“In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin
Ok this post can be quite morbid, so if you are not into companies dealing with Death, this post is not for you.
Yes, we all die someday. If you are looking for the
‘Sure’ thing, “Death” companies are as close as one can get. In good markets, bad markets (or no market), even when banks can collapse, oil / gold can plunge to $1, when we are in the deepest longest recession / depression – these companies get businesses (24/7, rain or shine).
On another note, we may be alright about cutting back on our expenses on food, transport, entertainment etc, but when there is a death in our family, penny-pinching would be the last thing on our mind.
Sometime back when I was reading the Peter Lynch book, “One Up On Wall Street”, ......