Even with luxury, there is no money to be made in the short term at the moment. So goodbye to $RMS (-0.51%) . In future, I should stay true to my motto and stay away from consumer goods of any kind.
Unfortunately, it's really tough at the moment. Both $RMS and $RACE have really reduced the size of my wallet. In the medium term, however, I believe in the recovery in the sector, especially $RACE is really interesting at the multiples. I'm really thinking about going long here before the numbers come in
The multibagger has entered the luxury consumer market with leverage. As I cannot afford the $RMS (-0.51%) share, I have opted for a moderate derivative. I have been watching it for over 2 months now. It never went lower than this morning's level. So I think it's worth taking a risk.
