Market Investing During a Recession – Investing During a Recession
If you are one of those who love interior design and with high standards for antiques and furniture, a furniture consignment is an ideal business for you. Since furniture is one of the most progressive sections of the resale business, you can gear towards recycling your old furniture and make it seem new.
Some non-furnishing stores add furniture to their inventories or opens instant, single-furnishing setting to make their business more lucrative. They believe furniture consignment business will increase their monthly income.
Do you believe in the politicians and financial “gurus” that assure us that the hundreds of billions of “stimulus” dollars that are being printed 24/7 and thrown around like confetti are going to fix this financial disaster that we are in? I don’t–I think it is going to get worse. Sure, you are going to see the stock market, real estate market, etc., rally for a little bit. The amount of money (read: our taxes, children’s , great grandchildren’s) that the government is handing out is bound to cause a blip on the screen for a short term, but then–lookout! The long term result of all this may remind one of something that happened in Rome’s history.
In the interim, I made the decision that I wanted to take back my money (what was left after they got through with me) and control when and how it was invested. I pulled my money out of my 401K and purchased collectibles. I now have something tangible that I can hold in my hand and admire, It does not have the potential to drop to zero value, I can enjoy looking at it or in many cases using it, and then sell it down the road sometime in the future for a nice profit.
So what treasures will you find? Look for gorgeous one-of-a-kind handcrafted jewelry, stylish pocketbooks, lustrous hand-crafted furniture, plus many stunning sets of dishes and other pottery and ceramic pieces. One of my favorites is a local designer of greeting cards who uses a real hand-operated letterpress to print the beautiful designs. Another favorite is a tiny Boston company that silkscreens designs of local graphic artists by hand onto silky cotton t-shirts – I think of them as wearable art.
One of the best parts of this market is being able to talk directly to the artisan who made the product that you’re buying. If you want something slightly different, or perhaps additional pieces for gifts, you can usually make arrangements.
At the Antiques market, look for sets of delicate antique china, mid-century furniture, Art Deco objects, and vintage clothing. You’ll also find paintings, plus antique and collectible books.
A favorite corner of SoWa Open Market is the area where local farmers and artisan bakeries display their bounty. Juicy summer fruits and berries glisten like jewels. As the summer goes on, incredible heirloom tomatoes and fresh-picked corn begin to appear. You’ll also find mouth-watering local cheeses such as chevre and smoked mozzarella. Buy a nice selection of these irresistible goodies, and you won’t have to wonder what to have for dinner.
Although SoWa Open Market only operates for a scant 6 months of the year, it’s one of the city’s most pleasurable shopping experiences. Mark it on your calendar now
Resource Author Francisco Rodriguez Higueras
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