Rolex and other watches as a form of investment diversification?

[marineguy8888]

if I may add.... you have to buy the right ones sell at the right time, and preferably NOT wear it........ and if you do, minimises wearing.....and if you wear, be damn careful etc etc.......... in the 1st place, might as well invest in other stuffs....

One of my friend's friend brought 6 pcs rolex paul newman many years back and only wear one of them . The rest were sitting in the safe till recently he sold 4pcs . And earn quite a bit .

It's the model which would be in demand 10 years down the road which counts .
He said out of 10pcs only 1 pcs will really appreciate in value .

[feudallordcult]

And for the record, I have never made any money for my watches...Rolexes or not... it is always a question of how much I lose....never the other way round....

i find this statement of yours extremely spot-on. it's like a mirror reflecting my own hobby since 2000. i really dread to think abt it but todate, think i may have already chalked up abt 10k on this hobby. as for losses, i'd rather not think abt it.

maybe i should have rephrased this topic as "would you consider watches to be an investment"

But I am happy that we are all sharing our similiar but varied experiences. Keep it coming ya!

[triton]

for me, watch is never an investment. like some people will ask is this model worth investing? i reply dont know. maybe/maybe not. however, the 116520 is a potential investment. cause unless you can predict the future, judging from its current trend, it is a lower risk investment compared to other models.

i try not to pay more than necessary for a watch. a 16710 cost me 5450 in jun07. to me, i would say i got the watch @ a decent price because 1 know someone paid the same amount few years back.

[paithorn]

i find this statement of yours extremely spot-on. it's like a mirror reflecting my own hobby since 2000. i really dread to think abt it but todate, think i may have already chalked up abt 10k on this hobby. as for losses, i'd rather not think abt it.

maybe i should have rephrased this topic as "would you consider watches to be an investment"

But I am happy that we are all sharing our similiar but varied experiences. Keep it coming ya!

haha....yah man....thinking abt it, my GMT II-C is already $11k.... very expensive indulgence but hey..... we only live once!!

[feudallordcult]

haha....yah man....thinking abt it, my GMT II-C is already $11k.... very expensive indulgence but hey..... we only live once!!

this watch is in a class of it's own, i saw it just now at THH. it has a serious drool factor, i tell u!

[triton]

this watch is in a class of it's own, i saw it just now at THH. it has a serious drool factor, i tell u!

u can consider putting ur name down under the lobang section for MO for 116710 already

[feudallordcult]

u can consider putting ur name down under the lobang section for MO for 116710 already

think i will be contented with just drooling and be happy for those who can afford it. buying such a watch will only create tension between me and my "home minister" which may potentially create a situation of permanent house arrest. then in future if i wanna go hiking with my buddies, i'd hv to retrieve my passport via the president's clemency.

[minusplus]

think i will be contented with just drooling and be happy for those who can afford it. buying such a watch will only create tension between me and my "home minister" which may potentially create a situation of permanent house arrest. then in future if i wanna go hiking with my buddies, i'd hv to retrieve my passport via the president's clemency.

Simple solution is to bribe the home minister with another Rolex

[triton]

buying such a watch will only create tension between me and my "home minister" which may potentially create a situation of permanent house arrest. then in future if i wanna go hiking with my buddies, i'd hv to retrieve my passport via the president's clemency.

Simple solution is to bribe the home minister with another Rolex

i know what how you feel and understand the thirst for watch. this is because i am in a similar position. this year alone bought a few pieces. my finance minister has officially declared that no more watches for the year 2008. this i can live with. but i will probably suffer from withdrawal symptons if im not allowed to surf watch forums.

sometimes it is not a bribe of rolex that will do the trick.

anyway finance minister has indicated that i need to indulge in other forms of investments already.

[minusplus]

i know what how you feel and understand the thirst for watch. this is because i am in a similar position. this year alone bought a few pieces. my finance minister has officially declared that no more watches for the year 2008. this i can live with. but i will probably suffer from withdrawal symptons if im not allowed to surf watch forums.

sometimes it is not a bribe of rolex that will do the trick.

anyway finance minister has indicated that i need to indulge in other forms of investments already.

No wonder lah... You make her finance minister. Mine is environment minister because she in charge of clean floor and wash toilets

[paithorn]

this watch is in a class of it's own, i saw it just now at THH. it has a serious drool factor, i tell u!

I know exactly what you are talking abt...............this drool factor haunted me for a year since I saw the half gold version..... but i just cannot accept those gold on my wrist.......

[minusplus]

I know exactly what you are talking abt...............this drool factor haunted me for a year since I saw the half gold version..... but i just cannot accept those gold on my wrist.......

Varies from individual to individual. Some likes it because it's striking. Some just don't

[triton]

No wonder lah... You make her finance minister. Mine is environment minister because she in charge of clean floor and wash toilets

[problmchylde]

A vintage red sub is harder to get than daytona. Becos you can always go AD and pay premium and get it. but the same thing can't be say for red sub. U see them once in a blue moon at preowned shops.

Yes.RED sub always.

[minusplus]

Both are different watches. One is a vintage while the other is a popular cosmograph. If have choice, I want BOTH