The Money Podcast Why a Rolex is Better Than a Savings Account
Jul 20, 2025
Discover why investing in a Rolex might outshine traditional savings accounts. The discussion highlights specific models like the Submariner and Daytona that not only serve as status symbols but also as assets against inflation. Learn how luxury watches can preserve wealth over time, and explore the financial advantages of their increasing value. The host shares personal anecdotes and market insights, emphasizing patience and informed purchasing in the luxury watch market.
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Rolex Outperforms Savings Accounts
- A well-chosen Rolex can outperform a savings account, which generally loses value to inflation.
- Savings accounts rarely offer interest rates that beat inflation, leading to a net loss of money over time.
Special Editions Retain Value
- Not all Rolex watches hold value; standard editions may drop unless they are special anniversary models.
- Choosing the right edition, like the Kermit anniversary, is key for value retention and growth.
Inflation Destroys Savings Account Value
- Inflation outpaces bank interest rates, meaning money in savings accounts loses real value over time.
- This erosion is often unnoticed in the short term but detrimental long term.