Total Buying Existing Domain - Noob Question

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I can buy a humor site that gets around 1k visitors a month (9k indexed pages, PR1) for $20. It's an autoblog that pull content from other sources.

But instead of trying to build up AdSense rev, here's what I'm thinking.

Please tell me if this won't work.

I have my own humor blog that gets around 10k pageviews a month, and has 8k indexed backlinks. I'm looking to increase viewership.

If I buy this domain, and do a 301 redirect over to my site, will this ultimately affect the purchased existing site's SEO juice?

I'm just trying to move the monthly traffic over to my site, but I don't know if the 301 will screw with the SERPs. Wouldn't make sense to buy it and have that traffic go from 1k to 0.

I'm embarrassed to say, but I really don't know. Ha.

Thanks for the help.
#search engine optimization #buying #domain #existing #noob #question #total

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    I can buy a humor site that gets around 1k visitors a month (9k indexed pages, PR1) for $20. It's an autoblog that pull content from other sources. But instead of trying to build up AdSense rev, here's what I'm thinking.