Friday, August 5, 2011

What’s Hot?


Ever thought of what are the hot selling items in a slow economy in America? According to Pennyjobs.com, Curtis Ophoven reports: Excluding seasonal items, here is my list of the 10 hottest selling items of the day:

1.      Gold, Silver and other precious metals – gold just made new highs in 5 currencies
2.      Guns, ammo and gun training – fear is driving need for personal protection
3.      Large home safe - for storing cash, guns and valuables
4.      Everything on the McDonalds dollar menu – restaurant food is no longer affordable
5.      Job search tools and services – unemployment is raising very fast
6.      Do it yourself healthcare products – healthcare is still a necessity
7.      E-Commerce continues to grow – Amazon.com just posted a 30% gain over last year, which can probably be attributed to increasing gas prices, costing consumers more to actually drive to the shore to make a purchase
8.      Solar energy products – high oil prices have pushed home energy costs to the limits
9.      Information products – ‘how to’ products related to living in a recession
10.  Cheap entertainment – to help people laugh and forget the reality of financial hardship

 
During tough times, we go back to doing what we should have been doing all along – taking care of ourselves and families in a more responsible financial manner.

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