Post
Topic
Board Economics
Re: Luxury items stock will be good way to go
by
o48o
on 30/05/2024, 23:46:03 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.

You do realize that liquidity would be scarce if you try to get rid of them quickly. And you would sometimes need to list them for ages to get premium price. Consumer base for those is smaller then other things and if you wanted cash quickly you would most likely need to sell them with huge loss, as people wouldn't necessarily be interested of them at that time without huge discount. And rich people aren't some sort of monolith with their taste. They collect different kinds of luxuries, and your popular luxury now might be niche market in the future.

So why wouldn't you just buy stocks or commodities instead, from an exchange with huge liquidity. Why is it important to own something physical luxury? Just the cost for maintaining and protecting them would set you back so much, that it doesn't seem you thought this though at all.