Quote:
Originally Posted by Martin Posner
Just a thought - I purchased my Rolex day/date Oyster in 1993 for $4500. Due to the economy I needed to sell it recently. After a significant amount of research, the best I could do was $1800. To say my Rolex was an investment is truly a laugh. As a financial advisor and attorney by trade I view an investment as something that appreciates in value - not something that pays less than 50% of its original purchase price. While there are some Rolex watches which are more valuable than others, I have to admit I was very disappointed.
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You bought a DD for $4,500 in 1993 (a steal in my opinion) and sold it for $1,800.???????
As a financial advisor and an attorney, (your words) please remind me to never use your services.
EDIT: Forgot to add, welcome to the forum.