Post
Topic
Board Economics
Re: Luxury items stock will be good way to go
by
Casdinyard
on 27/05/2024, 15:57:01 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.

The ones that you listed here are nothing but dog water. These are not the luxury items you should be owning if you want to remain in your current financial standing. Gucci bags depreciate faster than your high school crush's sex appeal soon as she steps into college, cars fall in the same batch. You could make a statement when it comes to yachts but their maintenance outweighs the money you will get from owning and holding them, add to this the fact that these fuckers cost you money for gas and oil as well. Only thing that you could really make money out of with the things you listed is hotels and resorts, and this is only because they are real estate, which I also would call you out cause why the fuck would you spend a million dollars in a single RE property just so you could flaunt your cash, when you can diversify and buy rental houses from different locations instead?

Only luxury items you should buy to secure the value of your money is silver and gold, and don't buy necklaces or jewelries with stones either cause soon as those stones are cut and placed on your bracelets, they don't mean shit. Buy ingots and bars of gold and silver, that's where the money's at.