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I think Luxury items brands cucci Ferrari or some yacht companies Luxury resorts and hotels.
and even in recression those things always on high demand and when we look at geopolitical situation all over the world by all those issues at the end more and more wealth will go to hands who will consume luxury goods.
It's like bank robbery lol...let them rob bank and i'll get some % asweell without doing anything because the money end destination will be luxury brands:)
More poverty might mean that a lot money for few and it's good for luxury brands life is short off course they want taste touch and feel all the finest things in the world.

Your view is very considerable, I was also had the same thought a few days ago when I watched a lecture on Shopify where peoplele sell there own products and even do dropshipping. I came to realize that, even if a person who have not money (depends on parent's money) or have no source of income (student), still saving funds to buy new t-shirts, new watches, shoes, spending money on lifestyle, instead of spending the money on themselves as in terms of skills.

Then I thought of the cause, and came up with the advertisement companies, for example a friend "X" is doing some shopping, how these brands use data to manipulate the mind of X so that he do more shopping, they show him cool ads, relevant to his likeness, and onces he saw too many he made up his mind to buy. So in this era, no only rich people are buying luxury brands,  poor or mediocre are also buying products (unnecessary).

So overall, money is flowing from top to bottom, but you are right we can also make money by buying the stocked of those products which are being bought by these rich people.

Yes even not so rich spend time for luxury brands what more you can even rent or buy now pay later (allmost like mortgage style or car leasing finance style )
But off course natural resources like oil gaz...you know those companies can come and go and different political geopolitical situation can change situation like 10 years ago i was thinking about to invest russian stock markets or company shares now Im happy i don't do that.
But why have stress and fight over wealth let the others fight with each other but no matter who's winner they all will buy luxury goods that's the final destination of money from oil tycoons or other tycoons for example emirates Dubai the second place it's food but aswell stocks related with food could be not sure since we live in the world where always fight over resources and commodities i don't want to invest in unreliable unsure things.
So the final destination will be Luxury goods and it doesnt matter If the buyer are from asia middle east or from Western countries.
If we look at the final destination of money it's france italy as one of the biggest fashion and luxury brand sellers.
Im sure many people don't look the investment that way often since everybody looking the oil and real estate.
I would say oil and commodities and even real estate could be a lot more uncertain and can not pleasent surprises.

This is really bad advice and is not reflective of what actually happens in a recession. Nobody is immune in a recession and the rich also choose to tighten their belts at the same time because there is a lot of fear circulating through the economy when it occurs. The rich see their stock market investments plummet and are susceptible to all the same emotions as the average person. The best time to buy into luxury good manufacturers is when you think the bottom of a recession has been reached and the general stock market climate is becoming more positive again with upward trends. Luxury goods are often just marketing ploys anyway, a logo or brand that celebrities wear which often is the same quality as you find elsewhere.

Money don't just disapeare but will change the hands.
If someone lose then someone wins.
think how much can bring one corrupted country leader into luxury branding world and his family ?
And even some drug cartels ?
You see you just Invest and wait the money coming to you without you doing anything much yourself.
To be honest i don't know where else so much money coming in let's say there is economic crash so economical activities will be low it's even better because people with money have time for holidays and vacations and they will spend a lot for luxury yachts hotels cars shopping you as normal person cant even imagine how much they can spend just look at the prices in Monaco and you can see that no matter what's the general economic situation we always have still a lot people who will spend huge amount just for Luxury.

From the economic dynamics of the world, it is obvious to all that they greater the number of the poor the higher the riches of the elites. The middle class is in society is gradually disappearing because of the widening gap between the rich and poor.

The report of the King of Swaziland buying 19 Rolls-Royce for his wives and 120 BMWs for his children and other family members is a testimony of what op is saying. King Mswati III also owns two private jets and a fleet of cars which includes luxury cars like  BMW X6, Maybach 62, Rolls Royce, and about 20 Mercedes Benz S600 Pullman. Yet Swaziland is one of the poorest countries in the world. The reason why these luxury or expensive brands are still doing well in the market is because they are making profits. Some people are making enough money to spend on luxury. While some people don't know where their next meal will come from.

there are only a few people who make money these days. probably the inside traders. and the kings like whats mentioned above.

only the rich people are buying that stuff nowadays. but its surprising to see them buy these items when they know prices depreciate after a few years. these are spenders but the people who are looking into the future i think will not buy them. do they think it's an investment?

And how much money do you need to invest in a luxury brand? Give me an example of what you are writing about, what kind of luxury brand would you invest in right now?

I believe most people on the forum believe in crypto more than luxuries... and most of us would rather choose crypto over anything else. One of the good things about crypto is that there is no minimum investment, anyone can start with some minimum investment amounts. And that's probably less important than the fact that real crypto investments can bring big returns, in a short time.

So people who are already very rich will look for luxury items just to diversify their portfolio, but those who want to get rich will try to find their luck in crypto.

That's because there's a conspiracy behind it, that they're not really lowering prices and that inflation isn't real, they will never make luxury items go down in prices just because the people are suffering from the economic turmoils that are happening, they sell luxury to the people that can afford it anyway and if the poor people can't buy it, that's usually their fault, I mean why buy something that you know will make you go broke? I don't think that's ever going to be any outside problem, it's a you problem, you care more about your appearance than your finances then you'd suffer.

It's difficult to also go for investment in luxury brand though, you're going to need to wait for awhile for the price to go up and not all luxury items really go up in price, you need to hunt the ones that are exclusive or limited edition to really get that bang for your buck kind of deal if you invest in them.

It’s definitely one of the few things that are not affected by economic recession. That’s because only a few percentage of people can actually afford these things and even with economic recession, these small pool of people still can afford to buy these things. Even in an economic decline, they will still buy luxury items which in the eyes of the poor is such an exclusivity they want to be a part of.
Poor people will try and get rich just to buy these luxury items as it often is the symbol of wealth so they feel like once they buy some of the brands you mentioned,they have reached peak life.

Hermes, Christian Dior, LVMH, Kering, Estee Lauder and Richemont those are well performing stocks shares.

You are right actually, the Rich increases in wealth each day while the poor continues to increase in their numbers reason being that the Rich always go for the best as in most cases takes opportunity given to the poor as theirs and just like you said there may be nothing like middle class because of the greed of rich ones in the society as they want all to themselves and always subject the poor to eat from their remnant.

Imagine a case where an international scholarship was awarded to indigenes in my place by an oil/gas company and the scholarship was to be awarded based on examination screening and the son of poor man came out first in the examination only for the organizers of the examination to overturn the result and they gave the scholarship to the son of a big man at my place, what an unfair manipulation on the poor man's child and the rich man used his influence and money to rob this man's child of what belonged to him by merit. Now, is it that the rich man can't afford to sponsor his child/children abroad? He has the money to do that but just to undue the poor man so that is the society we find ourselves where the rich gets richer and the poor ones are struggling for survival, what a world and it isn't even that this poor people in the society and not lettered or hardworking but just due to unfair treatment and intimidation by the rich makes it looks the poor ain't trying their possible best to get out of poverty.

You want money ? Okay then you have to be bigger yourself then the money amount you want if you don't have Job get job first get knowledge and be where is the money follow to money think about rich people activities.
But no matter from who the money always will flow into Luxury life sector that's the end point of money the final destination so i will be there to collect this money this way let the others do the dirty work i'll just collect profit :)
While Im busy myself to enjoy life not chasing money like fool.
Rich is like club you can't be rich and live in bad neighobrhood you can't be rich and spending time with losers ...you meet with people to discuss about new ideas and opportunities in your free time it's not like you just chill with losers and hope to improve your life.
Poor people don't Understood that life is short don't saate it , rich Understood value of time you either enjoy fullest your time or you learn improve to develope yourself that's how you use your time.
Depends who you want to be ...If you just want to be Average Joe who got little bit more wealth them others that's okay but If you want live seriously quality life and enjoy the finest things in your life then you have adapt all the qualities what the rich people have and biggest quality is how you spend your time.  

Anything that can be easily created or copied would never be valuable. Some people at some point might spend a crazy money on a designer bag but for most of the people, it would be just another bag. The thing that would keep appreciating in price would be those things that are limited in quantity, can't be created or copied and are accepted worldwide without even the brokerage of an authority. It's precious metal like gold. Bitcoin comes close but it also has the limitation of being confirmed on internet and can be verified and seen on an electronic device. Gold on the other hand, any practiced person can determine the purity with or without the use of chemicals or electronic device.

these luxury brands making profit off ego of the rich I think this is the entire business scheme of a luxury brands thats why they always become final destination for the rich people's money where they don't think about buying basic food anymore since they can just buy as much as they want but also to feed their ego through buying luxurious goods.
its pretty promising business but only very few brands could pull it off, as a proof so many of these luxurious brands owner become the richest, meaning they are making some serious money here almost as good as those developing technology.
like as you said investing in it will be a really good option as well for an investment.
as far as I know, the value of these luxury brands are always increasing as the days goes because people instantly consider whatever these brands are releasing as antique probably because limited stock that deliberately being set by the brand to make it somehow looks rare in the eyes of people.

Your expression is too high, I don't know how rich you are now, but I also need proof here what you have invested in these luxury goods. Everyone certainly wants to have something to be proud of, such as luxury cars with their various types or other objects that are not often found on the market. But you have to be realistic with the funds you have, don't ever hope to be able to touch the moon with your hands because that is a dream that is difficult to come true. Invest what you can afford and choose a place of investment that is immune to recession, Bitcoin now will give you multiple profits in the future instead of buying luxury goods that take a long time to resell.

Luxury cars?
Maybe they think they could sell the car in the future when it's gonna be rare, I think they are going to be phased out one day when the EVs take over the industry.
Hope they have a place to store these cars. 

If I have to invest in tangible items, I think collectible cards or gold will be my preference. Easier to hide and than huge items like yacht , though I;d like to live in one of these one day.

Luxury item buyers are usually recession proof. Billionaires who buy Yatch or Bugatti, do not care about the direction of the market. So if you have hundreds of millions to stock up, give it a try! Otherwise, stop daydreaming! Because Banks usually do not fund businesses of luxury items, at least in my country.

Rather do business on such things which consumers need on a daily basis. Like packaged food or other consumer goods. The margin is thin but the customer base is considerably high.

Most of those luxury brands are just liabilities and I won't buy them when it's prices will plummet instead I'll take real estate, precious metals and crypto. Though this is all about personal preferences but yeah we should invest in something that might help us during crisis. If my Ferrari could help me during that time then it's worth the buy if not then why would I?

People usually say that luxury items are a no-go since they are basically useless. I would like to think about them as investments as well. Especially the special edition ones where they are rare and only a few in the world owns them.

When you have gone broke, you can sell these items. Surely someone will buy it. Some of these luxury products can be the ugliest thing you’d see in your life and someone will still buy it. It’s just the logo, the name, the brand they all want.

I have not had good experience with stocks because all that I investing in past years failed and my money went down the drain. The trauma always make me skeptical about investing in stocks even though I am convinced that there are stocks that can actually change lives. One of my major concern is that the stock market is too subjective as they are governed by factors that are entirely unpredictable. For instance, a law suit can scatter the dreams of investors, even a major decision by key officials of the companies. I consider this a kind risky, hence my reservation for continuing in stock after the initial bad experience. Thank God for Bitcoin that actually gave me exactly what I wanted. Investment here is easy for me and help me avoid any form of centralized infrastructure, besides, the profit is always endearing.

Your idea about investing in luxury brand is great but but I think the orientation behind it is wrong and just like saying a casket dealer doesn’t care about what happens but rather, wants everyone to die simply because he has the hope that they will patronize him and I think that’s already a very selfish idea and I personally is an advocate of a selfless world as I thin, it can be still be very possible to invest in luxury and entertainment as well as tourism and still make good profits without necessarily think you don’t care if banks are broken or robbed, as what matters at the end of the day is that, they spend the money on luxury.

I at some point want to consider in physical gold asset and this is because I think you’re investing not just in an asset but also in your physical appearance and if you’re looking looking worth it, you might also attract more persons for businesses rather than wanting another business to go down simply to patronize you isn’t a good mindset for the world .

Every good investment is a great path to follow as an individual and a business person. But there are also various types of investments that one can venture into which are all profitable pending on the location you are and the knowledge you have over the investment niche. While Mr A may decide to go into investing in luxury, Mr B may decide to invest in Cryptocurrencies and Stablecoins. Then Mr. C, may decide to go into real estate investments and they will all thrive in their various investments. The reason for the recorded success being their knowledge in investments. Ultimately, one should always invest in the field where they are vast.

There is a difference between high net worth individual, super high net worth and ultra high net worth

When you get to the point of ultra high net worth, you will realize that there isnt that many investment out there that could worth your time so most of the ultra high net worth jumped into those luxurious stuff because even it doesnt really increase your net worth anymore, it gives you prestige to enlarge your networking which is fine if you look at the bigger picture

So its not really only as 'consumption'

If a product is selling irrespective of the economic crisis it doesn't mean their stock value is going to rise which is a flaw in your strategy and there are many well known branks went bankrupt because of their mismanagement of funds even when their certain products are selling it's peak. If you want to become a stock investor then you need to look more into the company's plan to grow/expand in the future and that's what the real investors do.

Luxury lifestyle seems to be one of the popular discussion and what if the world continues like this when people buy what they don’t need unnecessarily just because they desire such property, what will happen to the economy because in such situation only few people will benefit and they’re the owners not the buyers, it looks like spending your money unnecessarily for the benefit of others meanwhile the product might fade within a long period of time or new invention and then the shop owner will gain not the buyer. Although despite all this, not everyone will behave in such manner and I’m convince people who live luxurious lifestyle are just the wealthy men.

Yes, in the end, when we already have a lot of money, we will definitely buy what we have not bought such as luxury goods, it will give satisfaction to the ego that is greedy for this world, feeling great for using luxury goods, whether watches, cars, bags and others that are categorized as something that can only be purchased by those who have money.

This is indeed quite interesting from a business scale, because it is indeed an attraction, especially with a small supply of goods, of course being rare will increase the price of these goods, and the rich scramble to collect them as an investment asset and a luxurious lifestyle, but who created this? Yes, the brand owner itself by capitalizing on the human ego who wants to look luxurious, even though speaking of function it is the same as a simple bag or car or watch.
I also believe this luxury item is indeed good for investment, but not for those of us who do not have much financial access to get that, I think to be able to invest in luxury items like that I need to earn 100 times what I spend on my life needs, then I can think of having something that is not so important like that in life utility, speaking of investment is much better bitcoin in my opinion, because bitcoin ownership is not taxed. LOL

That's right, the middle class bought this luxury item as investment, they also rent it, for example the bridal dress, its so expensive, so people don't buy it, even rich ones too, they prefer to hire it for 1 or 2 days, then they return it back. And they bought it from the mediocre people and they made money from it. They rent cars, houses, farm houses, swimming pools, shooting areas, gold areas, clubs, etc., etc. There is a long list.
That's a good observation, I never thought of luxurious items as investments before, but now you have given me an idea, and I might give it a try under the limitation of resources I have. As extra source of income is better then nothing haha. We should really invest in these luxurious items, but we need experts, as if I am not a fashion observer, or I don't know how to tackle the customer, then I won't be investing in it, we need experts to do the work. Or buying stocks would be enough.

your strategy pretty spot on the rich always sought whatever increase their prestige, including luxurious things, sports car, and so on as you mentioned.
I'm sure the stock price not gonna tank even at the most difficult time unless the whole economic is turning upside down only then these luxurious things lost value.
even like that after economic condition has gotten better these company will more likely to make a comeback, these stuffs are timeless so i don't expect these company to really went bankrupt at the time of economic crisis.
so your strategy is pretty spot on unless you forgot 1 thing that things change, these luxurious companies usually start off from being an underdog then climbs up to become luxuries company.
by the time you found one in the stock market you can almost be sure that its already too late since stock price already increased so high the only way to go is to go down.

Buying those huge accessories and goods is just too much of a luxury,I mean careless luxury.Its only the rich that practically decides to spend on these items.
From my good observation,luxury is a space of great expense and pleasure,something that is pleasant to have and is also unnecessary.
When you already have a lot of money you can consider shopping luxury from expensive supermarket and shop without regarding the economic state you're into.
Luxury depicts flash and fame,and its quite interesting when you have enough money for such arrangements.

Don't forget that russian oil gas money goes into Luxury sector also alot through switzerland brokers and then from there into south france and monaco and to italy you see by owning shares of luxury sector it's like you own shares of russian oil gas companies because a lot russian energy money flows into luxury business.
Luxury company shares are good way to own for example globe wealth the people like putin will always make a lot money and look at the putins brands he like to wear italy luxury brand jacket wich not cheap If Putin would be smart instead of doing the dirty work he would be just investing into Luxury sector but it's all good let people like Him work and bring that money into Luxury sector.
That's just one example but there is many more people who work hard and rob others
 ( so they do the dirty work and bring money to Luxury field )

We live in a world where most people are just trying to get by from month to month. Luxury goods are for the elite, it doesn’t always make them happy though. Real wealth is wealth of the heart, happiness & having a good family & friends around you. We all end up in the ground, you can’t take your Ferrari or designer wardrobe with you. Obviously it’s nice to be comfortable but being uber rich isn’t the way to be happy.

I agree that the number of millionaires and billionaires around the world is steadily growing(it will grow even if there's a global recession), so the rich people would always want to buy luxury items. However, I don't think that this growth will be huge and the stock prices of the companies producing luxury items won't be facing a major bull run. The best niches for stock investing are AI/microchip industry, green energy companies, electric vehicles and maybe the weapon industry. The luxury markets will stay stable, but they won't be facing major growth anytime soon.
I don't get your reference about bank robbery. Do you really think that all the rich people became rich by stealing money and scamming the people? Maybe your entire forum thread was just trolling. ;D

I'm just general and don't really want to know the true aims and objectives as what I know is that this is considered a diversification step and to protect assets from uncertain market fluctuations.


Of course, investing in luxury goods tends to be profitable because they are able to maintain their value, and If we follow these trends, we also have an inherent risk impact, namely Market Fluctuations due to geopolitical temperature atmosphere where asset confiscation or account freezing will be very possible, let alone there are binding regulations.

I have experienced 2008 recession and reality is very different than what you have mentioned because everyone right from the highly paid software engineer till local vegetable vendor were affected as the buying power is reduced to great extend and people just limit themselves to basic amenities required for survival and don't look for luxuries I think you need to change your narrative.

The problem with poor is that they do not have enough money to live even a decent life, like I am not talking about Lambos or anything most poor people can't afford to pay their rent and bills that's it. The real problem with middle class is that they can't take risks, you may have a home, either owned or pay the rent, you may pay your bills, you may even go out a day or two every week for drinks at the pub, you may get some takeout, you may get the latest Phillips coffee machine, those are all fine.

But no middle class can quit their job, start a new business and wait until they can make a profit, and even if we assume that they found 100k somewhere and did all that, if they fail then they are going to bankrupt and never recover. Rich can start any business they want and fail, that's their reason to be rich, because if 28 of them fails, 29th may make them even richer.

This must be a modern thinking that I have developed from bitcoin ecosystem and Satoshi Nakamotto: when you hate inflation, create your own money. This way, I cannot afford buying a tesla car but I own tesla shares. Yes, I also agree with OP.

In economics, you can define luxury goods as a good for which demand increases more than proportionally as income rises.  In other words, as people become wealthier, they will buy more and more of the luxury good.

In economy depression, since the income of people become lower, then you cannot expect people to avail luxury goods but more on basic necessities like food and clothing.

You know, I really didn't get where this thread was all going, either your thinking of taking up creating a luxury brand of your own as an investment and put it out there for those that can afford it in the public to patronise you but, luxury isn't always in brands. It could also be in an elusive club with an insane entry fee. Trump has got one and some times, the many members that aboard this is so, they could as well create relations with other well placed persons in the society.

Luxury is a lifestyle, a lifestyle for the few that could afford it and not many of them are criminals. Criminals who tend to pursue luxurious items are often caught as, you end up with an item that is valued more than your estimated worth. It often calls for question and you could end behind bars.

Having to create a luxury brand isn't always an easy to archive goal. Its one that comes with precision in all that you do, the rarity of it and making sure you deliver on quality and stop principles to go by. It being the way to go depends really. Don't forget tax! Well that depends on where your living.

In my opinion, this really depends on each individual's personality, because I have also found that those who have high incomes still use items that are relatively ordinary and it is very rare for these people to look for luxury items that they will use and prefer items that are natural. they buy it and are comfortable when using it and for people with low incomes of course they have to think about their needs first compared to using luxury goods and if those with low incomes force themselves to use luxury goods of course this will put them in financial problems.

They experienced a little drop during the pandemic but still able to survive as many rich people becomes more active buying those luxury brands and I believe every company will be affected by the economic recession and their future will depend on how they will deal with it and for sure, even if they suffered rich people will have their back and still buy their products simply because they already established their brand in the market.

Your wrong here! Cars and other luxurious things have different brands and should i say copied. But they are still gaining value as new ones are coming into existence everyday. The things is the luxurious items will not stop because everyday they are making new ones to beat the old ones while people who loves luxurious things would get prepared to buy them. Value could be given to anything even if they large number of it or they are limited in supply. The land population in the world is much yet we pay so much money to afford landed properties. What causes limited supply is because of the high demand.

When there is so much population and people who can afford all these assets but not everyone can get it unless they have more than enough to buy them. As time goes by Gold and other essential stones will be in high demand and only the richest can get even a fraction of it on their jewelries.

This is the opposite of the truth, demand for luxury goods is not always good in fact the market can collapse so disastrously it can put all but the most well capitalized companies out of business for good.  Its an unnecessary commodity, its an ice drink on a cold day and your costs remain the same as demand and price falls.

Most genuine reference I can easily post is Exters triangle which is the general description of the economy made decades ago.   Secure capital favors not luxury goods but essentials that continue on as a market regardless, though still affected no doubt.

Everyone will view this differently on where to place an asset but its a fair idea that prices can halve for some items of no base worth for most of the population during times of retraction vs the normal monetary expansion we've become used to.

During the pandemic no one was really making cars for the sole reason that no one was buying them.

There was really no need for anyone to buy new cars at that time when they could barely go out safely. There was nowhere else  to go to as well. Everything was restricted and people were forced to stay at their own houses. After everything went back to normal, brands began to bounce back as everyone was looking for luxury items to buy once again.

Companies may not always have constant influx of profit but they surely can recover afterwards.

I think investing in luxury stuff is very risky and quite inaccessible for most. In terms of risk, a recession means that a lot of people are struggling to even cover their basic needs, let alone buy luxury items or stay at luxurious resorts. So there's a good chance you purchase something very expensive but then there's low liquidity and you can't even sell it at a reasonable price. In terms of affordability, luxury stuff requires having enough to actually buy it, which puts a high threshold on this investment. That means you really have to commit to it and can't take it slow, which makes Bitcoin a better option.

In a recession, luxury items that you listed still go down in value. People lost their businesses and many of those possessions like Ferraris are all on credit and they are the first to go when money is tight.

I watched a documentary how someone spent like $20K on some wheels and tires for a Lamborghini. The car was worth more than that and later they defaulted on the loan and the car barely fetched enough money to even cover the price of those wheels and tires. Nobody had money back then and no credit.

So luxury items were still affected.

Although investments are said to be a counter to the economic issues like recession, I still think that the demand for them will be affected negatively because that is the time where people are struggling financially. The word consume seems different from investing. When you say consume I think it's the same as eating on a restaurant.

Even though you feel full and happy for a while, it is still not the same as investing in which you can grow your money over time. I'm not saying that we should not treat our selves anymore, we still can but there should be a limitation to it. No this is not like a bank robbery. That's a crazy example lol. I see nothing illegal on this process but except if they literally do illegal stuff like money laundering, stealing, etc...

Wait a minute! ;D Do people actually still care about Gucci and Fendi stuff? I remember back in campus when Gucci, Versace, Fendi things were the next thing with big boys, these things were used to rate big class from the average class back then and the funny thing is that I envy them that time and I wish I had some for myself too but with time after graduation and see the outside wall of school, I knew there is more too life than luxurious and expensive items because of names. These materials things are just shit show for wasting money and are bad financial mistakes.


People that invest in most of this things don't know about what investment is about and perhaps the got lucky with wealth, like it's possible for someone to invest into something and then make high profits and then spend it  anyhow because the process was easy for them.

One thing people don't understand is that their alternatives to most of these hype materials but because of show off and wealth display, they just want to spend money recklessly without understanding if tomorrow will be the same or not.

The ones that you listed here are nothing but dog water. These are not the luxury items you should be owning if you want to remain in your current financial standing. Gucci bags depreciate faster than your high school crush's sex appeal soon as she steps into college, cars fall in the same batch. You could make a statement when it comes to yachts but their maintenance outweighs the money you will get from owning and holding them, add to this the fact that these fuckers cost you money for gas and oil as well. Only thing that you could really make money out of with the things you listed is hotels and resorts, and this is only because they are real estate, which I also would call you out cause why the fuck would you spend a million dollars in a single RE property just so you could flaunt your cash, when you can diversify and buy rental houses from different locations instead?

Only luxury items you should buy to secure the value of your money is silver and gold, and don't buy necklaces or jewelries with stones either cause soon as those stones are cut and placed on your bracelets, they don't mean shit. Buy ingots and bars of gold and silver, that's where the money's at.

If you really want to save for the rainy days or make sure that you are not losing value on your money, buy art pieces and store them accordingly. These luxury items and their respective stocks fluctuate, and most of the luxury items you speak of depreciate in value after a couple of years unless you really buy those that are limited edition.

There are other things out there that make a good investment which are more accessible compared to other investments out there. One good example are precious metals. In this day and age, it isn't hard to buy jewelries made of gold and silver to stockpile - just make sure to buy from reputable sources though for you to not get scammed.

I agree with you, this is very risky and only a small number of people want these goods and it is very unlikely that those who have difficulty meeting their needs want these luxury goods and it takes a large income to be able to buy these luxury goods and we can buy them after we can meet the needs we need and making Bitcoin an investment I think will be better than choosing to invest in luxury goods that we ourselves will have difficulty selling to be able to meet our needs.

You are right, why act like a stubborn kid, and buy something that comes with a lot of liabilities, while we can still buy their shares and can make money, once we make enough money we will also do the same as rich are doing, buy new tesla. This is a cycle that I think repeats from time to time, generation to generation. BTC and Satoshi's developments have made us realize the potential of investing.

TBH if it's not BTC, then I don't think I would be thinking of investing my money, even if I would be doing a job, either I will save my savings in fiat in some banks or I will buy some things with liabilities. But due to BTC I get into investing, and now I realize the potential of investing and trading as well.

Investing in luxury goods requires large capital and you have to make sure you buy limited production items so that other rich people hunt for the item and you can sell at high prices to rich collectors, but not everyone is lucky to compete in purchasing limited edition items because other people have registered several purchase lists with different register names to obtain investment goods. But investing in luxury goods is also high risk and requires high costs for maintaining the goods, if you choose to invest in jewelry, bags, rare cars and other items. Other risks include fluctuation and low liquidity depending on market demand and collector desires.

I prefer investing in bitcoin rather than investing in luxury goods, the profit from investing in bitcoin will never be in any investment, you just have to hold it in your wallet until you reach the profit you have planned.

Investing in luxury goods involves risks, as with every investment. It is not easy to both compete in the luxury goods market and sell luxury goods as a reliable seller. Capital is required to purchase such goods, and putting your capital into a risky market is not something everyone can do.

I don't know how price fluctuation happens in luxury goods. If there are fluctuations in price, you may lose money on the luxury goods you purchased. No one doing business wants such an outcome.

Avoid influencers promising "easy money" with luxury investments. This game's hidden costs aren't disclosed. Maintenance is serious. Fancy cars need fancy garages, mechanics, and insurance. If you can't afford top-notch protection to keep your diamond-studded watch safe, don't wear it

Next, the market. Fickle as heck. Hot news now may be old news tomorrow. What a select set of collectors believes is cool determines the value of these objects. I promise, their tastes vary faster than the weather

So, the takeaway? Luxury things and Bitcoin aren't guaranteed ways to get rich fast. Both have hazards and demand understanding and dedication that most people don't grasp. The key is balance. If you have the money and are willing to research, luxury investments or Bitcoin may be a good fit. As a bet, it's not guaranteed

The price fluctuations of luxury goods depend on demand and rare items, but you have to join the billionaire economic club because they will buy at high prices when they want even though sometimes considering the risk, they want to buy luxury goods just to show off or just as a hobby, but Some billionaires certainly invest in luxury goods.

However, price fluctuations are not the only risk of investing in luxury goods, but there are many other risks that must be considered before deciding to invest in luxury goods, including buyer interest depending on changes in trends and lifestyles, maintenance costs are very high, make sure the goods are genuine with a purchase invoice or sometimes there are special certificates for luxury goods.

You do realize that liquidity would be scarce if you try to get rid of them quickly. And you would sometimes need to list them for ages to get premium price. Consumer base for those is smaller then other things and if you wanted cash quickly you would most likely need to sell them with huge loss, as people wouldn't necessarily be interested of them at that time without huge discount. And rich people aren't some sort of monolith with their taste. They collect different kinds of luxuries, and your popular luxury now might be niche market in the future.

So why wouldn't you just buy stocks or commodities instead, from an exchange with huge liquidity. Why is it important to own something physical luxury? Just the cost for maintaining and protecting them would set you back so much, that it doesn't seem you thought this though at all.

Yes this true fact luxury item is very risky mostly a hotel as certain environmental changes can influence and course losses just as the so called recession or pandemic where people hardly go it luxury home or even hide to get in contact with people in public place, it can be cheaper to afford in a period of the so called recession and pandemic which is true but certain luxury items need certain period to generate good income assuming you buy a luxury items like building in period of recession or pandemic which lasted for some years the low turn out of people coming in can render you loss as the hotel will need some maintenance at the end of the year in addition to the money you have not recover.

Secondly incident like war you realize that such investment may also facing similar challenge of low turn of people coming in  apart from that if it's located in the are of war the possibility of the structure not being level down by weapon is under 50-50 but in BTC no matter what happens within the environment your covered as every nation can't be at the same level of growth as different investor is involved in Bitcoin you have assurance of you investment yielding for you even where your nation is at war it even pay higher when your holding for long term in Bitcoin.

As far as I know, someone buys luxury goods such as cars or yachts because they tend to have a better price than regular vehicles, when resold, regardless of the brand you buy. Even in some cases, luxury cars and yachts have a higher selling price than before, over time. Because both have special features that not all vehicles have. In addition, the production process is done by hand and involves highly qualified technicians. However, keep in mind, although the price of these vehicles does not fall too much on the market, proper maintenance also plays an important role in the value of the vehicle you have. It may be natural that many people buy luxury cars and yachts but rarely use them or just for display.

Luxury resorts and hotels are clearly a good choice because people will always need them, there will be operational income and property values will always increase. This investment can be an alternative investment diversification for wealthy people who may have invested in other areas such as stocks, bonds, or other real estate. In this case, luxury resorts and hotels are an attractive choice because they can provide diversity in their investment portfolio, so that if one instrument experiences a decrease in value, investment in hotels can still provide stable returns.

Yes, of course it requires a lot of capital to be able to invest in luxury goods and also to maintain them it also requires high costs. Of course this will be very difficult for us if we don't have a lot of funds to be able to keep these goods at a high price, because if we If you don't have sufficient funds for maintenance costs, of course the item cannot be sold at a high price.
Currently investing in Bitcoin will certainly be very profitable compared to investing in luxury goods which require quite a lot of money to maintain.

That is not necessarily true because during a recession not everyone will have economic difficulties, there will be people with good business ideas who can still make money and even become rich. Like the Covid pandemic when the entire world economy fell into crisis, everyone was unemployed and had no income. But some of my friends took the risk of opening a company that produces masks and hand sanitizer, they have made a lot of money during the pandemic while we are sitting at home waiting for subsidies from the government.

Economic recession, inflation, and crisis only cause difficulties for low- and middle-income people, while the upper class is hardly affected too much.

Take iPhone as an example, iPhone 14 and 15 sales always reach record sales, demand is always high despite the world economy being very unstable in the past 3 years. That clearly shows that there are always people making good money even in an economy where many people still struggle to make ends meet on a daily basis.