January 16, 2008
By Khalid
Posted In
Business, Domain Names, General, News, Transactions
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The last of the 4 L’s
Although this information may be slightly dated, it is important to recognise a good opportunity when you see one. Recently, all possible combinations of four letter .com domain names have been registered, resulting in webmasters trying to get their hands on a piece of “history” before they become far more valuable than the current asking price ($50 upwards).
If you think about 3 letter .com’s now being sold for, say $5,000 upwards, what will the future hold for 4 letter domains? In a post made by Tyler Cruz recently (successfully internet entrepreneur), he backs the idea of purchasing domains as an investment for the future…
“The best and easiest advice to give, though, would be to invest in domains. While I didn’t have much money back then since I was only working a part-time job, if I knew then what I know now, I could have invested $5,000 into domain names and sold them today for $5-$10 million – no exaggeration on those numbers, either.”
Perhaps it’s time to buy…before it’s too late.
