A Time Like This….
This is probably one of the great times of opportunity in our generation. A great time to be young, a great time to be a domainer and a fabulous time to have cash in hand. If you have some cash that is not committed to any emergencies, then you may be able to rewrite your economic history in a couple of years. The .com bubble of the 90′s left a lot of people broke but it also catapulted some people beyond there wildest expectations.
We are at that crossroad again. Let’s say for the purpose of this discussion, you invest 10K in the coming weeks in one or two well researched names. These names or name will be able to fetch you approximately 50K each in the next five years. 5 years from now, domains will be bigger, the recession might be as gone as disco. The best part of it all is that you would have bought real low catalysed by the current economic climate and sell at sunnier times coupled with the increased value of a name then 5 years older.
Opportunities are there for everyone. The big boys will sell some of there lesser premium names to the mid rangers in order to consolidate and buy even better names or real estate or even banks. the mid-rangers will sell most of there premium names, to buy the names from the big boys and so it trickles down the chain.
Also in this times, some lucky domainer will hand-reg the catch phrase of tomorrow and his is another story. (Here is to hoping MaxedOutMoms.com makes the cut)
America will survive, she always does.
Things will be good again, it always does. Remember we are the country in who’s currency is minted ” In God we Trust” All we have to do now is pray it, and believe it.
