I don’t need to share any recent sales data to show that the economy is impacting domain values.  I think the bottom line is that good domain names still sell for high prices, and average to below-average domain names are difficult to sell these days.

One thing is certain though.  No matter how difficult the economy is, nor what happens to currency valuations and/or fluctuations, domain name assets are stronger than many other assets, and they are very similar to land and precious metals, all of which are limited and have intrinsic value.

Regardless of what happens with the economy, precious metals such as gold, silver and platinum will still have value. They can be used as bartering tools (if necessary) and they can be used just about anywhere in the world.  Likewise, the best real estate is the world will still remain valuable.  You won’t be able to make a ridiculously low offer for a piece of land on the water in Palm Beach any time soon or ever because there will always be someone there with a better offer – be it cash or cash equivalents.

Domain names can’t be lost (unless you forget to renew them), they are difficult to steal if you are careful, and good ones are valuable just about anywhere in the world you go.  The Internet is one thing that binds just about the entire world, and it isn’t going anywhere.

Sure, people may be struggling to survive financially and things may appear to be getting worse, but as far as I can see, the impact is somewhat isolated.  I think some people need to spend less time watching the news and more time focusing on how to improve their own economic conditions. 

Fear is as dangerous as what is feared.

Choosing to buy a Mac instead of another PC was a difficult decision.  However, it was a decision I am thankful to have made because I love my Macbook.  In fact, I am working on MacBook #3 at the moment.  I am also thinking about buying a new MacBook because the one I have has been running a bit slow due to the additional software I’ve added on over the last year and a half.

Today, Apple updated and upgraded their consumer lineup of computers, including laptops and desktops. The price of a new MacBook Pro (using the Intel’s “Nehalem” Xeon processors) was dropped from $2,799 to $2,400 – a little over 10% off.  In addition, Apple also updated its iMac and Mac mini desktops.

If you are looking to update or upgrade, now might be a good time to buy a “Recession Mac.”