Should You Invest in Rolex Watches?
Are Rolex Watches a Good Investment? In this video I explore whether luxury watches e.g. Rolexes are a good investment and explain how their value as increased and changed over the years. According to my Appraisal findings, Rolex watches have indeed increased in price over the last decade as one of the most popular time pieces. This is due to the brand's high status brand appeal and famous people who have adorned them throughout the years e.g. Sir Winston Churchill, Paul Newman, Steve McQueen, etc. In fact many Rolex watches have increased more than 10% percent over the last few years which are attractive in scope compared to the S&P500 . Despite a current recession they still hold a high amount of demand among the wealthy and collectors alike. For example, The highly coveted Rolex Submariner has risen more than + 10.5 percent in the last few years alone. *Like Always, do your research ahead of time and make your own informed investing decisions.
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