1Mon·

Luxury, quality and patience: LVMH in the depot

I have recently expanded my portfolio and now hold 30 shares in LVMH. The group stands for strong brands, pricing power and long-term stability like no other. $MC (-0.61%)

29.01

LVMH

Bought x2 at €543.90

€1,087.80

14 Comments

KoenigsRasse@KoenigsRasse

1Mon

15 shares are in. Unfortunately, my portfolio is escalating to such an extent that I can't add any more. Otherwise I would of course do the same.
It's just the geopolitical confusion and American politics, but I'm sure that will soon be sorted out. For me, $MC is an ETF in itself, a share for life

•

DerDanner@Therapeut

1Mon

@KoenigsRasse By escalate do you mean negative returns?

••

KoenigsRasse@KoenigsRasse

1Mon

@Therapeut 😂 no, I mean too many shares too diversified, and slowly LVMH is taking up too much space. That's what I meant, after Bitcoin. The second largest positions meant depot.

••

Mau@ProMau

1Mon

I've also been thinking about adding here. Probably won't be a portfolio rocket but will provide stability.

•

Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Mon

@ProMau Stability? To me, this has looked like a pretty wild ride with violent ups and downs at least since 2020.😅🤷🏼‍♂️

•

Mau@ProMau

1Mon

@All-in-or-nothing all the better for the coming years when the key figures normalize again somewhat

••

Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Mon

@ProMau what your hope is. It's by no means set in stone 🤔

•

Mau@ProMau

1Mon

@All-in-or-nothing if that were set in stone, I would go all in 🤦🏼‍♂️
No one can predict the future

•

Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

1Mon

@ProMau In my view, the recent past shows quite clearly that "luxury" is in fact dependent on the economy. Or $MC is not as luxurious as many people think. My opinion, but I would be careful with too much hope for an improvement in any of the key figures.

•

Solitair@Solitair

1Mon

@ProMau They are now where they were five years ago. I'm glad I'm out of it. I'd rather buy an ETF.
Also note: increased withholding tax on dividends and French transaction tax.

•