Quote:
Originally Posted by Rubber Duck
I tell you now where MJ sits on all this. The guy is not a domain speculator at all. His portfolio is self-financing. He is fortunate in as much as Finish will allow you to do this as the market is a bit further forward than most. It does, however, put him in a weak position to discuss risk as this is a foreign concept to him.
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Wrong. My 500 or so latins (finnish, swedish, danish, german, turkish?) pay the bills for themselves and the other 600+ (russian, arabic, chinese, japanese, korean) domains. In the beginning, I didn't have any latins, but I got tired of losing money on my portfolio and decided to do something about it.
Being a speculator doesn't mean that you need to operate in the red. In fact I could not continue to grow my portfolio to the size it is now if I only operated in the red. My goal is to make money, not endure personal pain and hardship.
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