Prediction on the BLRO and SS Daytona

[GMT2BATMAN]

Reach down deep:
What will a mint Pepsi and SS Daytona w/ box and papers sell for in 10 years?
Will it outperform the S&P500?

[TimeToWatch]

Who cares honestly? I bought my watches because I like their design. Too many people interested in these watches for the wrong reasons these days.

[Bearxj86]

Originally Posted by TimeToWatch

Who cares honestly? I bought my watches because I like their design. Too many people interested in these watches for the wrong reasons these days.

A lot of people care. Impressive design, amazing specs and how it makes you feel are fundumentals. Value retention to some is a strong second to many.

[TimeToWatch]

Originally Posted by bearxj86

A lot of people care. Impressive design, amazing specs and how it makes you feel are fundumentals. Value retention to some is a strong second to many.

We’ve gone well beyond value retention. People are literally buying the 116500 not because they like it, but because they think they can outperform the S&P. This is tulip mania

[Harry-57]

Originally Posted by Bearxj86

Value retention to some is a strong second to many.

In that case, best not to buy watches. Simple as that.

[Navarino]

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

[inadeje]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

[beshannon]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

Completely agree, no longer a watch forum

[travisb]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

[sillo]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

Yeah the General Discussion sub forum has been a dump lately filled with threads just like this. Maybe there should be an investment sticky thread lol.

Also noticing a lot of these threads are started by members who joined this year.

[SlideRacker]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

Agreed but it’s a fun way to diversify among asset classes. Many people have precious metals as a small part of their portfolio. This is no different.

[cbalster]

Originally Posted by SlideRacker

Agreed but it’s a fun way to diversify among asset classes. Many people have precious metals as a small part of their portfolio. This is no different.

I do not think you're buying an uncorrelated asset that is going to offer diversification benefits to a traditional portfolio of stocks and bonds. But it is fun to look at cars and watches that are bought right. With you there.

[GMT2BATMAN]

Originally Posted by SlideRacker

Agreed but it’s a fun way to diversify among asset classes. Many people have precious metals as a small part of their portfolio. This is no different.

Agreed.

I think its interesting comparing the growth relative to the economy or a stock Index. I wouldn’t go out and tell be to invest in watches and jewelry rather than an index fund, stock, bonds etc.

I also wouldn’t buy a luxury item that has shitty resale potential even if I had zero interest in ever selling it. I would feel cheated if I forked over money for something that is worthless.

[epicurus]

Originally Posted by Carry The Interest

I've been biting my tongue on a lot of these threads. I don't intend on sounding rude, but this is just getting ridiculous now.

FWIW, my money is on the S&P.

If this forum can ban politics, guns, replicas and whatever else.......please consider banning investment posts like these

[beshannon]

Originally Posted by epicurus

If this forum can ban politics, guns, replicas and whatever else.......please consider banning investment posts like these

[GMT2BATMAN]

Originally Posted by epicurus

If this forum can ban politics, guns, replicas and whatever else.......please consider banning investment posts like these

Why would you take the time to comment on a post you think is a waste? Unless, you don’t value your time....

[pepsiretail]

Are we talking MK I bezel Pepsi? If yes, then Yes!

[georgekart]

Originally Posted by pepsiretail

Are we talking MK I bezel Pepsi? If yes, then Yes!

I don't think MK I will be commanding crazy premiums 10 years down the line. My two cents is it will start being coveted 15 years down the line and then 5 more years down the line be extremely coveted. I could be wrong, but that's what I think.

[GMT2BATMAN]

You can love the watch, not ever be willing to sell it and ponder about its future value.
BLRO will sell for its current grey market price (18k) and the Daytona will sell for 30k. Neither will outperform the S&P 500.

[coralfarmer84]

In my opinion when a “crash” comes it will be across the board in all financial aspects.

[MinMay]

i predict 50K...easily. They'll discontinued it...like they always do...guaranteed it :) . They'll probably put the ugly jubilee and then people will want the oyster :)

By 10 years, I hope everyone is going to be worth 100 mil....so 50K is chump chain :) . And I'm being conservative :)

[Lord Hectic]

Pathetic.

[watchmework]

https://www.yelp.com/search?find_des...loc=texas&ns=1

Here is a Yelp listing for fortune tellers in Texas...they have about as good a chance of predicting this as we do, enjoy

[Etschell]

Speculative

[kieselguhr]

Originally Posted by GMT2BATMAN

Will it outperform the S&P500?

Short term, maybe.
Long term, nope.
Just my honest opinion. I am no financial expert.


AOW

[csaltphoto]

Wonder what a Paul Newman Daytona sold for 10 years ago.

Or one of those old subs with rusty hands and flaking tritium (I'm sorry, I mean Patina) that go for 80K now.

[TimeToWatch]

Originally Posted by csaltphoto

Wonder what a Paul Newman Daytona sold for 10 years ago.

Or one of those old subs with rusty hands and flaking tritium (I'm sorry, I mean Patina) that go for 80K now.

**Past performance is not indicative of future results**

[sinkholeninja]

Originally Posted by TimeToWatch

**Past performance is not indicative of future results**

Precisely. Investing 101.

[SS Oyster]

BLRO will retail for $20k with today’s watch commanding $26k second hand.

Daytona will be 126500 by then and retail for $22k with second hand ones from today going for $35k.


Sent from my iPhone using Tapatalk

[rominvicta]

Just out of curiosity. How much did they sell for 10 years ago?