Post
Topic
Board Economics
Re: Luxury items stock will be good way to go
by
reagansimms
on 22/07/2024, 04:25:17 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.
Your obsession is too big, friend, take a look around you, how many rich people have the desire to buy or stock luxury goods as the best choice. I would prefer that you suggest keeping items that are unique (antique), rare and have long historical value, because they will be worth much more in the future. Luxury goods will never be immune to recession, these luxury goods will never be able to maintain their prices due to being unable to compete with the latest edition products.

Never get caught up in the marketing strategies you see in advertisements, let them pass you by and start focusing on the real goals. Think about how to make money to fulfill your desires in the future, investing in Real Estate, land, gold and Bitcoin can bring big profits for you, when you can secure the capital and use the profits to fulfill your desires, then it will be the best choice.