Buying Sites Instead Of Stocks

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imagenesis said:
No offense, and dont think this is coming from a noobie, but I think half of your posts are personal ego boosting BS.

As to the thread topic, I would research both before making any big investment. You should always be in control of any type of investment.
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LOL

No offense taken. I simply said I AIM, never said I actually made that.

I actually quit playing around in the stock market when I starting owning my first site, although options trading is definitely something to look at when considering entering the stock market.

If you have a specific post you'd like me to explain why its not personal ego BS, please hit me up with a url :)
 


I would suggest the following, if you have not already done so:

1) Start with Emergency Funds. 1-3 months of living expenses put away in a seperate savings account for when the unexpected happens.

2) Once that is done, invest your money into whatever smart investments possible. This can range from stocks, real estate, web property, land investments... Anything that appreciates in value. Try for both the long-term/short-term. The more places you put your money, the higher rate of success you have for any of those to give enormous returns!!!

3) Lastly, never look back. We all wish we could have taken as many loans as possible and purchased all of the great .com's in the early 90's. Yes, even me, and I was 6 at the time... But unless we build a time machine it aint gonna happen. :)

Hope this helps,
 
Rather than buying existing sites I always believe one should start his/her own. All you need is a GOOD IDEA. It's cheaper to hire an agency or freelancers to do a custom site to your specs than to buy one already made to someone else's specs. Just because a site is making money NOW, doesn't mean it'll still be making money in a year. You generaly need to know what you're doing pretty well.

So go and sit on your ass, with pen and paper nearby and think FOR YOURSELF (or brainstorm if you prefer that term) until you come up with a good enough idea (you'll get the hang of it after a while).

That doesn't mean that if you see a good site you shouldn't buy it, especially if you have ideas on how to make it more profitable.
 
mhdoc said:
As a former real estate investor the part I like best is if you decide it is a mistake you shut the site down and it goes away. No contingent liabilities, no EPA lawsuits, and no exposure for being in the chain of title.
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Damn, I am a REI also what kind of properties do you buy where you have to be worried about the EPA? I buy houses all the time and the cash outlay is really not much different than buying a website. As long as you buy right your straight.

Then again I never bought a house to rehab in the ghetto or havent done any commercial deals but commercial is the only thing I could think of that the EPA gets involved in. And why would one be scared to be on the title?
 
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