It’s one of the hardest things I’ve had to do. Nothing. Don’t do anything. Just wait for my domains to sell. 95% of my domains I could put at auction and sell for more than I paid for them but I shouldn’t. I shouldn’t because to replace them I would need to at least double that. Every day I look at the auctions and think to myself. “How in the world can a new investor get in right now without spending a ton of cash”. I can spend it because I bought domains cheap years ago and when I sell them I can use that money to buy more. But would I pay these prices if I didn’t have the other domains and their returns? I don’t think I can afford it. $500 to $1000 is a lot of money but you don’t get great names for that. You can get good name but most likely not great names. Add to that you need a portfolio of at least 100 names to have regular sales. That means you’re going to need $10K at rock bottom and realistically $50-100K for a good start.
That’s a scary thought. A new investor putting up $50K of their hard earned money. It makes things like DNAcademy all that more important to help new investors keep from making foolish purchases. And that brings it back to my portfolio. The smartest thing for me to do is just keep adding domains that I think offer good value and wait on domains to sell. I can 100% say that if I would not have auctioned the names that I auctioned I would have more money today. “But that’s what you used to buy your new better names?” Nope. If I had the 30 NNNN.coms I would have at least $600K. And that’s only 30 of the names I sold. I had a NameJet auction 4-5 years ago and just from the offers I received from old Uniregistry landers that never got changed, I would have netted 5X what I made from the auction. Every time I think about auctioning a name I think about those offers.
As I type this I may still put up some names for auction. But its only to fuel my domain buying addiction. Its the wrong thing to do for the top 30% of my names. But I know names like L22.com can get a good price right now. If I sell 3 or 4 similar names I may be able to get another good name or an LLL.com. Every day I talk myself out of putting them up. I’ve done that for over a year. A sale holds me off a day or a month depending on the amount. I hope I can continue to talk myself out or sell a name. It’s been a dry October. I still have cash in the account but its going away with every domain purchase. I MUST PURCHASE DOMAINS. I just don’t have to/want to auction them. So where do I auction them and the advantages of each. That’s tomorrow’s post
Click on the links to see current price and to pay for the gas that runs this site. And don’t forget to pay for your past domain purchases.
Quote of the Day:
Domain of the Day:
Park.io Names at Auction or Available for Pickup
PersonalCare.co A lot of companies called personal care and the dot com is not going to be had so this is a decent alternative IMO
Masks.io Hard to find a more timely name. And I don’t see any non mask world coming soon
Loom.co Not a word we use very often but we all understand what it is because of Fruit of the
Championships.gg Where you find the best
Vertical.ly The best way to move
Namejet and Sedo & More Domains at Action
NDFC.com Ends it C. High end of the LLLL world
MicroBoss.com 25 years old and taken in 40 extensions
SpaceOnline.com Hard drive, outer space
Scotch.org Your ancestry or your alcoholism
Zhan.io No bidders. Popular Chinese surname
MathClinic.com At some point we’ve all needed help in Math
Legan.com Popular last name and a huge village of 215 people in Scotland
XIH.com This is the LLL I see meeting reserve and selling
Snippy.com Love this one but I am going to need to see it on the low end o the reserve to sell IMO
Coches.org Yesterday I said this was coaches but its actually coches which is Spanish for “cars”. But nobody noticed or cared to point it out so as usual I’m writing this thing for myself
Cinema.net My favorite. Its a dot net but a great name for a buildout. I think the net is very memorable. I can’t prove it but I don’t think dot nets leak as bad as dot co or other tlds
WebsiteImages.com 22 years old. Met reserve at $200. Stock photo site ready for build out
Godaddy Domains With Bids
ONMF.com Top number of bids on the Godaddy board today. Not a measure of value but a measure of two people that really want it. The rest of the LLLL are below
CBDPetFood.com I’m sure CBD is good for animals too. Maybe not
MisterCool.com Better get MrCool too
DriverForHire.com It always says Not For Hire. Good change here
ArcadeRetro.com Old School gaming. I still love it
SocialExperiments.com My favorite is the marshmallow test
LendFlow.com Deal flow for borrowing
ChoiceBud.com I could see Spicolli saying this
HenryStewart.com As I always say. Two first names together make a good brand
1DollarHosting.com Sounds like a great deal. Spoiler alert. It’s not going to be a $1
SkyTeacher.com I’m gunna have a teacher from the sky
DrabToFab.com Sounds like a show on E!
The Godaddy Names with One or NO Bids
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.