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22 October 2017, 06:04 AM | #31 |
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I love all the stainless steel sports models. BUT nothing compares to the almighty SDK4! The 116600 is the perfect size! I adore this watch!
Sent from my iPhone using Tapatalk |
22 October 2017, 07:50 AM | #32 |
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Yep. And Man Financial was convinced the Greek debt would see its value skyrocket after Europe's rescue and took a very large bet. As it turned out, MF went bust.
Now, if what your acquaintance is doing is buying back as many SD4Ks as possible in an attempt to control the supply and push prices up (squueze the market), well good luck with that. |
22 October 2017, 08:00 AM | #33 |
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great pic
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22 October 2017, 02:06 PM | #34 |
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TS, sorry you think that I'm a douche and an "empty barrel" (still don't understand how the congreesswoman conflated that term with the "r" word). At any rate, your attack doesn't strike me as particularly classy or appropriate, but whatever. I would just point out that, out of 33 response posts so far, only 2 or 3 of them are actually relevant to your initial post. Just sayin.....
By the way, I'd be curious to know how much wrist time your WG DD40 gets. That reference remains my grail....such a beautiful watch. I remember being (olive) green with envy when you first acquired it. |
22 October 2017, 02:31 PM | #35 |
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22 October 2017, 02:45 PM | #36 |
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22 October 2017, 06:37 PM | #37 | ||
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Real Name: Scott
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Quote:
Quote:
Curious as I can see the 5 digit ref becoming very collectible which would make sense with a bulk acquisition by a trader Cheers
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
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22 October 2017, 09:04 PM | #38 |
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I'm no financial expert, but I have invested in property and stocks.
If I'd invested the circa £275k it would require to buy 39 SD40's at today's prices in the FTSE100 20 years ago, I'd today be sitting on about £700k, despite the occurrence in that time of the biggest financial crisis in decades affecting an economy my that is hugely biased towards financial services. If instead I'd invested that money in property in my small corner of outer London, I'd have £1million in the bank, plus whatever money I'd made in rental income. Had I had the foresight and opportunity to invest in central London property, you could probably double or even treble that figure. So, genuine question, what Rolex models would you have to have invested in 20 years ago to match or better those returns? Bearing in mind that following the advice of a decent financial adviser would probably net you even better returns that what I've outlined, it strikes me that somebody investing such a huge sum in watches probably has so much money that he can afford to throw a fair chunk of it away. |
22 October 2017, 09:13 PM | #39 |
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Provided u buy the right stock. What happen if u bet on the wrong stock in the share market?
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22 October 2017, 09:15 PM | #40 |
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Talk about property just look at the subprime mess created. Investment in stocks and property are not always rosy, it is about timing and the right stock u bought.
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22 October 2017, 09:46 PM | #41 | |
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You are of course right that timing can make a difference. However an analysis of the FTSE performed by AXA in 2016 showed that a 10-year investment in the index commenced at any point over the previous 20 years had a 95% chance of yielding a profit, with an average return of 70%. The only time you would've lost money would basically have been if you'd sold at the height of the financial crash in 2009, though you'd have made all your money back and then some if you'd held on. Speaking of property, I know nothing of the US market and the country is almost unimaginably vast. However the UK is a tiny, overcrowded island. It's pretty much inevitable that, barring the sort of apocalyptic event that would render money itself worthless, property prices will always increase if you take a long enough view. All that aside, my point stands: whatever risks are inherent in investing in property and stocks, surely they are utterly dwarfed by the risks of investing in watches?! |
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22 October 2017, 09:53 PM | #42 |
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22 October 2017, 09:56 PM | #43 |
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Maybe I'm boring or old fashioned
But I love Rolex for what they are individually The last thing that concerns me is that the models I have go up in value I don't care if my Deepsea Blue is worth 5K or 15K Just love wearing it,,, Also my GMT LN & Sub No date,,,thats very old |
22 October 2017, 10:02 PM | #44 |
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I would assume that the buyer of the 39 watches understands his business much better than I do and is in the move for the long haul. I have read and talked with private collectors who talk about investment watches and I understand the concept but for me it is a bonus to owning the watches you love and wear.
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22 October 2017, 10:05 PM | #45 | |
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Quote:
Yup. If I’m buying for 30 year returns I’m not buying SD4K’s. Sent from my iPhone using Tapatalk
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"Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter |
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22 October 2017, 10:39 PM | #46 | |
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Quote:
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22 October 2017, 10:52 PM | #47 |
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A pic of 39 of them together will cure all doubts...
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22 October 2017, 10:55 PM | #48 |
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reminds me off all the real estate agents who got stuck during the mortgage crisis. never fall in love with inventory.
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24 October 2017, 01:31 AM | #49 |
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He sent 10 to japan last week. 2k profit a piece. Easy peezy $20k.
The world is not a tiny bubble. |
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