3 Types of Real Estate : Physical, Business, and Digital - Domains are King
3 Types of Real Estate
physical real estate |
Property/ land/ buildings |
business real estate |
Wall Street stock |
digital real estate |
Domain names |
physical real estate
Property/ land/ buildings are a decent investment, but there are many properties in a geographic vicinity (not truly unique) & monopolizing this type of investment is expensive. The housing-bust across the US makes this option look worse long-term. This market is also tied closely to the US Dollar, since the physical real estate is located within the United States.
business real estate
The stock market has a very questionable long-term outlook. The NY stock exchange has the US Dollar @ its center. This market may get bad as countries increasingly avoid the dollar, because the Federal Reserve lacks oversight. Monopolization of this real estate is only possible if you own the whole business.
digital real estate
Domaining (buying/selling domain names) is the future of investing since domain name ownership truly ensures long-term value on the international market (regardless of if/how/when the US dollar collapses). I look at it in terms of “real estate” (ownership in/equity).
Domain names are 1 of-a-kind “real estate” that is traded in an international marketplace + concepts can be monopolized. Furthermore the first programmers of the internet based everything out of English & due to path dependency (refer to Wikipedia) English is the Official language of the internet forever (ensuring exponential long-term returns). Domains only became widely available at an affordable price about 2-3 years ago. The market will grow exponentially & your “real estate” shares will never be tied to another other business parties except the trends of society.
WHICH DOMAINS TO BUY? Research trends to determine possible business models for the (future) information economy. If the model seems to have potential, buy all of the relating domain names (monopolizing a concept), and maybe build a basic website to increase exposure/ potential sales. Domain names cost about $10 year (http://www.moniker.com). If u check for availability BUY it right away, because the domain companies snipe user queries.
Having trouble finding a name that’s open? Plug your words into this formula.
October 29th, 2008 at 6:03 pm
I came across your site while I did a search on Google for build a home internet business and your article on of Real Estate : Physical, Business, and Digital - Domains are King | Austin Wheeler Mindspeak was informative.