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There's really only 2 options for me
If you're not going to use ti to advertise, enhance, or grow your old sites then invest it in new ones. If you're buying established sites instead of building a custom one watch out for scammers, ask for proof, and really think about how you're going to earn an ROI. Why is the owner selling it? What can you do that you know for fact he/she hasn't done that will make the site more profitable.
I said MORE profitable because if the site isn't making money already there is no need to buy it. Just build your own and do it better.
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