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I’ve recently been purchasing some domains names to build up my portfolio from which I can generate income over time. This could be from selling domains on for a profit, selling advertising or generating income after I have optimised them, pushed them up the search engines and they are then receiving traffic.

I have been using Godaddy Auctions to buy my domain names and have also been using the excellent tool, Domainface, to study potential domain names to buy.

Does anyone have experiences in the buying/selling of domain names that they want to share?