ilmscore | Prediction Details
"I recently saw a YouTuber talk about how you shouldn't buy Rolexes full stop as it's a liability but if you dig into that a bit further you find that there are specific Rolexes that I have held the value or gone up in value over time and the same goes with specific artwork so it really is about educating yourself and there's no kind of generalizing all items into one category"
By Nischa | December 1, 2022 | Pending
From video
5 Financial Mistakes I've Made in the Last 10 years 00:01:36 - 00:01:57
Interpreted Prediction
Certain luxury items like specific Rolexes or artwork can appreciate in value, indicating they can act as assets rather than purely liabilities, emphasizing the need for individual asset research.

Prediction Details

Topic
Asset vs. Liability

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