Re: Grudge Match - The Saga Continues......
On the contrary, stock market investment is about timing and the power to diversify. So if you allow for beta/risk-adjustment, stock market carries higher risks than collecting watches - especially if you are risk-averse.
Now, which is a "waste of time"?
Spending thousands buying Gucci and LV handbags (Ladies), or
Spending thousands modding car?
Beg to differ. If you have a fervent eye, watches, in itself as an asset class, is not a depreciating asset. I have seen trades with huge profits on the likes of Lange and Patek. Other tiers watches have claimed value retention over the years. All this in the wake of emerging secondary markets for used watches. And more savvy collectors. So it is not a waste of time. Get these facts right.rodders said:Stock market of course. Collecting watches is a waste of time.
On the contrary, stock market investment is about timing and the power to diversify. So if you allow for beta/risk-adjustment, stock market carries higher risks than collecting watches - especially if you are risk-averse.
Bet it was US and China.rodders said:Korea was partitioned by the United States and the Soviet Union or by the United States and China?
Now, which is a "waste of time"?
Spending thousands buying Gucci and LV handbags (Ladies), or
Spending thousands modding car?