When I’m not investing in domains, I am investing in stocks and ETFs. Currently I am building a fairly solid position in oil. A couple days a week I will simply search the keywords “oil price” on Google and one of the first sites that always comes up is Oil-Price.net. My first impression of the domain wasn’t necessarily a positive one and it automatically made me think that the resource might not be dependable for what I was looking for.
After browsing the site for a few minutes, I was confident that the information it provided was not only dependable, but accurate as well. The two things that matter to me when I am investing in oil is the current price per barrel for WTI Crude Oil and the current price for Brent Crude Oil. These two things are crucial for me. Although I am investing for the longterm, it’s always good to know this information so I can make an educated decision for that particular day.
Who would of thought that a hyphenated .net would actually provide such insight!
Make sure to check out my daily list when you have a chance!
Some people like to say that online businesses are not real businesses. I can agree to disagree to that statement. It’s hard for those same people to invest in something that isn’t tangible. As domain investors, this is something we understand and although we can not physically touch a domain, we tend to enjoy investing in them.
The same mantra goes for stocks. Yelp and Twitter are .com operations, which are heavily dependent upon a loyal community of users. The users which are active on these sites, enjoy participating on them. Who would of thought that a tweet could actually be commoditized or a review could be converted into cash?
There are a lot of similarities to these two sites, but the latest earnings report isn’t one of them. Lately, Wall Street has struggled to truly understand that there is more to an online business than just the money. If the average investor were to take a look at both Yelp and Twitter they would probably wonder how in the world these two operations actually make money.
This is exactly why investing in an online operation poses greater risks than investing in a brick & mortar operation. I’m only saying this because it is a lot easier to understand a business you can walk into, then one which simply presents itself within a web-browser or app.
This could be one of the reasons why Yelp, who recorded an annual profit for the first time suffered after-hours. As I type this Yelp’s Pre-Market price is $48.80 down 15.09% from yesterday’s closing price. They might of beat expectations, but investors are still struggling to understand what they are actually investing in.
Twitter on the other hand is benefiting from a decent Earnings Report. The stock itself is up 11.49% and is currently trading at $46.00 in pre-market. Twitter has already been yelped a number of times in the past and this time around they actually shocked Wall Street.
Earnings Reports are always fun to watch, but seasoned investors tend to avoid investing before an ER because of the wild fluctuations. Congrats to those of you who invested in Twitter before the latest ER! You should do pretty well today!
For those of you who rather invest in domains, make sure to check out my latest list here: http://www.jasonthompson.co/my-godaddy-domain-name-aftermarket-list/
First, I want to thank those of you who have inspired me to continue on with the daily lists. It’s been fun and I plan to continue on with the lists, but just in a different format. After discussing things with Francois, I am moving my list to a new section of my blog.
You can find it here: http://www.jasonthompson.co/my-godaddy-domain-name-aftermarket-list/
I never paid Francois to post my list and it was new news to me that there are some blogs that are actually doing this. My goal of writing this blog entry is to provide full transparency. I don’t make enough off the list for it to make financial sense for me to pay to post it. Creating this list was never driven by money, it just so happened that on particular months some of you felt my picks were good.
I do this because I enjoy it. I could care less about the monetary aspect, although it is fun to see how well I did at the end of the month. I want to personally thank Francois for giving me the opportunity to do this in the first place. I’m pretty sure I will pay-to-advertise on domaining.com some time in the future, but it definitely won’t be for the daily list.
I am also debating on emailing the list as well, so if you are interested in this feel free to opt-in at the top right of the blog! From now on, I will be posting the list on the page that I provided above! Onwards!