Nav Ad Widget - Mobile

Collapse

Nav Ad Widget - Desktop

Collapse

Announcement

Collapse
No announcement yet.

Watch As Best Investment?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #16
    most watches depreciate over time.

    Comment


    • #17
      Watches are not the best form of investment, they are to be enjoyed and if you make soem money along the way that is a bonus...

      That I think should the mindset you shodl try to take when you acquire your desired time piece
      "He could not just wear a watch. It had to be a Rolex." �Ian Fleming, Casino Royale (1953)

      Comment


      • #18
        Originally posted by E-Sixty View Post
        If looking at real investing, what Brand / Models have a higher chance of keeping value and maybe make some ? How long will we need to hold the watch for ? Looking for some senior or experienced member for advice, Thanks...
        if you can afford million dollar watches, or at least hundreds of thousands on one watch, you can look to buy something today from patek that will almost certainly be worth more that what you paid for it in future. unfortunately you will need to spend enough to just get on the wait list. and of course there're other economic factors such as inflation and what not you should consider.

        everything else that is collectible NOW at "market value" is currently overpriced. as with any investment, you have to buy in at the right price. i've been buying up any 40mm rolex sport watch i can find at <$3,600 because i know they will sell for $300-$350 more down the road. 10% is pretty good in my books.

        also, any modern/neo-vintage rolex model with a presentation dial or case back is also worth buying - but they are more difficult to price due to their rarity. but this lack of pricing also means there is more room for negotiation. flying overseas to buy a special rolex 14060M seems ridiculous but that was what i did because i know, in person with cash, i can get a better deal than via email. i also bought a ceramic sub on my way home from the AD that supplies me regularly with rolex parts.

        genuine rolex parts is another neglected area that is worth looking into. i think an unopened blister pack of a rolex part will be worth more than its weight in gold in future.

        certain recently discontinued patek and rolex watches are also great buys at the right price (eg 5960P at <62.5k). if you stick with rolex and patek AND buy them at the right price, you can't really go wrong in my opinion. just owning and wearing them is a fine experience in itself!

        among other watches, i've also been snapping up all the cheap SBDC007s i can find in japan (went there a few times last year on buying sprees). in fact i just bought one LNIB for my personal use today from a local seller. the ones i bought from japan are all untouched and still stickered and i can't bear to use them. i've seen some on overseas forum at US$800-900 with no buyers. a real pity as they are much unloved now.

        i wished i had bought a lot of samurais (actually, including a few more models in the prospex range like the sbds001 flightmaster and kinetic scuba masters) when they were dirt cheap and before seiko started their overseas expansions.

        i do not recommend "investing" in watches if you don't know what you're doing or cannot afford it. for myself, at the end of the day, i'm buying within my means and these are watches i enjoy owning so i don't see a problem doing what i do. i am not a dealer (whether full time or part time or with shop or no shop) as i have a day job - but if i can make some money with my hobby... why shouldn't i?

        putting my money in the bank for a nominal interest or some free gift and a lousy bank manager bugging me regularly is not what i want. i prefer having watches, even if i lose money when i sell them. this is the difference between me and a part-time dealer with no shop/staff.

        ALL OPINIONS ABOVE ARE MINE. THEY DO NOT CONSTITUTE INVESTMENT ADVICE! I AM NOT AN INVESTMENT EXPERT NOR AM I IN THE INVESTMENT LINE!
        “Watches, no matter how much they cost, are better at telling time than making a person happy.” - Thomas J. Stanley

        Comment


        • #19
          Thanks for the 'enlightenment' haha

          Comment


          • #20
            gold bar as it will not depreciate faster than a watch

            Comment


            • #21
              How do you view it as a profitable investment with watch? The only time you will profit is if there is a "happening" like COE prices increasing then you can sell with profit otherwise u depre like a car.

              Comment


              • #22
                Buy 2nd hand watches, you would lose that much if you wana trade or sell in near future.

                Comment


                • #23
                  Hublot is one of the highest losses for a 'luxury' watch.

                  Comment


                  • #24
                    buy 2nd hand and sell/trade in future.

                    Comment


                    • #25
                      safest to invest in rolex for their high resale value!

                      Comment


                      • #26
                        my encik in during my army days told me this. i look back at him.now with the finger

                        Comment


                        • #27
                          Is this concept stands?
                          "Buy 2nd hand, wear 1-2years: value still stands" then sell

                          = FREE ROLEX watch to wear for 1-2years

                          HA HA?

                          Comment


                          • #28
                            Originally posted by Mtlim View Post
                            Hublot is one of the highest losses for a 'luxury' watch.
                            agree.
                            TAG Heuer Formula 1 Grande Date 42 WAU1110.FT6024
                            Omega Speedmaster Professional 42 MM 3573.50
                            Jaeger-LeCoultre Grande Reverso Ultra Thin 2788520
                            Casio A168WA-1YES
                            Hublot Chelsea Classic Fusion 521.NX.7119.LR.CFC16
                            NOMOS Glashütte Tangente 139
                            Patek Philippe Aquanaut 5167A-001

                            Comment


                            • #29
                              Originally posted by etmoto View Post
                              How do you view it as a profitable investment with watch? The only time you will profit is if there is a "happening" like COE prices increasing then you can sell with profit otherwise u depre like a car.
                              you don't need millions to earn a profit.

                              let's say you bought multiple tens (each) of seiko models that are about to be discontinued: eg, samurai, sporks and skx031 as recent examples.

                              wait a few years, then sell slowly as NOS at a premium above the purchase price.
                              “Watches, no matter how much they cost, are better at telling time than making a person happy.” - Thomas J. Stanley

                              Comment


                              • #30
                                People who write articles about investing in watches should be shot LOL

                                Comment

                                Footer Ad Widget - Desktop

                                Collapse

                                Footer Ad Widget - Mobile

                                Collapse
                                Working...
                                X