First of all, I am not a luxurious person, and I have no passion for such things. I would rather use the luxury purchase here as a crypto investment. At least in this way, it is possible to produce a profit.
Instead of buying a luxury that can't be considered an investment, I remembered that I watched someone when the iPhone Pro Max 15 was first released. There was an interview, and he was very happy that he had bought an iPhone Pro Max or that he already had one, and he said that it was a good investment. I just laughed because what he was saying was not true and he didn't seem to know what he was saying.
Every expensive gadget, as time passes, decreases in value, not increases, unlike real estate, which increases in value as the day or time passes.
I respect your decision of not being a luxury person but I disagree in the part where you not considering some luxury items as investment. I believe you read the OP post before coming to say this, he made it clear the kind of luxury his was referring in the context, and those are really good investments plan. Owning some of those expensive watches are also part of investment, they are even some art works that appreciate with time as well that is if you’re an art person, some also worth millions of dollars. I really can’t tell what makes them have so much value like that, but I’m just pointing out that they are not bitcoin or real estate.
Owning a gadget is no form of investment, no matter how expensive it might be. Because as time goes by new features and grades will come out. Personally I love luxury and love to keep it simple and being a watch person. Having this expensive watches is my dream and joy. I am better off with my watch than having necklaces on. This doesn’t mean I won’t also invest in crypto and real estate to. The aim is to have them all, and hope to have best yield from any of the investments.