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?
Choosing a luxury watch is a matter of taste and perhaps those who buy luxury watches have much better finances so deciding to buy a luxury and expensive watch is not a problem for them.
But if the question was addressed to me then I would definitely prefer to invest money in a much more productive place, such as buying several assets that have good potential in the future.
People tend to look at things based on need and suitability and if this question is asked to people who do not have good financial resources then they will choose investment.
But in reality, almost everyone would love to have luxury and expensive items, but it all depends on someone's purchasing ability.