A Rolex watch....for many around the world, a status symbol, an overt display of having made it,.....and this especially more so in Asia.
I've always been confounded by this peculiar obsession of people with obtaining a Rolex watch. 'Cause after all, it is not a brand that is known for its innovation, 'cos admit it.....its designs have been around for decades with slight variations only every now and then. But what puzzles me is that these watches maintain their value and in many cases even increase their intrinsic value over time. A large percentage of 'owners' keep their watches at home, or in safety deposit boxes.....for fear of being robbed, or just to exchange it back again for hard cash when 'hard times' knock on the door.
I wouldn't have started this topic if there wasn't a personal side to this story. My dearest tried for years to convince me to purchase a Rolex, because of its appreciating capacity. But to no avail, I've remained stubbornly with my ol' trusted Tag........but okay, have to face the reality.
My Tag won't appreciate at all, on the contrary........and if a Rolex really does give me a healthy return (as opposed to the bleeping money market).....should start considering to get one
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