I’m always searching for new ways to make money and regular reader, Joel (aka CreditCardChaser) provides some very unique insights on a new asset class, domain names! I remember back in 2000, Korea.com was sold for $5 million bucks to the government and I thought gosh dang! After reading this article, hopefully we’ll all have our own success in something so potentially lucrative. Enjoy! Sam-urai
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.
Domain Name Definition