ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
12 April 2018, 10:03 AM | #30 |
"TRF" Member
Join Date: Oct 2017
Location: los angeles
Posts: 19
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excellent information here on Rolex as "investment." I think when people use this word they are using it to describe whether it serves more as storage of wealth rather than buying shares of stocks or bonds. Currently the stock market is at all time highs and in due time our portfoilos can decrease anywhere from 20-50% with a recession.
IMHO, if we have desirable Rolex models, it will retain much of its value and in 10-20 years the return will be of equal and/or higher value. General invesment advice do suggest keeping 'hard assets' in our portfolios at approx 10% which refer to precious metals (ie gold, silver). Why not have a Rolex as part of that category. -JR |
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