Post
Topic
Board Economics
Re: Luxury items stock will be good way to go
by
avikz
on 21/05/2024, 16:42:55 UTC
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.


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.