- 10/4/24
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In my opinion, if you buy a gen and wear it every day is going to get scratched and will inevitably lose value i.e. if you want to maximise investment you wouldn't wear it, or not regularly at least. Even vintage models, a pristine vintage is worth more than a scratched one. For this reason reps make a very compelling case if you plan daily use (you are not eroding thousands of $ while using it).
Can be a good investment if you buy it and keep it in the drawers / store it, and even then it requires 10 years minimum to appreciate 'materially' (unless you time the market perfectly) and also finding a buyer willing to choose yours over many others, which can take a long time. To me it doesn't make sense.
The stock market offers a variety of investment opportunities, as well as liquidity / ability to get out of the investment when you want.
I'd buy a gen if I can afford it, plan to wear it and keep for a long time, not to expect a large capital gain.
Can be a good investment if you buy it and keep it in the drawers / store it, and even then it requires 10 years minimum to appreciate 'materially' (unless you time the market perfectly) and also finding a buyer willing to choose yours over many others, which can take a long time. To me it doesn't make sense.
The stock market offers a variety of investment opportunities, as well as liquidity / ability to get out of the investment when you want.
I'd buy a gen if I can afford it, plan to wear it and keep for a long time, not to expect a large capital gain.