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discuss Domain Sales - is it the economy? The market?

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ThatNameGuy

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I don't follow the stock market as closely as I use to, however has anyone noticed the comeback in the US market since the corona crash earlier this year? While the overall market is down slightly, the Nasdaq is hitting new highs practically every day. You really need to look no further than Go Daddy's stock symbol GDDY to see what I mean.

I've been taught to believe that markets are forward thinking, and if my portfolio performance is any indication of the future, domains look to be a good investment.

I've been honing my domain skills for two years now while being chastised daily for my approach and style. It's been said my style is actually bad for the industry:xf.rolleyes:.....and i love it!

How are your sales? Have you let the Corona Virus and the cancel culture crowd impact you? I hope not, for I still see unparalleled opportunity for the foreseeable future:xf.smile:
 
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@ ThatNameGuy

TEN THUMBS UP ! ! !

for your idea of brokering the domain War.com

your commission on that sale should be HUGE and cover a Multitude of Sins

I burned thousands $$$$ and I STILL have not wised up, but you have JUST PROVEN that all it takes is

ONE BRILLIANT IDEA

( and I am sure you have a good many of them, as do I... )

I have always believed that the most valuable thing Pitney Bowes owns is their Name -

it is a Grand Old Name

they also own PB.com

pb is the symbol for LEAD

which may have something to do with their Stock Price - dropping like LEAD

but there are ALWAYS Stocks to Buy - like XRX - copy that ?
Thanks Otis, and to think this idea evolved when I accidentally went to the website War.com. I've since talked to a few more of my contacts in the domain industry to help for there's no way I could pull this off on my own.

Now back to developing and monetizing single malt whisky ie, Scotch:xf.wink:
 
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The stock market is unstable,
Or the domain name depends on a point
 
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First of all, congratulations on the $1399 and $500 sales @ThatNameGuy! Fantastic news!

With respect to the original post content, I am quite uncertain re the stock market and global economy in general. The stock market is a tale of two sides. The huge tech giants have had a great run. Almost everyone else is still down substantially, hence why Nasdaq high but not Dow Jones. I think, in pandemic times, some feel that tech is the safe place. But stock markets can be fickle. I hope I am wrong, but I worry a lot about future years in stock market.

Domains, I continue to see both positive and negative. No doubt things are up for certain types of names. Overall, less sure, but agree the optimists do have data supporting their stand. I probably have more confidence in the future of the domain market than the overall business and stock markets, but that is not a strong endorsement!

I also wanted to comment on this....
Amazon did that for many many years and just started getting into black few years back.
Not just Amazon, but the vast majority of startups burn through cash for years without making a profit. And yes the majority don't ever find profitability and eventually go out of business. But some, the Amazons and Zooms of the world, eventually move to highly profitable phase. I think sometimes we expect something different in those starting out in domains, but why should we? I think, as long as one has discipline and a business plan and are working on getting better educated, most domainers will find more success in years 3+ than in the first couple. Those who manage to break even in the first year or two are doing well in my opinion.

Congrats once more, @ThatNameGuy (y)- very happy for you!

Bob
 
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there are many chinks in my armor

they do me right - they do me proud

they are Geniuses - I collect them...
 
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war - hoo - good GOD y'all, what does it STAND FOR

W - A - R

White Americans Rule

come on, we can do better than that...
 
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