Domain Names that make Money during a Recession Part 1
A way to personally grow in a down economy
This is the day where Logic wants to share what and how to grow. You might need to grow your business? You might need to grow your household income? This investment strategy is not a get rich tomorrow idea and it is not investment advice. This is what Logic is doing and why Logic and other friends are doing it now.
Logic has a war chest of great Domain Names
Reading the news papers lately and watching CNBC the global financial news channel Logic sees that the economic recovery is going to take some time and if you are an investor then you know that the timing is coming nearer to buy into everything for less as we begin seeing lows around 2009 late to anytime in 2010, 2011, but then in 2012 if you are not in your investments Logic will say you clearly missed the bottom of most markets.
Here is how Logic looks at a recession
Do you make the same money today as you did a year or even two to three years ago? If you answered yes then you are headed into the personal world of stagflation. We as individuals do not need the government to tell us we are in tough times. Though after watching those economic indicators since 1983 even Logic realized the best indicators are right under each of our own roofs.
What one needs to review and be honest about is our own personal financial situation. Let even say that you are making a little more money today then you were 2 or even three years ago. Are you having to meet a larger quota to earn your pay? Are you working more hours per week then years ago?
What is Stagflation?
It is a slowing of the economy, and this occurs when there is no growth (look at your pay checks growth) yet the cost of everything from food, gas maintenance services, other services, health-care, and anything else you and I can think of rise. If you are spending more for the same items at the grocery store or more to fill up your gas tank then welcome to stagflation.
Stagflation will tighten every belt in the world
Stagflation is worst thing that can happen to an economy like America’s because we are primarily a consuming nation buying and consuming more today then ever in our history. This is because our country produces very little in the way of manufacturing and thus, stagflation is going to prevent us or require us to spend less on everything we want to go do like vacation or buy like a candy bar or an LCD flat panel television. Yes knowing and being and American myself Logic will still by that candy bar, but it might be the generic one instead of the exotic one. As for that new LCD TV it will be a 32 inch instead of a 50+ inch one.
Reduced Spending causes a rise in Unemployment
Looking above we are still spending, but buying more items on sale, and buying smaller versions of the items we do buy creates a limited growth for those manufacturers and for the sales outlets. These producers and sellers begin to reduce employment demand and across the nation and the world there becomes and even less demand for the current number of existing employees and in fact because of this deduced spending by us all as the masses there will be no employment growth. There will still be those people entering the work force for the first time at the same high rate each year.
Control your future financially starting today
This is not going to be a great time for those will for go say a vacation be it personal or as a family. You might even start packing a lunch or having only one dinner out a week to mention a few ways to gather enough money to join Logic and friends in the domain name investment world.
There is no doubt that for those willing to redirect their spending, the price of a few meals out for dinner that you are certain to have a better chance at gaining a financial future offsetting at least the rise in cost we are seeing in our daily spending habits.
Look into a domain name like Logic owns, and this can be done
We thought we would just pick a name at random from our vast domain name portfolio and turn it into a profitable online revenue stream. This way we will have an example of a real case scenario to look inside of the domain name investment world. We are going to select ValleyCafes.com from our portfolio here ViperNames.com cafe domain names where we selected this name from the coffee and cafe category.
Tomorrow Part 2
We are going to utilize ValleyCafes.com and build it into a money maker sharing this technique with you so you can go out and begin having an income stream of your own.