03.freeman

Long term investments - 2019: LVMH - LVMUY - MC.FR

Long
03.freeman Updated   
OTC:LVMHF   LVMH-Moet Hennessy Louis Vuitton
Long term investments - 2019:
This is a series of posts on long term investment for 2019.
Every serious investor establishes a solid money management with a balanced risk factor.
Investing 100% of your savings in forex or crypto currency is like make a blind all in at poker.
So a key factor is to choose which asset allocation suites better for you and to found low risk investments on long term.
This investment and assets suits my needs.

Today choice is LVMH group but could be other luxury assets. This is why:
1- The World Economic Forum ( WEF ) pubblished the new World Inequality Report 2018 where it is highlighted an increase of inequality between high and low salary. As a consequence, who has money can spend more in luxury stuff and luxury assets will continue to grow in long term.

2- Technically speaking, the first strong resistance area is between 352 and 364, so there is enough room at north for increase its value.

3- Looking at seasonality charts (2015-2019), best moment to buy are January, July and September.

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Trade closed: target reached:
Again, everything was excatly as described!!! It was a really good investment

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