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Originally Posted by italiafan
Not sure of your point.
My point is I sure don’t want to see $2M (for instance) evaporate from my accounts to be able to purchase a watch at $20K less...just plain non-sensical thought process.
Exact numbers are not important and only illustrative; percentage drop in investment accounts in a financial crisis would not offset percentage drop in watch prices—unless you are primarily cash/fixed income and without substantial assets.
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This is a watch forum and not a financial asset management forum. My point is during the last major recession, there were many watches available at a deep discount. If you can predict the downturn and move assets around to minimize losses, you can use that cash to buy Patek watches on a dip.