advice The Secret Path to Domain Profits

[News]

So the first year is usually characterized by accumulation and little or no sales. Many impatient domainers, expecting to get rich quick, implode at this point and either sell their domains for pennies on the dollar or just let them expire and walk away.

The second year is a crucial test for a domainer. By the end of the second year we either have a profit, a loss, or we just don’t know. If we’re not keeping careful records and don’t know our total income and expenses for the year, then it’s a darn sure thing that we’re operating at a loss and we’re just avoiding the issue.

Objectively evaluating our holdings and cutting out the dead wood is absolutely necessary for maintaining a healthy portfolio and preserving profits. This is something that every successful domainer needs to learn and do on a monthly and annual basis...

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[idomainappraisal]

Isn't it a little 'late' to be talking about first year for domain name investing? The part is now over 20 years old.

Now if the article was about what's hot in new tld's for newbs in the game, it might have some important points but portfolio strategies and such at this stage is kinda of humorous IMO.

No one is building a new portfolio in domain investing today other than in wildly speculative areas such as the new tld's.