Luxury items stock will be good way to go

[Moreno233]

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.

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.

[Obari]

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 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 .

[iBaba]

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.

[arallmuus]

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.

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'

[jrrsparkles]

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.

[Miles2006]

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.

[topbitcoin]

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.

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

[Faisal2202]

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 )

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.

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.

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.

[poodle63]

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.

[harapan]

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?

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.