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Rockrolex · 23 July 2017, 05:56 AM

Seth, if it were me, I'd go with the YM. The SD does not hold much interest for me. And I've said this before, but it bears repeating here:

If you want to make $1,000,000 buying and selling watches, start with $2,000,000.

brandrea · 23 July 2017, 06:04 AM

In your shoes I'd definately buy the YM. Seems like it's the one you let go, regretted it, and now want it back.

Buy only what you want and and don't think about what if's.

I look forward to your incoming

Canefan1 · 23 July 2017, 06:15 AM

It'll all work out.

travisb · 23 July 2017, 06:26 AM

I'd get the one I prefer most (in your case the YM). Otherwise, second thoughts usually follow after the early excitement of a new watch.

Sent from my iPhone using Tapatalk

superdog · 23 July 2017, 07:11 AM

Great discussion all. Thank you.

Two things...

1. The price is within a few hundred if a well known gray. I do a lot if business with them, and this is clearly not a fast seller. Would always prefer to go AD.

2. While yes, I do obviously still flip, my goal is to stop. I've made significant strides in that regard. I don't enjoy it like I used to. I'd really like to simply just enjoy the collection I have.

So I'll likely move a few going forward. But the goal with all future purchases is for them to be with me for the long haul.

In closing, I'm still going to wait until I can see the SD in person. But I'm looking forward to picking up the YM.

jschmidtdmd · 23 July 2017, 07:12 AM

I don't understand why everyone argues that watches are not investments.

In my opinion watches are absolutely investments.

They might not be the BEST investment, as when one "invests" they are expecting gains or returns, but I think many of us forget that not all investments are profitable.

A watch is a relatively safe place to put money that is not in a liquid account. Therefore, by definition, it is an investment with a relative cash value.

Are you going to increase your net worth buying watches? Almost impossible, but are the "investments" still close to cash paid? Absolutely.

superdog · 23 July 2017, 07:14 AM

Quote:

Originally Posted by jschmidtdmd

I don't understand why everyone argues that watches are not investments.

In my opinion watches are absolutely investments.

They might not be the BEST investment, as when one "invests" they are expecting gains or returns, but I think many of us forget that not all investments are profitable.

A watch is a relatively safe place to put money that is not in a liquid account. Therefore, by definition, it is an investment with a relative cash value.

Are you going to increase your net worth buying watches? Almost impossible, but are the "investments" still close to cash paid? Absolutely.

Not going to argue with that logic. And as you can see from my OP, I agree.

hugs · 23 July 2017, 07:17 AM

I have had my Rolex a year now

With current interest rates the £4000 would now be worth £4000.40

Considering we had a price rise since, and used market the watch is worth what I paid for it..no it's not investment but who wouldn't want to wear a Rolex for free??

And before you argue I could have invested in stocks well yes but if I did that the investment would likely be worth half by now.

Canefan1 · 23 July 2017, 07:17 AM

Seth, forgive me but your current lineup other than the beautiful DJ2 is what?

my bad,DJ 41

rominvicta · 23 July 2017, 07:19 AM

Having in mind level of Rolex prices, one should always have an eye on investment side of that purchase. Unless cost of Rolex is just an expense for you. Expense is everything that is bellow a negligible portion of your annual income. If you may not afford to buy every 2-3 months a Rolex then surely buying one is an investment as well, as it is a pleasure to wear.

hugs · 23 July 2017, 07:20 AM

Quote:

Originally Posted by rominvicta

Having in mind level of Rolex prices, one should always have an eye on investment side of that purchase. Unless cost of Rolex is just an expense for you. Expense is everything that is bellow a negligible portion of your annual income. If you may not afford to buy every 2-3 months a Rolex then surely buying one is an investment as well, as it is a pleasure to wear.

I agree with this

I think the reason the consensus of the forum is that they are not investments is that most members here can (or at least like to give the impression that they can) afford to buy a Rolex every month

For a normal guy resale value is a factor

Watchgeek5000 · 23 July 2017, 07:21 AM

If you buy the one you prefer you may end up keeping it and not have to worry about it appreciating.

dnpina · 23 July 2017, 07:23 AM

Despite your preamble. The answers all always the same. #1 buy what you really want #2 it is in no way an investment.

Watchgeek5000 · 23 July 2017, 07:24 AM

Quote:

Originally Posted by jschmidtdmd

I don't understand why everyone argues that watches are not investments.

In my opinion watches are absolutely investments.

They might not be the BEST investment, as when one "invests" they are expecting gains or returns, but I think many of us forget that not all investments are profitable.

A watch is a relatively safe place to put money that is not in a liquid account. Therefore, by definition, it is an investment with a relative cash value.

Are you going to increase your net worth buying watches? Almost impossible, but are the "investments" still close to cash paid? Absolutely.

Agree with this!

superdog · 23 July 2017, 07:29 AM

Quote:

Originally Posted by Canefan1

Seth, forgive me but your current lineup other than the beautiful DJ2 is what?

my bad,DJ 41

Bout to leave the house for a BBQ my friend. I'll share later. The wife is staring at me.

Canefan1 · 23 July 2017, 07:39 AM

Quote:

Originally Posted by superdog

Bout to leave the house for a BBQ my friend. I'll share later. The wife is staring at me.

Be careful and enjoy.

Rlxlvr1 · 23 July 2017, 07:56 AM

I'll take the SD43 any day

Sent from my iPhone using Tapatalk Pro

AK797 · 23 July 2017, 08:14 AM

Popular Rolexes are definitely a tradeable commodity in the UK, you can even arbitrage them across different countries... and I used to buy watches and come on this forum to take a break from all that.

So I'd go for the watch that you love more, if it's a tie, strong resale is obviously a good tie breaker.

Watches are about emotion. Investments are about the exact opposite.

torifile · 23 July 2017, 08:35 AM

Here's how I look at it.

I'm maxing out my retirement. I'm contributing to my kids' 529 accounts.

I enjoy watches. My kids know I enjoy watches.

I got a good deal on my SubC and Speedy.

I don't trust the stock market right now.

I have the disposable cash.

I wear the watches and enjoy every minute of it. If I do decide to sell them, since I got a good deal on them, I lose a little.

If I don't sell them and pass them on to my kids, even better.

Could I make more money investing in actual stocks? Perhaps. But value, for me, accrues through the memories made wearing the watches.

Buy within your means, buy well and enjoy them.

mattedialdoc · 23 July 2017, 09:24 AM

It's a watch, man. Wear it, enjoy it. It's a watch.

Sent from my iPad using Tapatalk

snyde · 23 July 2017, 09:57 AM

You can hope that it retains its value in future dollars. Definitely wouldn't refer to it as an investment though.

Danny83 · 23 July 2017, 10:27 AM

You need to reunite with the YM man

Canefan1 · 23 July 2017, 10:44 AM

Quote:

Originally Posted by Danny83

You need to reunite with the YM man

That's what I'm thinking. Having owned a 16623 blue dial,it really was something special. What bothered me at the time was the Gold center links were hollow. Other than that,Gorgeous.

superdog · 23 July 2017, 10:44 AM

Quote:

Originally Posted by Danny83

You need to reunite with the YM man

Agree Danny. Agree. It's time.

Canefan1 · 23 July 2017, 10:49 AM

Quote:

Originally Posted by superdog

Agree Danny. Agree. It's time.

Are you replying from the restroom, get back to your wife.

Smarties · 23 July 2017, 11:03 AM

For most of the models, you'll lose/make a little more than even after adjustment for inflation.

Jake B · 23 July 2017, 11:05 AM

Well, when it comes to choosing the watch I always go with my heart. So, I'd wait until I could actually try on that SD to see if it pulls those strings.

As far as the money thing goes, first I look for the best price I get get on the watch I'm hunting ....and then it becomes a question of "What do I want more at this moment, the fiat currency in my pocket, or the watch?". I don't dwell on what'll happen with the value of the watch in the future since I plan on keeping it and my revenue comes from hard work and investment...not hoping on the value of a particular watch that I wear. To be honest, I'd be more concerned with what'll happen with the value of those fiat papers.

So, I'd buy what I prefer. Go with your heart, man.

mailman · 23 July 2017, 11:17 AM

I'd go with whichever one made me happier. That's the true investment here. I'd hold off until you see the Sea Dweller. Make a decision after that. As nice a watch as it is, it's still another black diver watch. I understand your point on no more flipping. It isn't fun for me anymore either. Matter of fact it's been just over a month for me

ap1 · 23 July 2017, 11:32 AM

So here's the deal,

I'd like to say go with your heart and all that nonsense. This is reality and you like to churn n burn. With that in mind - a blue SkyD should hold nice for the near term. When your eyes wonder and want to speed date another, you'll be happy it's more liquid and holds value better. A flippers life, embrace it

173rdabn · 23 July 2017, 11:34 AM

It ain't a Rembrandt! Buy and wear what you like, future value is irrelevant. Maybe your heirs will realize a profit from "grampy's junky old watch".

23 July 2017, 05:56 AM	#31
Rockrolex TRF Moderator & 2024 SubLV41 Patron Join Date: May 2005 Real Name: God Location: Washington, D.C. Watch: What do you think? Posts: 37,969	Seth, if it were me, I'd go with the YM. The SD does not hold much interest for me. And I've said this before, but it bears repeating here: If you want to make $1,000,000 buying and selling watches, start with $2,000,000. __________________ Despite the high cost of living, it's still very popular. *Tosser Cabinet Member* Official Member: 'Perpetual 30' Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018 Official Member "WIS-CON" Las Vegas International GTG 2019

23 July 2017, 06:26 AM	#34
travisb 2024 SubLV41 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 33,493	A Rolex is Not an Investment I'd get the one I prefer most (in your case the YM). Otherwise, second thoughts usually follow after the early excitement of a new watch. Sent from my iPhone using Tapatalk

23 July 2017, 07:11 AM	#35
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,834	Great discussion all. Thank you. Two things... 1. The price is within a few hundred if a well known gray. I do a lot if business with them, and this is clearly not a fast seller. Would always prefer to go AD. 2. While yes, I do obviously still flip, my goal is to stop. I've made significant strides in that regard. I don't enjoy it like I used to. I'd really like to simply just enjoy the collection I have. So I'll likely move a few going forward. But the goal with all future purchases is for them to be with me for the long haul. In closing, I'm still going to wait until I can see the SD in person. But I'm looking forward to picking up the YM. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

23 July 2017, 07:12 AM	#36
jschmidtdmd "TRF" Member Join Date: Jan 2010 Real Name: John Location: Denver Posts: 2,294	I don't understand why everyone argues that watches are not investments. In my opinion watches are absolutely investments. They might not be the BEST investment, as when one "invests" they are expecting gains or returns, but I think many of us forget that not all investments are profitable. A watch is a relatively safe place to put money that is not in a liquid account. Therefore, by definition, it is an investment with a relative cash value. Are you going to increase your net worth buying watches? Almost impossible, but are the "investments" still close to cash paid? Absolutely. __________________ Watches!

23 July 2017, 07:17 AM	#39
Canefan1 Banned Join Date: Apr 2017 Location: Homestead Posts: 1,247	Seth, forgive me but your current lineup other than the beautiful DJ2 is what?my bad,DJ 41

23 July 2017, 06:04 AM	#32
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 78,129	In your shoes I'd definately buy the YM. Seems like it's the one you let go, regretted it, and now want it back. Buy only what you want and and don't think about what if's. I look forward to your incoming

23 July 2017, 06:15 AM	#33
Canefan1 Banned Join Date: Apr 2017 Location: Homestead Posts: 1,247	It'll all work out.

23 July 2017, 07:17 AM	#38
hugs "TRF" Member Join Date: Oct 2014 Location: UK bad teeth etc Watch: Rolex and Tudor Posts: 1,001	I have had my Rolex a year now With current interest rates the £4000 would now be worth £4000.40 Considering we had a price rise since, and used market the watch is worth what I paid for it..no it's not investment but who wouldn't want to wear a Rolex for free?? And before you argue I could have invested in stocks well yes but if I did that the investment would likely be worth half by now.

23 July 2017, 07:19 AM	#40
rominvicta 2024 Pledge Member Join Date: May 2017 Location: EU Watch: DSSD, BLNR, SM, GM Posts: 933	Having in mind level of Rolex prices, one should always have an eye on investment side of that purchase. Unless cost of Rolex is just an expense for you. Expense is everything that is bellow a negligible portion of your annual income. If you may not afford to buy every 2-3 months a Rolex then surely buying one is an investment as well, as it is a pleasure to wear.

23 July 2017, 07:21 AM	#42
Watchgeek5000 "TRF" Member Join Date: Sep 2014 Location: Brooklyn USA Watch: Daytona Posts: 1,622	If you buy the one you prefer you may end up keeping it and not have to worry about it appreciating.

23 July 2017, 07:23 AM	#43
dnpina Banned Join Date: May 2009 Location: texas Watch: 126610 LV Posts: 1,529	Despite your preamble. The answers all always the same. #1 buy what you really want #2 it is in no way an investment.

23 July 2017, 07:56 AM	#47
Rlxlvr1 "TRF" Member Join Date: May 2017 Location: New York Posts: 73	I'll take the SD43 any day Sent from my iPhone using Tapatalk Pro

23 July 2017, 08:14 AM	#48
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Popular Rolexes are definitely a tradeable commodity in the UK, you can even arbitrage them across different countries... and I used to buy watches and come on this forum to take a break from all that. So I'd go for the watch that you love more, if it's a tie, strong resale is obviously a good tie breaker. Watches are about emotion. Investments are about the exact opposite.

23 July 2017, 08:35 AM	#49
torifile "TRF" Member Join Date: Mar 2017 Location: Durham NC Posts: 373	Here's how I look at it. I'm maxing out my retirement. I'm contributing to my kids' 529 accounts. I enjoy watches. My kids know I enjoy watches. I got a good deal on my SubC and Speedy. I don't trust the stock market right now. I have the disposable cash. I wear the watches and enjoy every minute of it. If I do decide to sell them, since I got a good deal on them, I lose a little. If I don't sell them and pass them on to my kids, even better. Could I make more money investing in actual stocks? Perhaps. But value, for me, accrues through the memories made wearing the watches. Buy within your means, buy well and enjoy them.

23 July 2017, 09:24 AM	#50
mattedialdoc "TRF" Member Join Date: Feb 2015 Location: Virginia Posts: 1,002	It's a watch, man. Wear it, enjoy it. It's a watch. Sent from my iPad using Tapatalk

23 July 2017, 09:57 AM	#51
snyde "TRF" Member Join Date: Jan 2016 Location: Austin Posts: 563	You can hope that it retains its value in future dollars. Definitely wouldn't refer to it as an investment though.

23 July 2017, 10:27 AM	#52
Danny83 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2013 Real Name: Danny Location: Bay Area CA Watch: Yellow Gold Posts: 20,314	You need to reunite with the YM man

23 July 2017, 11:03 AM	#56
Smarties "TRF" Member Join Date: May 2016 Location: Asia Posts: 714	For most of the models, you'll lose/make a little more than even after adjustment for inflation.

23 July 2017, 11:05 AM	#57
Jake B "TRF" Member Join Date: Apr 2011 Location: Hong Kong Watch: Gold Sub 116618LN Posts: 2,820	Well, when it comes to choosing the watch I always go with my heart. So, I'd wait until I could actually try on that SD to see if it pulls those strings. As far as the money thing goes, first I look for the best price I get get on the watch I'm hunting ....and then it becomes a question of "What do I want more at this moment, the fiat currency in my pocket, or the watch?". I don't dwell on what'll happen with the value of the watch in the future since I plan on keeping it and my revenue comes from hard work and investment...not hoping on the value of a particular watch that I wear. To be honest, I'd be more concerned with what'll happen with the value of those fiat papers. So, I'd buy what I prefer. Go with your heart, man. __________________ Things are more like they are now than they ever were before.

23 July 2017, 11:17 AM	#58
mailman TRF Moderator & SubLV41 2024 Patron Join Date: Oct 2005 Location: . Watch: 126610LN Posts: 35,510	I'd go with whichever one made me happier. That's the true investment here. I'd hold off until you see the Sea Dweller. Make a decision after that. As nice a watch as it is, it's still another black diver watch. I understand your point on no more flipping. It isn't fun for me anymore either. Matter of fact it's been just over a month for me __________________ JJ

23 July 2017, 11:32 AM	#59
ap1 2024 SubLV41 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,537	So here's the deal, I'd like to say go with your heart and all that nonsense. This is reality and you like to churn n burn. With that in mind - a blue SkyD should hold nice for the near term. When your eyes wonder and want to speed date another, you'll be happy it's more liquid and holds value better. A flippers life, embrace it

23 July 2017, 11:34 AM	#60
173rdabn 2024 SubLV41 Pledge Member Join Date: Jan 2013 Real Name: George Location: Cape Cod Watch: 216570 Explorer II Posts: 2,423	It ain't a Rembrandt! Buy and wear what you like, future value is irrelevant. Maybe your heirs will realize a profit from "grampy's junky old watch".

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