ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
16 January 2022, 12:59 AM | #31 | |
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If you couldn't go into an AGA showroom and buy one, I swear everyone would be falling over themselves for one and going to the grey market :) |
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16 January 2022, 01:05 AM | #32 |
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Yes funnily enough not all UK house are exactly the same size. And the fixed rate quote is £16K not £22K. According to Google our house is more than 7 times the size of the UK's average house (which it seems is 729 sq ft). So we're currently paying less per sq ft than average, if the average bill is around £1.2k.
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16 January 2022, 01:07 AM | #33 |
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16 January 2022, 01:17 AM | #34 | |
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This is energyforums.com right?! |
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16 January 2022, 01:22 AM | #35 |
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Just to clarify, this thread was just an observation that costs are going up and a wondering as to how that would affect the UK Rolex marker in particular.
I think that as other posters have said there is still a lot of pandemic saved cash here and it will take a while for that to get spent; so still many Rolexes to be sold. |
16 January 2022, 01:32 AM | #36 |
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It'll never be less costly to leave. And you could then afford more Rolex, if you so choose.
You could be here.
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16 January 2022, 01:38 AM | #37 | |
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16 January 2022, 02:08 AM | #38 |
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16 January 2022, 02:14 AM | #39 |
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A watch purchased at grey market prices fails to meet the qualification as a "hard asset". The intrinsic value of the watch is the retail price of the watch and not what the next guy will pay for it. Similarly stocks, cryptocurrency etc are not hard assets.
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16 January 2022, 02:16 AM | #40 |
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Interesting thread
Over past few years - we’ve managed to cut our prices a few times. First major cut was shopping around & switching suppliers a few years back. Our gas/ electricity Direct Debit dropped by over £40 at end of Nov. Over past few years we’ve done a lot of small stuff that all adds up. We’ve an open fire in the living room so tend to live there all winter & keep the heating down in the other rooms. Even packing the dishwasher right - we get an extra day/ try to always put our washing outside to dry (lot of windy days in winter) rather than use the drier/ full loads in washing machine/ TVs off standby etc etc. All the small stuff eventually adds up. People need to adjust to rising energy costs & think smarter |
16 January 2022, 02:19 AM | #41 |
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Jarvis.... lol
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16 January 2022, 03:14 AM | #42 |
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Not really fair to compare energy rates between two completely different countries (geography wise) like Canada and the UK. Where I'm from, I pay 6 cents CAD per kWh because hydroelectricity is the bread and butter that powers the whole province and even some states in the US now.
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16 January 2022, 03:21 AM | #43 | |
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I agree we are spoiled with more natural gas than we know what to do with. Sent from my SM-G960W using Tapatalk |
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16 January 2022, 03:33 AM | #44 |
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16 January 2022, 04:29 AM | #45 |
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Front page of the local paper.... "Country pile owner downsizes to bedsit in order to feed Rolex addiction"
I would be crying like a baby with 5k a year on utilities, let alone 20 odd..... Mind you, a roast in the Aga is damn good. |
16 January 2022, 05:50 AM | #46 |
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I haven’t lived in my London condo for over two years (save 2 weeks last summer). I have no idea what fuel bills are or would be at the moment. I think I pay something like 22 pounds a month to keep the power turned on.
However, invariably the increase in the cost of utilities, taxes and whatever else comes down the pipe to pay off huge national debt worldwide will erode discretionary spending and with that a reduction in the luxury goods market. Its ABC or 101 of economics.
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16 January 2022, 05:53 AM | #47 |
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16 January 2022, 06:59 AM | #48 |
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This is one strange thread,or I must be missing something?
OP lives in an 8bedroom house and will be spending USD 22K on heat/power. He think about changing his cooktop to the tune of USD 7K plus...but the dog likes to lay infront of the old one... He also has two electric cars. All of the above might reduce his interest in a new Rolex watch. Does that sum it up pretty good? |
16 January 2022, 07:12 AM | #49 |
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When things kick off in Ukraine, burning the collection may be cheaper than putting the gas on.
Buckle up. |
16 January 2022, 07:24 AM | #50 | |
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16 January 2022, 07:46 AM | #51 | |
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16 January 2022, 07:52 AM | #52 |
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How should we prepare? Assuming one has no debts, should one build up a cash reserve (which will be eroded by inflations), buy property (which is likely to drop if mortgage rates increase), buy shares (which could drop in value if the market tanks), or maybe buy assets that immediately double in value (Roles SS watches from an AD).
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16 January 2022, 07:57 AM | #53 | |
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Built with waterpipes outside the houses as indoor plumbing wasnt available when built. Heatsource back then was a coal-stove and you heated the room/s you lived in wintertime. Rest of house you closed up to conserve fuel. Insulation...not much and often built with bricks hence the name "Brownstone" houses But 50-60yrs or so ago this became unmodern and thats when the AGA-stoves (bascically a cooktop) that also is heatcource for home was a cheaper alternative to totally redoing the heatsystem. Fuel was cheap and if it was cold outside you just burn more gas.Who cares? I think the average american homeowner that has a house 7 (seven) times larger then the average home built in the 1920s-1930s and not updated to modern standards are batteling high heating costs too... And what all of the above has to do with the future demand of Rolex watches I wonder as much of China is still under lockdown and demand is pent up....When the chineese start travel again.... |
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16 January 2022, 08:01 AM | #54 | |
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16 January 2022, 08:05 AM | #55 | |
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16 January 2022, 08:17 AM | #56 |
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16 January 2022, 08:19 AM | #57 | |
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Greetings from Switzerland Remember, the dignity you surrender at your AD‘s doorstep will never be recovered by wearing the watch he may get you. |
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16 January 2022, 08:34 AM | #58 |
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No. I mean being able to buy them.
If there is that much cash available for a speculative purchase, of if that level of short term credit and the risk of a flaky buyer was easily manageable, an extra £1-2k spend on a utility over 12 - 18 months would be insignificant. A buyer of these means won't stop buying Rolex when the gas bill goes up. They might buy more. |
16 January 2022, 08:38 AM | #59 | |
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16 January 2022, 08:45 AM | #60 |
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There was me worried about going up from £105 a month to £150! In all seriousness though I suggest you get an energy consultant in. I used to sell Aga’s at a kitchen showroom I worked at as a student - sounds like you have an Aga Rayburn that heats up your hot water cylinder.
One possible course of action is to get a new efficient condensing gas system boiler with an unvented cylinder and then if you do a search online there are several firms now that will convert your Aga to electric taking away the cylinder part of it whilst keeping the charm of the Aga and slashing the running costs with just using electric when you need it. I used to love working in the showroom and being by the Aga in the winter but it used to get unbearable in the summer. As for solar panels, I was fortunate and put our PV ones on in 2011 just before the highest feed in tariff ended - cost me £8k and we get back about £1500 a year currently and about £350 a year of electric savings now - got to be one of the best investments I ever made as we have 14 years of feed in tariff left. For yourself though, I wouldn’t be convinced - the feed in tariff you get now is abysmal. Sort out your heating system and the Aga, look at your windows and doors if you haven’t replaced them for double / triple glazing already and look at insulation measures as well. Based on how high your bills are currently some of these measures would pay for themselves probably within 5-7 years. Good luck and it was a pleasure to be able to advise you William / Your Majesty - HRH - I look forward to seeing the scaffolding being erected around Kensington Palace over the coming months! PS - you did really well with Catherine - very easy on the eye. If this information has been of any use a future Knighthood would be greatly appreciated. All the best Sire! |
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