Showing posts with label internet. Show all posts
Showing posts with label internet. Show all posts

Saturday, March 14, 2009

Are Domains Names the Best Investment?

With the economy struggling, stocks plunging, and the real estate market filled with foreclosures, everyone wants to know where they should put their money? Is it time to get back into stocks? Has the real estate market hit a bottom? Is your savings account the best bet? How about high paying dividend stocks? No, No, No, No. The place you want to put your money is in internet domain names.

Domain names are simply the website address. For example, ESPN.com, ebay.com, money.net are all domain names. The internet is growing at a rapid rate even with the decline in the economy. However it isn't even close to reaching it's potential worldwide. Developing countries are finding ways of providing internet access and affordable computers to even the poverty ridden regions. China, and India only have an extremely small percentage of their population on the net. We're not even close to reaching the potential internet population. Within the next 5 years or so I highly expect this to all change.

You can find a good amount of information on domain name investing if you are a TeamEarners.com member. More information about TeamEarners can be found at TeamEarners Forums

Anyone can purchase domains names for under $10.00 at sites like Godaddy.com, NameCheap.com, Dynadot.com etc. If you were to begin investing, I would suggest sticking with ".com" domain names as these will always be the most valued extension.

Wednesday, March 4, 2009

Globalization of the World Economies: Is it avoidable?

There has been a lot of talk recently about Globalization and whether it is helping or hurting the economy in the United States. People asking this question, and especially those who have been criticizing America's steps towards globalization need to take a step back and look at things from afar.

We are living in the age of "information". Anyone can communicate with people accross the world instantly through emails, instant messages, or video conferencing. For those of you who believe that we should try and prevent the spread of globalization, please explain to me exactly how you do this? Do we prohibit emails? Do we shut down international trade? Do we close the door to overseas innovation? Do we disallow internet access to everyone in the country? Do we ban the use of Online E-currencies and Payment Processors? Absolutely not. Without doing this, globalization will continue to spread and there is nothing we can do about it.

The United States is based on Democracy, not Communism. We are allowed to invest our money internationally if we believe certain foreign companies are good investments. Globalization is here to stay whether you like it or not, so live with it.