Editor Duong Ngoc Trinh – “player” of famous watches: Making money for the rich is very difficult, they only spend on pleasures… profitable!
Investing in luxury brands is becoming a hot topic these days. The reason is also because some brands like Chanel, Hermes … constantly increase prices, causing people to talk a lot about investing in branded goods, which is also a way to make quick profits.
Referring to luxury/investment/luxury clothes, it would be a mistake to ignore BTV editor Duong Ngoc Trinh. Not only about the sharpness in expertise and knowledge, BTV Ngoc Trinh has long had a reputation as a billion-dollar watch player. In a sharing on talkshow, she also said that she is investing in watches. Revolving around spending as well as investing in her brand name, Ngoc Trinh has interesting views.
In a recent interview, when asked how much % of her income she spends on spending and shopping, she said: “It should be at a minimum. The best way is to get that thing without losing anything.” .
Ngoc Trinh shared more: “In the past, I thought that if I had money, I would spend it. Now, I understand, there are things I can still achieve without having to spend money. One post is enough for you to stay at the hotel for 3 days. The thing for you to trade in order to achieve something is entirely up to you, no need for money. Your one recommendation is sometimes enough to exchange for an item.
Another experience: do not “cut meat” (earned money) to spend on useless pleasures. Try investing, and use that profit to satisfy your expensive hobby. People should see money as a proof of labor value, rather than a piece of paper in exchange for products.”
Ngoc Trinh’s billion-dollar watch collection
About buying a supercar or a watch – something associated with the brand of editor Ngoc Trinh, she said: “Everything we buy has two values, to define a liability or an asset. For example, the profitability of watches for example (depending on type) is now 3 times higher than others. Who said it was frivolous?
Supercars aren’t bad either. You are buying a product that includes the quintessence of artisan culture and marketing, to turn something no one thought of as an asset into an asset.
To be honest, making money is difficult for the rich, even harder for the super-rich. The word vanity may be true for you, but not for everyone.”
According to Ngoc Trinh, from observing and interacting with people who make good money, “they only spend on pleasures… profit. They always try to buy the highest value with the lowest barter. Their joy comes from that, not from showing off or showing off.
When following the trend, following the world, I define that “you have this, you are like that”. Now, I have to redefine: Spending this much money to buy something, how long can I be happy, how long can I use it? After all this time, does it increase or decrease in value? Just redefine, your choice will be different.”
Recently Editor Ngoc Trinh appeared as a member of the jury of the Get rich 20 years old contest, invested, implemented, and coordinated by Kenh14.vn, CafeF. This is the first content creation contest on the topic of Youth Finance. Revolving around making money for young people, Ngoc Trinh also has a sharp point of view that:
“Millennials are just studying well and then it’s not too late to earn money after graduation, and Gen Zs are much more sensitive in making money. When you know how to make money, your spending habits are also different from when you don’t know what to earn. All, just begging. It’s not only adults who have to spend money, young people also have the need to spend money and enjoy it.”
Source: Synthesis
Law and readers
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