My Thought of the Day

By
Real Estate Broker/Owner with Frank Rubi Real Estate, LLC La Broker 09995688826

Sharing my thought for today. As I sit here, in my thinking mode I am thinking of who is making money in this current economic market. It comes to me that there are people still making money. So who are they? Which businesses are recession proof. I been working on this for a few days. After all I do have the time and can only play so much golf. This is what I came up with:

  1. Mechanic shops. I have one client who is building a new shop on the Westbank in Harvey LA. They are doing well.
  2. Workers at auto parts stores
  3. Workers at the Home Depots and Lowes.
  4. Medical professionals
  5. Insurance Agents

The first three come to mind due to my relationship with my personal client. The next thought, more people are not buying big ticket items. They are repairing their auto’s and holding on until this cycle corrects. Same goes for home improvement. The last group will always be in demand. Your health is very thing.

 Just my thoughts please share yours.

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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Frank, I'd add the guys who sell and install home alarm systems. 

Nov 06, 2008 12:53 AM #1
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Pat, thanks that is a good one.

Nov 06, 2008 01:07 AM #2
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John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Mechanics they are going to fix more cars if you can't buy new ones.

Nov 06, 2008 08:45 AM #3
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Erin Griffin
Corby Mortgage Services, Inc. - Chicago, IL
MBA - Vice President

There ws just an article in the Chicago Tribune on the top paying jons within industries right now. Healthcare took 3 of the 5 top jobs, including nursing. By the year 2020 there will be an estimated shortage of $800,000 nurses. The pay is already increasing for qualified nurses, a very viable industry for the years to come!

Nov 10, 2008 09:27 AM #4
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Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I read where shoe repair stores are doing very well, but that eBay business is down. Considering eBay's business model, I thought they would be doing a booming business.

Nov 22, 2008 10:09 AM #5
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Frank Rubi

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