A cookie is a small text file that a website stores on your computer or mobile device when you visit the site.
Cookies can also be used to establish anonymised statistics about the browsing experience on our sites.
Currently, there are four types of cookies that may be generated as you browse our site: Strictly Necessary, Statistics, Preference and Marketing cookies.
These cookies are essential for you to browse the website and use its features, such as accessing secure areas of the site. Cookies that allow web shops to hold your items in your cart while you are shopping online are an example of strictly necessary cookies. These cookies will generally be first-party session cookies. While it is not required to obtain consent for these cookies, what they do and why they are necessary are explained in the table below.
You can use your browser settings to control whether or not we set session cookies. More information on your browser settings is provided at the bottom of this page.
Please be aware that these cookies are critical to the efficient working of the site. If you choose to disable these cookies from this site, the functionality of the site may be greatly reduced.
Also known as "performance cookies," these cookies collect information about how you use a website, like which pages you visited and which links you clicked on. None of this information can be used to identify you. It is all aggregated and, therefore, anonymized. Their sole purpose is to improve website functions. This includes cookies from third-party analytics services as long as the cookies are for the exclusive use of the owner of the website visited.
Statistical information is used in reports and to improve our site. For example, we have used analytics data to add, remove or change features of the site based on how popular they are with users.
We track, for example:
Google provides a tool to opt-out of Google Analytics. This is available for all modern browsers in the form of a browser plugin. Additionally, you can control how cookies are set using your browser settings.
The advertisements you see displayed on this, and other, sites are generated by third parties. These services may use their own anonymous cookies to track how many times a particular ad has been displayed to you and may track your visits to other sites where their ads are displayed. Please note that advertisers can only track visits to sites which display their ads or other content. This tracking is anonymous, meaning that they do not identify who is viewing which ads.
Tracking in this manner allows advertisers to show you ads that are more likely to be interesting to you, and also limit the number of times you see the same ad across a wide number of sites. As an example of how advertisers operate, if you recently researched holidays, adverts for holiday operators may subsequently appear on our sites.
We do not have access to, or control over, these third party cookies; nor can we view the data held by these advertisers. Online advertisers provide ways for you to opt-out of your browsing being tracked. More information about the advertisers we use, and how to opt-out, is provided below.
Cookies you may see used on konvi.app
|Cookie name||Default expiration time||Purpose||Description|
|_fbp||3 months||Marketing cookies||Facebook: to store and track visits across websites.|
|_ga||2 years||Statistics cookies||Google Analytics: to store and count pageviews.|
|_gat_UA-*||1 minute||Statistics cookies||Google Analytics: functional|
|_gid||1 day||Statistics cookies||Google Analytics: to store and count pageviews.|
|_iub_cs-*||1 year||Preferences cookies||iubenda: to store cookie consent preferences.|
|euconsent-v2||1 year||Preferences cookies||To store cookie consent preferences.|
|referrerReferralId||1 browser session||Strictly necessary cookies||Track user referrals|
|t_gid||1 year||Marketing cookies||Taboola: assigns a unique User ID that allows Taboola to recommend specific advertisements and content to this user|
|APISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|HSID||2 years||Marketing cookies||Youtube: to provide fraud prevention|
|LOGIN_INFO||2 years||Marketing cookies||Youtube: to store and track visits across websites.|
|PREF||2 years||Marketing cookies||Youtube: to store and track visits across websites.|
|SAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|SID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|SIDCC||1 year||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|SSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|VISITOR_INFO1_LIVE||1 year||Strictly necessary cookies||Youtube: to provide bandwidth estimations.|
|YSC||1 browser session||Marketing cookies||Youtube: to store a unique user ID.|
|__Secure-1PAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|__Secure-1PSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|__Secure-3PAPISID||2 years||Marketing cookies||Youtube: Google Ads Optimization|
|__Secure-3PSID||2 years||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|__Secure-3PSIDCC||1 year||Marketing cookies||Youtube: to provide ad delivery or retargeting, provide fraud prevention.|
|IDE||1.5 years||Marketing cookies||doubleclick: serving targeted advertisements that are relevant to the user across the web.|
|RUL||1 year||Marketing cookies||doubleclick: serving targeted advertisements that are relevant to the user across the web.|
|variant||1 browser session||Strictly necessary cookies||For providing targeted content to users|
|cookie_consent||1 year||Strictly necessary cookies||For persisting cookie consent|
|1P_JAR||1 month||Marketing cookies||Google: optimize advertising, to provide ads relevant to users|
|NID||1 month||Marketing cookies||Google: to provide ad delivery or retargeting, store user preferences|
You can delete all cookies that are already on your device by clearing the browsing history of your browser. This will remove all cookies from all websites you have visited.
Be aware though that you may also lose some saved information (e.g. saved login details, site preferences).
For more detailed control over site-specific cookies, check the privacy and cookie settings in your preferred browser
You can set most modern browsers to prevent any cookies being placed on your device, but you may then have to manually adjust some preferences every time you visit a site/page. And some services and functionalities may not work properly at all (e.g. profile logging-in).
Traditionally, optimal asset allocation of one’s financial portfolio is said to include equity, bonds, cash and commodities such as gold. Since luxury investments have become another alternative investment strategy to consider over the past years, there is an increasing trend to sustainably include luxury investments into the optimal asset allocation equation and rethink traditional strategies.
Statements such as “The Birkin bag is a better investment than gold” arise more frequently than ever. While these promising luxury items do not only refer to handbags or watches, also art, fine wines, whiskey or cars can be promising assets that combine passion, status and financial return. Clearly, the fact that returns on luxury items are negatively correlated with those on equities, bonds, and other collectible investments, makes them a great addition to one’s investment portfolio in order to ensure strong diversification.
Nevertheless, finding great luxury assets that appreciate in value is an art in itself. Do not mistake the growing trend of luxury investments with the fallacy that just any expensive watch or fine wine will appreciate - and potentially even outperform the S&P 500! In fact, finding the right items to invest in requires a high level of market knowledge. Looking at a specific example, the Rolex Submariner has appreciated by +297% between 1994 and 2016. Yet, what sounds like an amazing investment opportunity might blind some investors today expecting the model to keep the appreciation trend for the next 20 years. In reality, the model could as well stagnate in value while there is even a chance that it decreases in value again. Of course, naturally investing comes at a risk. Yet, the advantage of expertise and market knowledge especially for newly released luxury items is that the next big hit can be better forecasted, e.g. for a newly released limited edition timepiece by Patek Philippe. While it is often not the obvious that will face the highest appreciation in value but rather a timepiece so rare that you never heard of it and would certainly not think about investing in it.
Since wealthy people are increasingly buying into these “real” luxury assets such as watches, art, wine etc, the broader population is starting to consider these strategies as well. Therefore, while the trend of luxury assets becoming the next widely used alternative asset class is growing substantially, it requires either some substantial research or a trusted expert, like Konvi, to benefit from high value appreciation. However, as the sweet spot of highly appreciating items is said to lay within watch items above $250K, it is hard for normal people to overcome these high entry barriers in terms of minimum ticket size. Konvi is a crowdfunding platform that allows the broader population to overcome these barriers while being able to access the rarest and highly priced luxury watches with a minimum value of $250K.