After 30 years of building a business and buying and selling assets, at this point in my life I really don’t need any financial advice. Not saying I’m an expert, I’m always learning, but 95% of what I hear, I know. Of course I have no problem talking about what I’ve done and experienced, but what people should do is really up to them. I never pretend my world of financial advice is good for anyone or everyone.
The risk levels that we all feel comfortable is different for each person. As is the level of liquidity. To say that investing in a domain is “better” that bitcoin, or a house, or baseball cards may or may not be true. If you don’t have the ability to tie up for money for 5 to 10 years then a domain may not be right for you. If you have to sell because you need some cash you may get 5-10% of what you could sell it for to an end user. The blanket statement that domains are one of the best investment you can make is overall true. But there’s a lot that needs to happen to make the statement correct. And modern day investors probably don’t have parking or porn revenue to keep the cashflow available while they wait for it to become true.
If you read my twitter you know that I’m storing my money in Bitcoin. My experience tells me that when a government prints a trillion dollars and puts it in the hands of its people, inflation tends to follow. Sure its good for spending but it was artificially placed into the system and makes the existing currency worth less. Basic economics. In short, I’d rather have my money in bitcoin. I didn’t feel the same way pre COVID. That’s the beauty of investing. You learn and change your mind as you learn.
Real Estate is the hot market. Commercial is tumbling and offers value and personal homes are selling like hotcakes because interest rates are low and people want to upgrade their safe space . Like anything else it comes down to the return. There are two sides to every crash. The great deal that you get on the downturn and the person that got burned when it happened. To pretend like you’re only gong to be on one side of that in real estate is naive. You will here about the great buys but not much about the time they had to sit on a property for a decade because they couldn’t move it at break even.
The real answer to how to make money is have lots of it to start. It takes out the problem of liquidity. It means you always have money to buy on the panic and distress. And it means you can take on more risk because there is more money to draw from and the kids won’t go hungry if you F up.
Quote of the Day: “If you raise your children, you can spoil your grandchildren. But if you spoil your children, you’ll have to raise your grandchildren”
Domain of the Day:
Park.io Names at Auction or Available for Pickup
FlashDrive.io Online Flashdrive. Dropbox type site or tool
24.ag dot ag is being used by quite a few gambling sites. 24 is a great term for a casino/sportsbook
Cleaver.io “Cut out the fat” with Cleaver.io
TableSpoon.com Unit of measurement. Tool of cereal
Oro.vc “Gold Jerry, Gold”
Namejet and Sedo & More Domains at Action
Cilio.com 113 bidders can’t be wrong can they
Snuggy.com 22 years old. Take in 12 snuggly extensions
BuffaloRanch.com Can be more than a chicken wing flavor
Trevas.com Dozens of companies named Treva’s Something. 24 years old
ActiveLogic.com I’m long almost any two word Logic name. Especially 24 year old ones
MoviePreview.com All Trailers, all day
PotLover.com Reserve tells me owner is ready to let this one go
AYTech.com Taken in 30 extensions. No reserve
HG360.com HG names on Godaddy sell real well. But I have no idea about these Chinese letter number combos so due your own diligence
Godaddy Domains With Bids
SunFruit.com I don’t actually care about the fruit. I just like the brand. Top number of bids on the board today
Centiva.com Speaking of brands. This may be the best on the board. Has a few backlinks but the name is better than the backlinks IMO
AllTheBrands.com Really speaking of brand. You can buy all of them
ClickDownload.com Evidently we’re still doing download names
Anyone interested in a LLL.co?
HyperTechnology.com Only taken in 6 extensions but still love the name
Market7.com 23 years old, 23 extensions taken with this name
HPConsulting.com Just don’t mention Hewlett-Packard
NovaCity.com Surprised how many people are using this one. And 31 extensions being used as well.
Smarts.co Really can’t find a better word than Smart. Have to make it a dot co and add an S just to keep it affordable
MMIL.com Getting a great value from GD and some good bids. Taken in 23 extensions which is middle of the road
CasaLuna.com Mexican Restaurant all the way
BasicBusiness.com Have to start with the basics . 24 years old. Taken in 18
FastStartups.com Maybe an advisory company or some kind of tool
DBSports.com LLSports.com at a cheap enough price is worth adding IMO
LonestarCoffee.com Texas Tea
Ketosis.net Keto name. Taken in 75 extensions so it has some value, even in the dot net
Sunray.co I’ll take this solar name even in the dot co
Simplease.com Not great but I see the Simple Lease combo thing and what it means.
PedalClothing.com If you sell bike clothing you’re not going to get Pedal so this would be the best alternative
Godaddy Names With One or NO Bid
The Rest of the Godaddy Names With Bids
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.