deal2deal
2023-01-18

I bought $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ wallet as a new year gift.  I also invest inluxury brands. The best luxury brands to invest in are Dior, Hermes, Chanel, and Louis Vuitton. They normally hold their value the best and are easier to resell. Some items even go up in value if you choose the right classic piece.

Luxury brands are basically immune to price structuring and inflation. “Their margins are high, and they can put up their prices, because that is what their deep-pocketed customers already expect.” So when investing and reselling the item, you might expect the same high return.

There’s one key pointer to keep in mind when making your luxury investment, however: authenticity. Whether you are buying diamonds or handbags you will always want to make sure you are getting an authentic item. The rise of the counterfeit market (and manufactured gems) has become an issue as demand has increased for these coveted items — so always look for brand identifiers, ask for certificates of authenticity and consult an expert when needed for a second opinion.

@Tiger_chat 

Have You Bought These Luxury Brands?
Deloitte recently released Global Powers of Luxury Goods 2022, announcing the top 100 luxury companies in the world for 2022. The luxury sector showed strong resilience, with a cumulative decline of 8.8% in 2022, while the $S&P 500(.SPX)$ fell 19.4% over the same period. ----- [TOPIC] Have you bought these brands? Which brand will you buy as a new year gift? What's your view towards the luxury sector performance? Do you invest in luxury or luxury stocks? ---- [REWARDS] Join our topic to win tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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