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32. Invest in Domains

Domain names are the new real estate. All of the 3 letter .com’s are taken and nearly all of the 4 letter .com’s are taken.

So that leaves 5 letter .com’s. Although world economies might be hitting the rocks, don’t worry about things online – things are still booming and even if/when we do have another dot com bubble burst, get ready to pounce on expiring domain names and sites that are selling for peanuts.

You only have to look at sedo.com‘s recent sales to see how much domain names are selling for nowadays… Here’s a few of the big guns over the pasty few years

  • Sex.com sold for $14m
  • Porn.com sold for $9.5m
  • Business.com sold for $8m

A good tool I use to ‘snipe’ expiring domains is http://freshdrop.net/

One Response to “32. Invest in Domains”

  1. webwolf Says:

    I read about it some days ago in another blog and the main things that you mention here are very similar

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