- Impact
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Having spoken to a number of investors, read through a number of threads, and seen it firsthand, I have now realized that a good domain is multiple times better than 100 average names.
If you have a good name that you are willing to renew and hold for 5+ years for the right price, you somehow just know that it is going to give a handsome return - the only thing that you don't know in that case is when.
From a cash flow perspective, this is not a good strategy but from an individual investment perspective, you just know that if you invest say $300 in this name + 10 renewals of say $15 each, you would be investing $450 over a period of 10 years with a potential return of $5000 (taking an example), thereby giving a massive 900% plus return in 10 years. That's more than most investments would pay you.
From now on, I have started seeing domain names as individual investments rather than portfolio investments. I don't want to sell 10 out of 400 names in one year at an average price. Rather, I would aim to sell 10 domains in 10 years at great prices.
Expanding the horizon of the hold and knowing that individually, that particular name is going to pay off big time.
If you have a good name that you are willing to renew and hold for 5+ years for the right price, you somehow just know that it is going to give a handsome return - the only thing that you don't know in that case is when.
From a cash flow perspective, this is not a good strategy but from an individual investment perspective, you just know that if you invest say $300 in this name + 10 renewals of say $15 each, you would be investing $450 over a period of 10 years with a potential return of $5000 (taking an example), thereby giving a massive 900% plus return in 10 years. That's more than most investments would pay you.
From now on, I have started seeing domain names as individual investments rather than portfolio investments. I don't want to sell 10 out of 400 names in one year at an average price. Rather, I would aim to sell 10 domains in 10 years at great prices.
Expanding the horizon of the hold and knowing that individually, that particular name is going to pay off big time.