Rick Schwartz, the Domain King, is constantly buying but also dropping domain names all the time.
He shared a list of his purchases and also tweeted today that he dropped 100 domains from 1997 saving him $8,000:
“I dropped about 100 #Domains that I have had frm 1997 & don’t see it having value. $8000 over 10 years in fees. So bought 2 more #bitcoins”
The main point here is that you should always re-evaluate your portfolio. I dropped many New gTLDs saving a lot of money if future renewals. I also count my dropped domains as savings of 10 times the yearly renewal of each domain.
Here are some of his 2016 and 2017 acquisitions:
- Deplorable.com
- Deplorables.com
- BasketofDeplorables.com
- CampaignAdvisor.com
- NoOneCares.com
- FakeMedia.com
- YouAreFakeNews.com
- Zonked.com
- HotKey.com
- Boardroom.com
- Broadstaff.com
- RapidPop.com
- TurboPress.com
- FaceMovie.com
- BoldPrint.com
- SmartGlasses.com
- SmartDigest.com
- KitchenBuilder.com
- OrganicGourmet.com
- TravelKing.com
- HotelandSpa.com
- GtldDrops.com
- iCourt.com
- iFlirt.com
- JustHelp.com
- CommonSenses.com
- Benova.com
- Inverso.com
- Soozy.com
- Ulana.com
- Instacast.com
- Canteral.com
- WeddingToday.com
- Ritzville.com
- PrettyYou.com
- DailyCode.com
- DataStrip.com
- CodeWizards.com
- PersonalVideos.com
- Cybersquatter.com
- Bocahantas.com
- TileCleaner.com
- TotalShare.com
- SinglesGuide.com
- AssCoin.com
- LibertyMotors.com
i dropped 1500 domains this year and still dropping more ,all gtld
My goal this year was to drop 20% of my domains when renewal time came around.
I am pretty much on track….
Rick’s a smart investor, who knows the importance of pruning his portfolio on occasion. Domains are no different than other assets in that regard. The assumptions that we make when buying a name can change very quickly, so doing this is healthy.
And considering that he’s dropping names that are 20 years old, it’s a safe bet that many of those are dot-coms (not gTLDs).
Why didn’t he auctioned the domains instead of drop it?
Because he values his time more. So do I.
Anyone notice how HugeDomains gets some of your pruning drops?
HD gets everything…
Lol
My regret rate for pruning drops is extremely low, almost nonexistent, but there have been a few whoppers I regretted big time.
My regret rate is 0. I have no regrets .com. Actually I have one! 🙂
Which is? 🙂
Regrets .com!
You’re pulling my bear tail. (popeye laugh /)
I own regrets.com so I actually have one regret. ?
I would really like to know what these drops from the 90’s were if Rick is revealing that. Could be quite interesting. Every time I’m able to get a .com from the 90’s it’s always a nice one.
He said: “Ones with multiple dashes.”
Lol, oh in that case I’ll just thank him for *not* revealing them. 😀
AFakeNews? ?♂️
Amusing redirect on cybersquatter.com