In some countries like India most officials think that domain investors are extremely wealthy and registering a domain name will automatically make a person wealthy. One domain investor found that her retirement savings of twenty years were stolen by intelligence and security agency officials without a court order , leaving her without any money to tide over a financial emergency or cover daily expenses and the officials tried to defend their theft, saying that the domain investor still had the many domain names . It appeared that the officials who get a monthly salary from the government are extremely deluded and misled they do not realize that domain investor is a very risky business.
Any person can register a domain names, there are billions of domain names available and there are only few published restrictions on registering domain names. However no domain registrar is offering the domain names for free,they charge a registration and renewal fee, which the domain registrant has to pay if he or she wishes to continue to use the domain name. If the domain registrant will not pay the annual domain renewal fees, the domain registry will drop the domain name and any one else who is willing to pay the registry the domain charges, will become the new registrant. Since the domain registrar is charging a fee for a domain name, people will only register domain names which they require or will make a profit from.
Prior to 2010, online advertising rates were high, and many people could make some money from domain names, selling or parking them. However in the last 5 years, online advertising rates have declined to a very great extent due to increased competition and higher fraud levels. Selling the domain names at a good price can be difficult, as most buyers are only interested in paying low rates and prices of domains keep fluctuating . Developing domain names is an alternative, however it is expensive, time consuming and there is no guarantee of returns. Additionally large companies allegedly google, tata are involved in impersonation frauds on domain investors in India, falsely claiming fraud girlfriends and relatives of top officials, who do not spend a single penny on domain names are domain investors to get all these fraud domain investors , lucrative jobs with great powers.
So think of the domain investor whose retirement savings have been stolen without a court order, before investing in domain names.
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