not a very balanced article, but what do you expect? .. forbes to write an article saying -- yeah, a rep is a good inverstment..
lets take a look at it from an investment point of view .. --
spend $300 getting a sub from a TD, or $8000 buying the same sub at a rolex AD --
what would be a better investment? -- 10 years down the road .. with proper maintenance the rep sub will probably still be working.. but even if it died lets say 2x -- and you replaced it, you still would have spent only about $1000 or less .. -- the value of a $8000 sub today in 10 years, is probably less that $8000 .. (they are not that rare).
$7000 invested today in a nice index fund is probably going to be worth north of $10,000 in 10 years.. (being genenerous, the value is likely higher).
.. so hmm .. i'll take the rep that works as well as the gen, pocket the extra $3k and buy more reps with that money too. -
at this point i only own reps, i am 38 have enough money to buy gens if i wanted to, but i just dont see a way to justify the expense given that i am concentrating on building up wealth rather than spending it. -- my net worth appreciates that. -- maybe that is the waht luxury brands are afraid of, people with means loosing interest in spending their money on luxury goods.