Date: 2019-11-27 12:30:03
If you had the opportunity to buy a Rolex watch for $88/month would you buy it? Well, turns out there’s a whole world of businesses that finance luxury goods that people cannot afford.
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Should You Buy An $88 (Authentic) Rolex?
0:09 – How much would you pay for a Rolex
0:45 – The most affordable Rolex watch in the world
1:40 – Feel good for financing luxuries you cannot afford
3:03 – The fine print of financing an $88 Rolex
3:15 – What happens if you invest your money at 30% a year
4:07 – The irony of not investing and financing things instead
4:30 – The mental aspect of financing a Rolex you cannot afford
5:29 – The difference between making it and faking
6:18 – My advice on buying a Rolex
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you’re from. It’s a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that’s the Minority Mindset. Don’t be the majority. #MIH #GetMoneySmart
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