Price hike theory

[sub2004]

Hi Friends

I have been reading a lot about the price going up issue and the ensuing debates.

All fair and said and done.

But i advise against "rushing in" to beat the price hike.

Prices will go up 5-10% etc depending on country etc.

Well you could just put the money in a fixed term deposit and earn 8% a year anyway and match the price hike while you make an "informed decision" as to which rolex you want. No point just getting a rolex becuase the price is going up...

Just a thought i had while looking at some of the term deposit rates being offered here, which match the price hike in my place. I'm going to take my time for the next one

[Mr. K]

Originally Posted by sub2004

Hi Friends

I have been reading a lot about the price going up issue and the ensuing debates.

All fair and said and done.

But i advise against "rushing in" to beat the price hike.

Prices will go up 5-10% etc depending on country etc.

Well you could just put the money in a fixed term deposit and earn 8% a year anyway and match the price hike while you make an "informed decision" as to which rolex you want. No point just getting a rolex becuase the price is going up...

Just a thought i had while looking at some of the term deposit rates being offered here, which match the price hike in my place. I'm going to take my time for the next one

To you that may sound all well and good, but it sure does not help to rationalize why yet another Rolex watch is needed ASAP.

I'm trying to find as many excuses to justify why I need another Rolex, not why I should wait.

But you do have a point.

[JJ Irani]

Don,

Some of us are more interested in the next Rolex.....especially if we've been wanting a certain model since long and have been procrastinating about it.

Now's the time for us to wake up and beat the price hike!!