Lamie
2022-06-07

An index that tracks the prices of Rolex watches fell 5% in May after a booming year of increases.

Watch sellers were asking for overly "optimistic" prices in February, WatchCharts founder Charles Tian said.

Even with the decline, luxury watches have still performed better than stocks or crypto in 2022.

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Comments

  • PenelopeHood
    2022-06-07
    PenelopeHood
    Do you think it's still good to buy any luxury watch or related stocks?
    • Lamie
      can buy when it dips as its dividends 0.06 is very good which will be ex date in Aug. Plus AGS have been buying back at prices around 2.36.
  • FrankRebecca
    2022-06-07
    FrankRebecca
    Fell prices of Rolex watches may make more consumer buy them.
  • BerniceCarter
    2022-06-07
    BerniceCarter
    Stocks or crypto in 2022 are not really good in fact.
  • 杰力安心睡大觉
    2022-06-07
    杰力安心睡大觉
    [Serious]
  • tkkkkkkkkkk
    2022-06-07
    tkkkkkkkkkk
    👍
  • neosg
    2022-06-07
    neosg
    hold
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