Your best bet is to do the domain thing suggested earlier. Find someone selling a few hundred domains, cherry pick them, buy in bulk for $50 - $250/each depending on quality, and flip them at auction. Or get on snapnames.com / pool.com and do the same thing at a better price with more profit potential.
Be advised. If you don't know what constitutes a decent domain in that price range, don't even bother.
I can put you in touch with a guy I deal with who regularly sends me lists of domains. At the moment I'm not buying anything, and I'm sure when that changes I'll get first pick.
Investing $5,000 is a smart move that in the long run can provide a large return. However, there are many things to watch out for, especially fees and expenses that can quickly eat up a $5,000 investment. A smart move now can provide a nice reward in the future.
Step 1
Determine the purpose of your investment as well as the time frame and your risk tolerance. This is necessary to provide some direction in choosing your investment. If you can't afford to lose any of this money, then you have a low risk tolerance and should choose safer investments. Same thing if you will need the money in the short-term time frame of the next 2 years. If, on the other hand, you won't need to touch the investment for several years and can stomach some ups and downs in between, the riskier investments often have a higher return over time.
Step 2
Research investment accounts. Once you've determined what investments are appropriate for you, determine how you will purchase your investment. The most common nonretirement way to purchase investments is via a brokerage account. A brokerage account is an account with a financial institution that allows you to buy and sell investments with the monies held in that account. Many companies have a minimum opening balance, so be sure that your $5,000 is enough. Also, many companies charge some sort of monthly or annual fee for accounts with a balance below a certain amount. Be sure to avoid these accounts. A $50 fee represents 1 percent of your account value, and that is before the costs of purchasing your investment.
Step 3
Research nontraditional account options. There are many ways to invest other than with a brokerage account. These include DRIP programs, mutual funds bought directly from the mutual fund company and programs such as ShareBuilder. With DRIP programs, you purchase shares directly from the company, and the dividends paid on those shares are reinvested in the company stock to give long-term growth in the number of shares. Mutual funds are sometimes sold directly from the fund company themselves. This may allow for a lower minimum balance and fewer expenses. Vanguard and Fidelity are popular mutual funds that offer this. Finally, ShareBuilder is a program that allows for low-cost stock purchases and reinvestment of dividends. Unlike a DRIP program, you can hold multiple stocks in ShareBuilder, though each transaction will carry its own fee.
Step 4
Open your account. Regardless of which route you take, you will need to fill out some paperwork to open the account. Contact the company that you have chosen to do business with. In the case of DRIP programs, contact the company whose stock you want to buy.
Step 5
Purchase your investment. Contact the company that opened your account to inform them of your instructions. For some accounts, you may have included the instructions with your application and therefore don't have to do anything.
If you haven't already, send us your best 20 domains, along with your net $ reserve to [email protected]. Submission deadline is June 12th.
Confused about which auction event to submit your domains to? Cybernet or interNEXT? SeizeTheDomain encourages you to submit to both events, as the auction dates will not cross over.
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Alex Richards - ICQ #445801946 - sales @ seizethedomain . com
I would pick one site (perhaps the one you bought) and invest in that site. Redesign it, make it SEO friendly, buy hardlinks for it and most off all put a lot of time in it.. What kinda site did you buy?
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