It is a misconception that you will need a lot of money to buy a good website.
For example I’d like to think that Financial Jesus. although small, is a pretty decent site - currently it makes me about 1200 dollars per year.
How much money do you need to buy a website that generates 1200 dollars a year?
Well, the answer is – only 1200 dollars.
Yes, it’s true! The average market price for a website is about the amount of money that the website generates in a year.
This means that you will get a 100% return on investment in 1 year. You will have all your money (plus the website you bought) back just 12 months after starting.
Unlike buying stocks or investing you won’t have to wait for the dividends to come or when the prices go up. A website will start making money immediately.
If you own a credit card you can easily use it to purchase a website and pay back the balance in less than a year.
Let me ask you this – when was the last time you used your credit card to make an investment and to get more money instead of just spending the money you don’t have?
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