The following is a guest post from my friend Joel who has been investing in domain names for years!
Chances are that when you read the term “domain name investing” you immediately have the following questions pop up:
- Umm [insert embarrassed pause here], what exactly is a domain name anyway? Do you mean like a website? (No)
- What in the world is domain name investing and why should I care?
- How would I go about investing in domain names in the first place?
My goals for this article are to show you that: A) Domain names have inherent value B) Domain names can potentially be a great asset class to invest in and C) Give you some practical guidance on how the domain name investing process works.