ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
3 June 2019, 12:45 AM | #1 |
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Will the Rolex “bubble” burst?.. if there is one?
What are you thoughts on gray market prices and Rolex supply? Will Rolex ever flood the ADs with the hot models causing gray market to plunge or do they have enough money where they don’t care much about keeping up with demand?
This question was probably ask 987654321 times but I just started using the forum (even though I created the account few years back) and I don’t know where to find the topic. |
5 June 2019, 05:24 AM | #2 |
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What goes up, must come down
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5 June 2019, 05:39 AM | #3 | |
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5 June 2019, 05:42 AM | #4 |
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100% guaranteed the prices will come down. Eventually.
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5 June 2019, 05:49 AM | #5 |
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Not in a traditional sense.
The prices will come down, but not by much. As some will 'need' to 'liquidate', others will be quick to snap them up at another inflated level, but nowhere near retail or below retail. |
5 June 2019, 05:51 AM | #6 |
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5 June 2019, 05:53 AM | #7 |
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Maybe we should start a thread with a pole on how many more threads we will see with the title albino the lines of “will the bubble burst”.
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5 June 2019, 07:17 AM | #8 |
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Better question; when will the 'bubble thread' bubble burst?
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5 June 2019, 08:00 AM | #9 | |
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Exactly, probably after Basel 2030
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5 June 2019, 09:57 AM | #10 |
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I look at this like trying to pick individual stocks -- it's a fool's game. You can win or lose big. I'd say buy what you like when you can afford it, then wear it. There are much more secure investment vehicles than watches. If you buy what you like, the "fair market value" is not particularly relevant. All that matters is if it's worth it to you, right now, with you bank account and personal situation.
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5 June 2019, 11:54 AM | #11 |
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Maybe just for BLNRS and HULKS
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5 June 2019, 12:10 PM | #12 |
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5 June 2019, 01:07 PM | #13 |
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5 June 2019, 06:19 PM | #14 |
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no they wont come down unless interest rates are available to savers as they were 10 years ago, billions of dollars are being parked in luxury items as a way of trying to get a return and also as a way of trying to stop inflation eroding peoples savings.
Its not just rolex that people are buying. |
5 June 2019, 06:51 PM | #15 | |
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Quote:
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5 June 2019, 10:07 PM | #16 |
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Will the Rolex “bubble” burst?.. if there is one?
Answering the OP’s question is easier than choosing individual stocks. But a big recession, depression, panic, etc in financial markets will drop demand and prices.
There are signals you might sense - for example, an exodus to value - in May, US Stock Market ETF’s saw a $20 Billion outflow. That $20 Billion went somewhere safer methinks. All bubbles burst eventually. It’s picking the when and how that’s difficult. Just don’t get “antsy” and chase your tail. In either pursuit, stocks or bubbles, the fundamental way to succeed is the same: Invest in yourself - learn the business in which you’re thinking of investing. In this case, learn the Rolex trading game. Buy what you understand. Look at the long-term. Don’t be a “day-trader” trying to time things by jumping around. Learn from your mistakes (you will inevitably make some) and move on. Lastly, “If you aren’t willing to own a stock (watch) for 10 years, don’t even think about owning it for ten minutes.” Oh...and if you’re new to TRF, learn to use the search function to read the now 987654322 threads on this topic. Sent from my iPhone using Tapatalk Pro
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6 June 2019, 03:13 AM | #17 | |
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I will make it my goal today to learn to use the search function. In the meantime, thank you for such a detailed reply. I know looking at watches as investments is absurd. I bought them because I liked them. I have close to 10 steel Rolex watches and quite a few of them I purchased under retail/at retail. I want to downsize to around 4 watches. It's hard to let go seeing how some of them doubled in price. My guess is it's probably safer to sell some now rather than later. I don't think the prices will climb much higher. They might not drop really soon but if (most likely "when") they do, I'll myself |
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6 June 2019, 03:14 AM | #18 |
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6 June 2019, 03:18 AM | #19 |
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Rolex is recession and bubble proof. They can control supply and reduce to 10-15 per year if they wanted.
My old man said 3 things are constant in life, death, taxes and rolex prices always going up. |
6 June 2019, 05:40 AM | #20 |
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if you are calling it a bubble, its going to burst. and if I know exactly when, I would be the richest man on earth.
I can totally see Rolex prices having a support at list price. So if you buy at list, at least you are not going to lose any money. But having prices almost doubling that of list price, I still don't see how this is sustainable.
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6 June 2019, 06:07 AM | #21 |
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I just want a BLNR on a jubilee and I am not paying 23k for it.
Pls come down SS prices! |
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