On the Road to the Wealth Economy

Want some more indications that we are headed for a Wealth Economy?

Apple CEO Tim Cook was on stage today at the latest Apple product announcement. In the midst of bragging about sales of the Apple Watch, Cook supposedly said that the Apple rolex-116034Watch is the second-best selling watch brand in the world.

Pray tell, which watch brand is number one? According to Cook, the Apple Watch is second only to the Rolex. Rolex? You mean the multi-thousand dollar Rolex outsells every other watch in world?

Well, perhaps that shouldn’t come as a great surprise. CNN has recently reported (http://tinyurl.com/glkwhbo) that “There are now 145,000 U.S. households worth $25 million or more, up from 142,000 in 2014, according to Spectrem. There are 1.2 million households worth $5 million to $25 million, an increase of 42,000.”

Informed sources tell me that it’s not too late to get on the number one watch bandwagon. Here for your consideration is the Rolex Oyster Perpetual. List price seems a tad pricey at $5350, but think of the company you will be keeping.

And welcome to your 2016 wealth economy!

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