Today the U.S. capital gains rate stands at 15%. That means if you sell a business that you've owned for more than a year, you owe the government 15% in taxes -- $150,000 on a $1,000,000 sale. Obama wants to raise that to as much as 28%, though. So to net the same amount with a 28% rate as you do with a 15% rate, you'd have to ... Keep reading »
I've read several great things over the past 24 hours that, for me, all tied into the most important factor in making money online: just getting started. In what may be the best thing I've ever read from QuadsZilla, he writes yesterday: "How do I ride a bicycle?" That’s what I hear when people ask me how to make money on the web or to rank in Google. The best way to learn ... Keep reading »
Back in January, Sahar didn't agree with my advice in How to (Really) Make Money with Domain Names and wrote in response on his own blog: [T]here is gold in development, however, if you think it is better than domain ownership and PPC, think again, many times over. I personally am a believer that some of us are property owners, some are developers, some are deal makers, ... Keep reading »
When I started writing this, my first sentence was "The time for making easy money with domain names has passed." It didn't take me long to realize, though, that there never really has been any easy money in domains. Think it was easy to invest $70 each for domains back in the mid-90s when no one could really be sure at all that the Internet was going to be as life-changing as it has proven to be? Think it was easy ... Keep reading »
I added the Top Commentator plugin to this site a month or so ago. It automatically places a text link to the sites of the top 5 commentators in my sidebar on every page so that it's easy to see who's the most active here. Here's the kicker, though: despite the fact that I have an RSS subscriber count that I'm very happy with and despite the fact that the site gets very consistent traffic, everyone's apparently apprehensive about ... Keep reading »
Sahar points out something in a post today that you should never forget: if the price of a site is a hurdle to you, it was a hurdle to others before you, too, but you can succeed where they failed by being creative. This is particularly important if you, like me, don't exactly have a lot of cash laying around to invest in a business :)
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