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5 February 2018, 08:04 PM | #1 |
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Which Rolex to invest?
Hi guys,
Im thinking of buying Rolex to invest some money for short/ mid rage term (1-5 years)... later would like to sell them... Which one do you suggest (please dont tell me Daytona Ceramic due to aviability)... Thanks Enviado desde mi iPhone utilizando Tapatalk |
5 February 2018, 08:12 PM | #2 |
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Non.. I think the only investment you can see a Rolex is as a maintainer. But not to win a lot of money on it on such a short time. Maybe you can be Lucky, but most likely is you get ur money just back......
I see it as a maintainer. But if i would not loved watches, i would keep it on the bank. |
5 February 2018, 08:12 PM | #3 |
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None. There are better ways to invest money.
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5 February 2018, 08:17 PM | #4 |
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A Rolex is not an investment.
Buy what you like. |
5 February 2018, 08:19 PM | #5 |
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I see you "invested" in multiply threads with the same question!
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5 February 2018, 08:34 PM | #6 |
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none. Even a daytona would make less return over a 5 year time frame than the same amount of money in an index fund. Retaining value and investment are not the same thing. Rolex's hold value pretty well but that doesnt make them an investment.
Can rolex be a cash equivalent to money that would otherwise be in a savings account making virtually no interest? possibly. However the opportunity cost of using money on watches as an investment instead of a proper investment is a losing proposition. |
5 February 2018, 08:54 PM | #7 |
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I think 4- and 5-digit steel professional models might continue to appreciate in the next 5 years. But it’s not how I’d invest my money.
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5 February 2018, 09:26 PM | #8 |
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just to give you an idea, some valuations for unworn and fully stickered preowned watches compared to MSRP at launch, approximately (in Europe, fluctuates a bit depending on the country):
Daytona 116500LN: up 42% in 23 months (21.9% annualized) Sea-Dweller 126600 : up 13% in 9 months (17.3% annualized). GMT II 116710BLNR : up 7% in 23 months (3.7% annualized) Sub 116610LV: up 22.4% in 93 months (2.84% annualized) |
5 February 2018, 09:28 PM | #9 | |
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Quote:
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5 February 2018, 09:39 PM | #10 | |
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Quote:
Thanks Enviado desde mi iPhone utilizando Tapatalk |
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5 February 2018, 09:39 PM | #11 | |
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Quote:
Right, thanks Enviado desde mi iPhone utilizando Tapatalk |
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5 February 2018, 10:07 PM | #12 |
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Perhaps you should try looking at other suitable investments with the same fervor that you continue to ask this question.
Watches are not an investment, buy what you want to own and wear. https://www.rolexforums.com/showthread.php?t=584537
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5 February 2018, 10:29 PM | #13 |
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5 February 2018, 10:31 PM | #14 |
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Bitcoin?
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5 February 2018, 11:32 PM | #15 | |
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Quote:
Well put. |
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5 February 2018, 11:39 PM | #16 |
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5 February 2018, 11:44 PM | #17 |
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its a better value retainer for sure. Its always the explanation i give too when talking to people who don't "get" spending that kind of money on watches. Its a smarter purchase than a new car. Still not an investment as there is no expectation for return, just a smaller loss.
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6 February 2018, 12:08 AM | #18 | |
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Quote:
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6 February 2018, 12:53 AM | #19 |
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no offense to the OP but it is threads like this one (and they are becoming more and more numerous) that makes me think we are in a bubble.
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6 February 2018, 12:59 AM | #20 |
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Yes as well as those who try to perpetuate the myth that high end luxury jewelry is an "investment".
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6 February 2018, 01:02 AM | #21 |
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Not an investment. Buy it if you want and can get one
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The Most Valuable Commodity is Time Audemars, Vacheron, Breguet, Jaquet Droz, JLC, Rolex, Omega, Cartier |
6 February 2018, 01:04 AM | #22 |
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While I hope my Rolex appreciates, I didn't buy it for that reason.
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6 February 2018, 01:05 AM | #23 | |
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Reminds me of those vacation home seminars where they sell you the investment potential of buying a house in some resort town and then renting your property when you are not using it. I would ask, why are you selling it then? Just rent it yourself if its guaranteed money. |
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6 February 2018, 01:06 AM | #24 |
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I believe a Rolex can be enjoyment and investment. Mine have been, Good Luck.
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6 February 2018, 01:14 AM | #25 |
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Everything I buy I consider an investment.
For a Rolex I'd get a Kermit, 5 digit Daytona or a DBlue. |
6 February 2018, 01:18 AM | #26 |
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Here's how to make one million dollars with watch collecting...listen up.
Step 1. Start with two million dollars. |
6 February 2018, 01:20 AM | #27 |
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Yes indeed. When a habit of buying luxury jewelry goes from costing thousands per year to making thousands there is something wrong.
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6 February 2018, 01:21 AM | #28 |
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6 February 2018, 01:21 AM | #29 |
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Invest in things people always need. Not watches.
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6 February 2018, 01:23 AM | #30 |
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Lol. I need to update that, I sold all of them....and most of them at a profit.
Buy right and you don't have to worry about losing money. I consider everything I spend money on to give me a certain return...whether it's guns, watches, cars, stocks, businesses, real estate, gold, etc. For some of them they will not return a financial profit, but if the enjoyment they provide outweighs the monetary loss then I consider it a good "investment". |
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