Everyone seems to think that my lifestyle and income has been hit hard with the current recession… but truth be told, if anything it is booming.
I don’t know the economical reasons, but a lot of people tell me they now use the Internet to find deals, as they need to save those extra pennies.
In fact, the only website owners I know of who are struggling, are those in the real estate industry.
So this begs the question… can owning websites be a useful acquisition during the recession?
I believe it can do.
More specifically, I think you should spread your investments around, and websites should be just one of your portfolio.
That said, if you only have the funds for one or two investments, then I would strongly consider websites.
Afterall, most websites require almost no running costs, so when times are hard, you are not paying rent, staff, bills etc…
They can often be automated, so they won’t use up a big chunk of your time.
Unlike stocks and shares, you can start earning from websites from day one, so it may be that extra cash required to get you through the months ahead.
All in all I think buying a website would be a great investment, and there has never been a better time, afterall, many people are selling their sites right now… which I think is a huge mistake, but nontheless, it is happening, and that means there are some bargains to be found.
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