Invest
Is a Rolex Watch a good investment? Or a Birkin?
By Financial Horse  •  July 13, 2022
This article was submitted by a Guest Contributor. The opinions expressed in this publication are those of the Guest Contributor. 1. What type of luxury goods are worth buying?  While the last few years have been a roller coaster economically, luxury goods have steadily held up demand among retail shoppers, and even increased significantly in prices. And this phenomenon isn’t new either. Hermes Birkin bags are famously worth their weight in gold – in fact, they hold value better than gold. A Birkin Faubourg bag (a very rare, limited edition version of the Birkin) recently sold for €158,000 on Vestaire Collective (a second hand luxury good platform), which is many times the price the original owner paid for it. Vestiaire Collective notes that the average price of a Hermès bag is up 15% in 2022 compared to last year....
Read the full article
By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance