Investment in Rolex Outperformed Gold, Real Estate, and the DOW

[TomLou]

Originally Posted by 1665fan

Coming from bobs watches………..the place that steals all the extra links lol…..pass

……I think it is an industry wide practice by non officially authorized dealers

[10klakes]

Originally Posted by 1665fan

Coming from bobs watches………..the place that steals all the extra links lol…..pass

That’s terrible.

[jakemiller69]

Hold and we all win! just like my Bitcorn

[TswaneNguni]

Originally Posted by 1665fan

Coming from bobs watches………..the place that steals all the extra links lol…..pass

Buying used or grey ..always count the links !!!

Only 100% secure buying of all links is new at the AD !!

[NoVaSubowner]

Originally Posted by TexEd

Just came across this interesting article in Business Insider titled "Long-term investments in Rolex watches have outperformed gold and real estate — and even the Dow Jones Industrial Average — over the past 10 years"

Back in 2011, if you were given the choice of a 50-gram bar of gold, a $5,000
index fund invested in the Dow Jones Industrial Average, or a Rolex Submariner, which would you pick to be the best investment?

If you chose the Submariner, you'd have come out ahead, according to new data from Bob's Watches, the leading reseller of Rolex watches.

The link to the article: https://www.businessinsider.com/inve...average-2022-2

Sure. The African country looking for bond funding for bridge construction is promising excellent returns as well.


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[Sandpit]

If reinvested dividends are included the Dow returned 240% over that period.

Obviously that doesn't suit the narrative of Bob's watches though so they left it out.

[Tricolore66]

I’m guessing this is based against MSRP, since I haven’t read it? If you factor in all the watches sold at market price I’d like to see this in five years.

[Apheaven]

Originally Posted by 1665fan

Coming from bobs watches………..the place that steals all the extra links lol…..pass

Clowns who pull these ghetto business tactics never understand this will cost them so much more once people start talking about it…then the natural next question “I wonder what other shady business practices they engage in?” It’s a slippery slope.

I digress…


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[Saints1]

Originally Posted by greywolf617

x3

x4.

[dtwer]

Originally Posted by subprimero

I don't plan on selling any of my watches, but I'm curious. Have any of the non-dealer people talking about these watches as investments been able to realize full market price when selling their watches or is this all just theoretical. Selling to a dealer would, I believe, result in the investment having a very different yield. Are you as a seller willing to put up the risks both physical and financial in selling privately? If you are willing to take the risks, isn't your lack of a reputation as a seller an impediment to achieving full market price?

This, is an expertly insight. All the investment value talks sound fancy but lack logistic reality for most private watch owners. For most, Rolex is simply not as liquid as gold or stocks. Unless one is willing to sell to the dealer at a trade-in price, one is not going to unload the watch easily at the full price.

[VogelPhoenix]

Originally Posted by Sandpit

If reinvested dividends are included the Dow returned 240% over that period.

Obviously that doesn't suit the narrative of Bob's watches though so they left it out.

Thank you. No dividends, no mention of the huge spread between grey dealer buy and sell prices, and obviously the watches didn't need service and insurance either

[Droolex]

I hate these types of articles if only because it makes my relatives come out of the woodwork and I get messages like, "Do you think your salesperson can get me a Daytona?" Which makes me roll my eyes so hard I almost pass out.

[TexEd]

Originally Posted by Droolex

I hate these types of articles if only because it makes my relatives come out of the woodwork and I get messages like, "Do you think your salesperson can get me a Daytona?" Which makes me roll my eyes so hard I almost pass out.

[worldfamoussam]

I try to lurk here rather than get into the fray but I'm a little perplexed by this all. There are models that have sold over MSRP for a long time (Daytona) that based on the demand may hold at prices above MSRP overall. I can't imagine they'll continue to go in the 40s or ... 50s forever. But watches that were historically easier to get like a steel Yachtmaster - well, they're going to make more of them, for the most part. I think if you buy the watch because you want it and it goes up in value, it doubled as a good investment. But if you buy it as an investment solely, well ... I can't imagine this track holds forever.

[cryptowalkway]

Everything outperforms gold. Peter schiff crying like a baby

[EEpro]

Originally Posted by cryptowalkway

Everything outperforms gold. Peter schiff crying like a baby

Me too

[Chester01]

Well, one can by stocks and gold, not so easy finding a sub these days. But i am happy to use this as an excuse when I tell my wife why I'm buying yet another watch.