As summer kicks into high gear, consider hitting the road for your next vacation. I wrote this piece about “glamping,” back on December 4, 2017, but it can still inspire you today.
Glamping is a big business as pointed out here by Spencer Jakab of the WSJ:
For anyone who has gotten stuck on a mountain road behind a massive recreational vehicle, get used to it, there are a lot more on the highway.
Recreational vehicles, ranging from bus-sized motor homes to retro trailers, have been a boom-and-bust industry since they first became popular in the early 1970s. Now a wave of retiring baby boomers and a surprisingly young new fan base have sent U.S. unit sales above their housing boom peak. Shares of the two leading manufacturers of RVs, Thor Industries THO +1.61% and smaller Winnebago Industries , WGO +1.76% each hit records last week.
The fundamentals—fuel prices, interest rates, disposable income and demographics—all look solid. That has the Recreation Vehicle Industry Association projecting a further jump this year and next. Despite that, delighted investors might want to unhitch themselves from these stocks. When things go badly for the economy, they go very badly for RV makers.
Read more here.
E.J. Smith - Your Survival Guy
Latest posts by E.J. Smith - Your Survival Guy (see all)
- Fidelity: How Emergency Documents Help Protect You - August 11, 2020
- Where’s the Outrage? - August 11, 2020
- Yes, You’ve Met Ronald Read in Richard C. Young’s Intelligence Report - August 10, 2020
- Stupid Attack on NRA has Battleground State Dems Terrified - August 7, 2020
- Your Retirement Life: “You Want Maine Lobster” - August 7, 2020