Buying a Rolex today or for the past few years, would have actually been a pretty solid investment - it's hard to purchase a new one, because there's usually wa

Buying a Rolex today or for the past few years, would have actually been a pretty solid investment - it's hard to purchase a new one, because there's usually waiting lists, and most stores prioritize their VIP clients. Used market blew up around COVID, and people have made some pretty nice returns on flipping Rolex. Hell, I have a couple of co-workers that collect watches, and they mostly just store the real-deal in their safes, and wear high-end replicas in public. But I get your point. Unfortunately there seems to be lots of kids in the the lower socio-economic classes that spend all their money on expensive sneakers, hoodies, and other luxury brand clothes. Spending $1k on a designer hoodie, when you make $15k / year, isn't the smartest financial decision - to put it mildly.