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Kevinm · 23 July 2008, 11:11 PM

Well not sure where you got the 2.88% from, but based on what I paid for mine 30 years ago, and the excellant condition it is in, and current market value my gain was an average of 7.5% per year. So with the way mutal funds are going now, basically negative. It looks like the return on the watch is better.

One point to make, even though in the long term a mutual fund can make 7 to 12% just remember you then have to do a tax adjustment which will net you less than the 7 to 12%.

It needs to be looked at like any upscale piece of jewlery.

But no I did not buy in lieu of an investment fund! Nor will I! I can't imagine havng so many watches around! LOL!

23 July 2008, 11:11 PM	#63
Kevinm Member Join Date: Jul 2008 Location: Fla USA Posts: 60	Well not sure where you got the 2.88% from, but based on what I paid for mine 30 years ago, and the excellant condition it is in, and current market value my gain was an average of 7.5% per year. So with the way mutal funds are going now, basically negative. It looks like the return on the watch is better. One point to make, even though in the long term a mutual fund can make 7 to 12% just remember you then have to do a tax adjustment which will net you less than the 7 to 12%. It needs to be looked at like any upscale piece of jewlery. But no I did not buy in lieu of an investment fund! Nor will I! I can't imagine havng so many watches around! LOL!