When I told my friend Rob of my recent juicy domain sale that occurred (yes, for once I sold instead of bought!) he said:

“gosh, it almost sounds like your gambling in vegas with these domains.”

My dear friends, I have to disagree with that. Gambling is very different. 

Gambling is when you pay and in the process instantly either win or loose it all in each shot.

With domaining, if you are smart, you are left with an asset. The asset can appreciate or depreciate over time, with market conditions, and of course with proper development too.

The stock market is more like Vegas. Buying domains, or art, or antiques is not exactly like that.

I suppose to those who have not been doing it at all, from the outside, it does seem like gambling.

I don’t have or trade any stocks myself, because I know very little about it. It would be total guess work for me, and I’d loose money faster than in Vegas. But I am sure there are just as many folks who think they know what they’re doing and can manage the risk.

You know the expression “the grass is always greener on the other side”? Well I guess there should be another one that’s similar - “the activity always seems riskier on the outside.”