October was a pretty mellow month for me both on the buy and sell side of the business. I only acquired three domain names which is without a doubt the smallest number of domains I’ve added to my portfolio during a month since I started out investing back in 2013. I’ve sold six domains during October of which five to other investors and one to an end-user and I dropped a whopping 349 domains.
Here’s a snapshot of my Efty cockpit giving you some insight into my performance as a domain name investor each month.
My Efty cockpit as of November 1st
As I wrote last month I decided to drop the majority of the LLNN domains that I acquired last year. I owned about 400 of them and decided to only renew those with the best possible letter and/or number combination. I’ve lost a good amount of money on my LLNN speculation but I did make a profit on the Chinese market overall when considering my 4L, 5N and 6N sales earlier this year. I will be dropping some more LLNN.com and 4-letter .Co Chips this month which will bring my investment in the Chinese domain name market back to pretty much zero. I still own a good number of 4-letter .com’s but they are all brandables such as Jibl.com, Olki.com and Irso.com. I also own about 20 3-letter .Co’s but I’ve always considered those smart investment for end-users sales and acquired these way before the Chinese market was even lukewarm.
As always I will be sharing some of the month’s acquisitions and sales with you guys and I hope some of you will do the same in the comments!
InvoiceHero.com – I keep buying names with my all-time favorite suffix: Hero. I own exactly 50 of them now and InvoiceHero.com is the latest addition to this collection. I like this name for an accounting software company or perhaps a web-based personal financial management service such as Mint.com. Bought at GoDaddy auctions.
WhoisPanda.com – This one caught my eye when I was scanning a drop-list, something I hardly have time for these days. I think it’s common knowledge that I like animal names and when I saw this one I thought it would be a nice name to develop into a Whois lookup service. Planning to keep this one and hopefully develop it one day.
Rise.co – My favorite acquisition of the month. I’ve been on the lookup for short, premium, one-word .Co domains for a while and I was stoked when I had the opportunity to acquire this name which was previously in use by a cloud hosting business. It is in the top 10 of most expensive acquisitions I’ve made as an investor but I am confident this name will still bring a solid return. I received two inbound offers on it during the first week I put a For-Sale landing page up on the domain.
Four 4-letter .com – I sold DTPV.com, VMSE.com, AZLJ.com and NDLU.com in separate no-reserve auctions on NamePros.com. The average sales price was $284 per domain. I purchased these names on NamePros.com as well back in June 2015 for around $85 per domain. These were the last 4-letter acronyms in .com that I held that weren’t brandable (ie – pronounceable).
One 3-letter .Co – I also sold OML.co on NamePros because I wanted to test the liquid resell value of these type of names. It sold for $180 which I think was cheap. I still own about 20 other 3-letter .Co which I probably will hold onto. I sold two of them to end-users over the years.
AceTheInterview.com – My only end-user sales this month. It was a rather small sale at $1,200 but I was happy to let it go at that price. I initially had plans to build it out but I have just been too busy lately. I bought the domain for $210 at GoDaddy auction in April this year after seeing it on DomainShane.com’s list and I wrote about that here.