Would it be fair to say to newbies that it's better to focus efforts on one domain (for example one that gets high number of exact searches), even though those domains don't come cheap (prob. mid £XXXX) these days?
I'm debating outlaying a fair sum on one to develop it over time. Only thing is, how do you evaluate if the outlay is overkill or necessary investment? A domain with 500 exacts might cost you £250 and you may be able to get 3 of them with some hard work.
On the other hand, you may fork out mid £XXXX for one with 10K+ exacts...
Which is a better approach?