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Should I invest in coffin makers or do you have financial advice as bad as this hot take.
by desindol 4y ago
Should I invest in coffin makers or do you have financial advice as bad as this hot take.
- Comevius 4y agoThe trends in the funeral services industry is that there are only a handful of publicly traded companies and they keep grabbing bigger and bigger slices of the pie. The pie is not growing as fast as it used to be due to price transparency (due to regulation and the Amazon effect), competition and changing attitudes toward cremation, but it is growing, and it is a lucrative long-term investment, one that makes sense even (or some would say especially) in a bear market. The chain-store economy only recently started slamming the family-owned businesses in this industry, so there are definitely opportunities. As always this is not a financial advice.