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CKay · 7 October 2008, 01:11 AM

Mine is too insignificant an investment to be counted as part of my net worth. Wait till I buy a couple more and things may change.

Tools · 7 October 2008, 01:38 AM

In my daydreams....perhaps...

But never out loud......

goss810 · 7 October 2008, 03:18 AM

I never value cause I will never sell my ROLEX, if I would sell I wouldnt buy.

CShum1221 · 7 October 2008, 04:58 AM

No.

f16570 · 7 October 2008, 05:27 AM

Net worth. Not at all.
Bought because I could afford them, their value is immaterial.

seantk · 7 October 2008, 05:50 AM

No...

But I may start - so I can make myself feel better after the blood bath in the stock market these past few weeks

Sean

Brunotheboxer · 7 October 2008, 06:02 AM

i dont, but you can.

BigHat · 7 October 2008, 06:15 AM

Well, to answer the second part of your question -- I'd price them at the TZ or eBay asking prices for used watches minus 15%.
This way you aren't generating a false "wealth effect."

Jocke · 7 October 2008, 06:25 AM

The day I have more money in my wallet than in watches I will buy a few more.

Jocke

SLS · 7 October 2008, 09:02 AM

No.
~Scott

WBrown999 · 8 February 2019, 12:30 AM

(Sorry to necro thread — rules post didn’t ban it and I don’t want to make a duplicate thread)

My rule of thumb is if it is insured, then it is counted as an asset in my net worth calculation. Same with my vehicle (albeit a depreciating asset), my home, and my firearms.

If it is valuable enough to insure against loss, then it is valuable enough to count toward net worth.

padi56 · 8 February 2019, 12:35 AM

Quote:

Originally Posted by WBrown999

(Sorry to necro thread — rules post didn’t ban it and I don’t want to make a duplicate thread)

My rule of thumb is if it is insured, then it is counted as an asset in my net worth calculation. Same with my vehicle (albeit a depreciating asset), my home, and my firearms.

If it is valuable enough to insure against loss, then it is valuable enough to count toward net worth.

Just whats the point in bringing up a thread which is 11 years old start a new one if you must.

7 October 2008, 01:11 AM	#31
CKay "TRF" Member Join Date: Jul 2008 Location: Singapore Posts: 467	Mine is too insignificant an investment to be counted as part of my net worth. Wait till I buy a couple more and things may change. __________________ BLACK IS THICKER THAN BLOOD

7 October 2008, 01:38 AM	#32
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,514	In my daydreams....perhaps... But never out loud...... __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

7 October 2008, 04:58 AM	#34
CShum1221 "TRF" Member Join Date: May 2007 Location: Texas Posts: 89	No. __________________ C. - Rolex Addict _________________________________________________ 118238,116523,116233,116203,116234,116264,16610LV, 16570,16710,78274,116200,16220, Calatrava 5119J, 5711A

7 October 2008, 05:27 AM	#35
f16570 "TRF" Member Join Date: Jan 2007 Real Name: F Location: Scotland Watch: Exp II White Face Posts: 4,272	Net worth. Not at all. Bought because I could afford them, their value is immaterial. __________________ Why have what's new when you have what's best. f

7 October 2008, 05:50 AM	#36
seantk "TRF" Member Join Date: Dec 2007 Real Name: Sean Location: West Florida Posts: 2,671	No... But I may start - so I can make myself feel better after the blood bath in the stock market these past few weeks Sean __________________ "Life is frittered away with detail... simplify, simplify!" Henry D. Thoreau

7 October 2008, 03:18 AM	#33
goss810 Banned Join Date: Aug 2008 Location: Sydney Australia Watch: Rolex Posts: 53	I never value cause I will never sell my ROLEX, if I would sell I wouldnt buy.

7 October 2008, 06:02 AM	#37
Brunotheboxer Banned Join Date: Mar 2008 Real Name: Bruno Location: Boston/Cape Cod Watch: 16610,PAM. 111, G Posts: 7,608	i dont, but you can.

7 October 2008, 06:15 AM	#38
BigHat Banned Join Date: Sep 2007 Real Name: Matt Location: Arlington, VA Watch: Lange One MP Posts: 4,043	Well, to answer the second part of your question -- I'd price them at the TZ or eBay asking prices for used watches minus 15%. This way you aren't generating a false "wealth effect."

7 October 2008, 06:25 AM	#39
Jocke 2024 SubLV41 Pledge Member Join Date: Apr 2006 Real Name: Jocke Location: Sweden Watch: A dozen of Rolex's Posts: 22,541	The day I have more money in my wallet than in watches I will buy a few more. Jocke __________________ This message is written in perfect swenglish. What is best a custom Rolex or a Rolex that is stuck in custom? Buy a professional camera and you´re a professional photographer, buy a flute and you own a flute.

7 October 2008, 09:02 AM	#40
SLS "TRF" Member Join Date: Aug 2006 Real Name: Scott Location: GMT -7 Watch: GMT's & Sub's Posts: 10,401	No. ~Scott

8 February 2019, 12:30 AM	#41
WBrown999 "TRF" Member Join Date: Jan 2019 Location: Houston, TX Watch: Sub Date 116610 Posts: 23	(Sorry to necro thread — rules post didn’t ban it and I don’t want to make a duplicate thread) My rule of thumb is if it is insured, then it is counted as an asset in my net worth calculation. Same with my vehicle (albeit a depreciating asset), my home, and my firearms. If it is valuable enough to insure against loss, then it is valuable enough to count toward net worth.

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