ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
15 February 2018, 04:22 PM | #31 |
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Not an investment, but if bought correctly, it's money in the bank.
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15 February 2018, 04:51 PM | #32 |
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15 February 2018, 05:14 PM | #33 |
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Yes it is the best investment
Yes it is the best investment,investment in your passion and investment in quality of your life.When I look on my watch I 'm very satisfaction.
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15 February 2018, 05:19 PM | #34 |
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I've always believed that if you take care in your portfolio the other things, bonds, stocks, emergency cash, even real estate that if you've got some extra dough after all that well.. if you buy correctly that some Rolex will increase in value and could be considered an investment.
The pushback on here though is that there are many in the "buy to wear" camp and that a Rolex unworn and held for the future is a dam shame. Some that bring this topic up even get With the SS Rolex shortages I think that these are not a bad "investment." We have all seen prices rise on some without even a price increase by Rolex. One to wear the out of and one to hold. Please don't hate me. |
15 February 2018, 05:23 PM | #35 |
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Firstly, buy a time-piece because you like it, and if it appreciates over time that’s great. If you want to invest your money, there are other things you could invest in.
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15 February 2018, 07:00 PM | #36 |
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Compared to other tangible goods it isn't the worst way you could spend your money.
I could turn my 33 yr old Sub into 4x what I paid for it. Had I kept my 1962 Porsche Super 90, I could probably get at least 10x what I sold it for in the 1980's. I think if you go to an AD and buy a new watch, you have a long wait to have any significant return on your money. But wearing an outstanding timepiece while you wait is a good thing. |
15 February 2018, 07:31 PM | #37 | |
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Quote:
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15 February 2018, 07:34 PM | #38 |
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Depends on your definition of investment...
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15 February 2018, 09:50 PM | #39 |
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No
Luxury jewelry is not an investment
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15 February 2018, 09:54 PM | #40 |
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Here's my take on it.
If you bought it 2 weeks ago for 10k and sold it for 14k............................it was an investment. If you bought it 2 weeks ago for 10k and sold it for 9k..............................it wasn't. |
15 February 2018, 10:09 PM | #41 |
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Do you want to make a million dollars investing in Rolex? Start with two million!
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15 February 2018, 10:15 PM | #42 | |
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Quote:
I bought a gently pre-owned 14060 T serial Sub in 2002 to give my dad for his 60th. I paid $2500. That same watch is worth $4500-$5500 today. $2500 in 2002 would be equivalent to approximately $3500 today. While not an investment per se, if you buy the right watch at the right price, you will almost never lose money.
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15 February 2018, 10:27 PM | #43 |
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An investment? I'm not sure why so many here have a problem admitting it, but of course it is! Obviously with any investment, you must know what you're doing or be lucky. All of my five digit models have appreciated significantly. The rub is, of course, that you must sell to realize your profit.
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15 February 2018, 10:29 PM | #44 |
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They are a good place to park money to some extent, but don’t buy in the hope you will ‘make’ money from them. Long term Rolex retain their value very well. Short term very few models make you money.
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15 February 2018, 10:37 PM | #45 | |
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Quote:
They are, though, really enjoyable to own and wear, and retain value much better than most other jewelry-type purchases I can think of.
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15 February 2018, 10:37 PM | #46 |
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Good luck if you have that thought!
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15 February 2018, 10:41 PM | #47 |
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I just feel it’s shame to spend £/$xxxx’s on a watch to then lock it away and never wear it for hope of it appreciating in value (which I’m sure it will) but to me the value is in the battle scars and the journey I’ve taken with the watch. Watches are an investment in your happiness and the journey of life, not a monetary investment. I buy funds and stocks to ‘scratch that itch’ so to speak.
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15 February 2018, 10:42 PM | #48 |
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As watches go, yes
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15 February 2018, 11:21 PM | #49 |
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Nope, never thought of it that way.
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15 February 2018, 11:32 PM | #50 |
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Is a Rolex an Investment?
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15 February 2018, 11:55 PM | #51 |
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Can you resell for more than you paid? YES
Will you make more adjusted for inflation? NO (on most models) Would you have made more money in another investment? YES However none of this applies in the short term with crazy gray market prices where you can literally turn a profit overnight with the right watch. But I don’t think that will last forever. Sent from my iPhone using Tapatalk
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15 February 2018, 11:58 PM | #52 |
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If you buy vintage or any stainless steel Daytona .... for sure it could hold or increase in value. However, if you are looking for investment I would advise you to buy real estate or put your money in the market.
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16 February 2018, 12:01 AM | #53 |
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its an investment, just not a good one.
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16 February 2018, 12:13 AM | #54 |
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No.
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16 February 2018, 12:14 AM | #55 |
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No. But, it's not like lighting money on fire either
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16 February 2018, 12:16 AM | #56 |
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Why is it always 10:10:31? |
16 February 2018, 12:16 AM | #57 |
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It’s an investment all right. Usually a bad one.
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16 February 2018, 12:16 AM | #58 |
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16 February 2018, 12:20 AM | #59 |
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Nope. But I do consider SS Rolexes to be very close to cash equivalents in my overall financial picture/portfolio. A cash equivalent that is a lot more enjoyable than just holding cash itself.
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16 February 2018, 12:33 AM | #60 |
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It is whatever you want it to be.
As far as investments go, it has been a horrible one for me. Literally horrible.
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