Financing A More Exclusive Lifestyle

exclusive lifestyle

Financing A More Exclusive Lifestyle

It’s surprising that the emerging market is now the biggest consumer of luxury goods, as reported by Deloitte, where a more mature audience once held the title. This will require luxury brands to reinvent their marketing approach in order to accommodate their new clientele. With an increase in income and more access to loan products, the new luxury consumer is fully equipped to have all they desire.

But what is it that this elite group of consumers really want?

Fast Cars Are No Longer Enough
While speed is still a requirement in fast cars, the more exclusive ones are those that tend to lure the dollars. These are the limited edition cars that ensure they remain exclusive. Cars such as the Ferrari Pininfarina Sergio are more than just vehicles with a high price tag. Although the approximate $3 million asking price may not be considered much for those who have cash at their disposal, this figure could rise due to its exclusivity. Ferrari decided to only manufacture six of these models, making it one of the most coveted vehicles on the planet.

 

A Home to Call Their Own
There are homes and then there are abodes that make luxury hotels seem a little dated. These homes are kitted out with top of the range items from furniture right through to appliances, fittings, and more. These pads also need all the amenities such as tennis courts and landscaped gardens. Custom designed pools may require a bit more than just basic pool knowledge as waterfalls and built-in hot tubs are part of the package. Green home design initiatives are also a must-have and no expense is spared in getting the perfect design out.

 

Music Items You Won’t Find In Every Cabinet
It all starts with a crisp and clear sound that resembles studio quality. But it doesn’t stop there. An array of specialized materials that ramp up the price tag, such as gold, platinum, and leather, also feature in these gadgets. For Sennheiser Orpheus HE1 headphones, the price tag of $50,000 may seem steep but considering that only 250 are made per year, exclusivity is guaranteed. Hook these up to a VPI Classic Direct Turntable that retails for a massive $30,000 and a superior musical experience is guaranteed.

 

Although money can’t buy everything, it certainly affords those who have it with an array of exclusive options. Money thrown at the right items can provide comfort, pleasure, and even relaxation. The finer things in life make the tough journey to the top worth it.
Posted in
Loss on Sale of 1244 Stock

Loss on Sale of 1244 Stock

Have you considered a loss on sale of 1244 stock as a tax strategy? Ordinarily, a loss on a sale or exchange of stock is a capital loss. Capital loss treatment is generally less advantageous than ordinary deduction treatment because of the fact that a capital loss recognized by an individual is applied, first against…

Section 213 Medical, Dental, etc., Expenses

Section 213 Medical, Dental, etc., Expenses

Section 213 Medical, Dental, etc., Expenses (a) Allowance of deduction There shall be allowed as a deduction the expenses paid during the taxable year, not compensated for by insurance or otherwise, for medical care of the taxpayer, his spouse, or a dependent, to the extent that such expenses exceed 7.5 percent of adjusted gross income.…

Deducting "Other" Business Expenses; Prevent an IRS Audit, 10 Strategies

Prevent an IRS Audit, 10 Strategies

Prevent an IRS Audit, 10 Strategies Do you like to prevent an IRS audit, well, here are 10 strategies that might help avoid an agent making a visit to your home or office. I don’t know many people who like these experiences, but knowing strategies to prevent an unwanted visit could certainly save you from…

10 Strategies When Handling an IRS Audit

10 Strategies When Handling an IRS Audit The IRS is using new technology to process tax returns and conduct tax audits. As more people are submitting returns through Electronic Filing, the IRS efficiency in processing returns is improving. They also have more data in their system to identify tax returns with non-compliance issues. The IRS…