1Wk·

Luxury is for those who don't need it.

Cash holdings increased.

Latest figures from $MC (+1.77%) , najaaa 🫩

In the end I am satisfied. Standing at just under -40%.

adé, it was nice. 👋🏻 (well, not really, but ok!)

20.10

LVMH

Sold x11 at €612.10

€6,733.10

3.68%

14 Comments

Kate🦋@Iwamoto

1Wk

Everything done right. Better to invest in an ETF than in this whale.

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Basti1983@Basti1983

1Wk

@Iwamoto is always a matter of opinion. If you have taken advantage of the fall in the share price to make a new investment, I don't think you can go far wrong with a company of this type. I see it more as an ETF in the luxury sector. But it's always a matter of taste

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Manny@Superrichy

1Wk

@Iwamoto I got in at € 827 and kept buying to get the buy in down. Blocked a lot of capital

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Kate🦋@Iwamoto

1Wk

@Superrichy You describe the falling knife on the one hand, and the opportunity costs on the other 💸

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Kai@Dividenden-Sammler

1Wk

@Iwamoto Is $MC not an ETF in itself?

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Kate🦋@Iwamoto

1Wk

@Dividenden-Sammler You can see it that way, but unlike in an ETF, you have an individual share risk here. It's like a dog biting its own tail.

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Max@Divident_e

1Wk

@Iwamoto This is the way

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Leon@Investingyoung

1Wk

@Iwamoto this whale performs better in the long term than the msci world but it doesn't matter anyway because $BC and $RMS are the better choice anyway

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Darth Vader@TheRealDarthVader

1Wk

@Iwamoto Says the active share buying blogger ;)

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ShindyDeanMartin@ShindyDeanMartin

1Wk

I say it again and again, if luxury, then real luxury. $RMS and $RACE are the right contacts. Possibly $BC.
Significantly more crisis-proof, more resistant and higher growth

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John@arvabu

1Wk

Have fun stayin poor

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Manny@Superrichy

1Wk

Thank you, that has made my decision easier. I sold 50 % at a loss, approx. 300 €. Will go into the loss pot. Now I'm a bit more liquid again.

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Timo@Aktienorang-Utan

1Wk

@Superrichy I also lost around €300 in the loss pot.
I'm glad if I could make your decision easier :)