Whoever downvoted this: For example, if you purchased a… Idfk a Rolex watch and it gained value over 40 year and you kept it pristine condition and never wore it and sold it at auction, is that a scam or just market fluctuations? Is it a scam that someone would pay twice as much at auction for a watch that due to others opinions gains market value or just ridiculous?
It’s no one’s fault or a scam that an item in the future gains value. Is it a scam that a video game system can become more valuable in 20 years or just a product of opionated market value?
It’s not fucked up to have nice things of value. People put payment plans on nice things that they may choose to keep in pristine quality for decades before it gains value and sell it at auction, is the person who did a payment plan for the item and has an item of value that gains value over time more fucked up than the person who can buy the same item outright to do the same?
It’s the fact that people who are stupid rich do it but if I, a person in financial poverty does the same, through a payment plan I’m a fucking idiot for not saving money.
So when does it become okay to buy nice things at a ridiculous value to have financial security in non-liquid assets?
When, in your opinion does it become okay to buy a nice piece of jewelry or a nice painting and storing those away properly until they gain more value?
I mean shit people collect baseball cards and wait until they gain value. It’s such a normal thing, to hold value in assets.
Whoever downvoted this: For example, if you purchased a… Idfk a Rolex watch and it gained value over 40 year and you kept it pristine condition and never wore it and sold it at auction, is that a scam or just market fluctuations? Is it a scam that someone would pay twice as much at auction for a watch that due to others opinions gains market value or just ridiculous?
It’s no one’s fault or a scam that an item in the future gains value. Is it a scam that a video game system can become more valuable in 20 years or just a product of opionated market value?
It’s not fucked up to have nice things of value. People put payment plans on nice things that they may choose to keep in pristine quality for decades before it gains value and sell it at auction, is the person who did a payment plan for the item and has an item of value that gains value over time more fucked up than the person who can buy the same item outright to do the same?
It’s the fact that people who are stupid rich do it but if I, a person in financial poverty does the same, through a payment plan I’m a fucking idiot for not saving money.
So when does it become okay to buy nice things at a ridiculous value to have financial security in non-liquid assets? When, in your opinion does it become okay to buy a nice piece of jewelry or a nice painting and storing those away properly until they gain more value?
I mean shit people collect baseball cards and wait until they gain value. It’s such a normal thing, to hold value in assets.