Post by: rusminag on November 04, 2011, 10:44:41 AM
Mod. Please remove if not suitable.
Post by: hanz079 on November 04, 2011, 10:54:33 AM
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Post by: G.MAC on November 04, 2011, 11:07:41 AM
Post by: compaq on November 04, 2011, 12:04:09 PM
Well,at the end of it,its 'Willing Seller, Willing Buyer' ...
Post by: David_cheong on November 04, 2011, 12:05:45 PM
In the early days, I am at the losing end and as I go along the way..with foresight and experiences and have managed be on the positive end.
Nowadays, I have slowed down on watch flipping and concentrate only on what I wanted to wear and keep..
dc
Post by: rusminag on November 04, 2011, 01:00:55 PM
Post by: shamtv2555 on November 04, 2011, 03:01:06 PM
Post by: Octo on November 04, 2011, 04:13:02 PM
Post by: TheHobbit on November 04, 2011, 05:58:01 PM
However, you tend to take a big hit on lesser known brands. For those brand, better to sell outright.
Post by: khanwooi on November 04, 2011, 08:00:00 PM
for me, just keep the 4 types for different occasion or event will do. not need much.
1 for formal wear, 1 for casual wear/ parties, 1 for sport, 1 for travel, rough , tough event.
if there is more extra, maybe can sell off, or keep it in the drawer some where else, as a hide and seek for your grandchild.
i believe if they found it they more appreciate it, is better then we give them, they wont appreciate, heheh
Post by: gloomis on November 05, 2011, 05:39:33 AM
Post by: siodee on November 08, 2011, 06:59:26 AM
Easily lost 10k... not profitable...
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Thanks Bro, that mean I am one of the beneficial ;D
But I was surprisingly to see the survey shown people made lost more than 10k categories rank nombor 1. If so, why some of the members still flipping with such a huge lost?? Shouldn't be just keeping for collections, just wonder
Post by: The Godzilla on November 08, 2011, 01:01:07 PM
Post by: hanz079 on November 09, 2011, 08:15:20 AM
At 1st I thought about flipping and losing money and maybe it is better to keep as collection.Easily lost 10k... not profitable...
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Thanks Bro, that mean I am one of the beneficial ;D
But I was surprisingly to see the survey shown people made lost more than 10k categories rank nombor 1. If so, why some of the members still flipping with such a huge lost?? Shouldn't be just keeping for collections, just wonder
But in the end, better let someone enjoy it at a better price and get it over with.
You only have 2 wrists and can only wear 1 watch at a time... even at rotation, there is only so many you can wear...
Post by: Watchnewby on November 09, 2011, 09:33:41 AM
I flip not because I want to get a profit but instead to get some cash to fund other watches, so as long as the losses is not that big, I am willing to flip :laugh:My kind of style. :laugh: :laugh:
Post by: meoramri on November 10, 2011, 06:26:21 AM
Post by: siodee on November 10, 2011, 06:29:48 AM
At 1st I thought about flipping and losing money and maybe it is better to keep as collection.Easily lost 10k... not profitable...
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Thanks Bro, that mean I am one of the beneficial ;D
But I was surprisingly to see the survey shown people made lost more than 10k categories rank nombor 1. If so, why some of the members still flipping with such a huge lost?? Shouldn't be just keeping for collections, just wonder
But in the end, better let someone enjoy it at a better price and get it over with.
You only have 2 wrists and can only wear 1 watch at a time... even at rotation, there is only so many you can wear...
So Bro, you stop acquisition already???
Post by: hanz079 on November 10, 2011, 06:38:38 AM
Not yet... but currently on a one in one out policy...At 1st I thought about flipping and losing money and maybe it is better to keep as collection.Easily lost 10k... not profitable...
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Thanks Bro, that mean I am one of the beneficial ;D
But I was surprisingly to see the survey shown people made lost more than 10k categories rank nombor 1. If so, why some of the members still flipping with such a huge lost?? Shouldn't be just keeping for collections, just wonder
But in the end, better let someone enjoy it at a better price and get it over with.
You only have 2 wrists and can only wear 1 watch at a time... even at rotation, there is only so many you can wear...
So Bro, you stop acquisition already???
If a new watch comes in, one old one have to go...
And, one thing about this policy is, the "out" doesn't have to mean sell... can be just giving it to my dad, wife etc... hehehe :Cheers:
Post by: Watchnewby on November 10, 2011, 07:22:11 AM
Once a watch drops into my palm, it never leaves the realm - my "sickness" won't allow it - :Confused:
Me too. Once in, none out.
Unless give it away to relatives or friends or when desperate for funds for other issues.
Post by: khanwooi on November 10, 2011, 07:31:09 AM
I flip not because I want to get a profit but instead to get some cash to fund other watches, so as long as the losses is not that big, I am willing to flip :laugh:My kind of style. :laugh: :laugh:
but the problem is how many you willing to loss? if 10% or 20% i think is still reasonable.
one thing wanna share with you all, did anyone of your wife saw you keep flip, changing watch,, they give you a sign,, "when you going to flip and change your wife" ?
crazy.. ???
Post by: ex660 on November 12, 2011, 05:20:18 AM
I flip not because I want to get a profit but instead to get some cash to fund other watches, so as long as the losses is not that big, I am willing to flip :laugh:My kind of style. :laugh: :laugh:
but the problem is how many you willing to loss? if 10% or 20% i think is still reasonable.
one thing wanna share with you all, did anyone of your wife saw you keep flip, changing watch,, they give you a sign,, "when you going to flip and change your wife" ?
crazy.. ???
i bought an Oris for awhile...
then i sold it off to fund for the other watch i like .. BR..
jus 8mnths.. have to sell it off at almost 40% lost... dats reallli pain ..
now unless realli need $$.. else i'll keep for now..
price keep on increase for swiss watches too..
BR increased almost 10%+ for 2011 itself..
Post by: siodee on November 12, 2011, 08:13:44 AM
My wife asked the same question when I flipped, I told her cause u limit my collections ma, otherwise, I would keep all of them, just like I only love you for life, then she said, if don't limit, you will keep adding more girlfriends, that is even worse, then I :HammerHead: :HammerHead:
Post by: compaq on November 12, 2011, 03:39:51 PM
Bro Hanz, good strategic :thumbsup:
My wife asked the same question when I flipped, I told her cause u limit my collections ma, otherwise, I would keep all of them, just like I only love you for life, then she said, if don't limit, you will keep adding more girlfriends, that is even worse, then I :HammerHead: :HammerHead:
Referring to a quote:
I was once told by Mrs.Yee,(Hing's watch) men does not usually spend on jewellery like earings, gold, diamond, hangbags, clothes, shoes etc...like the ladies. So instead, have a nice watch to reward yourself after some hard work especially when you meet business associated or go visit your 'future-mother-in-law' or GF..at least you have something to show.
Post by: ex660 on November 12, 2011, 05:01:01 PM
Bro Hanz, good strategic :thumbsup:
My wife asked the same question when I flipped, I told her cause u limit my collections ma, otherwise, I would keep all of them, just like I only love you for life, then she said, if don't limit, you will keep adding more girlfriends, that is even worse, then I :HammerHead: :HammerHead:
Referring to a quote:
I was once told by Mrs.Yee,(Hing's watch) men does not usually spend on jewellery like earings, gold, diamond, hangbags, clothes, shoes etc...like the ladies. So instead, have a nice watch to reward yourself after some hard work especially when you meet business associated or go visit your 'future-mother-in-law' or GF..at least you have something to show.
spot on!.. very right in every way ..
but .. wat is the cina mother&father in law tarak tao apa branded watches.. den got problem lo .. lool :Laughing_on_floor:
unless.. ROLEX la.. every1 knows its expensive watch..
Post by: khanwooi on November 13, 2011, 03:12:03 PM
Bro Hanz, good strategic :thumbsup:
My wife asked the same question when I flipped, I told her cause u limit my collections ma, otherwise, I would keep all of them, just like I only love you for life, then she said, if don't limit, you will keep adding more girlfriends, that is even worse, then I :HammerHead: :HammerHead:
Referring to a quote:
I was once told by Mrs.Yee,(Hing's watch) men does not usually spend on jewellery like earings, gold, diamond, hangbags, clothes, shoes etc...like the ladies. So instead, have a nice watch to reward yourself after some hard work especially when you meet business associated or go visit your 'future-mother-in-law' or GF..at least you have something to show.
spot on!.. very right in every way ..
but .. wat is the cina mother&father in law tarak tao apa branded watches.. den got problem lo .. lool :Laughing_on_floor:
unless.. ROLEX la.. every1 knows its expensive watch..
not necessary must ROLEX,,
as long it GOLD color and it can shine shine will do and enough.
hahaha
Post by: effendy131 on October 26, 2015, 07:19:58 PM
Post by: hidden830726 on October 26, 2015, 08:26:39 PM
Easily lost 10k... not profitable...
But as long as those ppl that buy from me had a good deal... it's all good. :Cheers:
Its a "flip" circle, you lost while flipping, but you gain when you buy pre-owned watch.... so... it's all good.
Post by: Timeless on October 26, 2015, 08:34:29 PM
Post by: joshua95 on November 02, 2015, 05:03:55 AM
Post by: theseira on November 02, 2015, 01:40:11 PM
You can make money if you buy at the right price but it is very hard to do.
It is very important to buy at the right price. Also need to consider the demand.
Also to be ahead you can't be paying retail and when you flip to profit mostly you have to do private sale.
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Post by: beaujarle on November 05, 2015, 06:58:47 PM
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Post by: nikfs1881 on November 05, 2015, 10:09:29 PM
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Post by: chrisyen on November 17, 2015, 08:43:42 AM
wear it for 5 years
sold it at rm25,000
are you loosing rm5,000 ?
or you spent RM5,000 to wear a rolex watch for 5 years?
in this 5 years, you get to feel a good watch, you get praised, recognised....
so thats not a loss.
Post by: beaujarle on November 17, 2015, 12:42:43 PM
or you spent RM5,000 to wear a rolex watch for 5 years?
in this 5 years, you get to feel a good watch, you get praised, recognised....
so thats not a loss.
Agreed...and you have a base capital to buy the next watch.
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Post by: myric on November 18, 2015, 08:32:34 PM
if you buy a watch for rm30,000 rolex
wear it for 5 years
sold it at rm25,000
are you loosing rm5,000 ?
or you spent RM5,000 to wear a rolex watch for 5 years?
in this 5 years, you get to feel a good watch, you get praised, recognised....
so thats not a loss.
Another angle of it, interesting and making sense. :)
Post by: adamjohari on November 21, 2015, 02:35:24 AM
A sound advice I got from an investment person: you can be a collector or a dealer, but you can't be both.
Post by: CKL1213 on November 21, 2015, 06:31:32 AM
if you buy a watch for rm30,000 rolex
wear it for 5 years
sold it at rm25,000
are you loosing rm5,000 ?
or you spent RM5,000 to wear a rolex watch for 5 years?
in this 5 years, you get to feel a good watch, you get praised, recognised....
so thats not a loss.
I will show this post to my wife
Post by: Top2 on November 21, 2015, 11:15:27 AM
Post by: Jefferyngohcs on November 23, 2015, 12:22:31 AM
Post by: pez on December 01, 2015, 10:50:17 AM
Post by: kopykopy on December 01, 2015, 11:25:38 AM
One question, when you flip, do you sell it here (post in the forum) or you have other sources? go to pre-owned shops?
There's pros and cons. Pre-own shop = virtually immediate sale + security is better but cheaper sale price. Private sale = maybe higher sale price but less security dealing with unknown person and dealing in the open and also all the trouble to meet up but buyer change his mind.
Post by: reventon on December 21, 2015, 04:59:23 PM
Post by: yusszzxx on January 07, 2016, 12:03:27 PM
Once a watch drops into my palm, it never leaves the realm - my "sickness" won't allow it - :Confused:
Yes, keep it like your treasure., pass it to your love one.. :D
Post by: smackzeen on January 07, 2016, 03:33:45 PM
Post by: dennis.T on January 10, 2016, 07:13:05 PM
lost 8k flipping my Ball Skylab 2 :Mad:That a lot for ball watches.. :o
Post by: smackzeen on January 12, 2016, 07:49:21 PM
Post by: Cocas on June 11, 2016, 03:47:30 PM
Post by: elado249 on June 11, 2016, 05:24:26 PM
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Post by: asimo on June 11, 2016, 06:05:04 PM
i think panerai base models hold values pretty good too ... just like some rolex sports models
Post by: adamjohari on June 12, 2016, 09:01:25 AM
Have holding power. If I don't have the means to buy the next watch without selling my current watch, I won't buy the next watch. Don't sell in desperation.
Post by: dannyojw on June 13, 2016, 01:43:10 PM