Now, thanks for all the inputs. The discussion here is quite interesting.
Frankly, I did not know that you tzsxc are Thomas. I am very impressed by your portfolio. I was very bothered seeing so many times your name associated with some of the best names around.
Reece said:
I'd be really interested in knowing which NPer has made the largest ROI with LLLL.coms so far.
A millionaire dropping 10k on LLLL.coms and making 200k off of it just isn't as interesting a story as the guy who only had $100 of disposable income and somehow turned that into $10,000 buying, selling, and trading his way up...
Hmm, it is like you are talking about me. Well, I think Reece, you just challenged me to reply to your post.
I don't think I made a great job, but it is very true, that I started domaining with $20 back in late March. As incredible it seems to most of you, this was all the money I could put apart from my $150 monthly salary back then.
And because of this lovely Namepros community, whom I have to dedicate a lot, I ended up living decently now, and being able to buy $xxxx domains.
I am a member here from January, soon I will be a member for 1 year. In the first two months I read everything I could, and bought nothing. I had no money to even buy a $7 domain because on winter the expenses are bigger. So I tried to make 425 NP$'s in the incentive forum till March. I did not succeed, but as spring came I had some money, and bought 3 domains (one LLLL, and two cctld's). My first LLLL.com was RFVO.com and I sold it to NameMedia for $35 later. I had a bit bigger luck with the two third level cctld's that I sold for $500 on DS. So I had money to start with, and decided to put it back into LLLL's. And with similar sales to NameMedia and another big buyer (who would like to remain anonymous), I ended up having quite a decent portfolio.
At the end of May, I spent almost 10 hours daily for available LLLL's and flipped them even if just for some $$ profit. And I reinvested every money I had, because I started seeing that domaining is a profitable thing.
So, by November I quitted my job (anyway it was not high paying) and I dedicated all my time to domaining. From May till November I flipped more than 250 LLLL's and made quite a decent profit (of course I reinvested everything).
Today, I have only 160, and plan to stay with the 40 I like most (DNHM, SMNO, HXHH, ZNEH, HNLH, VVIH, UKgj etc). I will need a new challenge for myself, but I can tell you that in the past weeks, when I made a sale, I sold $3800 in domains. Probably I would have sold more if I could have accepted paypal, but I had to sell them cheaper. Aside of LLLL's this week I made a bulk deal with NameMedia, and I sold a domain I hand regged in August for $1k to another domainer, so I stay quite well.
Plus I expect I will sell 120 of my LLLL's for a decent profit, so at the end of this selling spree, I will have a bit more than $10k, almost all made from LLLL.com's. And some cctld's.
Maybe for many of you guys $10k is not more but for me it is the possibility of a new startup. I plan to reinvest in premium LLLL's, and in one generic domain.
I don't think LLLL's are the only way to go. In fact I see many headless buyers buying up domains without any meaning for $xxx. It is just not the best timing. One needs to analyse the market and always think twice before investing. Domaining is a world full of possibilities, but if you take a look at obscure domain forums you will see people asking $xxx.xxx for domains that are worth practically $0.
That to be said, I have to thank Namepros for everything I made thus far. And to thank much for all the people who helped me by contributing to its quality.
But, overall I do not look at myself as being a wise investor. I could have turned that $20 much better. And I know that there are people here who invested wiser.
I cannot stay too much time in a boat, and you guys will see me contributing less in the LLLL threads, as I will change my strategy and will focus on end user type domains. I already have more than 80 keyword combo domains, and I got quite a nice offer from a big domainer for them, but I will hold onto them, and will go on the hard route of end user searching.
But I think now I am quite off-topic with my future plans, and it is not related completely to LLLL's. I wish everybody best luck, and sorry for posting so long, and maybe not so coherent but I am a bit drunk. Hope my English was quite coherent.
See you.