@Porwest
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While inflation is rampant, what are some areas to avoid right now in investing? Things that people will be more discretionary about. Hospitality, restaurants, fast food etc. Brand names also generally do not do well while inflation is present as more people will opt for cheaper store brands and other generics. Great places to invest despite inflation over the next 20+ years will be senior care living facility REITs and pharmaceutical companies as an aging population of baby boomers continues to get older and will require more drugs and care. Believe it or not, another great place to plunk down some investment dollars during high inflation are alcohol companies. People drink more when they are broke. It's a fact. lol
10 comments
This is true, I wish I could drink every day and forget, But I don't like alcoholic drinks, they taste pungent, did you read the link, my dear friend?
Not yet. I am slow sometimes to get around to everything, but I do eventually get to everything.
👍👍👍👍👍👍🤗🤗🤗🤗
This is true, I wish I could drink every day and forget, but I don't like alcoholic drinks, they taste pungent did you read the link my friend
Not yet. But I will. Sometimes I am a bit slow to get to everything. But I do get to them eventually.
Exactly, but I don't still get the concept why you aren't broke but drink more than those who are🤔
I can afford more? lol
Well, who says the other party can't ?
The fact that they can barely keep their lights on and live off payday loans and credit cards? lol
100% true words