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Money and Finances
Reply to "Should I buy my DH a Rolex?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A good luxury watch is also an investment. Like fine art, their value increases over time.[/quote] Lol! Like art .... yes, good comparison....[/quote] NP. I don't know about the art comparison but the Rolex I bought 20 years ago for $6,000 ago has doubled in value. Doesn't make me want to go buy another, but [b]its definitely not a depreciating asset like cars/boats.[/b][/quote] Maybe, maybe not. It depends on the model. Simply buying any Rolex doesn’t guarantee it will (eventually) go up in value. However, the Rolex GMT I purchased for $4500 ten years ago is no selling used for $15-$20k. Daytona models are currently selling for much, much more than that. [/quote]
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