ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Htariq · 20 January 2022, 07:48 AM

Quote:

Originally Posted by DRS Enabled

It will likely retain its value, and perhaps grow at ~3-4% a year, just modestly above long-run inflation. But it probably won't go up materially in value. It's a nice watch but it's not one of the more popular pieces. Even within the Datejust lineup it is behind the stick dial variants in blue/black/Wimbledon/silver/white.

Keep in mind it will only retain its value if it is unworn/mint, and that if you try to sell it a lot of your price 'gains' will be lost crossing the bid/ask.

Thank you!!

Htariq · 20 January 2022, 07:49 AM

Quote:

Originally Posted by GONZO2LR

It's like going to a comedy show...
you got hecklers here.....
some real smart....some not so smart, some too smart turn heckler....
Still fun as hell and so amusing as chit!!!!

Congratulations...and only 22...enjoy your Rolex..and have fun...

Thanks

S7gpt · 20 January 2022, 07:53 AM

Great watch at 22, enjoy - nobody really knows which models today will be the desirable ones in 10 years as fashion changes.

Just wear and enjoy, its a Rolex and they always seem to retain value better than other brands anyway.

Bill2e · 20 January 2022, 07:55 AM

Quote:

Originally Posted by Htariq

I like the simplicity of the watch and how minimalistic it is but yet soo intricate. I brough this watch to celebrate an achievement of getting my self a Law degree so it symbolizes all the hard work and hours i dedicated so I am going to look fondly on this watch I hope for years to come.

Congratulations, wear it in good health!

Investment? Who knows? Incredible value and symbol of goal achieved, Absolutely! Enjoy!

Tensai · 20 January 2022, 08:04 AM

Congrats on your investment.

The common course is for you now to contact your AD aggressively and tell him/her that you need a Cermit, Pepsi/Batman and of course a Daytona. They look amazing on Instagram!

Enjoy!

MiDoon · 20 January 2022, 08:28 AM

Quote:

Originally Posted by Htariq

Hi guys,
I recently brough my first ever Rolex!! A date Just 41mm Jubilee braclet in Stainless Steel and White gold with a Azzurro blue Roman numeral face. Even tho I brough it as a watch to keep I just wanted to know is this considered to be a good investment?

Outstanding watch in my opinion. I believe this would be my next selection to wait for. Why not post a pic of this beauty on your wrist?

Oxfordian · 20 January 2022, 08:47 AM

Quote:

Originally Posted by Htariq

Hi guys,
I recently brough my first ever Rolex!! A date Just 41mm Jubilee braclet in Stainless Steel and White gold with a Azzurro blue Roman numeral face. Even tho I brough it as a watch to keep I just wanted to know is this considered to be a good investment?

Congratulations on getting your first Rolex, its a great watch.

No watch is a good investment as no one knows what is going to happen to the market next week, next month, next year and so on. At present the market for luxury watches is buoyant especially Rolex watches which are retaining and in a lot of cases increasing in value.

But this is what is happening today, how long will this buoyant market last no one knows.

Buy your watches to wear and enjoy, do not worry or fret about values as it will stop you enjoying that great timepiece which will last you a lifetime.

Oh, and you will scratch it, don't worry about that either, it hurts seeing the first one but if you wear a watch it will get scratched.

Anestheticsaregood · 20 January 2022, 09:36 AM

Nah

Polar Bear · 20 January 2022, 09:41 AM

Tell me you cant really afford the watch you just bought without saying you cant really afford the watch you just bought...

afmars · 20 January 2022, 09:52 AM

Congrats on the degree and watch

Htariq · 20 January 2022, 09:58 AM

Quote:

Originally Posted by Tensai

Congrats on your investment.

The common course is for you now to contact your AD aggressively and tell him/her that you need a Cermit, Pepsi/Batman and of course a Daytona. They look amazing on Instagram!

Enjoy!

Definitely!!! Hahaha

Htariq · 20 January 2022, 09:59 AM

Quote:

Originally Posted by S7gpt

Great watch at 22, enjoy - nobody really knows which models today will be the desirable ones in 10 years as fashion changes.

Just wear and enjoy, its a Rolex and they always seem to retain value better than other brands anyway.

Definitely will do!! And so true!!

Htariq · 20 January 2022, 09:59 AM

Quote:

Originally Posted by Bill2e

Congratulations, wear it in good health!

Investment? Who knows? Incredible value and symbol of goal achieved, Absolutely! Enjoy!

Thank you! And I definitely will!

Htariq · 20 January 2022, 10:03 AM

Quote:

Originally Posted by MiDoon

Outstanding watch in my opinion. I believe this would be my next selection to wait for. Why not post a pic of this beauty on your wrist?

How do I upload a picture on here?

arcampado · 20 January 2022, 10:03 AM

Congrats on the DJ! Enjoy and wear it in good health.

Htariq · 20 January 2022, 10:04 AM

Quote:

Originally Posted by Oxfordian

Congratulations on getting your first Rolex, its a great watch.

No watch is a good investment as no one knows what is going to happen to the market next week, next month, next year and so on. At present the market for luxury watches is buoyant especially Rolex watches which are retaining and in a lot of cases increasing in value.

But this is what is happening today, how long will this buoyant market last no one knows.

Buy your watches to wear and enjoy, do not worry or fret about values as it will stop you enjoying that great timepiece which will last you a lifetime.

Oh, and you will scratch it, don't worry about that either, it hurts seeing the first one but if you wear a watch it will get scratched.

Definitely very wise words!! I definitely will enjoy it!!

Htariq · 20 January 2022, 10:07 AM

Quote:

Originally Posted by Polar Bear

Tell me you cant really afford the watch you just bought without saying you cant really afford the watch you just bought...

I can afford the watch I just brought and I can say that with confidence. I have successfully invested money is stocks and in 3 business start ups too. This is not be boasting or showing off I just work hard and like to reward my self now and then.

Htariq · 20 January 2022, 10:08 AM

Quote:

Originally Posted by afmars

Congrats on the degree and watch

Thank you very kind of you Afmars!!

bmrk · 20 January 2022, 10:11 AM

Yes it is but don't buy a watch for investment sake rather just enjoy your watch.

Htariq · 20 January 2022, 10:12 AM

20220120_001123.jpg

Htariq · 20 January 2022, 10:18 AM

Quote:

Originally Posted by MiDoon

Outstanding watch in my opinion. I believe this would be my next selection to wait for. Why not post a pic of this beauty on your wrist?

Here you go I found how to do it!20220120_001123.jpg

AG23 · 20 January 2022, 10:20 AM

Quote:

Originally Posted by Htariq

Attachment 1268142

Beautiful- congrats!

Htariq · 20 January 2022, 10:29 AM

Quote:

Originally Posted by AG23

Beautiful- congrats!

Thank you!

hutch300 · 20 January 2022, 10:44 AM

OP you will take a TON of heat on this thread. We do not view our watches as investments. We are a group of enthusiasts and get these investment questions all the time. We find it tiring. A Rolex is a great watch to have for a lifetime. Enjoy it for what it is - a watch you love (I hope)!

gerry100 · 20 January 2022, 10:54 AM

On my watch, I figure the worst case is -$2000 in the ten years before my son gets it

Most likely is keeping up with inflation, so no cost to wear for the same 10yrs

Very sensitive to the price paid initially

Htariq · 20 January 2022, 10:58 AM

Quote:

Originally Posted by nyc10ken

DJs aren't investments but the watch is stunning, congrats!

Planning to wear it for work?

My every day watch so yes working too!

Htariq · 20 January 2022, 10:59 AM

Quote:

Originally Posted by hutch300

OP you will take a TON of heat on this thread. We do not view our watches as investments. We are a group of enthusiasts and get these investment questions all the time. We find it tiring. A Rolex is a great watch to have for a lifetime. Enjoy it for what it is - a watch you love (I hope)!

Thank you for informing me its noted! And I lovd my watch x

calebb90 · 20 January 2022, 10:59 AM

Depends. At age 22, if you’d invested the money in an index fund instead of buying the watch, you’d have ~$150k in retirement funds at age 65.

Do you think your watch will be worth 150k in 40 years?

Htariq · 20 January 2022, 11:00 AM

Quote:

Originally Posted by gerry100

On my watch, I figure the worst case is -$2000 in the ten years before my son gets it

Most likely is keeping up with inflation, so no cost to wear for the same 10yrs

Very sensitive to the price paid initially

Thank you and you have made a valid point

47Fountain · 20 January 2022, 11:02 AM

Quote:

Originally Posted by Htariq

Hi guys,
I recently brough my first ever Rolex!! A date Just 41mm Jubilee braclet in Stainless Steel and White gold with a Azzurro blue Roman numeral face. Even tho I brough it as a watch to keep I just wanted to know is this considered to be a good investment?

It's a watch, wear it & enjoy it. Who really cares what it's worth? I buy things to enjoy them, whoever inherits them, can worry what they're worth.

20 January 2022, 07:53 AM	#63
S7gpt "TRF" Member Join Date: Oct 2021 Location: Leeds Watch: 126610ln YM37 wife Posts: 553	Great watch at 22, enjoy - nobody really knows which models today will be the desirable ones in 10 years as fashion changes. Just wear and enjoy, its a Rolex and they always seem to retain value better than other brands anyway.

20 January 2022, 08:04 AM	#65
Tensai "TRF" Member Join Date: Sep 2020 Location: tyo nyc fla ack Watch: all the good ones Posts: 1,008	Congrats on your investment. The common course is for you now to contact your AD aggressively and tell him/her that you need a Cermit, Pepsi/Batman and of course a Daytona. They look amazing on Instagram! Enjoy!

20 January 2022, 09:36 AM	#68
Anestheticsaregood "TRF" Member Join Date: Jul 2015 Location: North East USA Posts: 478	Nah

20 January 2022, 09:41 AM	#69
Polar Bear "TRF" Member Join Date: Jan 2021 Location: Australia Watch: Panerai PAM687 Posts: 762	Tell me you cant really afford the watch you just bought without saying you cant really afford the watch you just bought...

20 January 2022, 09:52 AM	#70
afmars "TRF" Member Join Date: Aug 2019 Real Name: Andrew Location: USA Watch: BLRO Posts: 738	Congrats on the degree and watch

20 January 2022, 10:03 AM	#75
arcampado "TRF" Member Join Date: Jan 2020 Real Name: Andrew Location: USA Watch: Too many Posts: 2,397	Congrats on the DJ! Enjoy and wear it in good health.

20 January 2022, 10:11 AM	#79
bmrk Banned Join Date: Jul 2019 Location: USA Posts: 248	Yes it is but don't buy a watch for investment sake rather just enjoy your watch.

20 January 2022, 10:12 AM	#80
Htariq "TRF" Member Join Date: Jan 2022 Location: Middlesbrough Watch: Rolex Date Just 41 Posts: 35	20220120_001123.jpg

20 January 2022, 10:44 AM	#84
hutch300 2024 Pledge Member Join Date: Jun 2016 Real Name: Jeff Location: PNW Posts: 1,462	OP you will take a TON of heat on this thread. We do not view our watches as investments. We are a group of enthusiasts and get these investment questions all the time. We find it tiring. A Rolex is a great watch to have for a lifetime. Enjoy it for what it is - a watch you love (I hope)!

20 January 2022, 10:54 AM	#85
gerry100 "TRF" Member Join Date: Feb 2021 Location: NY Posts: 740	On my watch, I figure the worst case is -$2000 in the ten years before my son gets it Most likely is keeping up with inflation, so no cost to wear for the same 10yrs Very sensitive to the price paid initially

20 January 2022, 10:59 AM	#88
calebb90 Banned Join Date: Sep 2016 Location: USA Posts: 905	Depends. At age 22, if you’d invested the money in an index fund instead of buying the watch, you’d have ~$150k in retirement funds at age 65. Do you think your watch will be worth 150k in 40 years?

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