Topic: Luxury items stock will be good way to go - page 5. (Read 831 times)

Hermes, Christian Dior, LVMH, Kering, Estee Lauder and Richemont those are well performing stocks shares.

It’s definitely one of the few things that are not affected by economic recession. That’s because only a few percentage of people can actually afford these things and even with economic recession, these small pool of people still can afford to buy these things. Even in an economic decline, they will still buy luxury items which in the eyes of the poor is such an exclusivity they want to be a part of.
Poor people will try and get rich just to buy these luxury items as it often is the symbol of wealth so they feel like once they buy some of the brands you mentioned,they have reached peak life.

That's because there's a conspiracy behind it, that they're not really lowering prices and that inflation isn't real, they will never make luxury items go down in prices just because the people are suffering from the economic turmoils that are happening, they sell luxury to the people that can afford it anyway and if the poor people can't buy it, that's usually their fault, I mean why buy something that you know will make you go broke? I don't think that's ever going to be any outside problem, it's a you problem, you care more about your appearance than your finances then you'd suffer.

It's difficult to also go for investment in luxury brand though, you're going to need to wait for awhile for the price to go up and not all luxury items really go up in price, you need to hunt the ones that are exclusive or limited edition to really get that bang for your buck kind of deal if you invest in them.

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.

there are only a few people who make money these days. probably the inside traders. and the kings like whats mentioned above.

only the rich people are buying that stuff nowadays. but its surprising to see them buy these items when they know prices depreciate after a few years. these are spenders but the people who are looking into the future i think will not buy them. do they think it's an investment?

From the economic dynamics of the world, it is obvious to all that they greater the number of the poor the higher the riches of the elites. The middle class is in society is gradually disappearing because of the widening gap between the rich and poor.

The report of the King of Swaziland buying 19 Rolls-Royce for his wives and 120 BMWs for his children and other family members is a testimony of what op is saying. King Mswati III also owns two private jets and a fleet of cars which includes luxury cars like  BMW X6, Maybach 62, Rolls Royce, and about 20 Mercedes Benz S600 Pullman. Yet Swaziland is one of the poorest countries in the world. The reason why these luxury or expensive brands are still doing well in the market is because they are making profits. Some people are making enough money to spend on luxury. While some people don't know where their next meal will come from.

Money don't just disapeare but will change the hands.
If someone lose then someone wins.
think how much can bring one corrupted country leader into luxury branding world and his family ?
And even some drug cartels ?
You see you just Invest and wait the money coming to you without you doing anything much yourself.
To be honest i don't know where else so much money coming in let's say there is economic crash so economical activities will be low it's even better because people with money have time for holidays and vacations and they will spend a lot for luxury yachts hotels cars shopping you as normal person cant even imagine how much they can spend just look at the prices in Monaco and you can see that no matter what's the general economic situation we always have still a lot people who will spend huge amount just for Luxury.

This is really bad advice and is not reflective of what actually happens in a recession. Nobody is immune in a recession and the rich also choose to tighten their belts at the same time because there is a lot of fear circulating through the economy when it occurs. The rich see their stock market investments plummet and are susceptible to all the same emotions as the average person. The best time to buy into luxury good manufacturers is when you think the bottom of a recession has been reached and the general stock market climate is becoming more positive again with upward trends. Luxury goods are often just marketing ploys anyway, a logo or brand that celebrities wear which often is the same quality as you find elsewhere.

Yes even not so rich spend time for luxury brands what more you can even rent or buy now pay later (allmost like mortgage style or car leasing finance style )
But off course natural resources like oil gaz...you know those companies can come and go and different political geopolitical situation can change situation like 10 years ago i was thinking about to invest russian stock markets or company shares now Im happy i don't do that.
But why have stress and fight over wealth let the others fight with each other but no matter who's winner they all will buy luxury goods that's the final destination of money from oil tycoons or other tycoons for example emirates Dubai the second place it's food but aswell stocks related with food could be not sure since we live in the world where always fight over resources and commodities i don't want to invest in unreliable unsure things.
So the final destination will be Luxury goods and it doesnt matter If the buyer are from asia middle east or from Western countries.
If we look at the final destination of money it's france italy as one of the biggest fashion and luxury brand sellers.
Im sure many people don't look the investment that way often since everybody looking the oil and real estate.
I would say oil and commodities and even real estate could be a lot more uncertain and can not pleasent surprises.

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.

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.

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.