Seeking Alpha

Strong luxury sector has a few cracks

  • Though most signs have pointed to strong demand from luxury buyers this holiday season, there are a few concerns about the Henrys. The set of spenders known as "High Earners Not Rich Yet" could be peeling back a little bit.
  • China-focused Tiffany (TIF -0.4%) and brand-strong Michael Kors (KORS -0.9%) are expected to skate through just fine - but Nordstrom (JWN -0.1%), Ralph Lauren (RL +0.6%), and Coach (COH -0.2%) could feel a Henry-pinch.
Comments (2)
  • LTA2013
    , contributor
    Comments (3) | Send Message
     
    Up until this last six months, I had never done any investing on my own. I have become a member of a few investing letter service's. I lost 10K on IOC this week, and I am a little disillusioned with how I am learning how this really works.

     

    I would appreciate some advice or idea's on which way to invest.
    11 Dec 2013, 06:20 PM Reply Like
  • rvn0
    , contributor
    Comments (137) | Send Message
     
    @LTA2013 you only lose money if you sell low. All else is paper loss. Investing is long term commitment ie. buy quality and hold. Also never put all your "eggs" in one basket.
    Gambling is another story and a lot more exciting.
    11 Dec 2013, 07:46 PM Reply Like
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