I don't get it. I can understand why a purely off topic forum would be hard to monetize because the traffic is so random, but why are targeted forums hard to monetize? If I make a forum about mesothelioma, why shouldn't that be a profitable site? I don't understand why there is a general rule that says forums aren't profitable. Shouldn't it really depend on how targeted the forum's users are, how profitable the niche is generally, and how much competition you have?