Quote from: alastantiger on July 08, 2023, 12:31:05 PM

Luxury watches at the top end of the market can be considered as an alternative form of investment. While I don't possess extensive knowledge about watches, my understanding from available information suggests that reselling them can yield a substantial profit. The return on investment for luxury watches tends to be quite satisfactory. Prominent examples of such watches include Patek Philippe, Rolex, and Audemars Piguet, some of which have a waitlist spanning two years. Most of these watches tend to appreciate in value.

However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?

I'm actually quite surprised why people are interested in spending a lot of money on a watch that in fact is only worn on the hand, it's the same with women's bags (hermes brand or louis vuitton), some people make the price seem unreasonable.

While I have no desire for expensive items, I just want to invest in Bitcoin - gold and property. I often fantasize that if I had bitcoin at the current price, when the price of 1 bitcoin = $100k then the value of the money I have would increase 3 times and that would be very profitable for me. However, for gold, the price tends to be stable, while property is an investment asset that is not easy to sell, only Bitcoin is the best and has very high interest compared to gold and property.