how to profit and insulate from the depression, page-8

  1. 1,341 Posts.
    Nothing does really well in a depression.

    That is why it is a depression all businesses are doing it tough.

    Food, clothing and liquor.

    But remember the market is saturated in these areas now with the big boys and competition is fierce.

    I know about 4 guys that own small privately owned bottle shops and they are doing it very tough now.

    I know guys that own tabs (betting places ) all doing it tough. To much competition eg clubs on line gaming etc.

    I know guys that own houses of ill repute and they are doing it tough as there is to much competition and the small asian
    syndicates under cut every thing on price.

    Woolworths and Westfarmers appear the go.
    Commodities eg Gold platinum and silver
    Businesses that deal in reposessions and liquadation sales and forecloseurs.
 
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