Luxury items stock will be good way to go

[passwordnow]

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.

I see of it as a sad trend and effect to their audience. It's because the comparison starts with those content creators living lavishly and showing the life that they have. It gives that thought to the viewer if they're doing well in life or not and that's why countless comparison is there that results badly emotionally to the audience of these people. That's why if these viewers can't contain watching those content creators making contents about luxury things and the way of their living, they should stop watching them if the effect to their lives is no good.

While for some it becomes an inspiration to do better in life, they're taking it as a challenge to do work hard and achieve their goals. But soon, when they grow up, they'll come to realize that life isn't all about these luxuries and lavish living. It's about how contented we are in our lives and don't look at the lives of others so that you'll avoid to compare what you have and what they've got.

But as we know, social media is full of fake and pretending people. One can be gullible into what's shown to their videos but look after them in real life, only a few of them are really living that kind of life.

[Dewi Aries]

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.

I think this is really real and we often find it nowadays, where social media is a place for most people to show their ownership, especially luxury goods, and everyone who sees it will assume that it is their property, but actually sometimes there are also Some of them actually show off luxury items that don't belong to them, the scenarios can vary and usually more often than not they are rented items that they use to post on various social media to increase their popularity.

Actually there is no problem with this luxurious lifestyle, but with the idea of ​​renting it alone I think we can conclude that they cannot afford to own these things but force themselves to show off to everyone which means that it is very likely that they are trapped in a luxurious lifestyle while the situation the finances are not supportive. And actually the real rich people are those who have a very simple lifestyle, often I find rich people who look very simple, don't show off everything they have, don't buy various luxury items that are extravagant (not potentially profitable) but they have a lot of assets.

[erep]

Actually there is no problem with this luxurious lifestyle, but with the idea of ​​renting it alone I think we can conclude that they cannot afford to own these things but force themselves to show off to everyone which means that it is very likely that they are trapped in a luxurious lifestyle while the situation the finances are not supportive. And actually the real rich people are those who have a very simple lifestyle, often I find rich people who look very simple, don't show off everything they have, don't buy various luxury items that are extravagant (not potentially profitable) but they have a lot of assets.

The life scenario of every rich person is different, in fact they are the ones who show off their wealth the most from all the assets they own and although some relatively rich people choose to live simply, the point is that they deserve to show it off because they can afford to buy anything without having to lie to other people, in contrast to middle class people whose hobby is showing off rental items and they do that without thinking about being able to buy that item, they waste money just to get popularity and praise, but rich people they buy luxury items for investment and think schemes they work to make a profit from luxury items they have used.

[STT]

Wealth is not produced by people pretending on Instagram to be rich.  That whole show off lifestyle is nothing new, conspicuous consumption was a stated trend decades ago only technology has altered the view and accelerated timing.

Wealth comes from production efficiency, any contraction in the economy will make people alot less rich even the luxury goods sector.  In fact a product without genuine use has no demand in a weak economy and the investment does not hold.  The glitz on Instagram is connected to the economy via advertising they will suffer like any other sector.

[reagansimms]

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 obsession is too big, friend, take a look around you, how many rich people have the desire to buy or stock luxury goods as the best choice. I would prefer that you suggest keeping items that are unique (antique), rare and have long historical value, because they will be worth much more in the future. Luxury goods will never be immune to recession, these luxury goods will never be able to maintain their prices due to being unable to compete with the latest edition products.

Never get caught up in the marketing strategies you see in advertisements, let them pass you by and start focusing on the real goals. Think about how to make money to fulfill your desires in the future, investing in Real Estate, land, gold and Bitcoin can bring big profits for you, when you can secure the capital and use the profits to fulfill your desires, then it will be the best choice.

[Dewi Aries]

Actually there is no problem with this luxurious lifestyle, but with the idea of ​​renting it alone I think we can conclude that they cannot afford to own these things but force themselves to show off to everyone which means that it is very likely that they are trapped in a luxurious lifestyle while the situation the finances are not supportive. And actually the real rich people are those who have a very simple lifestyle, often I find rich people who look very simple, don't show off everything they have, don't buy various luxury items that are extravagant (not potentially profitable) but they have a lot of assets.

The life scenario of every rich person is different, in fact they are the ones who show off their wealth the most from all the assets they own and although some relatively rich people choose to live simply, the point is that they deserve to show it off because they can afford to buy anything without having to lie to other people, in contrast to middle class people whose hobby is showing off rental items and they do that without thinking about being able to buy that item, they waste money just to get popularity and praise, but rich people they buy luxury items for investment and think schemes they work to make a profit from luxury items they have used.

Yes it is a simple difference between rich people and middle class people, I don't know about what the purpose of people who don't have the means to get something they want by renting a luxury item and showing it off, but what is certain and quite reasonable is yes like what you say is that most likely the goal is to gain praise and popularity. But actually it also quite depends on something, or the meaning is that if they do this based on a goal, such as showing off something with the aim of trading and collaborating with the brand or company that owns the item, then yes, that's not a problem, because I Look at the many influencers or content creators who do this, where their selling style is to show an item they have to attract the attention of many people and then promote it. But if the aim is only to seek praise then of course that is an action that I think is not wise. Although yes I understand that everyone is free to choose, but if your choice is not useful or does not have the potential to be profitable then it is better to use your money to something more useful.

[Silberman]

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.

I think this is really real and we often find it nowadays, where social media is a place for most people to show their ownership, especially luxury goods, and everyone who sees it will assume that it is their property, but actually sometimes there are also Some of them actually show off luxury items that don't belong to them, the scenarios can vary and usually more often than not they are rented items that they use to post on various social media to increase their popularity.

Actually there is no problem with this luxurious lifestyle, but with the idea of ​​renting it alone I think we can conclude that they cannot afford to own these things but force themselves to show off to everyone which means that it is very likely that they are trapped in a luxurious lifestyle while the situation the finances are not supportive. And actually the real rich people are those who have a very simple lifestyle, often I find rich people who look very simple, don't show off everything they have, don't buy various luxury items that are extravagant (not potentially profitable) but they have a lot of assets.

That is the way things are right now, as I know several people that seem to be obsessed with buying all kind of clothes and accessories from expensive brands and they may seem to come off as being wealthy, but the reality is that they have their credit cards maxed out and they have no cash either, so as soon as there is the smallest problem on their lives, they are unable to deal with it and they face all kind of economic difficulties as they wanted to live a lifestyle they cannot really afford.

[coolcoinz]

The problem with luxury brands is that they aren't like gold. They have their own leaders and these leaders can make mistakes that can lead to depreciation. Balenciaga is a good example of this, but many brands had their own fuckups.

Cars are much better, but they're difficult to maintain. You can't just buy a Ferrari as an investment and hold it parked somewhere on your property. You need a garage, oil changes, you have to keep the car clean and insured and all of this costs you money.

[Smartvirus]

Cars are much better, but they're difficult to maintain. You can't just buy a Ferrari as an investment and hold it parked somewhere on your property. You need a garage, oil changes, you have to keep the car clean and insured and all of this costs you money.

The one thing not considered in having a luxury brand. You get to do them maintenance and they aren’t small bills, it’s big bills baby and you maintain the polish to ensure, it doesn’t wear off over time or fade away.

Also, there are company policies to check on, especially for them limited editions. You never own it all but, that’s rich people problems. It might be the way to go for some but, naaahhhh, it’s not really a thing for me. If it ain’t giving periodic returns, then there have got to be a lot of considerations about it.

[STT]

Cars are speculative if we're being honest, a commodity with limited supply but in of itself not a yielding investment especially.  Unless someone is running a taxi service high end customers paying for a ride in a Ferrari its quite unlikely.

I know someone who got a F40 for a few hundred thousand in 2008 but otherwise its about luck, right place right time now he profited.

[franky1]

gucci has revenues of 9billion but market valuation of only 16billion (177%)
pepsi 99billion revenue but has a market valuation of $228bill (229%)

only certain people can and want gucci so has a limited fan/customer base.. however everyone has tried pepsi atleast once in their life

go with the companies that target the most people. if there is always a customer, there is always a future for the business