What is your annual budget for Domaining?

[atinc]

What is your annual budget for Domaining?

Annual budget consists of renewals, new registrations and aftermarket purchases.

Please participate the poll to review the results.

 

[GeorgeQuang]

11k and still increasing .......

 

[Fuadiansyah]

Mine $10K-20K a year.
Present portfolio of 190 domains has a substantial investment in it as I don't do hand registers & mostly buy from Godaddy expired auctions.
Need to pay big there

Sorry for this off-topic question.
If you won an expired GD auction at the price of. let say, $500, what is the actual money that you paid to GoDaddy which is including taxes, etc?

I saw an estimated taxes of 20% from the price as the component of the cost that we should paid too. So, based on my calculation, for $500 name won at auction, we have to pay about $615, which include renewal fee ($14.99) and the 20% taxes (20%*$500=$100). Am I correct?

 

[Hemanttilotia]

Sorry for this off-topic question.
If you won an expired GD auction at the price of. let say, $500, what is the actual money that you paid to GoDaddy which is including taxes, etc?

I saw an estimated taxes of 20% from the price as the component of the cost that we should paid too. So, based on my calculation, for $500 name won at auction, we have to pay about $615, which include renewal fee ($14.99) and the 20% taxes (20%*$500=$100). Am I correct?

Yes

 

[GeorgeQuang]

What ? USA citizen must pay tax before using Domains @@
Only in USA or other Western countries ?

 

[Fuadiansyah]

What ? USA citizen must pay tax before using Domains @@
Only in USA or other Western countries ?

I think everyone who won the auction must pay that taxes. CMIIW

 

[Fancy.domains]

What ? USA citizen must pay tax before using Domains @@
Only in USA or other Western countries ?

It totally depends on where in the world you live.

Rumors tell me that Cayman Islands is a popular place for domainers

 

[atinc]

440 votes so far, thanks for participation guys.

You might want to see the results again, so here is a bump up for you.

 

[Dominic Belley]

I am surprised to see that many votes for $0-$100 per year.

At that level, its not even called a hobby.

 

[atinc]

I am surprised to see many $50,000

That is $500,000 in 10 years and only 63 people will spend $31,500,000 in 10 years.

 

[ksusha64]

If you making money in domaining then buy as much as you can. If you can not liquidate then be conservative Do not bite more than you can chew.

 

[Paul]

Why do you want to know? These are personal questions and no one will tell you the truth.

Everyone will tell you they have a BIG budget but in turn they only buy in the $1 auction.
It's like asking how many times do I make love a year!!!

Really? I was thinking the other way around: I'm embarrassed to say how high my costs are. It means my profit margin is less impressive.

My costs are high because I like to give each of my servers a .ninja hostname. It's not an addiction, I swear.

 

[atinc]

517 votes so far.

Thank you all who contributed the Poll.

Please go ahead and participate the poll to see the results.