domain powerfuldietplans.com

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Hey everyone. So I bought powerfuldietplans.com the other day and I would like to know if I made a good decision or if I just wasted my money. I am new to this and it is the first domain I bought so I hope I started out with at least a decent one.

It has:1,220,000GMS(broad) Competition= Med
74,000GMS(exact) Competition= High
This domain is not developed.
If it is not worth anything would building a little website for it help it any?
 
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