I get pretty frustrated when thinking back to the days of seven-figure domain name sales. However, I was only a little kid, but still, I spent hours on the computer playing Descent II with my friends. Oh yes, those hours could have been spent convincing my parents to help me buy domain names like cd.com, tv.com, local.com, interact.net, isp.net, and other incredibly valuable domains. Sadly, other people got to them first, making millions very fast.
Some who fail say that the time to make money in domains is over. They are wrong indeed, as the wealthy domain investors are still buying those domains that will have permanent type-in traffic. Traffic equates to so much easy money that these people don't even develop websites to maximize sales potential. The key concept is to buy the names with traffic, and redirect them to a Pay-Per-Click system that will display PPC ads and pay the owner a percentage of advertising earnings from visitor clicks.
I've picked up a few decent type-in traffic domains such as ecommerc.com, but I simply don't have the money to invest in the names the big dogs are buying. If you have some extra money, I suggest that instead of risking it in something like gambling or trading on the foreign exchange, you should study up on domain speculation, and get started.
You'll probably have to spend thousands of dollars on a wise domain investment, but the return on investment will last a lifetime; or else you can sell it in a couple years for a great profit!
Ian Mason, owner of OPAffiliates.com, your source for Online Pharmacy Affiliate News and revenue generation techniques.
Ian studies health, weight loss, exercise, and several martial arts; maintaining several websites in an effort to help provide up-to-date and helpful information for other who share his interests in health of body and mind.
Contact Ian Mason by e-mail at firstname.lastname@example.org.