Rolex and other watches as a form of investment diversification?

[triton]

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

want both. however, better form of investment can consider blue chips shares

[minusplus]

want both. however, better form of investment can consider blue chips shares

Tough to make a choice lah. Be really can only choose one, I will choose the Red sub

[Darkangel]

Tough to make a choice lah. Be really can only choose one, I will choose the Red sub

But servicing would be a problem sometimes...

[lsk005]

just wanna check..which has a better resale value currently? Explorer II or SD??thks.

[minusplus]

just wanna check..which has a better resale value currently? Explorer II or SD??thks.

Both not as good as Sub date for sure. SD, which retails more than Exp II seems to have a bit higher resale value as compared to the Exp II

[minusplus]

But servicing would be a problem sometimes...

Sure. But talk about investment, the appreciation of Red Sub these days rises exponentially and it's extremely rare. So if for investment purposes, though watches are the exactly the best form of investments, I'ld prefer the red sub.

[Oceanklassik]

hahaha... reading this forum, i find it very interesting. seems like most of us here have similar "symptoms". recently was shopping at marina sq and walked past a married couple. at tat point, we were all walking past a watch shop. think its a new watch outlet, at the escalator leading to the food court. the shop sells german/russian watches. guess wat the wife did and said to the husband?

When the guy turned his head to look at the shop, the woman pulled him away and said, "enough already hor, stop looking at watches... you hv bought enough liao.." (hahaha...)

My wife looked at me and smiled threateningly. Think she had the same words in her mind at tat time.

Really ho-chio man..

[wolfeyes1974]

it's never a form of investment for me...i treat it as an indulgence and a form of "forced savings" (cos i'm never sure where my $$ go to). i hate to sell the pieces unless in dire straits......touch wood!!

have you guys ever calculate like what % of your monthly pay (assuming you divide the cost of your total yearly watch purchases by 12) you spend on watches? Next time just justify this to the "ministers" using this....imagine how much (%) they spent on cosmetics/shoes and bags... do a comparison, there's a likelihood they spend more than us. Next time, smile at them wickedly and shoo them away when they want to buy a pair of shoes or LV bag.

cheers

james

[ohlins]

LV bag just ma..... i also like haha

[crimewatch]

Watch Investment

I think last 2 to 3 week, I read in newpaper that one of the good investments now is buying watches. Anyone know any watch is worth investing now? I know Omega and Tag watches has poor resale value, so getting 2nd hand watches is a good idea. Maybe someone would like to enlighten me on that?

[Darkangel]

Poor resale means....no demand in 2nd hand market..though u get it cheap but ur resale is still poor.

Safest bet..Rolex

[crimewatch]

Buy second hand loh... Buy cheap sell more expensive when the market improves?

[Darkangel]

Easy as it sounds....=) but my advise is...do some homework..dun buy models which are too hot in the market...u might get burnt

[crimewatch]

hi

lol that's y I am doing my homework here...

[Darkangel]

lol that's y I am doing my homework here...

enjoy seriously la...there's no such thing as...buy this watch...got potential!

diff people see diff things...diff ways..so it's up to u to pick the right choice...dun follow blindly