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31 August 2016, 02:43 AM | #1 |
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Real Name: Jason
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Really Kinda Sad Right Now......Let Some Nice One's Go......But No Watch in Return
Guys, I'm a little gutted right now. Some of you may know that I have been selling-off SEVERAL really nice watches. What you may or may not know is that I have been saving since January 1st for the Platinum Daytona with a diamond dial. I have done really well keeping my urges in check, and I haven't gotten sidetracked at all this year with other watches.
Well, this last week I was approached by a surgeon friend of mine that offered to have me included in a business venture that involves capitol for real estate, and capitol needed for a medical business startup. I had to invest $100,000......so there goes my new Platinum Daytona. A really great rate of return is expected, so it really was a great opportunity. However, it is not nearly as fun as a Platona. So, not only do I NOT get the Platona, but I also lost some really great watches......Ultimately, I should benefit from this move (as well as my family), but I can't help but be a little sad at the same time. Did I make the right decision?? The one I wanted: The ones that I let-go....... A-serial SD 16600 BLNR Black Bay DSSD Pelagos
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Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
31 August 2016, 02:46 AM | #2 |
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Long term you definitely made the right call. It'll be even more fun when you finally get your Platona.
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31 August 2016, 02:49 AM | #3 |
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Real Name: Rod
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Yes! You'll get your grail, just have to wait a little longer once the fruits of your investments grow. GL!!
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31 August 2016, 02:55 AM | #4 |
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Real Name: Felipe
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I think you made the right choice investing the money. You'll get your Platona eventually so cheer up.
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31 August 2016, 02:56 AM | #5 |
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Location: USA
Watch: addiction issues
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Right call assuming you did your due diligence, which I am sure you did handing over 100 large.
I predict you will be able to buy your daytona with the fruits of this investment some day |
31 August 2016, 02:55 AM | #6 |
Banned
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Real Name: Bill
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Well hopefully your ROI includes enough money to quickly buy that Pt Daytona!
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31 August 2016, 02:56 AM | #7 |
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I dunno.....I have all the watches I want except the 116506 so I'm saving for that as well....but I on the other hand don't really want to sell my collection just to obtain it (could be easily done)....I think you have to ask yourself do you prefer a rotation or are you a 1-2 watch guy? In terms of where you spent your money, sounds like you made the right move for sure.....only dump spare income that you don't sitting on stuff like watches....they're not investments obviously of any kind. Your time will come!
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31 August 2016, 03:06 AM | #8 |
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Lots of luck with your business venture. I'm sure you will come back stronger than ever!
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31 August 2016, 03:13 AM | #9 |
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Real Name: Capt Swerve
Location: North Carolina
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Always pursue sound financial opportunities. Congrats on the venture!
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31 August 2016, 03:31 AM | #10 |
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Real Name: Danny
Location: Bay Area CA
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I think your on the right track, soon you will be bumping up this thread with your grail
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1 September 2016, 03:10 AM | #11 |
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31 August 2016, 03:37 AM | #12 |
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Location: USA
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More importantly what do you still have?
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31 August 2016, 04:04 AM | #13 |
"TRF" Member
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Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
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I still have PLENTY.......but I really wanted the Platinum Daytona.
2-166160LVs 2-1680 Red Subs 2-16800s 1680 white 2-1665s WG Blue Sub (Smurf) WG Daytona on a Strap 2-16600 SDs 16700BLRO 16710 Coke 16610 16570 116264 White TOG 14060M 5513 116400 White Milgauss 16660 And 3 vintage Tudor Subs............ I could whittle away at the above and still get it, but I started by selling the ones that were easily replaced and anything larger than 40mm
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Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
31 August 2016, 04:27 AM | #14 | |
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Quote:
Gonna tease you with mine tho... |
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31 August 2016, 02:24 PM | #15 |
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That's the one my friend.
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Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
31 August 2016, 05:01 AM | #16 | |
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Quote:
Good luck with the new venture
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31 August 2016, 05:56 AM | #17 | |
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What a pity You made the right decision. Sometimes a long chase makes the journey (and destination) so much more worthwhile.
Quote:
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31 August 2016, 01:08 PM | #18 | |
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Quote:
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"You ain't lived, 'til you've had your tires rotated by a red-headed women." |
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31 August 2016, 01:23 PM | #19 | |
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Quote:
Your Platona will be on your wrist shortly! |
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31 August 2016, 03:40 AM | #20 |
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Jason, don't sweat it brother. You'll definitely get the platona and be able to rebuy the ones that you miss the most
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31 August 2016, 03:47 AM | #21 |
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Real Name: Travis
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The Platona will happen! Hopefully a high and fairly quick return in the near future.
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31 August 2016, 03:52 AM | #22 |
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Real Name: Gerardo
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Smart move, I am sure the platona, will be yours in no time!
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31 August 2016, 03:52 AM | #23 |
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Only time will tell.
Good Luck |
31 August 2016, 04:04 AM | #24 |
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You know you did the right thing Jason. You wouldn't have done it otherwise. Congratulations and best wishes on you new venture! Besides those Daytonas wear on the small size. I'm sure there's one in your future.
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"The only reason for time is so that everything doesn't happen at once." -A. Einstein |
31 August 2016, 04:05 AM | #25 |
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that's a good list... :)
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31 August 2016, 04:19 AM | #26 |
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Posts: 3,209
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LOL - your inventory is still VERY strong and enviable! Good stuff.
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31 August 2016, 04:33 AM | #27 |
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I imagine the ROI is very good and probable as you were planning on spending these funds on the Platona and not an investment. Hope it works out for you.
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31 August 2016, 04:35 AM | #28 | |
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Quote:
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31 August 2016, 04:37 AM | #29 |
Banned
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If you get ROI it is good but that's not always a given, especially in start ups when I hear "great ROI" I run because really as an angel you're looking for a multiple of your money usually 5x or 10x. If you don't have that possibility then the risks often outweigh the rewards. I really don't understand this particular deal or the exit strategy but "great ROI" raises red flags.
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31 August 2016, 06:28 PM | #30 | |
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Quote:
A good friend of mine got stung for a similar sum recently. The guy he invested his money with got four years in jail. The guy was in a robbing Peter to pay Paul Ponzi style scheme. When the story came out he had a pretty big gambling addiction. My friend had known the guy for years, went to each other's weddings etc. For a year or two everything was rosy then the cheques came late and all of a sudden stopped all together. My pal was lucky he could take the loss. Other people lost the lot. One person had invested the whole sum she received as compensation for a serious industrial accident. The other investors got about 2 pence in the pound back. |
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