Teen Makes $325,000 Flipping Domains

Serious money can be made buying and selling domain names.  In fact, a recent article in Forbes features a Connecticut teenager who’s made $325,000 in less than a year.

According to the article:

“It started last September, when
he paid $620 for the Internet
domain name qsd.com and, two
weeks later, sold it for $12,000
to a fellow domain trader, or
“domainer.” Since that first
investment, McDonald has grossed
$325,000 from flipping domains.”

Not bad, I think.

I’ve had a lot of success flipping domains as well.  Last month, I flipped more than $200,000 worth of domains.   It’s good to see others are making good money doing this as well.

Most importantly, this article shows that (despite the piss poor and getting worse economy) people can find innovative and fairly simple ways to make a fortune.    To read the full article go here.