Digital Pandit
Well-Known Member
For as long as I can remember I’ve been probably a little bit OCD when it comes to budgeting and planning. As a kid I used to save my allowance and budget for cool things that I wanted, and as I’ve gotten older I’ve continued to put together plans and forecasts wherever possible.
Domain sales always seemed like a pretty challenging thing to forecast since there really is a fair amount of randomness to when a particular domain name will sell. Additionally, domain investors typically need a relatively long time horizon similar to real estate investors.
When I buy a domain name, I know very well it could take five years to sell. Sure, maybe you can get lucky and buy a name and flip it next month, but the reality is, for most of us, domains are an asset class we invest in, not a business that we run.
Go!! Read this as soon as possible
Domain sales always seemed like a pretty challenging thing to forecast since there really is a fair amount of randomness to when a particular domain name will sell. Additionally, domain investors typically need a relatively long time horizon similar to real estate investors.
When I buy a domain name, I know very well it could take five years to sell. Sure, maybe you can get lucky and buy a name and flip it next month, but the reality is, for most of us, domains are an asset class we invest in, not a business that we run.
Go!! Read this as soon as possible