Why Your Rolex May Be an Even Better Investment Than Stocks, Real Estate and Gold

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Belgique Dernières Nouvelles,Belgique Actualités

The value of the average Rolex increased by 160% over the last 10 years.

Rolex Submariner 116610LN It’s not a surprise to find out that Rolexes are in demand. After all, it is the world’s best-known watch brand. What is surprising, though, is how well the timepieces have performed when compared to other investments over the last decade. Bob’s Watches found that Rolexes easily outperformed both gold and real estate during that time after analyzing market data from mactrotrends.net and the Federal Reserve Economic Data database.

“We were surprised by how much the values have appreciated,” says Bob’s Watches founder and CEO Paul Altieri told the financial publication. “We were hoping to come up in the top three, so we were happy that it was number one.” We wouldn’t be surprised if Rolexes continue to prove to be a smart investment for years to come. Demand for the brand’s timepieces has

 

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Belgique Dernières Nouvelles, Belgique Actualités