Comment on Go into debt if you have to

• darklamer@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

  Interesting! This background story makes it much funnier: dailydot.com/…/buy-a-rolex-go-into-debt-if-you-ha…

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  • boonhet@lemm.ee ⁨6⁩ ⁨days⁩ ago

    Does a regular ol’ Rolex actually ever appreciate?

    Never thought of buying one and honestly couldn’t afford at the moment, but maybe start a small collection when I’m 40 or 50 so I’d have something to hand down to the kids besides boring-ass money?

    Then again if I really wanted to flex that bad, I could just walk into a Ferrari dealer in shorts and a t-shirt and buy one. If I was rich enough to avoid Rolexes in the first place because apparently a Ferrari is like 4 or 5 watches.

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    • subtext@lemmy.world ⁨6⁩ ⁨days⁩ ago

      There are certainly better investment options. You don’t see Jeff Bezos sinking his fortune into Rolexi

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      • boonhet@lemm.ee ⁨6⁩ ⁨days⁩ ago

        Oh definitely. You can’t really go wrong with an index fund tbh. I meant that as more of a theoretical: Suppose that you want to leave your (grand)kids something with sentimental value that also appreciates in monetary value, would a Rolex collection fulfill that purpose?

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• JustJack23@slrpnk.net ⁨6⁩ ⁨days⁩ ago

  Strangely enough, it both versions makes no sense

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