Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Deal-Making in the Graveyard: Plots for Sale

By

When taking stock of all your assets, don't forget your burial plot.

PrintPRINT
This fact has reverberated throughout the $20 billion a year industry, which is dominated by SCI and other big players like Carriage Services Inc. (CSV), Stewart Enterprises (STEI), and StoneMor Partners (STON).

Cemeteries are now scrambling to increase "occupancy rates", resulting in scenes like this:



And this, which should please value-conscious Sam's Club (WMT) shoppers quite a bit:



Should you be one of the lucky Americans for whom traditional burial is still an option, perhaps you'd prefer to take a more practical route to the grave.

CasketFurniture.com asks: Why buy a casket for just one day?

Good question. Here is its answer:



For just $3,995, the contemporary "Salvador" casket-sofa "combines metal and wood to create [a] timeless masterpiece," the company's website describes. "This sofa will always provide you with the ultimate place of rest, whether it's taking a load off, or doing the final send off."

When it's time for that "final send off," every CasketFurniture product "can be transformed into a high-quality casket in your time of need."

Trouble is, these days, for a lot of people, their "time of need" is starting while they're still very much alive.



Register For Minyanville's Holiday Festivus '09 Here
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE