Luxury items stock will be good way to go

[hafiztalha]

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.

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.

Bro, every market goes up and down and people make Money and here are many people who lose money by investing in luxury things. So before investing in luxury things,you should study the technical analysis and you should  focus on market either it is going up or down. If you invest your money with great analysis and great study of graphs ,you can be successful by investing in luxury thing. Avoid investment in luxury things if you have no knowledge and you are talking step due to  only opinion of your friends. I is dangerous for any person who is investing his money.

[Mr.sprin]

Bro, every market goes up and down and people make Money and here are many people who lose money by investing in luxury things. So before investing in luxury things,you should study the technical analysis and you should  focus on market either it is going up or down. If you invest your money with great analysis and great study of graphs ,you can be successful by investing in luxury thing. Avoid investment in luxury things if you have no knowledge and you are talking step due to  only opinion of your friends. I is dangerous for any person who is investing his money.

In my opinion, it's fine if you want to invest in luxury goods, but you have to remember that not necessarily luxury goods will always be profitable, there are times when the goods are priceless, and be careful when buying luxury goods, don't let them be lured, but instead we end up wanting them. cheated by irresponsible people, study the price charts for these goods so that we are not easily lied to and fooled by other people, we have to buy things a lot, because when we need money in the near future it is not easy to sell These items have to take a long time, because not everyone wants to buy these items at a high price, everyone has their own benchmarks so be careful when investing in luxury goods.

[Marvell1]

Bro, every market goes up and down and people make Money and here are many people who lose money by investing in luxury things. So before investing in luxury things,you should study the technical analysis and you should  focus on market either it is going up or down. If you invest your money with great analysis and great study of graphs ,you can be successful by investing in luxury thing. Avoid investment in luxury things if you have no knowledge and you are talking step due to  only opinion of your friends. I is dangerous for any person who is investing his money.

Is there any market that does not require knowledge and analysis if we want to profit from it? Before starting a business or investing in any field, we not only need to have knowledge but also need to analyze whether that field is really suitable for us or not.

The luxury goods business has very potential and is even very profitable, but in addition to capital and knowledge, we need to have relationships with rich people. Large capital will not be an advantage but the first necessary condition for you to start a luxury goods business, and knowledge is indispensable in any field. But in this field, finding customers is extremely difficult and relationships are the key factor, so I think it's not as easy as we think. That's why we can see that there are not too many people doing this business model except the upper class.

[Fortify]

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.

There is a grain of sense in what you're saying and it's part of what stock market traders will often try to do. When you're deep in the midst of a recession these luxury goods manufacturers will be suffering the most, because even the richest are not immune to recession and are looking to conserve their money, plus the segment of society that stretch or borrow far beyond their means to buy these items will evaporate. So that (like most stocks) is the best time to buy into these companies as they will often soar way higher when you start to pull out of recession. Besides that, the items that they actually sell are often greatly overpriced and often become celebrity vanity purchases.

[Silberman]

There is a grain of sense in what you're saying and it's part of what stock market traders will often try to do. When you're deep in the midst of a recession these luxury goods manufacturers will be suffering the most, because even the richest are not immune to recession and are looking to conserve their money, plus the segment of society that stretch or borrow far beyond their means to buy these items will evaporate. So that (like most stocks) is the best time to buy into these companies as they will often soar way higher when you start to pull out of recession. Besides that, the items that they actually sell are often greatly overpriced and often become celebrity vanity purchases.

Besides the demand for luxury items is different, for example art, specifically paintings, are luxury items and they will always be popular as they are a very portable form of wealth, as someone that is incredibly rich can buy one for millions of dollars and move all that money surreptitiously whenever they want and resell it for a higher price, as another rich person wants to do exactly the same, however things like bags or cars do not have this capacity, and as such under that scenario they will not be on high demand.

[Gaza13]

In my opinion, it's fine if you want to invest in luxury goods, but you have to remember that not necessarily luxury goods will always be profitable, there are times when the goods are priceless, and be careful when buying luxury goods, don't let them be lured, but instead we end up wanting them. cheated by irresponsible people, study the price charts for these goods so that we are not easily lied to and fooled by other people, we have to buy things a lot, because when we need money in the near future it is not easy to sell These items have to take a long time, because not everyone wants to buy these items at a high price, everyone has their own benchmarks so be careful when investing in luxury goods.

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

[uswa56]

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

That's right, the price of every luxury car will of course decrease in price as time goes by and also because there will always be new releases of this type of luxury car and I agree with you that the cost of maintaining a luxury car is very large and if we don't have a lot of wealth it certainly isn't the right choice to own a luxury car.

Every type of item that is difficult to find will of course be very valuable and diamonds are very valuable, but if we want to benefit from luxury items that we must have, it would be better if we had a house and could rent it out and of course this will not be in vain after buying it.

[Qiubell5]

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

I really agree with your thoughts. It's true that buying a luxury car for the long term doesn't make the item increase in value, in fact the more it goes down the price goes down and the more money you lose because the value goes down. It seems like you need to consider it when buying it, it's different from buying diamonds because I think diamonds the market price is very good and tends to increase every year to invest in luxury goods in it and it is a very appropriate choice even though the price is very expensive, however we must first understand that the luxury goods we buy do not necessarily bring profit and require broader thinking by examining first.

[slapper]

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

I really agree with your thoughts. It's true that buying a luxury car for the long term doesn't make the item increase in value, in fact the more it goes down the price goes down and the more money you lose because the value goes down. It seems like you need to consider it when buying it, it's different from buying diamonds because I think diamonds the market price is very good and tends to increase every year to invest in luxury goods in it and it is a very appropriate choice even though the price is very expensive, however we must first understand that the luxury goods we buy do not necessarily bring profit and require broader thinking by examining first.

You drop a hundred grand on a Bugatti, it loses ten the second you drive it off the lot. It's a toy, not a nest egg. Diamonds? Sure, they sparkle, but the market's a fickle mistress. Don't get blinded by the bling. The true flex is financial peace of mind. That allows you to spend on experiences, on people. You know, the things that actually matter. I'm not saying don't buy nice stuff. But for god's sake, be smart about it. Don't invest in depreciating junk. Invest in yourself, in your community. That's the kind of return that lasts

[Juse14]

............

I really agree with your thoughts. It's true that buying a luxury car for the long term doesn't make the item increase in value, in fact the more it goes down the price goes down and the more money you lose because the value goes down. It seems like you need to consider it when buying it, it's different from buying diamonds because I think diamonds the market price is very good and tends to increase every year to invest in luxury goods in it and it is a very appropriate choice even though the price is very expensive, however we must first understand that the luxury goods we buy do not necessarily bring profit and require broader thinking by examining first.

Investing in luxury goods such as cars is quite risky, even though the number of cars we buy is very limited. Because you can imagine there are so many car companies that every year each company releases its newest car. That's where competition arises, and usually the prices of cars released in the previous year can drop drastically.

and it is true that when talking about luxury car maintenance, the maintenance costs that must be paid are quite fantastic. Not to mention the taxes are quite high. So what you say is true, that before we decide to invest in luxury goods such as cars, please think again carefully.

and as for those who invest in luxury cars, I think if it weren't for their hobby, maybe they would never decide to buy a luxury car and invest in it, because this is really risky.

[erep]

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

Buying a car is not a luxury investment which is not profitable because the country sets very high taxes for new cars and other vehicles compared to the base price in the car production country, you have to pay usage and maintenance costs, when you sell the car there is a high risk of loss even though the car has been used a year, unless you collect classic cars under 1990 but the car is still well maintained and has an attractive exterior/interior, collectors will buy at high prices.

But diamonds are a good choice for a collection of profitable items. These items can support a luxurious appearance when you appear in public spaces, but all decisions depend on each individual to buy profitable items in the future, prioritize items that are your hobby so that you will pay attention and taking care of the item because you like the item, even without the intention of selling the item for profit.

[Promocodeudo]

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...

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.

Op fail to understand that when it comes to investment, you must go for what you can afford and what many people can be able to buy, the world is going through financial crisis at such not every has the money or are even interested to invest their money in luxury even though such fund is available, the world is in its digital state and everyone is embracing digitalization with full force so luxury is not an option at the moment.
I agree with you that crypto investment is more preferably to this forum users and they value having Investment in it than luxury itself, many opportunities present itself in crypto ranging from how to invest and the long-term profit, I think luxury investment and patronage are only meant for the weathy people, so for me having an investment their is not an option to me because I don't have the funds to do so and even if i have the capital to invest I will rather invest it in Bitcoin which has a more secured features and no inflationary effect.

[iv4n]

...

Op fail to understand that when it comes to investment, you must go for what you can afford and what many people can be able to buy, the world is going through financial crisis at such not every has the money or are even interested to invest their money in luxury even though such fund is available, the world is in its digital state and everyone is embracing digitalization with full force so luxury is not an option at the moment.
I agree with you that crypto investment is more preferably to this forum users and they value having Investment in it than luxury itself, many opportunities present itself in crypto ranging from how to invest and the long-term profit, I think luxury investment and patronage are only meant for the weathy people, so for me having an investment their is not an option to me because I don't have the funds to do so and even if i have the capital to invest I will rather invest it in Bitcoin which has a more secured features and no inflationary effect.

What many people fail to understand is getting rich and keeping wealth are two different things. You need to be very rich in order to invest and buy real estate and luxury items, it preserves wealth and at the same time brings profit in the long run. But for many of us, it's out of reach because we are talking millions of dollars and up.

That's why we small players have to expose ourselves to greater risks for our small investments to bring some significant profit. And it's one of the reasons why investing in crypto in general is what most of us prefer. But maybe one day we will get in a higher league and then we will think about diversifying our portfolios.

[@nn@_pen9]

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

I really agree with your thoughts. It's true that buying a luxury car for the long term doesn't make the item increase in value, in fact the more it goes down the price goes down and the more money you lose because the value goes down. It seems like you need to consider it when buying it, it's different from buying diamonds because I think diamonds the market price is very good and tends to increase every year to invest in luxury goods in it and it is a very appropriate choice even though the price is very expensive, however we must first understand that the luxury goods we buy do not necessarily bring profit and require broader thinking by examining first.

I totally agree with you, not all luxury goods always bring us benefits. If someone really wants to buy a luxury car, usually they really understand the mechanisms or risks of what they are buying, this could be from insurance as you mentioned above and so on. It could be that he wants to channel his hobby which has not been realized so far by buying the car he wants.

I think people who overspend understand exactly what they will do with their money in the future.  You can invest or buy diamonds, property, shares and so on which will have a beneficial impact on your master.

[Dzwaafu11]

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.

Most of the luxury things many people buy nowadays are just for fashion. Although what the OP is talking about is considerable, the thing is that not everyone sees buying luxury things as that many people are buying luxury things just to impress or show up, or they have been known or are celebrities, so they want to be counted among rich people that have the same thing, and that is why many youths keep buying something they don’t mind. Some of them are forgetting to spend money on where more money will come from, which is to just get what they want at the actual time. 

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.

Yeah. Normally many people are out there who we think have the money but some of them uses their last card to purchase cloth. Some people rather be broke and buy luxury thing they don mind to go broke they just want to get the luxury cloth and other stuffs so that they can recognize in where they go or in social media platforms which is kind of bad attitude in my opinion

[Zoomic]

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.

I do not know which country you are from but in my country, during recession, the purchasing power of everyone reduces, including that of  the wealthy ones in the society. People become more interested in items that are of necessity and not just for the sake of luxury. During recession, demand for  luxurious items fall and they are only acquired if the need for it is very important.

When I purchase any item, i go for value whether a luxury item or not. I do not see the need for luxury items most times except such an item is really neccessary to acquire. It must be something of quality, has some unique features which cannot be easily found in regular items or serves as an investment. Many do not really care about the value they will get from investing in luxury brands, as long as such acquisitions will boost their social status and increase their prestige, they are okay. In spite of all these, recession makes lot of people spend carefully, except they didn't work hard to earn that money

[SUPERSAIAN]

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.

It's all about ego racing and self-satisfaction, that's why people spend money. Brands meet this demand of people. Some brands do not even need advertising, but in this day and age, everyone, whether they have money or not, is in a shopping frenzy and is constantly consuming, and advertising companies naturally increase this desire.

That's why nowadays no one spends money on education and improving their skills, they only spend it on lifestyle.

[ndutndut]

In my opinion, it's fine if you want to invest in luxury goods, but you have to remember that not necessarily luxury goods will always be profitable, there are times when the goods are priceless, and be careful when buying luxury goods, don't let them be lured, but instead we end up wanting them. cheated by irresponsible people, study the price charts for these goods so that we are not easily lied to and fooled by other people, we have to buy things a lot, because when we need money in the near future it is not easy to sell These items have to take a long time, because not everyone wants to buy these items at a high price, everyone has their own benchmarks so be careful when investing in luxury goods.

This depends on what luxury goods you buy which are not profitable. If you buy a car, of course the price of every luxury or ordinary car always decreases in price every year and there are also costs you have to pay, for example maintenance and insurance costs, tax costs. you have to pay to the local government. Of course, this cost is not small and you have to comply with the regulations of the country where you live. Usually, in my opinion, priceless items are diamonds because this item is definitely a rare type and the type of manufacture can be categorized as having unusual precision. So in my opinion, buy something that you can get feedback on so you don't waste the money you spend

We as ordinary people may think as you said, it is better to buy diamonds than collect luxury cars and luxury goods. However, for those who are truly rich, they make the luxury items they like into investments that they find very attractive. Because for them, apart from being financially profitable, there is satisfaction in being able to have the item they are looking for. Besides, I'm sure rich people use luxury goods as investments, they already have investments elsewhere. Investing in luxury goods is just for fun, apart from seeking satisfaction, you also want to make a profit.

The reason is that quite a few rich people make luxury goods from well-known brands with a luxurious appearance and exclusivity, the price of one item can reach tens of thousands of rupiah. So it's no wonder why there are rich people who want to collect luxury goods, even though the prices are exorbitant. Because their goal is investment and they know this market is never empty, and the luxury goods market is currently growing. However, not everyone can enter this investment and never invest without preparation.

[justdimin]

What many people fail to understand is getting rich and keeping wealth are two different things. You need to be very rich in order to invest and buy real estate and luxury items, it preserves wealth and at the same time brings profit in the long run. But for many of us, it's out of reach because we are talking millions of dollars and up.

That's why we small players have to expose ourselves to greater risks for our small investments to bring some significant profit. And it's one of the reasons why investing in crypto in general is what most of us prefer. But maybe one day we will get in a higher league and then we will think about diversifying our portfolios.

Yeah, specially long term investment is what I like and that is better, I think we should consider the fact that a lot of us are here because we like to do something that may take a while, and it is not that easy, we need to make sure that we know what we are doing before we do it all.

I hope that people would actually do something much better, it may not be all that easy but it will be quite good when the time comes. Hope is the only thing we have and what we can do right now is focus on whatever we can do. I believe that it may not be that great, but at the same time I think we could probably share stuff that will be simple. The best we can do right now would be just focusing on the things we need to be able to do with time.

[Silberman]

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.

It's all about ego racing and self-satisfaction, that's why people spend money. Brands meet this demand of people. Some brands do not even need advertising, but in this day and age, everyone, whether they have money or not, is in a shopping frenzy and is constantly consuming, and advertising companies naturally increase this desire.

That's why nowadays no one spends money on education and improving their skills, they only spend it on lifestyle.

Social media has had a huge effect on this growing trend, on social media people can present themselves as they like, and if they use all of those expensive and useless luxury items they give the impression of living a lifestyle that is enviable and many people will want to do the same, which in turn drives the demand for those items, so people in their desperation to come across as successful, now prefer to look the part and forget about actually trying to build their wealth.