In recent times they’re literally a better performing ASSET than all the things I listed in OP.
There’s multiple sources saying this, they’re very much an investment, better to actually have than cash
Cars on the other hand depreciate like milk. I don’t think you’ve read up on this enough
I have a masters degree in Reddit financing.
In recent times they’re literally a better performing ASSET than all the things I listed in OP.
There’s multiple sources saying this, they’re very much an investment, better to actually have than cash
Perfect timing. Just got a 10k increase for the last quarter. Which one should i invest in?
But Rolex’s appreciate over time…
they're not commodities so this trend is something reliant on the current market remaining both inclined towards rolexes AND stable enough to allow luxury goods to appreciate as a whole
sure rolexes have a higher rate of appreciation right now but something like real estate will never actually lower in value because it has not only a tangible, but a fundamental market function that aids its value
Perfect timing. Just got a 10k increase for the last quarter. Which one should i invest in?
Whatever you like but I think submariners are the best to invest in (Ion like em)
they're not commodities so this trend is something reliant on the current market remaining both inclined towards rolexes AND stable enough to allow luxury goods to appreciate as a whole
sure rolexes have a higher rate of appreciation right now but something like real estate will never actually lower in value because it has not only a tangible, but a fundamental market function that aids its value
Rolex’s have increased in value year on year since they were manufactured…
They’re an extremely stable commodity
Rolex’s have increased in value year on year since they were manufactured…
They’re an extremely stable commodity
do you know what a commodity is
do you know what a commodity is
Got an A level in economics lol but that was many a year ago
But Rolex’s appreciate over time…
for now
the value of a luxury item is in the perceived status it brings
if the culture shifts away from rollies they could deflate in value
homes have pragmatic purposes, land has tangible value outside of fashion
for now
the value of a luxury item is in the perceived status it brings
if the culture shifts away from rollies they could deflate in value
homes have pragmatic purposes, land has tangible value outside of fashion
It’s stabley always increased from their inception and it’s spiking rn if anything
That’s the selling point of a Rolex the strength of its brand
does business insider do sponsored content?
Just google if a Roleys an investment they all say the same thing
Just google if a Roleys an investment they all say the same thing
im not saying their not an investment, i'm questioning the security of it relative to commodities
im not saying their not an investment, i'm questioning the security of it relative to commodities
Historically been very secure and only on the up
Your questioning a bubble that’s never burst
Historically been very secure and only on the up
Your questioning a bubble that’s never burst
And you are basing investment advice on future, uncertain movement. The past does not predict the future.
The environment heavily influences ALL investments. There are unlimited environmental factors that could happen at any time that could cause the value of Rolex’s to go down. Just because it has never happened, does not mean it can not or will not.
Saying X has gone up forever, so it will continue to go up forever is not sound logic.
For a Rolex, asset security is quite literal. Anyone can come and steal that s*** 😂