Benefits of Buying an Existing Website

Recently, I told you my reasons for not buying existing websites.

There are two sides to every issue which means there are also good reasons for buying existing websites.

Before I get to that, a little back story.

Today a reader who I’ve had some back and forth with pointed out that Tesla stock recently hit $2,000 per share.


I considered buying Tesla stock in March when it was under $400.

Had I done that, I’d have quintupled my money. That’s a 5-bagger inside 6 months.

Instead, I put my money in index funds that have risen nicely since March, but not anywhere near the 500% gains Tesla shareholders enjoyed.

And yet, I don’t regret it and here’s why.


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