I answer this question at least a dozen times a year when asked what I do for a living and answer that I’m a Domain Name Strategist and Investor.
Most reply, “Oh, domain name squatter, huh?”
Which then leads us down the domain investing education path of the difference between a squatter and investor.
And without fail, I always share the parallels of physical to virtual real estate comparison while driving the point home typically using the person’s residence as prime example.
By then, the light bulb is on for most and they began to understand just how foolish their assumption exposed their lack of understanding and knowledge.
But then are those persons who take it one step further and say, “Well, you should just play the lottery if you going to speculate on domain names.”
Which this comment allows me to further explain the difference in spending versus investing.