Just got "the" text...

[brandrea]

Sensible decision

[htrap2294]

Jeez, people are rude. All these threads help gain some insight on how the current trends are going. There's always something to be learned in a positive light.

[walds11]

I’m surprised this thread is not locked yet

[BillA]

Originally Posted by Handey0465

These posts are nothing more than wanting a pat on the back for not being a flipper.....

Even if the OP is a flipper, your comment is inconsiderate.
He sounds like he is not a flipper and wanted the watch.
A good decision given the financial condition of this country and his family values.

[djyolky]

Originally Posted by Handey0465

These posts are nothing more than wanting a pat on the back for not being a flipper.....

Seriously haha. It's cute, until you realize these are grown men.

https://youtu.be/7nqcgUDoV_M

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[garyk]

Originally Posted by Handey0465

These posts are nothing more than wanting a pat on the back for not being a flipper.....

I used to love that show flipper...

[Handey0465]

Originally Posted by BillA

Even if the OP is a flipper, your comment is inconsiderate.
He sounds like he is not a flipper and wanted the watch.
A good decision given the financial condition of this country and his family values.

The OP says:

“ With the uncertainty of the times it just didn't feel like the right time to spend the coin on a new watch, especially with my family as a top priority. Could I afford it, yes, but I feel having the money sitting in reserve is a much more responsible decision at this time”

1. Family as a top priority.
2. Could I afford, yes
3. Not buying is a much more responsible decision

Sounds like tooting his own horn

If he’s concerned with finances, then buy the watch that has a $4k-$6k upside immediately.

[DG123]

Maybe the OP is helping TRF members, as well as his AD, by posting that a brand new Pepsi GMT is sitting at the AD waiting for a buyer ?

[Giangos]

Good man, you did the right thing for your circumstance.


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[djyolky]

Originally Posted by Handey0465

The OP says:

“ With the uncertainty of the times it just didn't feel like the right time to spend the coin on a new watch, especially with my family as a top priority. Could I afford it, yes, but I feel having the money sitting in reserve is a much more responsible decision at this time”

1. Family as a top priority.
2. Could I afford, yes
3. Not buying is a much more responsible decision

Sounds like tooting his own horn

If he’s concerned with finances, then buy the watch that has a $4k-$6k upside immediately.

Exactamundo my friend!

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[Ny325]

Smart decision OP.

[ndrs63]

Originally Posted by Sandpit

It’s quite evident to me now that there’s clearly tons of stock and that supply was indeed manipulated to create this illusion of rarity. Especially since the factory has been closed and there’s as many incomings now as there’s ever been.

Where is the stock? I’ve been on list and nothing moves at my AD, yet I keep seeing these posts


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[sgwatchguy]

Good call OP, and Thanks for sharing.

[timemaestro]

Great decision.

[h20addict]

IMO, Liquid assets make a lot more sense than fixed assets considering the current market. Not all agree, and I could care less.

[bwdellorf76]

Good move OP. You have to be in a really good place mentally and financially right now to buy. With spending so much time at home, I am using resources on fixing up things. Makes the wife happy and will translate in the long run! You will be able to snag one when you are ready.

[ACZman15]

Wise move. Family first!

[rusty-schackelford]

You made the right call, I expect you will get a better deal down the road anyway.

[m3tek44]

Family/Health comes first. Watch can be replaced.

[brucethemanlee]

Originally Posted by Handey0465

These posts are nothing more than wanting a pat on the back for not being a flipper.....

wow! you must be fun at parties....

maybe you just wished you were lucky enough to get a call for a BLRO

[LawyerFlyfisher]

Originally Posted by h20addict

IMO, Liquid assets make a lot more sense than fixed assets considering the current market. Not all agree, and I could care less.

Tough call but you’ll know when the time is right.

[Pongster]

Right decision. No regrets.

[GradyPhilpott]

Originally Posted by 42itus

You made a sensible choice. It’s just a watch. There are so many better joys in life.

Although to a WIS a Rolex is more than just a watch, ultimately, it's still just a watch.

It's quantum WISness.

It's Schrödinger's watch.

Good choice, OP!

[Gee2789]

To everyone saying “this guy can just flip for an easy profit” seems to have forgotten this is coming from an AD that is the family of a close friend.

Say what you will about making a profit, but some relationships are worth more than just a couple grand of potential gain. Also that thing about impending economic collapse yadda yadda.

[interestedwatcher]

Originally Posted by Robf52

Have to disagree. The OP sounds sincere and I will take him at his word that he turned it down out of caution and respect for his family. It doesn't remotely sound like he even considered flipping, and I don't think it's right to paint someone on this forum negatively with dumb conjecture.

I think the dumb conjecture is a big part of some posters repertoire. Then again this is the internet, and nothing should be taken seriously.

[enjoythemusic]

Wise move OP, family first. Believe me, they'll keep making the watch for many years to come so no need to rush into things. Stay safe and healthy.

[MR. STEEL]

Originally Posted by ronmexico

i’ll probably be skewered for this, but here’s how i would have approached this differently.

If this was a model that i had been waiting on for a long time and as op stated could afford it, i’d buy it and put it in a safe. If everything settles out well in a couple of months and i can feel secure about my situation, the watch comes out of the safe and goes on my wrist. It would almost be like buying it twice! If things get tight and it’s not looking like this situation is going to improve, i’d sell the watch for my cost and pass it along to somebody else.

Does it add a little bit of risk? Sure. But it seems unlikely that you wouldn’t be able to get msrp for this model in a matter of days.

💯💯💯

[1William]

This goes against all of the back patting and support in this thread. I think if the OP was really putting his family first he would have taken the watch and sold it to a Grey Dealer for a 5-6K profit. But we have a tendency here to get on people for selling their own property, flipping, and laying the shortage on individuals and the Grey Market. If a Dealer acts in his own interest we call it doing business, if a private individual does it then they are all kinds of bad things. If the OP could truly afford the watch then it would not make a difference in his financial situation in that you would have traded cash for another asset, that is worth more than the cash paid, that is almost as liquid. We each do as we choose and I am sure another customer appreciates being able to buy the watch and make a tidy profit should they want to sell. A different view point.

[h20addict]

Originally Posted by Gee2789

To everyone saying “this guy can just flip for an easy profit” seems to have forgotten this is coming from an AD that is the family of a close friend.

Say what you will about making a profit, but some relationships are worth more than just a couple grand of potential gain. Also that thing about impending economic collapse yadda yadda.

Thank you! I didn't think I would have to spell it out but this was exactly my initial thought. If it were some big town franchise AD who I had no relationship with besides business, it probably would have swayed my decision towards buying then immediately call David or someone similar to make a quick buck.

The whole reason for the original post was to vent my frustration with some like minded individuals who would understand the situation, and some not, understandable.

Long weekend ahead to all

[Handey0465]

Originally Posted by 1William

This goes against all of the back patting and support in this thread. I think if the OP was really putting his family first he would have taken the watch and sold it to a Grey Dealer for a 5-6K profit. But we have a tendency here to get on people for selling their own property, flipping, and laying the shortage on individuals and the Grey Market. If a Dealer acts in his own interest we call it doing business, if a private individual does it then they are all kinds of bad things. If the OP could truly afford the watch then it would not make a difference in his financial situation in that you would have traded cash for another asset, that is worth more than the cash paid, that is almost as liquid. We each do as we choose and I am sure another customer appreciates being able to buy the watch and make a tidy profit should they want to sell. A different view point.

Bingo.

I’m sick of the:

“During these uncertain times, I’m not willing to make $5k easily”

I call BS