuing, be one of the first to share your experiences here at Domain Investing Tech Blog.
Read more about domain investing (written in 2016 by Goran Duskic )
Domain Investing Hasn’t Even Started
So let’s cut to the chase. You need something that’s growing in numbers, but at the same time is increasing in value due to scarcity. I know it sounds a bit contradictory; that’s why it’s hard to find those things. Take the new iPhone. More and more people have them, but you always have to wait, preorder and hope that you will be able to buy one. That’s one example of scarcity and many would argue it’s artificial. But an example of scarcity that’s not artificial is domain names. Every day tens of thousands of domain names are registered, but good ones are getting harder and harder to find. The good ones rise in value…
It doesn’t matter if you start with a $3 flip, or a $3,000 flip. Get your feet wet; there’s more than enough to go around. Just learn about the process so that you don’t waste your money!
For example, take Kirk, Mitch…
- Kirk bought SarasotaPediatrician.com, for $10, and sold at $360 by reaching out to potential buyer
- Mario bought PennyStocks.ch for €13.99, and sold for €2,500 after getting an inbound inquiry
Why not buy a few domain names, and leave them for your children or grandchildren?
If you are thinking right now, “I wish I could go back to 2013,” set your thinking straight! When it comes to domain name investing, in 2013 there were people saying, “I wish I could go back to 2008.” And in 2008, there were people saying, “I wish I could go back to 2001.” And so on… I can guarantee you, in 2020, there will be people saying, “I wish I could go back to 2016.” How much do you think a great domain name will be worth 50 years from now?
Take three-letter .com domains as another example.
Let’s fast-forward 11 years later.
- wbg.com sold for $44,000 in 2016
- lxb.com sold for $41,500 in 2016
- ndw.com sold for $47,000 in 2016
- ffg.com sold for $60,000 in 2016
You can see for yourself at https://namebio.com.
And I left out outliers like aus.com ($345,000) and ued.com ($150,000). There are hundreds of these sales, and remember there are only 17,576 combinations for three-letter .com domains. Some of you might be thinking, “OK, I need 60 grand to get into this game, and wait another 11 years.” Sure, you could do that, but most of you aren’t prepared to risk that kind of money…
Domain Investing Struggles 