The idea about what an investment is depends on who you ask and what areas they are involved in. For Wall Street types on the consumer end, investing is offering stocks, mutual funds and other retail investment products. For digital asset investors who buy and sell websites, apps, Amazon FBA, and other going concerns, it’s a whole different world out there.
Let’s look at whether you can make money buying and selling websites to understand the profit potential and investment capital required to get involved.
The Buying Side
For investors who are looking for a higher return, the often-touted 50 percent annual return is quite possible in digital assets like websites. Unlike other investments where high returns usually require locking up the investment capital for years at a time (venture capital), this isn’t the case with websites where they typically throw off copious amounts of cash
Is There Money to Be Made Buying and Selling Websites?
With a lot of people working hard to pay their bills, and often having no money left over for personal rewards, let alone substantial savings, putting extra money into savings can be a tough task to fulfil. However, it’s important to remember that even the tiniest amount — even if it’s $5 a month — will all eventually add up, and be better than nothing. Here are 4 tips to get you started on a better savings path. Get Out of Any Debt First There is no point planning to put money into your savings if you have a backlog of debt, no matter how small. Although any form of savings is a positive, it’s much better to use any extra money to clear debt in order to get straight with your finances and avoid paying extra due to interest charges. As soon as debt is cleared, the monthly amount you usually pay in minimum debt payments can then be a bonus for your savings pot. If any de 4 Tips for Increasing Your Personal Savings
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