While the economy is tanking and Americans are seeing their savings vanish right before their very eyes, one form of investment continues to produce ridiculously high returns on a consistent basis. I am talking of course, about Domain Names.
A Domain Name is another term for a web address. Domain names can be registered for about $10 per year and can yield returns of literally hundreds of thousands and sometimes even millions of dollars.
Here are just a few examples of some of the recent sales of domain names from Feb. 16, 2009 – Mar. 1, 2009:
- RodeoDrive.com – $60,000
- Bruxelles.com – $35,625
- Sportissimo.com – $20,000
- CounselingDegree.com – $11,000
- BBPlanet.net – $10,000
- health1st.com – $3,000
- EpicFail.com – $7,250
- fashion.fm – $1,260
I reiterate that this is just a small sampling. To see a more comprehensive list of notable domain sales from the listed time period, visit DN Journal’s Weekly Sales Charts.
The reason that domain names will remain a good investment even in these tough economic times is multi-fold. First, the trade of domain names is not bound to any single currency. You can register a domain name in U.S. dollars, and then turn it around and sell it in Euros or Yen or whatever currency you desire. Additionally, by investing in domain names you are not betting on the relative success or failure of a given company, group of companies or even an industry. An investment in domain names is an investment into business in general, and an investment into e-business in particular.
The internet isn’t going away anytime soon, and highly brandable, easily recognizable domain names (particularly those commercial in nature) will only continue to increase in value. At some point the economy will recover. Regardless of how long it takes before that happens, your investment into domain names will remain as safe and secure as they day you registered them.
Another option is to target your investment strategy around what are known as premium domain names. These are names that typically are 1-2 words, contain keyword words and/or phrases in the domain, are easily recognizable and possess strong branding potential. Premium domain names typically will cost substantially more than a standard domain registration, but if the name is legitimately a premium domain, it should not only generate revenue but also be easy to sell should the need to do so arise.
If you decide to invest in domain names, either as a means of securing an investment that is not tied to any one currency or simply to diversify your investment portfolio, the best place to do it is at GoDotYourself.com. Go Dot Yourself offers single and multi-year registrations of domain names in virtually every available extension at some of the industry’s most competitive prices. In addition, GoDotYourself offers affordable web hosting packages and an array of various website and e-commerce software, tools and services. Customers receive the benefit of 24/7 technical and billing support 365 days a year at no additional charge.
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
I really helped me, thanks!
Can i transfer my property taxes to my new home if the government is using eminent domain?
Wow! what an idea ! What a concept ! Beautiful .. Amazing
[...] Domain Names ease a sound investment despite scheme woes … [...]
Please, can you PM me and tell me few more things about domaining? I am really fan of your blog…
Domain Names still performing well despite bad economy…
With the economy tanking as people around the world watch as their savings dissipate before their very eyes, one investment continues to outperform virtually all others. What is it you ask? Domain names. Even today, domain names continue to outperform…
I usually don’t leave comments!!! Trust me! But I liked your blog…especially this post! Would you mind terribly if I put up a backlink from my site to your site?
Very nice looking site. Also great post.
Hey I’m the newbie here, just wanted to introduce myself, I’m Ken.
This is a great post! I have checked in from time to time and I think I’m ready to participate and contribute with you guys.
I thought about starting my own blog about domain names but I’m glad I found this one instead.
Great Info! See ya.
Great read! Have a look at the website on my name, its great guide for investing in domains!
Really great post, well written, concise and comprehensive. Thank you.
Great site keep up the good work, I really like the layout and will be linking back to you from my site.
Very interesting site. Hope it will always be alive!
@Bootcamp sydney
Go right ahead! Your links are very much appreciated.
I totally agree that domain investing, if done properly, is a far safer strategy than most of what we would normally think of when we hear the terms “investment” or “investing”. Your argument about domains as a means of hedging against potential mass-inflation unfortunately may hold some water.
I found this blog through Google mate. I kind of liked the theme alot.
Are you a member of digitalpoint by any chance ??
I will be linking back I really like your site keep up the good work!
There is obviously a lot to know about this.
@Skinny Ties
No, I am not a member at digital point. Should I be?
Thanks, Fat Lester