I have bought a 5 letter COM domain name that I'll call lname.com, which matches my last name. It has no meaning in English. I'm from a poor country and I spent like a year or so to save up for it, which cost roughly 6 months of average net salaries in my country about 7 years ago.
I was in my early 20s and one could argue, that it was not the wisest decion of a young adult, but I don't regret it honestly. It always felt like I have a small piece of the web realestate which has my name labeled on it and I absolutely love my fname@lname.com email address. I created an address for my wife, father, mother, brother and his wife in the same way which they are using daily and are proud of.
I was very stressed for any domain or registrar errors that might cause that I lose the domain name and I still am very afraid of it. I have however read quite a few "horror stories" in the past years, regarding bigger companies which were able to obtain people's personal or business domain names, just because they are huge companies with extensive finances and good lawyers. I already know of two companies in different countries which have the very same name as I occasionally receive emails written to them on my catch-all email address.
For now the domain is used to host our personal sites, but I recently started working as a web developer and may do freelance work or even create a startup or company in the future. I don't know what this domain will be used for, but I can't say that it will always be for personal use. Maybe it will be the same industry as other companies with the same name. Maybe not. I know a domain name can't be patented. Trademarking is possible, but there are a lot of requirements. What do experts propose?
TLDR: What can I do to secure my domain name, no matter what happens?
Some basic rules if you wish to keep the domain:
* Don't offer to sell the domain. If you are contacted by a prospective buyer, just decline, saying that the domain is not for sale. Don't counter-offer or enter into discussions or negotiations.
* Don't put ads or links to third-party commercial entities on your website. If you're going to use it for business purposes, make sure that it's just for your business, which incorprates your family name, eg FamilyName IT Services Ltd.
* Make sure your website has an "About Me/Us" page, which briefly outlines who you are, ensuring that you mention that your Family Name is the same as the domain name.
* The advice in this thread regarding use of 2FA on everything is sound. I've a high value domain portfolio and receive password reset requests every week, triggered by bad actors trying to access anything that they can think of that might give them access to accounts.
* Don't use GoDaddy or any or their network.
* Read up on UDRP (dispute resolution) and Reverse Name Hijacking if you want to get up to speed on the legal and procedural issues that might affect you.
* Domain disputes are a specialised field and you would need the advice of a specialised lawyer if you find yourself the recipient of a UDRP complaint. John Berryhill (I've no connection) is well regarded in this area, and I'm sure that there are others. He would be my first port of call.