Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: Cocas on September 01, 2016, 04:37:42 PM

Title: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Cocas on September 01, 2016, 04:37:42 PM: You have spent MYR 100,000 in total (including accumulated net flipping costs)! Will you continue to buy watches?

:Cheers:

Note: please remember to cast your vote.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: gchee on September 01, 2016, 04:38:47 PM: No stopping as long as youre still earning income

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Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: mnazri.tan on September 01, 2016, 04:39:31 PM: Yes if i make as much in a month

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Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Cocas on September 01, 2016, 04:39:50 PM: Quote from: gchee on September 01, 2016, 04:38:47 PM
No stopping as long as youre still earning income

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Great!

Kindly cast your vote. Thanks.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: sshark on September 01, 2016, 05:03:12 PM: This is similar to asking our ministers to declare their assets. You probably get no response :)
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: ebertho on September 01, 2016, 05:26:46 PM: Will start to flip those pieces with least wrist time.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Cocas on September 01, 2016, 05:46:20 PM: Quote from: sshark on September 01, 2016, 05:03:12 PM
This is similar to asking our ministers to declare their assets. You probably get no response :)

I could not see the voter ID at all.

Please feel free to vote! Thanks.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: leewae91 on September 01, 2016, 11:08:36 PM: work hard spend hard.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Jedirat on September 02, 2016, 09:16:56 AM: Haha..it is indeed a motivation to spend more...
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: meoramri on September 02, 2016, 09:54:08 AM: If this is what you like to spend your hard earned money on - go for it
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Jedirat on September 02, 2016, 10:15:02 AM: Quote from: meoramri on September 02, 2016, 09:54:08 AM
If this is what you like to spend your hard earned money on - go for it

Of course will make sure that sufficient fund is place for child education, emergency and saving purpose, then the excess will put for hobby.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: meoramri on September 02, 2016, 01:47:03 PM: Quote from: Jedirat on September 02, 2016, 10:15:02 AM
Quote from: meoramri on September 02, 2016, 09:54:08 AM
If this is what you like to spend your hard earned money on - go for it

Of course will make sure that sufficient fund is place for child education, emergency and saving purpose, then the excess will put for hobby.

Thanks for adding the proviso. You're right. Never neglect your responsibilities. Once done, whatever is left - enjoy.
:D
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: saprozeldo on September 02, 2016, 04:13:32 PM: At my level, i'm still stuck at should i have just 1 unit of those hundred thousand ringgit watches or should i have byk2 watches worth hundred thousand ringgit..

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Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Frendrick on September 02, 2016, 11:17:34 PM: Why stop?! It's addicting! ????
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: meoramri on September 03, 2016, 05:50:59 AM: Quote from: saprozeldo on September 02, 2016, 04:13:32 PM
At my level, i'm still stuck at should i have just 1 unit of those hundred thousand ringgit watches or should i have byk2 watches worth hundred thousand ringgit..

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Since you are having this dilemma, the second option is the best remedy :)

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Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: D'Andy on September 03, 2016, 04:57:45 PM: We normally buy piece by piece (I stand corrected if the bulk sharks were around), so you don't see a sudden outflow of RM100k per piece. But buy, flip, buy, flip... and yes, the amount would slowly add up over time. But WIS do derive pleasure over the cycle, so the question was do you place the "pleasure" as being valued more than the "losses" from the flips? To me, it's more of a journey than the destination, when it comes to collecting watches. I have learnt so much about watches and movements over time, just as I have learnt so much more about myself and the evolving change in taste as my maturity sets in, during this enjoyable journey.
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Cocas on September 23, 2016, 10:23:41 PM: I locked the voting poll.

There 22 votes casted. With average number of daily online viewers at 90.

This poll result is conclusive and valid. :Dancing_banana:

Majority of members here will continue spending money on watches regardless they have spent more than RM 100,000 or not.

:thumbsup:
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: Cocas on September 24, 2016, 01:39:51 PM: If Pareto is correct, the 20% of 7500 members , about 1500 of them should have watch collection values that are more than RM 100k in total. That's equivalent of RM 150million worth of watches at least already in our members watch box. :thumbsup:
Title: Re: You have spent MYR 100,000 in total (including accumulated flipping costs)!
Post by: meoramri on September 24, 2016, 07:08:38 PM: In this case I don't think so. The assumptions are too spurious to make such hypothesis significant.

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