It’s the $64,000 — perhaps million dollar — question most domain investors ask or ponder from time to time when purchasing and renewing domains.
If you’re a domain investor, and this question hasn’t crossed your mind, then you’re likely wasting money, time, and effort calling yourself domain investing.
With almost a decade of domain investing under my belt now, I’ve learned the importance of answering this question and operating my domain investing business to strict adherence of strategic timeline for each and every investment.
All domain investors should know without a shadow of doubt how long they’re willing to invest in a given hand-reg, expired domain, or 3rd-party purchase.
While there’s not a silver bullet answer, tune into the latest episode as I provide best practices and guidelines — based on my experience — to help make the most of your domain investing experience, and hopefully help to minimize cost and risk while aiming to legitimize and realize consistent domain investing profits.
Big mistake to think a domain is sellable in a couple of years. People should look at the whole portfolio. If it is profitable each year that is the indiction to keep, if it is not drop all/most of the names.