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Old 09-15-2006, 07:31 PM   #7 (permalink)
stockshark
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Re: Am I wasting my time?

Quote:
Originally Posted by Provider View Post
stockshark, you are absolutely right. I totally agree with you, vast majority of
domain name owners do not have any plan in mind. If you go to invest on the stockmarket you will be happy to make 300% a year return, but with domain names it is totally different, you don't really need to be smart to invest in domains. Many people expect unreal returns on their investment. I don't want in any way to say that domainers are stupid, I am just saying that it is just much easier to invest into thismarket than other venues, and for that reason our market atracts many people that read reports on dnjournal.com and think that all the domain names sold for these prices.
You're telling me, many investors would be happy just to beat the S&P and make 20% a year in the stock market . I agree I don't think domainers are stupid I just think some have unrealistic expectations. I guess I think of it sort of like real estate.... you can't expect to buy a house out in the middle of nowhere for cheap, put a for sale sign out in the front yard and then expect someone to come along and pay you the same thing they would pay for a Beverly Hills mansion, "just because". Might as well go buy lottery tickets instead, as I think the odds might be better
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