The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Classifieds > WatchOut!!!
Reload this Page Time to Invest?
Register FAQ Calendar Mark Forums Read

Reply
Page 1 of 2 1 2
 
Thread Tools Display Modes
Old 13 August 2022, 03:23 PM   #1
trout_thumper21
"TRF" Member
 
Join Date: Nov 2020
Location: Under a Rock
Posts: 301
Time to Invest?
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?
trout_thumper21 is offline   Reply With Quote
Old 13 August 2022, 03:28 PM   #2
Andad
2024 SubLV41 Pledge Member
 
Andad's Avatar
 
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 37,533
Not quite yet.
__________________
E
Andad is offline   Reply With Quote
Old 13 August 2022, 03:31 PM   #3
TheHulk
2024 Pledge Member
 
TheHulk's Avatar
 
Join Date: Oct 2020
Location: Texas
Watch: Tonas
Posts: 1,070
Oh for sure!!! Buy every single model u see in the ADs case!! And more bitcoin too
TheHulk is offline   Reply With Quote
Old 13 August 2022, 03:35 PM   #4
Moondoggy
"TRF" Member
 
Join Date: Jan 2015
Real Name: Knackers
Location: NI/Aust/USA
Watch: and wait
Posts: 3,299
DM Padi, he's your guy.
Moondoggy is offline   Reply With Quote
Old 13 August 2022, 03:40 PM   #5
GotRolex
"TRF" Member
 
Join Date: Jul 2022
Location: CA
Posts: 189
Buy the dips sell the rip


Sent from my iPhone using Tapatalk
GotRolex is offline   Reply With Quote
Old 13 August 2022, 03:42 PM   #6
MP777
"TRF" Member
 
MP777's Avatar
 
Join Date: Oct 2021
Location: US
Posts: 311
When did watches become investments?
MP777 is offline   Reply With Quote
Old 13 August 2022, 03:53 PM   #7
Al1969
2024 Pledge Member
 
Al1969's Avatar
 
Join Date: May 2008
Location: New Jersey
Posts: 6,640
Patience.
__________________
WG SUB-116719
 GMT MASTER II 126719
Al1969 is offline   Reply With Quote
Old 13 August 2022, 04:15 PM   #8
Rolexken
"TRF" Member
 
Join Date: Apr 2019
Location: England
Posts: 821
Prices still falling on the grey market.
Rolexken is offline   Reply With Quote
Old 13 August 2022, 04:45 PM   #9
Mastergreenhand
"TRF" Member
 
Mastergreenhand's Avatar
 
Join Date: Jun 2012
Real Name: Tony
Location: Chi-town
Watch: Starbucks, Panerai
Posts: 1,188
Uh oh
__________________
Starbucks, Speedmaster Professional, PAM 212
Mastergreenhand is offline   Reply With Quote
Old 13 August 2022, 05:05 PM   #10
2loaded
"TRF" Member
 
2loaded's Avatar
 
Join Date: Jun 2016
Location: USA
Watch: es watches
Posts: 2,107
Ban please.
2loaded is offline   Reply With Quote
Old 13 August 2022, 05:13 PM   #11
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,063
Quote:
Originally Posted by MP777 View Post
When did watches become investments?
Since they were thought of as nothing more than ££$$€€ objects and nothing more.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is online now   Reply With Quote
Old 13 August 2022, 05:27 PM   #12
espanol
2024 Pledge Member
 
espanol's Avatar
 
Join Date: Nov 2020
Real Name: Mitchell
Location: EST, EAT
Watch: Trusty Explorer
Posts: 1,084
“Invest” lol
espanol is offline   Reply With Quote
Old 13 August 2022, 05:51 PM   #13
Number3
"TRF" Member
 
Number3's Avatar
 
Join Date: Apr 2012
Location: London
Watch: 114060LB
Posts: 3,986
Quote:
Originally Posted by Moondoggy View Post
DM Padi, he's your guy.
Number3 is offline   Reply With Quote
Old 13 August 2022, 08:19 PM   #14
VogelPhoenix
"TRF" Member
 
VogelPhoenix's Avatar
 
Join Date: Jun 2020
Location: Taiwan
Posts: 3,866
Quote:
Originally Posted by trout_thumper21 View Post
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?
Asking prices are not even back to where they were a year ago - I have no idea which direction things go from here, but so far the the bottom hasn't fallen out.
VogelPhoenix is offline   Reply With Quote
Old 13 August 2022, 08:28 PM   #15
Agamemnon
"TRF" Member
 
Agamemnon's Avatar
 
Join Date: Jun 2022
Real Name: Giuliano
Location: Italy
Watch: Rolex - Panerai
Posts: 1,979
I don't like to think of my passion for watches as an investment.
For me, watches are used, admired, marked happy hours, but they are not investments.
I never thought about selling one of my watches.
Agamemnon is offline   Reply With Quote
Old 13 August 2022, 08:29 PM   #16
airchitect
"TRF" Member
 
Join Date: Mar 2012
Location: KY
Watch: A few.....
Posts: 3,796
A little ways to go most likely…..unless…..we are somehow able to skip a full scale recession…. Then it might be right back to the moon


Sent from my iPhone using Tapatalk
airchitect is offline   Reply With Quote
Old 13 August 2022, 08:37 PM   #17
mountainjogger
2024 Pledge Member
 
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
Yes. Sell everything you own and liquidate your 401k. And borrow as much as you can at high interest rates.

Then buy every Rolex you can find. But don't wear any of them. Don't even take pictures as the flash may harm the patina.

Put your "investments" in a lockbox. Then monitor youtube and instagram for the best time to sell.
__________________
The King of Cool.
mountainjogger is offline   Reply With Quote
Old 13 August 2022, 09:00 PM   #18
Thomas Brown
Banned
 
Join Date: Feb 2017
Location: USA
Watch: Daytona-Hulk-Sub
Posts: 105
Not yet
Thomas Brown is offline   Reply With Quote
Old 13 August 2022, 09:13 PM   #19
DoDe
"TRF" Member
 
Join Date: Nov 2011
Location: Norway
Posts: 629
Reading your post OP I think that this forum might not be the right one for you and that investing, in anything, might not be the the right ting for you either.
DoDe is offline   Reply With Quote
Old 13 August 2022, 09:36 PM   #20
GB-man
2024 SubLV41 Pledge Member
 
GB-man's Avatar
 
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,355
Quote:
Originally Posted by mountainjogger View Post
Yes. Sell everything you own and liquidate your 401k. And borrow as much as you can at high interest rates.

Then buy every Rolex you can find. But don't wear any of them. Don't even take pictures as the flash may harm the patina.

Put your "investments" in a lockbox. Then monitor youtube and instagram for the best time to sell.

The funny thing is the last 10 years this would have proved extremely viable lol
__________________
GB-man is offline   Reply With Quote
Old 13 August 2022, 10:01 PM   #21
mountainjogger
2024 Pledge Member
 
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
Quote:
Originally Posted by GB-man View Post
The funny thing is the last 10 years this would have proved extremely viable lol
Agreed. But hindsight is everything. And so are the caveats.
  • If, you purchased at the right time.
  • If, the tax bite on liquidating your 401k or other "investments" did not hammer you.
  • If, the assets you sold did not appreciate at a better return.
  • If, you timed your sale at the right time.
  • And if you had an established reputation with which to garner the high prices secondary markets were selling at.
"Were" being the operative word. Because, while a lot of watches are listed, sales, even by established secondary sellers are lagging. Stock is sitting. Personally, I think the secondary market has been saturated. And it is like buyers got a cup of coffee and woke up. Appetite to purchase above MSRP, even at some what reduced prices from where they were earlier this year, is anemic to put it mildly.

Will prices go back up. Usually do. But are we there yet? No one on this forum or YouTube knows. But everyone is willing to offer an opinion. My personal opinion is that for the majority of us, watches as "investments" is a silly concept.
__________________
The King of Cool.
mountainjogger is offline   Reply With Quote
Old 13 August 2022, 10:09 PM   #22
messikens
"TRF" Member
 
Join Date: Sep 2021
Location: SFO
Posts: 1,252
Quote:
Originally Posted by Moondoggy View Post
DM Padi, he's your guy.

LOL - that took about 4h for padi to respond. Next we should ask him whether watches are to be worn or coddled in a safe....
messikens is offline   Reply With Quote
Old 13 August 2022, 10:10 PM   #23
Chris
"TRF" Member
 
Join Date: Feb 2021
Location: UK
Posts: 593
Quote:
Originally Posted by trout_thumper21 View Post
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?
This article may help you decide.

https://www.fratellowatches.com/watc...ting-in-value/

Sent from my SM-G973F using Tapatalk
Chris is offline   Reply With Quote
Old 13 August 2022, 10:31 PM   #24
Vince_76
"TRF" Member
 
Vince_76's Avatar
 
Join Date: Apr 2020
Location: Orange County
Posts: 1,911
Quote:
Originally Posted by Chris View Post
This article may help you decide.

https://www.fratellowatches.com/watc...ting-in-value/

Sent from my SM-G973F using Tapatalk
Garbage article. No data provided, these guys have a vested interest, etc…
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1
Vince_76 is offline   Reply With Quote
Old 13 August 2022, 10:38 PM   #25
Kevin of Larchmont
2024 Pledge Member
 
Kevin of Larchmont's Avatar
 
Join Date: Jul 2016
Location: The Ice House
Watch: Ingersoll Mickey
Posts: 3,398
When you see posts asking if it’s time to invest then you know it’s too late.
Kevin of Larchmont is offline   Reply With Quote
Old 14 August 2022, 02:22 AM   #26
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Quote:
Originally Posted by trout_thumper21 View Post
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?
What are your goals?
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is online now   Reply With Quote
Old 14 August 2022, 02:23 AM   #27
mountainjogger
2024 Pledge Member
 
Join Date: Aug 2010
Real Name: H
Location: North Carolina
Watch: M99230B-0008
Posts: 5,675
Quote:
Originally Posted by Kevin of Larchmont View Post
When you see posts asking if it’s time to invest then you know it’s too late.
Or too soon.
__________________
The King of Cool.
mountainjogger is offline   Reply With Quote
Old 14 August 2022, 02:35 AM   #28
-RolexMan-
"TRF" Member
 
Join Date: Apr 2012
Real Name: Johnny
Location: EastCoast
Watch: GMT 2C
Posts: 136
Quote:
Originally Posted by trout_thumper21 View Post
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?


I would give it another year.
-RolexMan- is offline   Reply With Quote
Old 14 August 2022, 02:43 AM   #29
shaunylw
"TRF" Member
 
shaunylw's Avatar
 
Join Date: Jun 2013
Location: Here
Posts: 4,657
Quote:
Originally Posted by trout_thumper21 View Post
Is now a good time to stock up on watches or has the bottom not quite fallen out yet?

What watches would you consider as investments?


Sent from my iPhone using Tapatalk
shaunylw is offline   Reply With Quote
Old 14 August 2022, 03:08 AM   #30
Mifune
Banned
 
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
BLRO below 20k now... we're almost there.
Mifune is offline   Reply With Quote
Reply
Page 1 of 2 1 2

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches


*Banners Of The Month*
 This space is provided to horological resources.



Contact Us - The Rolex Forums - Archive - Top


Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.