-$5.00
The .PRO extension at one time had promise, then that promise turned to hope, then the hope turned to sorrow and despair. The general consensus now appears to be that .ME and particularly .CO are on the same hellish path into the drop pits of death.
There are three of four among us here who still hold onto a fading hope. I read something a few days ago about a group elsewhere and even larger than the fading hopers, that insists that man has never been to the moon and that the Earth is shaped like a big pancake. To each his own I always say.
Now to reality....
In my view, all extensions other than the Golden Three™ should be avoided. The middle man in that lineup is weakening however, so you will want to focus mostly on .COM and .ORG. You will also need development skills if you want to make A LOT OF money. Otherwise, you will need money to buy premium aftermarket names. If you can't develop, it will take money to make money.
Of course, if you like high risks and low returns, you might also give flipping pump-and-dump-pink-sheet TLDs like .XXX a try. Just remember to get in low and out fast. Holding for more than a month or two will likely result in losses as the pumpers tend to lose steam quickly. The key to this move is to "bang out a flip before the market goes dip." I have had some success using this method.
Regardless of how you decide to proceed, the most important rule of all is
NOT TO USE A BUY AND HOLD STRATEGY. Domain prices are on a permanent decline so you will always have to outrun this depreciation using flips or income producing models.
Hope this helps and have a nice day!
