***UPDATED BY ELLIOT***

I suppose if you make risky investments, you have a good chance of failing. They and others got very greedy and that’s what happens. The more you have, the more you want, and if you do things that are more risky in an effort to earn more money, you run the risk of getting burned.

I wish all of those people who spent thousands of dollars buying .mobi and .whatever luck with their investments. Know what you are buying and ask plenty of questions.

***UPDATED BY ELLIOT***

Historically gold has been a bad performer. Gold was worth more in the 1980s than it is today (if you take inflation into consideration). It had a price of $675/ounce in January of 1980 and today is around $850/ounce – down from highs of $1,000 +/-. I personally maintain a diverse portfolio of domains – developed and undeveloped, real estate, cash, some gold, and some stocks/funds.

I would drop names that don’t generate revenue and wouldn’t make good development candidates. No sense in keeping domain names that won’t ever be worth more than the registration fee.

BUT many companies are still paying good money for domain names. Speculation on high value names is down, but there is still a strong market for good domain names.

I am not liquidating my assets nor anything even close to that. I am buying less but not selling more than I need to sell.

I’m just going to add all the cudo’s from the above posts. I really appreciate your posts and your willingness to open up about what you are developing.

Your recent post about minisites prompted me to invest in Xsitepro and produce my first website verses just parking which is a losing cause for a low value domainer such as myself.

I will say that my predictions for 2009 are more hopeful in nature. My thoughts are that your future is what you make it. There may be less sales in domains, (I just had my first in December) but I figure that there must be a way. As long as I am drawn to these domains, I can only improve… I love this developing thing. I guess I will just keep working at it. First time in my life that work doesn’t feel like work. I’m told that this is a good thing.