Why do they tell you to buy grocery store stock when the economy is bad? - GoFuckYourself.com

Snake Doctor · 01-23-2009, 12:21 PM

They always say "Even in a bad economy people have to eat" so you should buy grocery store stocks....same thing with other "essentials"

But, don't people have to eat when the economy is good too?

Sly · 01-23-2009, 12:23 PM

Campbell's always goes up.

Either way, stop listening to "they".

StuartD · 01-23-2009, 12:24 PM

I would wager a guess that people would eat out more (fast food, restaurants, gatherings, etc) when the economy is better and they have extra money.

That being said, people need shelter too but would you really have invested in real estate last year?

Fletch XXX · 01-23-2009, 12:25 PM

serge has it right, funeral parlors.

no matter what, every human must die.

96ukssob · 01-23-2009, 12:26 PM

Quote:

Originally Posted by Sly

Campbell's always goes up.

Either way, stop listening to "they".

for sure. its "they" that have the stock in grocery stores and with you and others buying, only makes them more money.

i would buy stock in guns right now. economy is going down the tubes and people are scared to put their money in the bank, so they hide it under their mattress and in fear of being robbed they need to arm themselves

am i the only one that paid attention to 9th grade social studies? hahahaha

notime · 01-23-2009, 12:27 PM

people spend more money on luxureous goods in supermarkets because it's the last possible way to enjoy live a little more.
Learned that in economy class in high school many years ago.

If they cannot buy a new car or house, they just select a nice wine, a french cheese, etc.
so they feel that live ain't that bad since they can still enjoy the best food.

baddog · 01-23-2009, 12:28 PM

Quote:

Originally Posted by StuartD

I would wager a guess that people would eat out more (fast food, restaurants, gatherings, etc) when the economy is better and they have extra money.

Then why do I always have to wait to get a seat when I go out? Might I remind you of a few weeks ago in LA? What was the wait? 30 - 45 minutes? And that place wasn't exactly small.

IllTestYourGirls · 01-23-2009, 12:28 PM

Food = cheap entertainment

StuartD · 01-23-2009, 12:29 PM

Quote:

Originally Posted by baddog

Then why do I always have to wait to get a seat when I go out? Might I remind you of a few weeks ago in LA? What was the wait? 30 - 45 minutes? And that place wasn't exactly small.

LA is a whole other breed of human. I don't think the great depression could slow them down.

tony286 · 01-23-2009, 12:30 PM

Actually supermarkets get hurt also. I remember this was during the recession in the early 90's/late eighties. I was at dinner and one of the guys there was a gm of a supermarket. A friend of mine said you guys must do great now and the guy said actually no. People cut back instead of 2 packages of cookies they buy one, instead of steak they are buying more pasta. They might be going more to us but their dollar amount spent drops.

dready · 01-23-2009, 12:30 PM

Quote:

Originally Posted by StuartD

I would wager a guess that people would eat out more (fast food, restaurants, gatherings, etc) when the economy is better and they have extra money.

That being said, people need shelter too but would you really have invested in real estate last year?

01-23-2009, 12:21 PM	#1
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Why do they tell you to buy grocery store stock when the economy is bad? They always say "Even in a bad economy people have to eat" so you should buy grocery store stocks....same thing with other "essentials" But, don't people have to eat when the economy is good too? __________________ sig too big

01-23-2009, 12:23 PM	#2
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,323	Campbell's always goes up. Either way, stop listening to "they". __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

01-23-2009, 12:24 PM	#3
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	I would wager a guess that people would eat out more (fast food, restaurants, gatherings, etc) when the economy is better and they have extra money. That being said, people need shelter too but would you really have invested in real estate last year? __________________ This is me on facebook This is me on twitter

01-23-2009, 12:25 PM	#4
Fletch XXX GFY HALL OF FAME DAMMIT!!! Join Date: Jan 2002 Location: that 504 Posts: 60,840	serge has it right, funeral parlors. no matter what, every human must die. __________________ Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - recent work - About me

01-23-2009, 12:28 PM	#8
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Food = cheap entertainment __________________

01-23-2009, 12:27 PM	#6
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,021	people spend more money on luxureous goods in supermarkets because it's the last possible way to enjoy live a little more. Learned that in economy class in high school many years ago. If they cannot buy a new car or house, they just select a nice wine, a french cheese, etc. so they feel that live ain't that bad since they can still enjoy the best food.

01-23-2009, 12:30 PM	#10
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	Actually supermarkets get hurt also. I remember this was during the recession in the early 90's/late eighties. I was at dinner and one of the guys there was a gm of a supermarket. A friend of mine said you guys must do great now and the guy said actually no. People cut back instead of 2 packages of cookies they buy one, instead of steak they are buying more pasta. They might be going more to us but their dollar amount spent drops.