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
Topic: Luxury items stock will be good way to go (Read 817 times)
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.
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.
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.
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.
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.
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.
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.
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.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.
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.
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.
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.
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. 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.
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.
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.
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. 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.
That's why nowadays no one spends money on education and improving their skills, they only spend it on lifestyle.
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.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.
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.
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 spendThe 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.
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. 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.
That's why nowadays no one spends money on education and improving their skills, they only spend it on lifestyle.
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. 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.
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
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.
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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.
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
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.
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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.
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 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.
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