New readers to the blog: Welcome! Please read What is this Blog About. It explains how I am an experienced ccTLD domainer, but completely new to .com domain investing. You may also like to read about My Domain Investing Journey So Far.
After my very first .com domain flip, I now have some moolah to invest in more names!
I was planning to move a lump sum of savings over into my domain buying account, to start ramping up my .com purchases. However seeing that my first flip happened rather quickly, I have a CRAZY IDEA…
I just turned $100 into $1250. It could be kinda fun to see how far this initial $100 can take me. What if I invested no more money into my .com portfolio, and relied solely on reinvesting all profits?
Could I continually reinvest the profits off this initial $100, and turn it into big bucks? Or will it get locked up in a number of domains, waiting for end users to come along? I don’t know, but it could be fun giving it a try.
How Far Could I Get with $100 Seed Money?
There are three issues that may make my domain portfolio growth slower if I stick to this $100 route:
1. I prefer to sell to end users only, not wholesale to other domainers. So there is a risk I could get stuck with a limited number of domain names and not be able to turn my domain inventory very fast.
2. I would rather not outbound sell my domains. Limited time is a big factor for me.
3. I will need to get another sale before I run out of my $1250.
But, it could be a fun little experiment, to see how far this $100 will take me. I could buy say 5 – 10 names and see how I go, hoping I get some enquiries or even buy nows if I list them in marketplaces.
Of course there is always the chance I will burn through the $1250 quite quickly buying names. However I can always bring in my lump sum later. I am intrigued to see how far I can take this $100.
I will of course keep you all updated as I go!
Cool Idea? Dumb Idea? How far do you think I could get? Be honest! Let me know!
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