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Are you a millionaire?

Labeled as poll in General Domain Discussion started by shig, Jul 13, 2018.

Replies:
12
Views:
598

?

If your doman portfolio has an estimated value over $1mil should you be considered a millionaire?

  1. Yes

  2. No (too hard to predict actual value until sale)

Results are only viewable after voting.
Total: 60 vote(s)
  1. shig

    shig Established Member ★★★★★★★★★★

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    Based on estimated net worth of your domain portfolio.
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. Josytal

    Josytal Top Member VIP

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    Until the domains have been sold at your estimated value, you can't be considered a millionaire!
    ,
     
  3. Haykay2005

    Haykay2005 Top Member VIP

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    You said it all
     
  4. garptrader

    garptrader Top Member VIP ★★★★★★★★★★

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    If a domain portfolio was consistently generating $200k in revenue via sales and parking income net of renewals perhaps a company like Godaddy or Uniregistry might be willing to pay a $1 million plus for that portfolio. Would the portfolio holder sell at that price? Perhaps they would want a higher multiple.

    As others have stated one cannot simply multiply number of domains times average list price to determine portfolio value. Only at the point where pricing starts to attract regular sales can one begin to pontificate a portfolio's value.
     
  5. Asfas1000

    Asfas1000 Top Member VIP

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    "If your doman portfolio has an estimated value over $1mil should you be considered a millionaire?"

    Yes, but you should use the liquid or reseller price as the value estimator.
     
  6. Furquah

    Furquah Skipper VIP

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    No, I am poor, help me out please. I don't have millionaire domain names but I do have some crap names which get sold to end-user.

    Thanks

    A Poor Domainer
     
  7. -EM-

    -EM- Top Member VIP ★★★★★★★★★★

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    Millionaire? What's that? How many zeros are in there? Is that even legal?
     
  8. Furquah

    Furquah Skipper VIP

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    No its not legal, it should be read as "million in air"

    Million in Air = only in dream
     
  9. MS-Domains

    MS-Domains Top Member VIP

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    nowadays, people with over $2 mil in cash, are hardly considered millionaires
     
  10. urljunky

    urljunky Top Member VIP

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    There are people who have domains they can borrow money on due to their high value.
    If they have one word .com's that have been bought and sold for 5,6,7 figures then yes.
    unfortunately most domains are actually worth -$6.99, due to their yearly registry fee.
     
  11. MrAcidic

    MrAcidic Upgraded Member Gold Account VIP

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    if I was or wasn't - I would not say - as it shows a lack of class (n)
     
  12. Coinking

    Coinking Account Auto-Closed VIP

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    Millionaire is a dream for me and trying to convert in reality.
     
  13. imadoer

    imadoer Top Member PRO VIP

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    I'm definitely not a millionaire my portfolio is probably around a 130k reseller value. I'm working hard to get to that million it's not far-fetched it's definitely doable 3 years ago I started with 400 bucks
     

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