Here’s a good way to make money online: Buy quality domain names and see how much you can get for them. Pizza.com just sold for $2 million! It helps that the guy who owned it has been holding onto it since 1994. He was inspired by vodka.com selling for $3 million.

Of course getting good domain names isn’t always cheap or easy these days, but with a little effort and branding, you can turn a decent one into a great one and drive that value right up.

This is a game that is probably better suited for those who already have a little money to play with, but if you have enough to do so, there’s no telling what you can make from getting domains that are coveted by others. You could spark a bidding war (like the pizza guy did) and watch your price climb higher and higher.

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