• Moet Hennessy Louis Vuitton LVMH LVMH is the world leader in high quality products. This stock is performing well. Is it recession proof?

  • May 8 2021
  • Length: 9 mins
  • Podcast

Moet Hennessy Louis Vuitton LVMH LVMH is the world leader in high quality products. This stock is performing well. Is it recession proof?

  • Summary

  • Sephora. You can invest in Sephora stock. Did you know that instead of just being a consumer of the Sephora Brand. I mean, instead of walking into the Sephora store and buying make up,  you could buy some of that company’s stock instead. The name of the company is.

    Moet Hennessy Louis Vuitton LVMH

    LVMH is the world leader in high quality products. The ticker symbol of this stock is LVMUY.

    Hello Tens. Welcome back to the show. My name is Charles Thornton and this is the Tendollarinvestor podcast. Each week I will share what I am doing to invest in my future and build an ongoing legacy for my descendants. I am starting from the beginning. I plan to show people what I am doing to earn money from nothing by any means necessary, with the following criteria: It will be legal and ethical.  I want to have dividends from my dividends, You don’t hear me. I want my dividend from my investments and watch it grow to something big. While many people continue to waste their hard earned money, I will buy something that will pay me. I want to have many revenue streams. As I learn and grow,  I will share the good and the bad with the Tens. The Tens are the community of 10dollarinvestors that listen and interact with this podcast. I am not a legal or financial advisor. I am just a person that is trying to entertain you by sharing and documenting my journey, for my family,  friends, and Tens.

    According to the Dividendchannel.com the LVMH last stock price is $150.84 and the last quarterly dividend in April of 2021 was 95 cents and the dividend yield is only 1.27%. At first glance this would appear that it is not much. However, the growth of this company

    is nice. So again the price of LVMH stock is $150.84 at the time of this writing.  One month ago this stock was $135.50. One year ago this stock was $75.87. 5 years ago LMVH was $33.22. In 2002 LVMH was $7.62.  If you would have invested $1000 in LVMH in 2002 then you would have $19,795 essentially that is $20,000. How many of your Tens could have invested more money than just $1000. How wonderful would it be if someone would give $1000 in this stock to celebrate the birth of a child.

    I figure that I need to be a part of this. I have purchased $25 of LVMUY on the Stockpile app. I am definitely going to buy more in fact. I will buy enough of the LVMUY that equals the same amount of money that bottle of  Dom Pérignon Champagne cost.

    I will buy a bottle of Dom Pérignon when I have earned enough money from this Podcast after I have saved at least 10 percent then drink the bottle with a group of people on a YouTube channel to celebrate.

    Tens I hope that you continue to save at least 10 percent of all that you earn.

    I will include many links to help with my journey. I am including a link to the Robinhood investment app so you can get a free stock and I get a free stock at the time of this episode so when we discuss our stock in the next episode we can all be ready to make a purchase after you all have sought out advice from a financial professional. I am not a financial advisor.  I am sharing my journey and what is working well for me. Don’t forget to check out the The Richest Man in Babylon: Original 1926 Edition

    Join Robinhood with my link and we'll both get free stock 🤝 https://join.robinhood.com/charlet741

    Thank you so much for supporting me.


    --- Support this podcast: https://podcasters.spotify.com/pod/show/charles-thornton1/support
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