Investing Today 101: "Sk8boarding is Affordable"

In this article, I am looking at the roots of skateboarding's nature, and why I think it will thrive in tough economic times.... and probably will actually grow in popularity


Local grom- Andrew: New grip job sticks

1. ROOTS- Skateboarding was born from the low-income bracket and broken homes of American youth. Therefore it has
proved to be an affordable sport even when families don't have a lot to spend...I'd say this is pretty relevant to the times
approaching.

2. There is a NEED- for an affordable alternative activity among the middle class family who is being forced to downsize.

3. Built From the Bottom Up- Skateboarding built itself up with little investment backing. Naturally, I think the owners of core
skateboarding companies will also figure out how to adapt back to this without sinking.

4. A Creature of Adaptation- as the environment changes so does a skateboarder's mind. He or she can skateboard on
virtually anything.

5. Creative and Ingenuitive by Nature- Corporations tried to capitalize on skateboarding's popularity and ingenuity, not the
other way around.

6. VIRTUALLY a FREE sport- Free City Skateparks- with more and more cities finding a need for public sk8parks, kids or parents won't have to travel very far to find a place to skateboard. Not to mention, as family spending downsizes, so do those member fees and private lessons.

7. Eco-Friendly Transportation- Sure it may take a little while longer, but you can also transport it on the bus or transit
system easier than a bicycle, or hell, put the skateboard on the bicycle until you reach your destination.

8. All Ages- The board and wheels come in all shapes and sizes, making it easy for young and old to learn or get back into it:)

9. Government Spending Specuation- Many contractors will benefit from Obama's stimulus money for public works projects. Companies who build skateparks have contractor liscences and will be able to bid on new construction and public work projects; so while they may not be sk8board parks, it will be work; therefore helping to keep employees and open new jobs.

10. It's a Tight- Skateboarders and its companies maintain a very tight community, despite the huge growth.... strength in numbers.