Invest by buying Rolex's

[nko51]

Here is a good example why:

5 - TT Blue Subs $7825/Ea equals $39,125 cost today, in 15 years most likely at least recoup your money.

1 - Suv average cost $35,000, in 15 years you'll have to pay a junk yard to take it!

Enough said!

[Gaijin]

Absolutely agree. No worse investment than a new car. Pay your car off and drive it till it dies.

With any extra money...by another Rolex and hang on to it.

[nko51]

Originally Posted by KansaiVet

Absolutely agree. No worse investment than a new car. Pay your car off and drive it till it dies.

With any extra money...by another Rolex and hang on to it.

You are now my best friend!

[tonelar]

It's a prettier way to invest against inflation of course...

Now if I'd put $35K into Coca-Cola in 1992... I wonder what that'd be worth today?

[nko51]

Originally Posted by tonelar

It's a prettier way to invest against inflation of course...

Now if I'd put $35K into Coca-Cola in 1992... I wonder what that'd be worth today?

I'd say your money would be pretty soggy buy now.

[President]

What kind of crappy SUV costs 35,000USD?

[nko51]

Originally Posted by President

What kind of crappy SUV costs 35,000USD?

Not to many! Most cost alot more! BMW SUV's Approx. $50,000, and they are all over the place.

[President]

Originally Posted by nko51

Not to many! Most cost alot more! BMW SUV's Approx. $50,000, and they are all over the place.

In the UK you couldn't even get a luxury 2x4 saloon for that!

[Tommer]

Originally Posted by nko51

Here is a good example why:

5 - TT Blue Subs $7825/Ea equals $39,125 cost today, in 15 years most likely at least recoup your money.

Enough said!

for those of you purchase rolex for investment purposes, i assume you kept all your watches somewhere safe in your home rather than in the bank vault since we need to keep our watch running at all times, it's a great investment idea but for myself i am always nervous about if someone break-in into my home while i am on vacation or a trip, crime does exist in all types of neighborhood, i see members here who owns 5 or more watches, just exactly how do you guys guard your precious watches against thief.

[JJ Irani]

Originally Posted by nko51

Here is a good example why:

5 - TT Blue Subs $7825/Ea equals $39,125 cost today, in 15 years most likely at least recoup your money.

1 - Suv average cost $35,000, in 15 years you'll have to pay a junk yard to take it!

Enough said!

Sorry to burst your bubble, but if you've got some spare $39,125 lying around, it would make more sense to invest it.

Worse case scenario, if you can even get 7.5% over a long term investment, let's do the math...

$39,125 x 7.5% per annum = $2934.38 each year only by way of interest.

Then you have a 15 year term + compounding interest....and you're looking at well over $50,000 in that period of time....which means you've more than DOUBLED your money.

Five TT Blue SUBS? Very BAD idea, my friend!!

[Gaijin]

Five TT Blue SUBS? Very BAD idea, my friend!!


BLASPHEMY!!

[nko51]

Originally Posted by JJ Irani

Sorry to burst your bubble, but if you've got some spare $39,125 lying around, it would make more sense to invest it.

Worse case scenario, if you can even get 7.5% over a long term investment, let's do the math...

$39,125 x 7.5% per annum = $2934.38 each year only by way of interest.

Then you have a 15 year term + compounding interest....and you're looking at well over $50,000 in that period of time....which means you've more than DOUBLED your money.

Five TT Blue SUBS? Very BAD idea, my friend!!

Just one problem grasshopper! The world has been on a fiat monetary system since 1971. One loud Wall street fart and the paper money can go bye! bye!

[JJ Irani]

Originally Posted by nko51

Just one problem grasshopper! The world has been on a fiat monetary system since 1971. One loud Wall street fart and the paper money can go bye! bye!

Don't be silly. What do good, solid US Dollars have to do with Wall Street stocks?

The Dollar will live on forever. Once you've invested that large amount, you will get the interest + the compounding interest on it as I've roughly calculated above.

What bloody sense does it make to invest in 5 TT Blue Sub and just store them in a safe for 15 long years?

And at the end of 15 years....WHAT? You just get your money back....BEST case scenario....bearing in mind that the watches are now 15 years old and probably in need of service.

You're not making any sense, my friend. If you've got that kind of money, invest it wisely.

A Rolex is NOT an investment....it's just a luxury which you can afford!!!

[betrezra]

I'd go for collectable art, watches, or vintage guitars over an SUV!!! Heck I'd even consider the art/watches/guitar over ind stocks......

No cap gains tax for those watches.

The SUV is NOT an investment..... due to: yearly reg fees, inspections fees, depreciation, main, repairs, and TAXES..... BAD place to put your money unless of course you need it to go to work and feed your family.

Plug you can't wear a GE Stock, and a GE stock doesn't tell you the time :)

[tonelar]

Buy them because you like them. Not because they'll increase in value necessarily. I recently had to listen to the woes of a family friend that bought a bunch of gold when they thought it'd be a wise investment... the task of selling it off and then dealing with the reported income etc was a nightmare. They would have been smarter to have put their money into T-bills over the same time period.

Originally Posted by nko51

Just one problem grasshopper! The world has been on a fiat monetary system since 1971. One loud Wall street fart and the paper money can go bye! bye!

You'd look pretty funny trying to buy a steak dinner with a TT Blue Sub... If it all goes for naught... jewelry (i e watches) wouldn't be worth too much on their own merit.

Not to mention, can you guess what it'll cost to have 5 TT Blue Subs serviced in 15 years? They're going to need to be serviced.

[mikey]

It is not easy to save money. Buy a Rolex if you can afford it. Otherwise, wait to see what the hottest toys is going to be for 2007 and buy as many as you can to sell on ebay for 100% profit.

[leopardprey]

I do not think I would buy 5 TT Blues as an investment, but I do look at my Rolex watches as an investment in sort of a way to justify having a Rolex and more than one Rolex. What I mean, is I like having Rolex Watches. I want more than 1. I know that if I have 2 or 3, that if hard times fall on my down the road, I can always sell one of the Rolex watches and probably not loose any money on it. May even make a little.

[mikey]

i agree leop

[Launch Mini]

JJ, use the rule of 72, at 7.5 % it would double in 10 years, then half that again in the next five, so you'd be around $120,000
Now, around here, no way you'd get 7.5%. More like 4.5%
That doesn't factor in inflation and taxes on your interest

[tonelar]

I agree with you on a basic level, Chad.

Originally Posted by leopardprey

I do not think I would buy 5 TT Blues as an investment, but I do look at my Rolex watches as an investment in sort of a way to justify having a Rolex and more than one Rolex. What I mean, is I like having Rolex Watches. I want more than 1. I know that if I have 2 or 3, that if hard times fall on my down the road, I can always sell one of the Rolex watches and probably not loose any money on it. May even make a little.

Here's to the times not being too hard, my friend.

Remember the Nicolas Cage bit in Leaving Las Vegas... if you're ever desperately trying to sell a Rolex chance are you'll lose money.

I'll now say a silent prayer that times like those never befall any of you good people.

[WES]

OK, let's try this, I bought my TT SUB just over 9 years ago, at that time the list price was $5800 but my AD would take off 20% which comes to $4640, if you mailed it home out of state no tax. Now you got the watch and put in in your safe and left it there till now. At the same time you put $4640 in the bank and got 5% interest (long term CD) you would have earned $3002.12 giving you a total of 7642.12. Now, you would have to pay income tax on the interest, lets say because of a great accountant and some good write offs you only have to pay 10% tax, that leaves you 2700.12 plus the original $4640, comes to $7342.12 cash. The list price of that watch today is $7825, with the 20% discount comes to $6260.
So now if you take the TT SUB out of the safe what can you sell it for, even though never been out of the box still technically used, $6000 if your real lucky. Let's see $6000 or $7342.12 Not really a pure good investment. But still one of the few things that you can buy and enjoy and still sell down the road and get most of your money back!

[JJ Irani]

Originally Posted by WES

OK, let's try this, I bought my TT SUB just over 9 years ago, at that time the list price was $5800 but my AD would take off 20% which comes to $4640, if you mailed it home out of state no tax. Now you got the watch and put in in your safe and left it there till now. At the same time you put $4640 in the bank and got 5% interest (long term CD) you would have earned $3002.12 giving you a total of 7642.12. Now, you would have to pay income tax on the interest, lets say because of a great accountant and some good write offs you only have to pay 10% tax, that leaves you 2700.12 plus the original $4640, comes to $7342.12 cash. The list price of that watch today is $7825, with the 20% discount comes to $6260.
So now if you take the TT SUB out of the safe what can you sell it for, even though never been out of the box still technically used, $6000 if your real lucky. Let's see $6000 or $7342.12 Not really a good investment. But still one of the few things that you can buy and enjoy and still sell down the road and most of you money back!

Fair analogy, Wes....but here we have suggestins of 5 new Blue Subs at an enormous investment of over 39K and then blcoking that capital amount for 15 years.....and at the end of that term period you get ZILCH!!!

[nko51]

Has anybody here ever googled "Where does money come from" Try it!, follow and read all the information you can get a hold of. then come back to this topic and see if you still feel the same way. My friend is here rolling on the ground laughing at these posts, and how gullible most people are about money. Like the man said "Most people are penny wise, and dollar stupid"!

[JJ Irani]

Originally Posted by Launch Mini

JJ, use the rule of 72, at 7.5 % it would double in 10 years, then half that again in the next five, so you'd be around $120,000
Now, around here, no way you'd get 7.5%. More like 4.5%
That doesn't factor in inflation and taxes on your interest

Westpac Bank here in NZ has just announced 7.65% per annum for any amount over NZ$10,000!!!

Originally Posted by nko51

Has anybody here ever googled "Where does money come from" Try it!, follow and read all the information you can get a hold of. then come back to this topic and see if you still feel the same way. My friend is here rolling on the ground laughing at these posts, and how gullible most people are about money. Like the man said "Most people are penny wise, and dollar stupid"!

nko51, if your idea of Invest (which is the first word in your thread title) is to buy 5 Rolex watches, keep them aside for 15 years, block an immense capital of over 39,000 dollars and then try and sell these watches after 15 years for absolutely no profit or loss (we hope!! ).....my little 5 year old grand-daughter is laughing at you and that other idiot friend of yours.....damn seriously!!!

[Launch Mini]

Originally Posted by nko51

Has anybody here ever googled "Where does money come from" Try it!, follow and read all the information you can get a hold of. then come back to this topic and see if you still feel the same way. My friend is here rolling on the ground laughing at these posts, and how gullible most people are about money. Like the man said "Most people are penny wise, and dollar stupid"!

I know where money comes from.
YOu put that plastic thing into the machine, push a few buttons, and
VOILA, it starts spitting out bills

[Otis]

Originally Posted by Launch Mini

I know where money comes from.
YOu put that plastic thing into the machine, push a few buttons, and
VOILA, it starts spitting out bills

That's about the most sensible thing in this thread.

[Otis]

Oh people....

Collectibles are one of the hardest ways to make money as an 'investment'. Ask any financial consultant worth his/her salt. You really need to know a lot about the history, companies, target demographics and so on.

And cars are not an investment. They are a liability.

JJ is right.... a rolex is also not an investment... it is a luxury that you can afford, which one day might become a collectible.

[Welshwatchman]

Originally Posted by nko51

Has anybody here ever googled "Where does money come from" Try it!, follow and read all the information you can get a hold of. then come back to this topic and see if you still feel the same way. My friend is here rolling on the ground laughing at these posts, and how gullible most people are about money. Like the man said "Most people are penny wise, and dollar stupid"!

Is your friend ok? I hope that he didn't get himself too dirty.

You may find that there are plenty of people who use these forums who understand the history of money and bartering from Ancient times, through the successful and length period of wooden tally sticks, the enduring influence and control through gold manipulation and exploitation of the fractional reserve principle by the Rothschild dynasty, the real cause of the American civil war, the "greenbacks" and the ties to the assassination of Lincoln, the inevitable despicable creation of the dominant Federal Reserve Private Bank in the early 1930's and subsequently the "World Bank" through to the house-of-card system that exists in the modern age.


If you have the great secret of exactly when the fiat monetary system will be collapsed by the powers that be, please enlighten us.

Otherwise, lets just talk about watches.

[A. Jacobs]

This thread is getting old quick . I don't give a sh*t where money comes from as long as I can spend it. Let's talk watches and let's NOT talk about the federal reserve.

[Gaijin]

Lets just put it this way. Buying a Rolex is a better way to spend your money than say...on a new car or a weekend in Vegas. I am done pissing my money away on those two things. I am buying a Rolex a year. Or maybe two.