Quote from: ichsan ardi on January 15, 2024, 07:38:37 PM

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?

It depends, maybe a few, yes, I will buy 1 or 2 luxury watches, but if I want to protect my money, overall I will buy Bitcoin and gold, especially Bitcoin, which is the easiest to carry anywhere and without the energy to move it.

This is one of the reasons why I love to invest in Bitcoin compared to any other physical assets. The convenience, hassle free and stress free possession of Bitcoin is unrivaled.