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re: Time piece investment? I see a trend in some serious deals popping up.
Posted on 9/26/20 at 10:50 pm to BarberitosDawg
Posted on 9/26/20 at 10:50 pm to BarberitosDawg
quote:
This an 'accessory level' investment process for those of whom has figured that out.
What are you, 14? That’s called a hobby.
0
Posted on 9/27/20 at 10:24 am to BarberitosDawg
quote:
The price here for this one was after taxes was around $7600.00
I wouldn't let this one go for anything less than $9100.00 and I ain't letting go.
With all due respect it’s worth what someone will pay for it and no one wanted to pay $9100 for something that was bought for $7600.
I don’t think there’s anything wrong with hobby hustle’s like watches, jewelry, etc. it’s fun and if you can make some money great. I would say you are likely much better off flipping them quick then holding them as we really don’t know long term what will happen.
This is no different then owning art, classic cars, etc.
Posted on 9/27/20 at 4:19 pm to BarberitosDawg
quote:
I'm listening, and I agree with a lot of what you say, however we can look at the Submarinar "Hulk" and see significant value has increased from purchase price. It's because of rumor that that line is coming to an end (or it may have I haven't checked on those in a while).
Yep, that happened. The hulk was discontinued in the new line of subs.
Posted on 9/27/20 at 6:32 pm to BarberitosDawg
Friend,
I thought this generation learned in the 80s and 90s that buying mass produced collectibles like baseball cards is not a profitable proposition. There will be exceptions, of course, but most luxury watches will decline in value over the next 40 years. Even the Rated Rookies-esque ones.
Yours,
TulaneLSU
I thought this generation learned in the 80s and 90s that buying mass produced collectibles like baseball cards is not a profitable proposition. There will be exceptions, of course, but most luxury watches will decline in value over the next 40 years. Even the Rated Rookies-esque ones.
Yours,
TulaneLSU
Posted on 9/27/20 at 9:58 pm to BarberitosDawg
quote:
Rolex watches hold or increase in value overall with few exceptions.
That's good to know. My wife wanted me to go up to 57th Street in Manhattan to keep her company while she shopped, but I begged off. Lost about 25k that day.
Posted on 9/28/20 at 7:55 am to BarberitosDawg
This whole conversation could be about cars as an investment and all the same rules would apply.
Very very few ever maintain value - most will lose value over time.
It is very rare for any of them to appreciate in value and it is impossible to predict.
Even of the few that appreciate, even fewer appreciate more than what could be earned through other safer and time-proven investments.
Buy one because you like it, not to make money.
Very very few ever maintain value - most will lose value over time.
It is very rare for any of them to appreciate in value and it is impossible to predict.
Even of the few that appreciate, even fewer appreciate more than what could be earned through other safer and time-proven investments.
Buy one because you like it, not to make money.
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