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[This story has been published on CNN.com.]

Name is Rick Schwartz. A guy with Rolex watch in his one arm and Diamond+Platinum bracelet in other one. A guy dropped out from community college, living lavish life that we all dream of.

"I don't like to work," Schwartz said, proved every one fool, who believe in hard work. "I figure any moron in the world can generate work for themselves and tie up their time. I have one laptop, no employees, and no product whatsoever--none! This is magic." Magic, he claims, that's earning him $2 million a year.

$2000000 per year!!! Hey Milan tell me what does he do? Is he Software tycoon??? Is he Genius technocrats?? Or the CEO of multinational Oil company???

No he is none of them. He call himself as Domain buyer. He is making money by buying domains. He was the first guy to realize the huge potential of dot-com industry, even while it was bursted out like a bubble.

Today we call this way to make money online as Domain parking.

What is Domain Parking?
What is "domain parking" -how are all these people making money at it, is it legal? and how, exactly, can I ?
How to make money with domain parking?
Make money from domain parking?
How much money can I earn from Domain Cash Parking?
Who Offers the Best Pay for Domain Parking?
What is the best domain parking site to use for creating revenue?

Domain parking is another great way to make money online. It is the quickest way to be millionair, Because Rick started buying domain ten years back, and he had to wait till the web giant like Yahoo, MSN and Google come into the scene. But you don't have to, as they are already there for you.

Many companies offer you to park your domain. They will place their advertisements on your domain. Visitors will see ads and click on. You also have option to sell that domain. Selling a domain name is one shot to get rich. Here is the list of sold domain
(Have glance to my post to sell website or Domain on Ebay)

All you have to do is having a single domain name. A single domain name is able to make hundreds of dollars a day, by just moving your fingers. After having one you are suppose to redirects traffics to small companies that serve as conduit between owners and Google,Yahoo. Thats it your role is over to make money. Rest of the work falls in the part of web-giants and aggregators. Aggregators take heavy burdens of designing the sites, promoting to get traffic from search engines. Aggregator also determine about which are the best paying ads to be placed on your domain. Experienced players cut out the role of aggregator by getting in touch directly with Google or Yahoo.

So the entire process to make money from domain parking goes like this....

Own a Domian name >> Park it with the companies >> Get paid for each clicks.

More detail explanation on 'how to' in next post.

Original Story Source: CNN.com