Topic: Luxury items stock will be good way to go - page 4. (Read 817 times)

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 )

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.

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.

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.

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

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.

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.

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'

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.

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 .

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.

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.

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?

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.

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.

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.

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.

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.

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.  

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.