Anyone compile a spreadsheet to record your watch purchases (and flipping costs)?

[wolfeyes1974]

Just found a spreadsheet that i did a year ago of the purchase price of my watches (about 90% of all the watches i owned) since i started this hobby and P/L as a result of flipping/consolidation...it's a bit shocking how one spent $$ on watches unknowingly and how much one lost when watches were flipped. The $$ could have been used as a deposit for a private property, stock trading or pay off a brand new BMW/Merc.

While we enjoy the joy of the hobby...it's a wake up call when you sit down and look at the numbers..

Cheers

James

[geolau]

Buy Preown.

[Oceanklassik]

It depends if it is even worthwhile to compile/create and maintain such a 'spreadsheet' because for some (including myself), the amount gain/loss can't even match up to a one month car instalment . This is probably more appropriate for big spenders like the many (members) here (definitely not me)

[Ender]

Me!
According to my excel spreadsheet, from Aug 2006 to today:
a. 46 watches purchased and sold
b. 7 watches remain to be sold
c. 3 watches are presently keepers!

[wolfeyes1974]

Me!
According to my excel spreadsheet, from Aug 2006 to today:
a. 46 watches purchased and sold
b. 7 watches remain to be sold
c. 3 watches are presently keepers!

you know Ender...your wife is right about you...hahaaha

[JAMYLIM]

Hi. Yes i do tat too so in case i suddenly drop dead my son will pick it up from where i left off. My wife will be clueless.. Cheers

[wolfeyes1974]

Hi. Yes i do tat too so in case i suddenly drop dead my son will pick it up from where i left off. My wife will be clueless.. Cheers

make sense..otherwise, they may sell at a lower than market price...hahaa

[Mille]

used to do it.

but now, not really, i focus on the present.

as at 2/11/12

A. 5 watches bought and kept
B. 1 to be sold eventually.
C. 2 more to be acquired.

[triton]

i keep a spreadsheet and original receipt where possible.

[KuchingKu]

Since this thread came up, I went to check my spreadsheet...

Total number of watches bought / sold: 77
Total still reminding : 10
Total P / L : definitely L as I see many more cells with minus sign. Dare not total them up with a formulae but suspect the amount to be 5 digits.

[wolfeyes1974]

Since this thread came up, I went to check my spreadsheet...

Total number of watches bought / sold: 77
Total still reminding : 10
Total P / L : definitely L as I see many more cells with minus sign. Dare not total them up with a formulae but suspect the amount to be 5 digits.

gosh...77 and left 10!!! that's heavy duty flipping...

[KuchingKu]

gosh...77 and left 10!!! that's heavy duty flipping...

And equally heavy duty losses.