Author Topic: Buying a Watch Could Be an Inflation-Beating Investment?  (Read 10006 times)

Offline fireken

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Buying a Watch Could Be an Inflation-Beating Investment?
« on: February 06, 2014, 09:41:19 PM »
Come across this interesting article to share.
http://www.moneysmart.sg/investments/who-would-have-thought-buying-a-watch-could-be-an-inflation-beating-investment

Might be a good choice of investment with the right selection.

Offline jason_recliner

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #1 on: February 07, 2014, 03:48:04 AM »
Anything is possible.

It might be a good investment.  But it probably won't be.

I'm constantly amazed by the number of people looking to 'invest' in watches, and those who buy Rolex because of the resale.  Could you be any more dull?  You're not a watch enthusiast - you're a money enthusiast.  There is a probably a forum out there where people can chat about investments.  Why don't you go check it out - sounds like fun!

If you're buying watches to invest, or for resale, you're not an enthusiast. You're just a guy buying stuff.

Rant over.

Offline watzisname

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #2 on: February 07, 2014, 06:29:30 AM »
Anything is possible.

It might be a good investment.  But it probably won't be.

I'm constantly amazed by the number of people looking to 'invest' in watches, and those who buy Rolex because of the resale.  Could you be any more dull?  You're not a watch enthusiast - you're a money enthusiast.  There is a probably a forum out there where people can chat about investments.  Why don't you go check it out - sounds like fun!

If you're buying watches to invest, or for resale, you're not an enthusiast. You're just a guy buying stuff.

Rant over.

Exactly my thoughts... Thank you!

Offline Yoda

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #3 on: February 07, 2014, 06:30:03 AM »
Anything is possible.

It might be a good investment.  But it probably won't be.

I'm constantly amazed by the number of people looking to 'invest' in watches, and those who buy Rolex because of the resale.  Could you be any more dull?  You're not a watch enthusiast - you're a money enthusiast.  There is a probably a forum out there where people can chat about investments.  Why don't you go check it out - sounds like fun!

If you're buying watches to invest, or for resale, you're not an enthusiast. You're just a guy buying stuff.

Rant over.

Chill it brother
 :Cheers:
"Train Yourself To Let Go Of Everything you Fear To Lose"

"The Fear Of Loss Is A Path To The Dark Side"

Yoda

Offline kenji1903

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #4 on: February 07, 2014, 07:04:31 AM »
unbelievable... Tag Heuer's in the list :Laughing_on_floor:

Offline Laktos Kid

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #5 on: February 07, 2014, 08:34:27 AM »
Anything is possible.

It might be a good investment.  But it probably won't be.

I'm constantly amazed by the number of people looking to 'invest' in watches, and those who buy Rolex because of the resale.  Could you be any more dull?  You're not a watch enthusiast - you're a money enthusiast.  There is a probably a forum out there where people can chat about investments.  Why don't you go check it out - sounds like fun!

If you're buying watches to invest, or for resale, you're not an enthusiast. You're just a guy buying stuff.

Rant over.

Chill it brother
 :Cheers:

Agree with you all, it's more of a hobby than a high return investment  ;D

Offline theseira

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #6 on: February 07, 2014, 09:59:44 AM »
Wow hublot big bang in the high end list. I remember seeing a lot of hublot big bang pieces go for over 50% the retail value on the second hand market.

Offline JeepWH

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #7 on: February 07, 2014, 10:28:32 AM »
Hublot big bang is an iconic piece what. Vey much sought after.
Seiko fan.....

Offline 2ndOpinion

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #8 on: February 07, 2014, 01:46:40 PM »
Watches, like any asset class, will carry elements of speculation and investment especially when supply is tight and demand high. Even for the hardcore enthusiast, who can resist making a fast buck here and there? And really what's wrong with that?

The article asserts watches "could be investments". That's not incorrect. But the more correct reality is some watches do well as short term speculation, and others fare best as longer term investments. Grey dealers, and some of us lol, make big bucks as speculators; Christie's, Sotheby's and Antiquorum make salivating killings for watch investors.

From experience, some sports model Rolex (the usual suspects lol) and some of the base PAMs including some of the limited editions are indeed well proven performers for speculation.

For longer term investments, generally PPs and vintage Rolexes are the best performers by far.

So yes, subject to the above assertions, watches "could be" good speculation and investment. And it ain't a crime! Just do it!


Offline Won Bin

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #9 on: February 07, 2014, 02:33:15 PM »
Watch really tough for earn money, unless really rare and limited edition.

However for the watch lover, it really worth even know it will loss the money on resale....hehe.

For me just buy the watches your really love it, and wear it......then think about resale value......just my own opinion, if wrong just ignore it.....keke.
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Offline dennis.T

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #10 on: February 08, 2014, 01:26:19 PM »
A bit surprise hublot is in the high end list.. :Startled:

Offline theseira

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #11 on: February 08, 2014, 01:26:48 PM »
I meant to say hublot big bang is heavily discounted in the second hand and grey market

Offline noobzpro

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #12 on: February 15, 2014, 04:03:49 PM »
Nvr an investment...its just an excuse to buy.....this is a hobby....just that if u wanna quit the hobby u dun lose that much if u buy the right brands

Offline Conscript

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #13 on: February 15, 2014, 06:05:28 PM »
Quitting hobby  :thumbsup: Good luck brother  :Cheers:

Offline kiamat

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #14 on: February 15, 2014, 06:12:38 PM »
Watch really tough for earn money, unless really rare and limited edition.

However for the watch lover, it really worth even know it will loss the money on resale....hehe.

For me just buy the watches your really love it, and wear it......then think about resale value......just my own opinion, if wrong just ignore it.....keke.

right on! very true... i'll stick with properties and shares. however, with current economy climate even properties have liquidity issues.

Offline theseira

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #15 on: February 15, 2014, 06:29:17 PM »
Quitting hobby  :thumbsup: Good luck brother  :Cheers:

can quit meh!

Offline Conscript

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Re: Buying a Watch Could Be an Inflation-Beating Investment?
« Reply #16 on: February 15, 2014, 06:41:22 PM »
Quitting hobby  :thumbsup: Good luck brother  :Cheers:

can quit meh!

Ask the Otais here for the Antidote  :Laughing_on_floor: