Quavo is looking to make better investments.
During an interview with GQ, Quavo admitted that he is no longer buying bust-downs. Instead, Quavo would much rather spend his money on Plain Jane’s, which are watches that contain no extra customizations. As the artist explains, it all has to do with the resale value and making better investments. “These are my houses, aka my watches. I feel like they’re real estate, and I got to have them with me, and I can’t go nowhere without a few Plain Janes on me,” Quavo said. “They kind of like real estate. These are like mini houses that just go up in value. I don’t buy bust downs no more because it don’t make any sense. It’s kind of like taking a lambo and just taking the roof off it and just depreciating your car. I got a good relationship with the people that sell these watches, which is [Audemar Piguet], and I just go in there and get them out the store just like I’m buying shoes. Not a lot of people can do that.”
Quavo is clearly giving his jewelry investments a lot of thought, which certainly shows growth. Considering some of these watches may someday reach $1 million in value, it’s easy to see why Quavo would look for fancy time pieces. With crypto prices in the tank, watches seem like the best bet.
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