29 Aug '11, 2pm

Why Domains Are “The Worst Investment I've Ever Gotten Into” - Domain Name Wire

It depends on if you’re investing or gambling. I was reading a blog post on The Hill this morning about a guy trying to sell Romney-Perry2012.com and Perry-Romney2012.com for $50,000. You read stories about this all the time as people try to bankroll on current events. But here’s what I found interesting: He has bought other domains in the past, but without much luck. “I have lost a bundle actually, and they’re the worst investment I’ve ever gotten into,” Jeffreys said. But he said it is hard to resist the temptation to buy more addresses for the chance to score a big payout. The practice is “essentially gambling,” he said. This is interesting because it sheds light on two different mentalities when it comes to domain investing: investing vs. gambling. Here’s how I’d define these: Domain Investing: You buy domains that mostly have existing value that you think will increas...

Full article: http://domainnamewire.com/2011/08/29/domain-investing-or-...

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