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.

They are obviously liabilities because in an onset, it is not considered an asset neither does it profers you financial benefits and incomes generations at the times of its usage with you. They are basically termed to attribute your personalities with the huge tittles of living an expensive life with expensive belongings. There is no financial benefits with such status of portfolios.