I received an email today from a reader that was about domain investing.
Hi, Raymond
Big fan of your blog, but one thing has always stuck in my craw…buying domain names is not investing, rather it is gambling. Why do people like Schwartz and Silver and several others call it investing?
This is something that has been brought up from time to time over the years. I thought it would be interesting to see where everyone stands on the topic of domains as an investment.
To take the straight definition of investing we have:
expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture. “getting workers to invest in private pension funds”synonyms: put money into, provide capital for, fund, back, finance, subsidize, bankroll, underwrite; More
I have always thought of domain names as a hybrid of investing and gambling.
Leave your opinion in the comments.
Domaining – Investing or gambling? Investing Gambling Hybrid of both
