Day Trading Websites
This article about the success of some website traders is interesting.
Davis says he generally holds on to websites for at least a few months before flipping them. Sometimes, though, the process is much quicker like the time he bought a forum about day-care centres for $US1500 and sold it six hours later for $US3500.
“I used to make my own websites and sell them, but then I realised, hey, this is much easier than making them,” he says. “It’s as simple as buying a website from someone and making it more attractive. It’s about creating value where there was none.”
