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jakologo · 7 March 2013, 12:53 AM

For the last 3 years I have been trying to build a collection of watches I liked. I knew I had sold a few as I continued to refine my collection guided by the knowledge I acquired on this great forum. I have mostly Rolex pieces which I traded up to precious metal versions. I have also purchased a few AP's and even a Patek recently.
But last night while meandering throughout the website I decided to look up my past posts. I counted over 60 feedbacks to Oscar Bodybump and a few to other trusted sellers. Since I only give feedbacks when I spend money, could this even be possible? Moreover my first post is a thank you for my 6th purchase. Sickness, madness, obsession or just ...hobby?
This has been a wake up call for me. I am now fully aware of what I have done and will take appropriate action.
That being said, I can't wait for Oscar to show up with the new AP RGRC that I traded my wg Daytona for!

nauticajoe · 7 March 2013, 12:55 AM

It's a sickness alright! Congrats in advance!

You may want to lose Oscar's cel # going forward.

Speed · 7 March 2013, 01:05 AM

Whoa.

blackout · 7 March 2013, 01:08 AM

I am part of the "FA" (Flippers Anonymous)!

Miamipawnsab · 7 March 2013, 01:12 AM

I think I'm becoming a flipper . After I buy a watch I looking to buy a new one and seeing how I'm going to get rid of the last one

Casey VP-26 · 7 March 2013, 01:33 AM

Whoa is correct. I would like to be a fly on your wall. Don't stop now. Regards, Casey

versatile1 · 7 March 2013, 01:35 AM

Quote:

Originally Posted by miamipawnsab

i think i'm becoming a flipper . After i buy a watch i looking to buy a new one and seeing how i'm going to get rid of the last one

x2

Mystro · 7 March 2013, 01:38 AM

Its a sickness like gambling. As long as you can afford it, then its not a problem. There is something to be said or owning a wach forever and making memories with it on.

yessir69 · 7 March 2013, 01:48 AM

Welcome to hell!!!

Ray T · 7 March 2013, 02:04 AM

wow chronic flipping, i have problems with chronic buying hah, haven't been able to let any pieces i buy go yet.

jakologo · 7 March 2013, 02:12 AM

I agree it is serious but thanks to the forum and advice from trusted sellers I can say I've never lost more than 5% and have had some gains. I guess I view it as an almost liquid retirement fund savings account since I've never had a problem selling anything. Although it doesn't bear interest it provides happiness and that's important to me.
I guess I'm pretty eccentric. I"m single , drive a 1968 Chevy and have modest living expenses. I appreciate the concern from fellow forum members but it is not a "whoa"situation. There is a method to my madness. I guess I was just shocked when I counted the feedbacks.

kilyung · 7 March 2013, 02:20 AM

I'd be just like you if I let myself. Instead, I'm pretty deliberate in my watch dealings so have been able to keep the flipping to a minimum. That's not to say that I'm not sorely tempted every time I checkout the FS section!

Speed · 7 March 2013, 02:32 AM

Quote:

Originally Posted by jakologo

I agree it is serious but thanks to the forum and advice from trusted sellers I can say I've never lost more than 5% and have had some gains. I guess I view it as an almost liquid retirement fund savings account since I've never had a problem selling anything. Although it doesn't bear interest it provides happiness and that's important to me.
I guess I'm pretty eccentric. I"m single , drive a 1968 Chevy and have modest living expenses. I appreciate the concern from fellow forum members but it is not a "whoa"situation. There is a method to my madness. I guess I was just shocked when I counted the feedbacks.

Sorry. Didn't mean anything by my "Whoa" comment other than 60 seemed like a high number to me. I imagine it surprised you as well.

You seem to be enjoying yourself. Please carry on! Flip in the best of health :-)

jakologo · 7 March 2013, 02:33 AM

The wg Daytona was the last of my "flippable" pieces. I know talk is cheap but I am very determined to keep what I have worked so hard to acquire. This matter reinforced what I already knew and I will be very selective in the future.
And although I saw a post by a member that was looking for urgent help on whether he should "flip" his Rolex precious metal trifecta, I realize saying and doing are entirely different things. I respect his opinion and advice very much.

jakologo · 7 March 2013, 02:35 AM

Nothing to apologize for. In fact, I'm grateful to be surrounded by such a close knit worldwide group.

dddrees · 7 March 2013, 02:37 AM

Have fun, just do your best to save enough money so at the end of the day you won't have to eat ramen for the rest of your life.

jakologo · 7 March 2013, 02:40 AM

I'll tell you how eccentric. I only buy Ramen in bulk at Costco or when it is buy one, get one free at the local food store!

dddrees · 7 March 2013, 02:44 AM

Quote:

Originally Posted by jakologo

I'll tell you how eccentric. I only buy Ramen in bulk at Costco or when it is buy one, get one free at the local food store!

At least your dressed to the nines.

cop414 · 7 March 2013, 02:46 AM

Quote:

Originally Posted by Mystro

Its a sickness like gambling. As long as you can afford it, then its not a problem. There is something to be said or owning a wach forever and making memories with it on.

Well said... and at the same time easier said than done!!

Cru Jones · 7 March 2013, 02:51 AM

Quote:

Originally Posted by jakologo

That being said, I can't wait for Oscar to show up with the new AP RGRC that I traded my wg Daytona for!

beautiful watch!! HUGE CONGRATS.

and, when you're tired of it, you'll be able to flip it for another incredible piece.

Casey VP-26 · 7 March 2013, 02:56 AM

OK No Whoa, How about WOW!!! I'm happy for ya, Keep going, I would still like to be a fly on your wall. Sounds like your having a ball.

steveclocks · 7 March 2013, 03:38 AM

It's called ADDICTION

superdog · 7 March 2013, 03:48 AM

I would be afraid to do a tally. I like you tho, am done.

I like what I have, and won't be flipping any of them.

And waiting for Basel to see if I get anymore.

donas · 7 March 2013, 04:12 AM

60+ in three years...roughly 2 a month for 3 years straight...whoa, wow, sickness, addiction...all these fit.

Thats quite a run you got going; I would like to see a thread with a picture of each flip, never mind, probably create bandwidth problems for TRF

Congrats on a successful 3 years.

kilyung · 7 March 2013, 04:14 AM

Quote:

Originally Posted by jakologo

And although I saw a post by a member that was looking for urgent help on whether he should "flip" his Rolex precious metal trifecta, I realize saying and doing are entirely different things. I respect his opinion and advice very much.

Never say never. Everything is flipable for the right piece regardless of what you have.

jakologo · 7 March 2013, 04:28 AM

Amen.

chicfarmer1 · 7 March 2013, 04:31 AM

Quote:

Originally Posted by jakologo

I agree it is serious but thanks to the forum and advice from trusted sellers I can say I've never lost more than 5% and have had some gains. I guess I view it as an almost liquid retirement fund savings account

That's not a good picture of a retirement or any sort of savings fund.

You may tolerate many small losses now, but overall it's burning money up, and you will eventually lose your appetite for that.

AK797 · 7 March 2013, 10:22 AM

Quote:

Originally Posted by Cru Jones

beautiful watch!! HUGE CONGRATS.

and, when you're tired of it, you'll be able to flip it for another incredible piece.

Dont trade the RGRC thats gotta be a keeper for the grandkids.

77T · 7 March 2013, 10:31 AM

Repeat after me...

"Hello, my name is Mark and I am an addicted flipper"

Well, if math is any help, the FV of your various losses and then reinvested gains could be up to $1Million. But it's just money...

FNFZ4 · 7 March 2013, 11:57 AM

Quote:

Hi my name is Mark and I am a watchaholic...

.

7 March 2013, 12:53 AM	#1
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	Confessions of a Chronic Flipper For the last 3 years I have been trying to build a collection of watches I liked. I knew I had sold a few as I continued to refine my collection guided by the knowledge I acquired on this great forum. I have mostly Rolex pieces which I traded up to precious metal versions. I have also purchased a few AP's and even a Patek recently. But last night while meandering throughout the website I decided to look up my past posts. I counted over 60 feedbacks to Oscar Bodybump and a few to other trusted sellers. Since I only give feedbacks when I spend money, could this even be possible? Moreover my first post is a thank you for my 6th purchase. Sickness, madness, obsession or just ...hobby? This has been a wake up call for me. I am now fully aware of what I have done and will take appropriate action. That being said, I can't wait for Oscar to show up with the new AP RGRC that I traded my wg Daytona for!

7 March 2013, 01:38 AM	#8
Mystro 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: The Mystro ;) Location: Central Pa. Posts: 15,510	Its a sickness like gambling. As long as you can afford it, then its not a problem. There is something to be said or owning a wach forever and making memories with it on. __________________

7 March 2013, 02:37 AM	#16
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,253	Have fun, just do your best to save enough money so at the end of the day you won't have to eat ramen for the rest of your life. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

7 March 2013, 03:48 AM	#23
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,834	I would be afraid to do a tally. I like you tho, am done. I like what I have, and won't be flipping any of them. And waiting for Basel to see if I get anymore. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

7 March 2013, 10:31 AM	#29
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,015	Repeat after me... "Hello, my name is Mark and I am an addicted flipper" Well, if math is any help, the FV of your various losses and then reinvested gains could be up to $1Million. But it's just money... __________________ Does anyone really know what time it is?

7 March 2013, 12:55 AM	#2
nauticajoe "TRF" Member Join Date: Feb 2010 Real Name: Joe Location: PA Posts: 14,774	It's a sickness alright! Congrats in advance! You may want to lose Oscar's cel # going forward.

7 March 2013, 01:05 AM	#3
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	Whoa.

7 March 2013, 01:08 AM	#4
blackout "TRF" Member Join Date: Mar 2010 Location: Everywhere Watch: SubC LN & LV Posts: 743	I am part of the "FA" (Flippers Anonymous)!

7 March 2013, 01:12 AM	#5
Miamipawnsab "TRF" Member Join Date: Jan 2013 Real Name: Sergio Location: Miami Watch: Lv,gmtc,ym,dayton Posts: 260	I think I'm becoming a flipper . After I buy a watch I looking to buy a new one and seeing how I'm going to get rid of the last one

7 March 2013, 01:33 AM	#6
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,721	Whoa is correct. I would like to be a fly on your wall. Don't stop now. Regards, Casey

7 March 2013, 01:48 AM	#9
yessir69 2024 Pledge Member Join Date: May 2011 Real Name: Kevin Location: Tornado Alley Posts: 3,289	Welcome to hell!!!

7 March 2013, 02:04 AM	#10
Ray T "TRF" Member Join Date: Sep 2008 Real Name: Ray Location: NYC Watch: 116619 LB Posts: 353	wow chronic flipping, i have problems with chronic buying hah, haven't been able to let any pieces i buy go yet.

7 March 2013, 02:12 AM	#11
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	I agree it is serious but thanks to the forum and advice from trusted sellers I can say I've never lost more than 5% and have had some gains. I guess I view it as an almost liquid retirement fund savings account since I've never had a problem selling anything. Although it doesn't bear interest it provides happiness and that's important to me. I guess I'm pretty eccentric. I"m single , drive a 1968 Chevy and have modest living expenses. I appreciate the concern from fellow forum members but it is not a "whoa"situation. There is a method to my madness. I guess I was just shocked when I counted the feedbacks.

7 March 2013, 02:20 AM	#12
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	I'd be just like you if I let myself. Instead, I'm pretty deliberate in my watch dealings so have been able to keep the flipping to a minimum. That's not to say that I'm not sorely tempted every time I checkout the FS section!

7 March 2013, 02:33 AM	#14
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	The wg Daytona was the last of my "flippable" pieces. I know talk is cheap but I am very determined to keep what I have worked so hard to acquire. This matter reinforced what I already knew and I will be very selective in the future. And although I saw a post by a member that was looking for urgent help on whether he should "flip" his Rolex precious metal trifecta, I realize saying and doing are entirely different things. I respect his opinion and advice very much.

7 March 2013, 02:35 AM	#15
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	Nothing to apologize for. In fact, I'm grateful to be surrounded by such a close knit worldwide group.

7 March 2013, 02:40 AM	#17
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	I'll tell you how eccentric. I only buy Ramen in bulk at Costco or when it is buy one, get one free at the local food store!

7 March 2013, 02:56 AM	#21
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,721	OK No Whoa, How about WOW!!! I'm happy for ya, Keep going, I would still like to be a fly on your wall. Sounds like your having a ball.

7 March 2013, 03:38 AM	#22
steveclocks "TRF" Member Join Date: May 2011 Real Name: Geert Location: Belgium Watch: rolex/JLC/panerai Posts: 5,612	It's called ADDICTION

7 March 2013, 04:12 AM	#24
donas Banned Join Date: Jul 2008 Real Name: Wade Location: TN Watch: 116619 Posts: 2,659	60+ in three years...roughly 2 a month for 3 years straight...whoa, wow, sickness, addiction...all these fit. Thats quite a run you got going; I would like to see a thread with a picture of each flip, never mind, probably create bandwidth problems for TRF Congrats on a successful 3 years.

7 March 2013, 04:28 AM	#26
jakologo 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Nov 2009 Real Name: Mark Location: SoFla Watch: DD40 Posts: 386	Amen.

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