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Anonymous

18 Apr 2019

General Investing

Would investing in luxury watches or gold be a better idea?

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Discussion (1)

What are your thoughts?

Hariz Arthur Maloy

Hariz Arthur Maloy

09 Apr 2019

Level 15·Independent Financial Advisor at Promiseland Independent

These 2 are very very different and quite impossible to compare fairly.

Gold is a commodity, it has natural value stored to it. It has typically been a way to adjust against inflation.

Watches have value only because someone else is willing to pay for it at a price. It's an open market thing. Similar to art and other alternative investments.

Inherently a painting has no value. It's purely demand and supply based.

Not saying its a good or bad things. Just that can't compare between the two.

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