dfgdfgfdg

During a brief visit to New York City, I had a chance to visit with a number of Epik partners and clients.  Power-Developer, Kenny Hartog, kindly opened up his home for a late night visit following DomainFest.  During a far-ranging discussion, Kenny asked me about stocks.   He was surprised to learn that I own no stock and no bonds in any public company.

Exactly one week ago, I posted in my blog that I detected an “inflection point” in the economic outlook. I further stated that the Double Dip in the US economy was already under way.   Looking at Thursday’s trading activity on the equity markets, I would say I got that one right — all 30 of the Dow Industrials were down.

The fundamental economic story is weak and getting weaker.  The available policy levers are not addressing the structural problem of unemployment in the Western economies. Beyond the troubling fundamentals, it is perhaps the technical story that is even more curious — something called the Hindenburg Omen.

To be clear, I am not categorically against stocks or bonds. In fact, I started trading equities when I was 12 years old.  However, from a market timing perspective, I find it difficult to make a case for why anyone would want to be long on public equities right now.

If your investment strategy requires you to continue to hold stocks, I recommend selling banks, insurance and consumer durables, and keeping energy, mining, consumer package goods, agriculture and telecom.  As for bonds, I don’t see how they go up materially from here.

So, with that, I offer my free and unsolicited advice: 

Sell stocks and bonds in August, and buy domains and websites in September!

Check out some of these confirmed low reserves for the September 16 live auction for income-producing websites:

Also, low reserves for developed premium sites that combine great domains with turn-key websites that are ready for entrepreneurial owners to take the businesses to a whole new level:

This is just a small sampling. There will be a total of 100 live auction assets, and 200 extended auction assets. Pre-bidding starts August 31, and the live event starts on September 16 at 1:30 pm PST.  More details at the Epik Developer Conference website.    Look for more news in the coming weeks as we gear up for this exciting event.


Comments (13)

  • Leonard Britt
    Twitter:

    August 20, 2010, 7:57 am

    The stock market of the last few years was brutal as numerous financials went BK, and many smallcaps plummeted 75% or more (I know of one smallcap which went from the high teens to about a dollar before bouncing back to about 40% of its former high). Seemingly cheap stocks became much cheaper as predictions of a second great depression seemed like a very real possibility. We have seen some recovery but many portfolios are still below 2006/2007 levels.

    Reply
  • Louise

    August 20, 2010, 8:04 am

    It IS exciting, and those are nice domains with great websites! The first column is just the domain? And the 2nd includes the website? Does the buyer get the option of staying with the website for the first column? Look at BeachBags.net: it has a page 2 listing on Google, makes $$, and is cheaply priced at $750.00. The new owner would want to stick with Epik, IMO! :)

    Reply
    • Rob Monster

      August 20, 2010, 12:33 pm

      @Louise – yes the reserve prices are for sale of the domain with the hosted website. And yes, BeachBags.net looks cheap — when it gets to page 1, will be money. See Bra.net. Now #1-3 on Google, consistently. Money. .net are fully development worthy. Oliver Hoger is buying as many as he can find.

      Reply
  • cw

    August 20, 2010, 9:15 am

    As I remind my friends (some who continue to stick their heads in the sand) the Dow was at 10,000 ten years ago. Flat performance you say? Nope. Due to a 25% purchasing power decline these past 10 years, your little portfolio is equivalent to ~7,500 today.

    The buy and hold strategy for late baby boomers and gen x’ers has been disastrous – but you won’t hear the MSM talk about that.

    Rob and Epik are hitting the nail on the head. Invest in a domain name that generates revenue, has the potential to build traffic, capture customers, and satisfy a demand. It works and it’s liberating.

    Try it, you might get hooked.

    Reply
    • Rob Monster

      August 20, 2010, 12:19 pm

      @CW – Right on. The idea of “domains as asset class”, and holding a portfolio of cashflowing websites is a lot less risky than it was say 10 years ago. Now a retail investor can own income-generating sites passively, and now how the businesses are doing on a daily basis without having to wonder which way the stock market will be manipulated on any given day. I sleep better at night knowing that I am (more) in control of my own destiny. At least with a casino, you can calculate the probability of winning or losing. With HFT controlling the trade, the retail investor is just fresh meat.

      Reply
  • Domain Sales

    August 20, 2010, 9:34 am

    You can wait years for a stock to go up 10 or 20 percent. Buy a simple domain name and flip it for 2 or 300 percent in a matter of hours or days, seems like a no brainer to me.

    Reply
  • todaro

    August 20, 2010, 9:40 am

    you just wait. once the fed gets mortgage rates down to minus two percent you’ll be able to buy a home at any price and have it paid off in forty years without ever having made a payment. prices will skyrocket. we’ll all be rich again.

    Reply
    • Rob Monster

      August 20, 2010, 12:25 pm

      @Michael – Rates won’t go negative. The dollar will be debased instead. Negative interest rates in NOMINAL terms are a fantasy. In REAL terms, interest rates are ALREADY negative. Money market at 2% and inflation is above that, and potentially heading much higher. I would not touch residential real estate either but if you can finance at 4.5% for 30 years, that sure makes sense to me.

      Reply
  • Leonard Britt
    Twitter:

    August 20, 2010, 12:52 pm

    Just curious where one finds the traffic stats & earnings for the domains/websites being auctioned above?

    Reply
  • Louise

    August 20, 2010, 12:53 pm

    That’s fine, because I have all the hyphenated dot nets, and the double hyphens! Except 3D–Poopie.com – Moniker shows it taken.

    Reply
  • [...] is what they call a Stick-save This is what they call a Stick-saveI have gone on record here and here to rotate out of stocks and bonds and into domains and websites.  I am sticking to this [...]

    Reply
  • [...] The Single Biggest Problem in the Domain Industry: Absence of Liquidity Since becoming a full-time domain investor/developer in March 2009, I have watched in disbelief as amazing names go undeveloped, and good names get dropped.  Savvy domain investors are expanding their portfolios while many domain investors play “lifeboat” with their portfolio, paring back to the high potentials and the existing money-makers. This is what recessions do — they compel efficiency.  And there is no question, this is one Mother of a Recession, and I stand pat on my assessment that it is not over. [...]

    Reply
  • [...] I was away on St. Lucia for a couple weeks and on a really crummy internet connection which made blogging very cumbersome. I did read with interest three articles from Epik’s Rob Monster: The Quest for Recurring Income, Explaining Domains as an Asset Class to Finance types and Called it: Sell stocks and bonds. Buy domains and websites!. [...]

    Reply

Add comment

Add Comment

Categories

Archives


Quick Links

Manage My Domains

Register New Domains

Pre-Order The New gTLDs

Domain Name Marketplace

Contact Us

 

Legendary Customer Support

425-202-5160

my domains

Manage My Domains

Domain Registration

Pre-Order gTLDs

Add Domain(s)

Domain Profiles

Expired domains

WHOIS

Backorders

Backorders

Watchlist

Transfers

Transfer Into Portfolio

Transfer To Another Registrar

Get Transfer Status

Transfers Concierge

Pushes

Outgoing Pushes

Incoming Pushes

Hosting

Web Hosting

Dedicated Servers

Email Hosting

Site Builder

ready Solutions

eCommerce

Job Boards

Recipes

Real Estate

LeadGen

Domain Marketplace

Services

Web Design

Web Development

Logo Design

Domain Escrow

Domain Appraisal

Domain Financing

Payment Processing

Domain Marketplace

Marketplace Home

Bargain Domains

Daily Diamonds

Premium Domains

Premium gTLD

Registrar Pending-Delete

About Us

Company

Management

News & PR

Blog

FAQ

Contact Info

 

Legal

Terms of Service

Refund Policy

Registrant Rights


Domaining site recommended by Domaining.com

Copyright © Epik LLC. All rights reserved.