... but in the world nothing can be said to be certain, except death and taxes.
~ Benjamin Franklin
Ben was a bright guy right? If that's what he believed in, it's got be a dead certainty.
Armed with that knowledge, asked myself, how can I make some money.
Offer tax avoidance advice? Considered too risky.
Buy a morgue? Yuck.
Invest in death? Yes!!!
This is when I discovered a little company called InvoCare.
It was little, has grown quite a bit to be Asia-Pacific's largest
private funeral, cemetery and crematorium operator. Ben was right after
all...
And guess what, if Domino's can do it, InvoCare is going online. Relatives can design 'the event' and preview it online. They've even invested in HeavenAddress an online memorial that gets a million hits every year.
Maybe I'll go invest my allowance....
Maybe I'll go invest my allowance....
NB: This Blog does not constitute a recommendation or advice to purchase any investment, product or service listed or mentioned.
5 comments:
Why not, it is an industry that is only going to grow. No-one likes to think of the inevitable but its going to happen to us all so why not plan for it in the best way you can. Maybe I should start investing in this.
YW,
I would definitely invest if the owners are ethical/have a track record of being trustworthy financially and in their business practices.
It's recession resistant. Costs should be fixed for the most part. Profit Margins are?
Smart place to put money if you are happy with slow steady long-term growth over the next twenty years, and who wouldn't be?
it's really an issue then of where they can get land to expand in the futuree, yes?
Fantastic idea! I love it, with our population booming there must be a decline on the rise too :) I'll go in with you, how much, I'll need to check my piggy bank.
Years ago people were making money on stocks.. a simple article on it
http://news.investors.com/investing-the-income-investor/012109-459142-markets-dead-but-casket-stock-getting-traction.htm
Lilly: They keep saying the GFC's not over, China's slowing, with Apple and Samsung over $500 a share, I was really struggling to find anything decent to invest in.
Jo Dee: Stirrings of a great idea there, buy cheap land now :)
Lisa: It's weird, this is the only company that hates mild winters...
LOL Why the hell not, its as close to a sure thing as anyone is likely to get these days - go for it (within your means of course LOL)
My dear Granny made her first million investing in small rural electric companies that over time all got bought out by the big guys - she was shrewd - but of course now you couldnt pick up an electric company stock unless you are already loaded...ahead of her time that one.
Good to see you Mate - have a great weekend - theres a cider fest somewhere in Sydney if you fancy a fruity tipple
Cheers!
Post a Comment