1J·

Need for action Yes/No ?

My long-term problem child $MC (-1,81 %) is not making it easy for me.

I've been in the red for months and it doesn't look like things will improve quickly in the near future. What are my fellow shareholders doing about this?

Sell and restructure or just put your feet up and wait and see?

13 Commentaires

DerDanner@Therapeut

I suffer with you.

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Yannik@Yannikz

Although I suffer with you, I am still convinced in the long term due to the broad brand portfolio and the clear focus on luxury, quch if it goes on like this for a few more years, nothing has changed in my thesis

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KoenigsRasse@KoenigsRasse

Buy more 🚀 Improve the share price and be happy at the end and collect divis 😉

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financial_wizard_1713@financial_wizard_1713

Buy and Hold🤝 savings plan is set for me, LVMH is a "luxury ETF" for eternity.

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Snoxi@Snoxi

I would say continue to suffer and wait and see. If you think long-term then it shouldn't be a problem. But I feel for you

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Ruben Schoff@Sand

No need for action at all, is an absolute basic investment, incredibly well diversified with the countless brands of a family that manages the UN top and constantly buys its own shares, which pays off in the long term. PS: come to the AGM in Paris and if you still want to sell, we can't help you 😅

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Raketentoni@Raketentoni

I tagged you in a post from this morning, where I wrote something about $MC

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ShindyDeanMartin@ShindyDeanMartin

Shifting into real luxury would be my suggestion.
But yes, the luxury sector in general is very weak.
Here are a few examples of real luxury that I have either in my portfolio or in the WL.
$RMS
$BC
$RACE

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alphawolf@alphawolf

@ShindyDeanMartin would rather avoid the luxury sector, if at all

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ShindyDeanMartin@ShindyDeanMartin

@alphawolf I think it's an interesting addition, diversified to the dollar and as long as there will be super rich and an ego, there will always be this luxury😋😅

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Billy O' Naire@IBilly

Stay completely relaxed.

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Mav83!@Maverick4831

Continue to save every month 🤷🏻‍♂️

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Chiefwiggum@Hidalidsch

I might fill up my loss pot

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