Rolex Remorse...

[Token74]

Couple of simple questions to liven up a dull Friday:

1. Which Rolex do you most regret buying?
2. Which Rolex do you most regret selling?

I most regret buying a Sub 116613LB which I traded for a loss (only lost the VAT, but it was still a 20% loss) two months after purchasing it new from my AD; it is one of the most stunning watches I’ve ever seen but it just didn’t suit me and deep down I knew it. I learnt a valuable lesson that buying a watch is about buying one that suits you, not just one that you like.

I most regret selling the GMT 116710LN which was the most comfortable watch I’ve ever worn, even more so than the Daytona which is extremely comfortable. The GMT function was also very useful. I sold it because it wasn’t getting any wrist time after I’d bought the Sea Dweller, but I didn’t really need to sell it and it would get wrist time now that the SD honeymoon period has worn off (still love it, but I have room for others now).

[Mick P]

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

[Token74]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries.

I currently have a Sea Dweller which I've had for over two years, and the new Daytona which I am very happy with. I'm about to go shopping for a Royal Oak which I've been researching for the past year. So, I'm pretty happy with my approach and not sure how anything I've done suggests I should give Rolex a miss?

But have I made mistakes, yep. Have I learned from them, yep. Will I probably make new mistakes, yep. This applies to every aspect of my life, and I'm pretty comfortable with that.

Different strokes I guess...

[Chadridv]

Originally Posted by Token74

Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries.

I currently have a Sea Dweller which I've had for over two years, and the new Daytona which I am very happy with. I'm about to go shopping for a Royal Oak which I've been researching for the past year. So, I'm pretty happy with my approach and not sure how anything I've done suggests I should give Rolex a miss?

But have I made mistakes, yep. Have I learned from them, yep. Will I probably make new mistakes, yep. This applies to every aspect of my life, and I'm pretty comfortable with that.

Different strokes I guess...

Very well said!!!

[jonnylax]

Originally Posted by Token74

Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries.

I currently have a Sea Dweller which I've had for over two years, and the new Daytona which I am very happy with. I'm about to go shopping for a Royal Oak which I've been researching for the past year. So, I'm pretty happy with my approach and not sure how anything I've done suggests I should give Rolex a miss?

But have I made mistakes, yep. Have I learned from them, yep. Will I probably make new mistakes, yep. This applies to every aspect of my life, and I'm pretty comfortable with that.

Different strokes I guess...

Give rolex a miss? come one! haha... I typically do tons of research buy it, then say did I really just spend xxxxx on a watch? LOL don't have any regrets because at one time you did want it, as long as you don't take a huge hit who cares? I have taken tons of hits on cars which I tend to get sick of, then miss the hell out of when i sell it, but that doesn't mean I'm going to stop buying cars.

keep buying and selling, and don't sell the ones you truly fall in love with!

also with rolexes they tend to hold their value really well, so your not going to lose too much unless you sell out of desperation.

good luck with your future purchases!

[Token74]

Originally Posted by jonnylax

Give rolex a miss? come one! haha... I typically do tons of research buy it, then say did I really just spend xxxxx on a watch? LOL don't have any regrets because at one time you did want it, as long as you don't take a huge hit who cares? I have taken tons of hits on cars which I tend to get sick of, then miss the hell out of when i sell it, but that doesn't mean I'm going to stop buying cars.

keep buying and selling, and don't sell the ones you truly fall in love with!

also with rolexes they tend to hold their value really well, so your not going to lose too much unless you sell out of desperation.

good luck with your future purchases!

The car example is good...I have made a profit on most watches I've flipped, and only lost money on two (the GMT and TT Sub). But even then, compared with the £15k depreciation hit I take buying a new car every year, it's small beer!

In fact, since buying watches, I've reduced my car purchasing to every two years, which reduces my depreciation hit which more than funds my watches!

[brucethemanlee]

Originally Posted by Token74

Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries.

I currently have a Sea Dweller which I've had for over two years, and the new Daytona which I am very happy with. I'm about to go shopping for a Royal Oak which I've been researching for the past year. So, I'm pretty happy with my approach and not sure how anything I've done suggests I should give Rolex a miss?

But have I made mistakes, yep. Have I learned from them, yep. Will I probably make new mistakes, yep. This applies to every aspect of my life, and I'm pretty comfortable with that.

Different strokes I guess...

agree 100% - always push boundaries!
I'd much rather regret something I did than regret something I didn't do!

[Token74]

Originally Posted by brucethemanlee

agree 100% - always push boundaries!
I'd much rather regret something I did than regret something I didn't do!

Yup, damn right.

[CLS63AMG]

Originally Posted by Token74

Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries.

I currently have a Sea Dweller which I've had for over two years, and the new Daytona which I am very happy with. I'm about to go shopping for a Royal Oak which I've been researching for the past year. So, I'm pretty happy with my approach and not sure how anything I've done suggests I should give Rolex a miss?

But have I made mistakes, yep. Have I learned from them, yep. Will I probably make new mistakes, yep. This applies to every aspect of my life, and I'm pretty comfortable with that.

Different strokes I guess...

GREAT OUTLOOK! I agree!

[Flywheel]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

Thanks, Professor Hindsight. I'm sure the OP never considered this inspired pearl of wisdom.

Regretted selling my 16610 sub and then wasting my money on a brand beneath a Rolex when I should have just waited and saved.

[Mick P]

Originally Posted by Flywheel

Thanks, Professor Hindsight. I'm sure the OP never considered this inspired pearl of wisdom.

Regretted selling my 16610 sub and then wasting my money on a brand beneath a Rolex when I should have just waited and saved.

Flywheel

You live and learn and hopefully you won't make the same mistake again.

Sensible people benchmark and emulate people who do things right. I am obviously doing something right because I have never had buyers remorse but if you want to take the p*** then fine.

Token

You said ---- "Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries."

Yes there is some truth in that. However we all have gambler friends who place bets, lose and then regret it. It is all about risk and whether you can live with the consequences.

I am probably more cautious than most and only buy what I truly want. That way my bank balance is always healthy and I am not remorsing over something I regretted buying.

I have four Rolex and am pleased with all of them.

Regards

Mick

[Token74]

Originally Posted by Mick P

Flywheel

You live and learn and hopefully you won't make the same mistake again.

Sensible people benchmark and emulate people who do things right. I am obviously doing something right because I have never had buyers remorse but if you want to take the p*** then fine.

Token

You said ---- "Some would argue that not having any regrets means never taking a chance. And not making any mistakes means never pushing the boundaries."

Yes there is some truth in that. However we all have gambler friends who place bets, lose and then regret it. It is all about risk and whether you can live with the consequences.

I am probably more cautious than most and only buy what I truly want. That way my bank balance is always healthy and I am not remorsing over something I regretted buying.

I have four Rolex and am pleased with all of them.

Regards

Mick

Life for me is a journey, with some right turns and some wrong turns. If I make more right than wrong, and get all the big ones right, then all good.

I know one thing for sure, if I hadn't taken chances, taken the occasional gamble, and made some wrong turns, I would never have come close to being able to own a Rolex.

I don't have any debt. I have a healthy and happy family. My business is doing well. And I have good friends. If I gamble with the occasional purchase, no drama.

Equally, I appreciate that we are all different and if a safer approach works for you, then that's cool...there are occasions when I envy that approach!

[TheVTCGuy]

Originally Posted by Flywheel

Thanks, Professor Hindsight. I'm sure the OP never considered this inspired pearl of wisdom.

Regretted selling my 16610 sub and then wasting my money on a brand beneath a Rolex when I should have just waited and saved.

"Professor Hindsight" Oh I don't know if you're being rude or if this was the right thing to say.... But I just had to laugh...

[porschedude]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

Lol seriously?

[multimedia]

Originally Posted by porschedude

Lol seriously?

Right

Cheers,
Joe

[dbluevette]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

I regret buying a vintage Rolex piece that gets no wrist time. I thought I wanted it at the time, but I enjoy the modern rolex better. I'll just end up giving it away as a gift or maybe sell it. This way I can make the best out of a bad decision.

[Bo-Dacious]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

Loosen up the reins, cowboy.

[nektar]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

It is nothing wrong with what he did and how he is approaching the whole thing.. You do not buy a house/ you are not getting married. it is just a watch forum... Relax.

[Old Expat Beast]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

"I bought a 16610 Sub and immediately regretted it" says Mick.

www.rolexforums.com/showthread.php?t=482865

[Mick P]

Originally Posted by Old Expat Beast

"I bought a 16610 Sub and immediately regretted it" says Mick.

www.rolexforums.com/showthread.php?t=482865

Adam

Now come come, that is a bit of misrepresentation.

You have taken one sentence out of a long paragraph.

I am actually wearing the 16610 Sub as I am typing this post from my humble shack in Spain where I am mid way through a six week break.

The Sub tends to be to be my default holiday watch because is just seems more appropriate to wear and is my best waterproof watch.

I now have four Rolex and have neither remorse nor regret in buying any of them. I try to ensure that they all get equal wear but that is easier said than done because I travel so much due to being retired. So one is on my wrist and the other three are locked up in a big heavy safe in the UK.

Looking forward I would like to buy another Rolex (which will be the last one) a 16710 is currently high on the wish list.

So no remorse there.

I have had a bit of a think about this remorse issue overnight and I have to concede on reflection that I now regret buying three small cuttings of ivy which I planted up against my 6ft high garden wall twenty years ago.

Today, all three walls that surround my rear garden are covered in the bloody stuff and twice a year I have to spend a full day, trimming it back and then picking up all the bits. I bought a Honda petrol trimmer which too heavy to use and I think at 67 I may have to pay someone to come in and do it for me or have it all cut down and removed.

I hope this proves to your satisfaction that I am indeed indecisive.

Regards

Mick

[Token74]

Originally Posted by Mick P

Adam

I have had a bit of a think about this remorse issue overnight and I have to concede on reflection that I now regret buying three small cuttings of ivy which I planted up against my 6ft high garden wall twenty years ago.

Today, all three walls that surround my rear garden are covered in the bloody stuff and twice a year I have to spend a full day, trimming it back and then picking up all the bits. I bought a Honda petrol trimmer which too heavy to use and I think at 67 I may have to pay someone to come in and do it for me or have it all cut down and removed.

Mick

Ha ha, truly made me laugh!

[Ruud Van Driver]

Originally Posted by Mick P

.

I have had a bit of a think about this remorse issue overnight and I have to concede on reflection that I now regret buying three small cuttings of ivy which I planted up against my 6ft high garden wall twenty years ago.

Today, all three walls that surround my rear garden are covered in the bloody stuff and twice a year I have to spend a full day, trimming it back and then picking up all the bits. I bought a Honda petrol trimmer which too heavy to use and I think at 67 I may have to pay someone to come in and do it for me or have it all cut down and removed.

I hope this proves to your satisfaction that I am indeed indecisive.

Regards

Mick

Mick

You have said previously that you will refrain from humour in future posts. i have raised this issue with you on more than one occasion and have been ignored.

I can't believe that one so educated (and judgemental) as yourself can be ignorant so I can only conclude that you are indeed indecisive.

Regards,

Ruud.

[Mick P]

Originally Posted by Ruud Van Driver

Mick

You have said previously that you will refrain from humour in future posts. i have raised this issue with you on more than one occasion and have been ignored.

I can't believe that one so educated (and judgemental) as yourself can be ignorant so I can only conclude that you are indeed indecisive.

Regards,

Ruud.

humorist
Ruud

What is humorist about a frail old man wielding a heavy petrol driven piece of machinery trying to trim over 200ft of ivy. It's bad enough for a young guy let alone an old man of 67.

You Sir are a sadist.

Mick

[Chadridv]

Originally Posted by Mick P

Adam

Now come come, that is a bit of misrepresentation.

You have taken one sentence out of a long paragraph.

How could that be any bit of a misrepresentation? It was a word for word quote. Here's the full paragraph so you have no more confusion.

"After I retired I travelled a lot spending about 6 months a year touring Europe where the dress code is a bit more casual. To cut a long story short, I bought a 16610 Sub and immediately regretted it as I considered it looked a bit loud."

[WAK4]

Originally Posted by Chadridv

How could that be any bit of a misrepresentation? It was a word for word quote. Here's the full paragraph so you have no more confusion.

"After I retired I travelled a lot spending about 6 months a year touring Europe where the dress code is a bit more casual. To cut a long story short, I bought a 16610 Sub and immediately regretted it as I considered it looked a bit loud."

I think he may now regret writing that....

[cwieb]

Originally Posted by Old Expat Beast

"I bought a 16610 Sub and immediately regretted it" says Mick.

www.rolexforums.com/showthread.php?t=482865

He told me this as well-

"There is absolutely no need for a grown person over the age of 21 who has a reasonable degree of intelligence to buy or sell something one day and then to regret it a few days later."

http://www.rolexforums.com/showthread.php?t=467340

[MonBK]

Originally Posted by cwieb

He told me this as well-

"There is absolutely no need for a grown person over the age of 21 who has a reasonable degree of intelligence to buy or sell something one day and then to regret it a few days later."

http://www.rolexforums.com/showthread.php?t=467340

I hope he received an infraction for that remark?

[Star Ferry]

Originally Posted by Mick P

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Have you ever received a disappointing dish at a restaurant and regretted ordering it?

[Mick P]

Originally Posted by Star Ferry

Have you ever received a disappointing dish at a restaurant and regretted ordering it?

Yes indeed.

I used to get taken out for lunch (business) about 3 times a week for nearly 35 years and I did have some disappointing dishes put in front of me.

My only get out was that it was the salesman who paid for it, however you have made an excellent point.

Regards

Mick

[JP Chestnut]

Originally Posted by Mick P

Token

Buying something one day and regretting later shows that there is something wrong in the way you are approaching this hobby.

If you do your research, you will know whether you want it or not. If you are not sure, do not buy.

I have never regretted any purchase I have ever made in my life because I only buy what I truly want.

Possibly you should give Rolex a miss.

Regards

Mick

I'd rather regret the odd purchase than come on off as so horribly smug.