Domain Name News Portal
100% Domainer-Powered Content
Whether you’re buying and selling stocks, options, futures or domain names, the biggest mistake is to make decisions based on greed and fear.
Send PM
3 Comments
Tell a friend
Bury
Whether you’re buying and selling stocks, options, futures or domain names, the biggest mistake is to make decisions based on greed and fear.
Send PM
3 Comments
Tell a friend
Bury
Comments
Signature File & Avatars Available For DNHour Members Now. Link Your Sig File to Your Site Or Blog!
Great post! One advice is to buy $1 at 50 cents or less. That is my first rule of investing. If you found investments, may it be domains, stocks, properties, etc at anything below the market price, then grab it. You wil immediately make money at the time you buy because it is undervalued.
You may think "Yeah rite, easier said than done!". It is definitely not easy but if you did your due diligence in research work, you will find a gem or two. The difference between the succesful guys and the mediocres is that they work harder and smarter.
If you digged for gold in 100 places, everyday, you will let the law of "large numbers" work for you. The Chinese has a saying that if you threw a few grains of rice against the wall, none will stick but if you continuously throw handfuls of it, a few will!
TIP: Search out for undervalued domains EVERYDAY, in the forums, at the secondary marketplaces, etc and make those offers to buy. The sheer numbers will work wonders for you and by the end of the month, you will add a few undervalued gems to your portfolio!
Al.
Thank you for your comment, that's excellent advice, especially for someone who's starting out with a small budget and needs to raise capital by buying and re-selling.
In fact if you could post your comment on my site as well, I'd appreciate it. I'd like my readers to see it.