Watches as an investment

Money, investing, mutuals etc

Watches as an investment

Postby Thunderfog » Sun Apr 02, 2017 11:01 pm

I was reading the comments over @HUKD regarding this post.

viewtopic.php?f=4&t=75553

So I did a bit of research and this is one of best articles I found for anyone else interested or just plain curious.

There are two answers here, of course, the short version and the long version. The short version is simple: Rolex and Patek Philippe.


http://www.watchtime.com/blog/fratello- ... -in-value/

Also this is a good read:

http://time.com/money/4058109/watches-v ... nvestment/
imutual Cashback Investment Club Secretary
FC Teams Nike Gloves & Shinguards

Thanked by: blythburgh
Thunderfog
 
Posts: 20845
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 202 times
Been thanked: 2896 times

Re: Watches as an investment

Postby pabenny » Mon Apr 03, 2017 7:24 am

The trouble with all 'alternative' investment is the vast spread - ie difference between buying and selling price. This very quickly swallows up gains. Plus watches produce no income while being held and potentially cost money due to the need to hstore securely, insure, etc.

Thanked by: blythburgh
pabenny
 
Posts: 482
Joined: Tue Jun 29, 2010 4:21 pm
Has thanked: 225 times
Been thanked: 572 times

Re: Watches as an investment

Postby Sarah » Mon Apr 03, 2017 8:29 am

If you're going to buy, one of the best ways is Tesco Clubcard Boost 3X for Goldsmiths.

Thanked by: blythburgh
Sarah
 
Posts: 2188
Joined: Sat Jun 26, 2010 9:01 am
Has thanked: 185 times
Been thanked: 1471 times

Re: Watches as an investment

Postby Thunderfog » Mon Apr 03, 2017 3:21 pm

pabenny wrote:The trouble with all 'alternative' investment is the vast spread - ie difference between buying and selling price. This very quickly swallows up gains. Plus watches produce no income while being held and potentially cost money due to the need to hstore securely, insure, etc.


True.

I'm not a expensive watches man.

My friend sees the increase in value as more of a bonus that a solid investment.

Just an idea as the offer on the Omega was "cheap".
imutual Cashback Investment Club Secretary
FC Teams Nike Gloves & Shinguards
Thunderfog
 
Posts: 20845
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 202 times
Been thanked: 2896 times

Re: Watches as an investment

Postby Thunderfog » Mon Apr 03, 2017 3:27 pm

Here is the thread over @HUKD for anyone who wants a more in-depth analysis.

Over 1,000 degrees heat and over 300 comments.

http://www.hotukdeals.com/deals/omega-s ... le-2653142
imutual Cashback Investment Club Secretary
FC Teams Nike Gloves & Shinguards
Thunderfog
 
Posts: 20845
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 202 times
Been thanked: 2896 times

Re: Watches as an investment

Postby planteria » Mon Apr 03, 2017 6:55 pm

i only own one watch, but it is worth more now second hand than i paid for it brand new a few years ago.
planteria
 
Posts: 4666
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 313 times
Been thanked: 1163 times

Re: Watches as an investment

Postby pabenny » Tue Apr 04, 2017 6:35 am

"Worth second hand"... do you mean the price to buy one second-hand or the amount you would realise if you were to sell the watch?
pabenny
 
Posts: 482
Joined: Tue Jun 29, 2010 4:21 pm
Has thanked: 225 times
Been thanked: 572 times

Re: Watches as an investment

Postby planteria » Tue Apr 04, 2017 6:41 am

the latter :thumbup:
planteria
 
Posts: 4666
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 313 times
Been thanked: 1163 times

Re: Watches as an investment

Postby Thunderfog » Tue Apr 04, 2017 5:11 pm

planteria wrote:the latter :thumbup:


Well done planteria.
imutual Cashback Investment Club Secretary
FC Teams Nike Gloves & Shinguards
Thunderfog
 
Posts: 20845
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 202 times
Been thanked: 2896 times

Re: Watches as an investment

Postby planteria » Tue Apr 04, 2017 6:52 pm

thank you.. i don't take any particular satisfaction though, other than that i knew what i was buying, wanted it, and knew that it was a 'desirable' model. as it happens there was a range of 3 and it was the most desirable. what Rolex have then done is bring out a fourth, and delisted one of the original two. that will arguably make the delisted one more desirable :think:
planteria
 
Posts: 4666
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 313 times
Been thanked: 1163 times

Next

Return to Finance & property

Who is online

Users browsing this forum: No registered users and 4 guests

cron