Aston martin Quote by Colin Jackson
“My biggest vice is having bought solid gold watches over the years. I concentrate on brands like Cartier and Tag Heuer. I would not spend money on an Aston Martin because it would depreciate. Gold is different. Some of my watches I never wear because I feel they will drop in value.”
About This Quote
Source Interview: Personal Finance Podcast, 2021
The speaker values tangible assets like gold watches over depreciating luxury cars, viewing them as stable investments despite limited personal use.
In simple terms: Gold watches are seen as lasting value versus cars that lose value.
Invest in assets that retain value over time.
Themes
Mood
Type
When to use this quote
- collecting
- wealth management
- luxury goods
- asset allocation
Key Concepts
Questions to Reflect On
- Are you buying for status or genuine investment?
- How do you balance enjoyment versus financial prudence?
Gold’s value can be volatile and not always liquid.