27 Nov '11, 11am

Are you a Domain Investor or a Domain Flipper?

Have you ever stopped to think long enough whether you are a "Domain investor" or a "Domain flipper." Some are both but there is a huge difference. The last thing I want to do when I buy a domain is flip it. Even folks that flip domains for a living may want to adjust. The first thing I do is study the domain name. Most domains I buy are ones that I believe will have more value in time not less value. So I am never in a rush to sell. I want to know as much as I can. I want to see where it stacks up against my other domains. The process takes several weeks to several months. I am never in a rush because in most cases I am dealing with an appreciating asset. Sometimes doing nothing can make you more money than doing something or even doing something stupid. There is a lot of money in both. That is why this is such a great business. You can buy just ONE domain of value and se...

Full article: http://www.ricksblog.com/my_weblog/2011/11/are-you-a-doma...

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