Ok...
sooo..I finally get myself motivated to registering domain names as a "financial move" and not just, "oh, that sounds good, lets register it".
From what I have learned..and I need your help to get this straight...for the most part, domains are treated or act like property, much like a house or a plot of land. You buy it at the right time and sell it at the right time. That's of course if you are thinking of it as an investment.
NOW..here is my question: From an investment point of view, I have noticed there are names for "type in" traffic, names of people/places/things, names with keywords that pop up in the search engines quite often and names that fit a particular "niche". So, if I am looking at this from a purely investment point of view, I would have to take multiple avenues.
1. register or purchase to hold onto for resale later
2. register for traffic building either for adsense type or affiliate or both
3. develop a complete site to either sell or make money...retail, services, traffic etc etc..
Is this correct ..am I missing something..can someone make it more accurate?
from what I gather..one should always monetize his domain names..even when you think there is only personal value attached to it.
I am thinking of starting a blog of becoming a domainer...starting from having little idea to understanding the industry and hopefully to become stinky rich.
All help would be appreciated...
Steve
sooo..I finally get myself motivated to registering domain names as a "financial move" and not just, "oh, that sounds good, lets register it".
From what I have learned..and I need your help to get this straight...for the most part, domains are treated or act like property, much like a house or a plot of land. You buy it at the right time and sell it at the right time. That's of course if you are thinking of it as an investment.
NOW..here is my question: From an investment point of view, I have noticed there are names for "type in" traffic, names of people/places/things, names with keywords that pop up in the search engines quite often and names that fit a particular "niche". So, if I am looking at this from a purely investment point of view, I would have to take multiple avenues.
1. register or purchase to hold onto for resale later
2. register for traffic building either for adsense type or affiliate or both
3. develop a complete site to either sell or make money...retail, services, traffic etc etc..
Is this correct ..am I missing something..can someone make it more accurate?
from what I gather..one should always monetize his domain names..even when you think there is only personal value attached to it.
I am thinking of starting a blog of becoming a domainer...starting from having little idea to understanding the industry and hopefully to become stinky rich.
All help would be appreciated...
Steve