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Recession-proof industry/ business/ job, a myth?

sir cum-a-lot

Alfrescian
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The undertaking business will boom......I believe anyone going into it can look to going public by END 2009
oh yes! life & death happens daily regardless of econ. when recession & depression comes, more ppl do airbourne from HDB or jump MRT. Undertaking quite recession proof.
 

The_Latest_H

Alfrescian
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i'm just wondering if there really is any industry/ business/ job that is lucrative & recession-proof at all? nobody can really get the best of both worlds, its either or. lucrative income, can also mean it has shorter lifespan, while little but stable income can last a little longer.

anybody care to share what kinda industry/ business/ job can survive recessions & financial down turns?

In most countries, its healthcare.

Recession or not, people will continue to get sick, and they want treatment. Thus those who are trained in the various health sciences are more likely to stay in their jobs.

Insurance companies also want to keep those who are insured properly, so that they won't go down under, and thus insurance for health care coverage would probably be safe for the moment.
 

Nice-Gook

Alfrescian
Loyal
i'm just wondering if there really is any industry/ business/ job that is lucrative & recession-proof at all? nobody can really get the best of both worlds, its either or. lucrative income, can also mean it has shorter lifespan, while little but stable income can last a little longer.

anybody care to share what kinda industry/ business/ job can survive recessions & financial down turns?

Religion brudder.I bet my last cent on this.More and more seek god in bad times.And more throw money to appease gods in good times.

Oh yes,religion is a service industry.
 
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