Milton Young dot com

Got a little extra change? Invest in a website.

November 9th, 2007

I was reading a pretty informative post by Yaro Starak of Entrepreneurs journey and thought I’d share a few quick thoughts on it.

Buying and selling websites is very much like real estate in a sense that you own the property, it has a value (that value being whatever the market is willing to pay for it) and it can bring in residual/passive income monthly.

It’s also important not to have more money than you need sitting on the side because your money has a potential to make more money on it’s own. This is why the richest people have a lot of money in investments, and one of the reasons why the rich stay rich.

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