Let me take it one step further.... in case the other half doesnt buy this ... yet
Quote:
Originally Posted by Dan2010
Now is it a great INVESTMENT? I never said that. I just analyzed the cost of ownership. Could I have used that $7,600 and turned it into more money. Well duh. .
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Point 1) Right now , $7,600 on your hand is appreciating at about the same rate as the money in the bank. At around 0% p.a. . Yes , if you sell now you won't get back all of it , but in a year or two , you probably will. So unless you lose it , and its not insured , its as safe as money in the bank.
Point 2) Could you turn it into more money.... well sure you could (maybe) but with risk to the original capital amount - risk and reward stuff - whereas with Rolex there is no risk
So go buy a Rolex
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