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  • Jun 22, 2023
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    1 reply

    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

  • Jun 22, 2023
    Gabrieljesus

    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.

  • Jun 22, 2023
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    1 reply
    Gabrieljesus

    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?

  • Jun 22, 2023
    WRU

  • Jun 22, 2023
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    1 reply
    Gabrieljesus

    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

  • Jun 22, 2023

    asset security > asset return rate

  • Jun 22, 2023
    WRU

  • Jun 22, 2023
    Hurdle33 dog

    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)

  • Jun 22, 2023
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    1 reply
    americana

    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

  • Jun 22, 2023
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    2 replies
    Gabrieljesus

    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

  • Jun 22, 2023

    how are you giving investment advice without knowing what a commodity is

  • Jun 22, 2023
    americana

    do you know what a commodity is

    Got an A level in economics lol but that was many a year ago

  • Jun 22, 2023
    americana

    do you know what a commodity is

    Lmbao I was way off

  • Jun 22, 2023
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    1 reply

    Just copped a rolex

  • Jun 22, 2023
    Drry

    Just copped a rolex

  • Jun 22, 2023
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    1 reply
    Gabrieljesus

    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

  • Jun 22, 2023

    Meek won

  • Jun 22, 2023
    gregor samsa

    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

  • Jun 22, 2023
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    1 reply

    does business insider do sponsored content?

  • Jun 22, 2023
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    1 reply
    gregor samsa

    does business insider do sponsored content?

    Just google if a Roleys an investment they all say the same thing

  • Jun 22, 2023
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    1 reply
    Gabrieljesus

    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

  • Jun 22, 2023
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    1 reply
    gregor samsa

    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

  • Jun 23, 2023
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    1 reply
    Gabrieljesus

    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*** 😂

  • Jun 23, 2023
    Gabrieljesus

    Nah lol

    Which models usually appreciate better?

    stainless steel sport ones

  • Jun 23, 2023

    Hard af