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Old 25 September 2019, 01:22 PM   #1
Akcapone1
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Icon5 Guide to buying/investing in watches?

Hi guys I'm really new wanting to know more about how and why watch prices fluctuate. Not sure on which Rolex model to purchase but love the Daytonas.
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Old 25 September 2019, 10:29 PM   #2
JayHantz
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Welcome to the forums. Get the watch you want and do not focus on the "investment" aspect of the watch.
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Old 25 September 2019, 10:34 PM   #3
locutus49
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You are better off investing in the stock market. Only buy a watch you love. It may or may not go up in value over the years. If people knew for sure they would all be rich. Looking back at the one successful modern watch and buying it for investment is a logical fallacy called cherry-picking. We cannot foretell the future.
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Old 25 September 2019, 10:42 PM   #4
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Quote:
Originally Posted by Akcapone1 View Post
Hi guys I'm really new wanting to know more about how and why watch prices fluctuate.
Quote:
The most basic laws in economics are the law of supply and the law of demand. Indeed, almost every economic event or phenomenon is the product of the interaction of these two laws. The law of supply states that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the law of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa. (Economists do not really have a “law” of supply, though they talk and write as though they do.)
https://www.econlib.org/library/Enc/Supply.html
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Old 25 September 2019, 11:08 PM   #5
steeevvvooo
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Take your time and only buy what you love with money can afford to flush down the toilet. Rolex generally hold value pretty well, but if you NEED to sell one in the future then unless if is for some isolated personal reason you can bet that there will be LOADS of others trying to sell at the same time. At that point they are terrible investments and pretty illiquid without having a steep discount to market prices.

Watches are jewellery to be bought with money you don't need and enjoyed for illogical reasons. Stocks, bonds, ETFs, property etc are for investment.

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Old 25 September 2019, 11:15 PM   #6
herts9
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Buy a 6263 for 50k. That'd be a good investment.
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Old 26 September 2019, 12:56 PM   #7
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Old 26 September 2019, 10:05 PM   #8
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Old 26 September 2019, 10:07 PM   #9
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Buy a watch you love...
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Old 28 September 2019, 04:19 PM   #10
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Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
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Old 30 September 2019, 01:38 PM   #11
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Old 4 October 2019, 02:59 PM   #12
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Old 13 October 2019, 09:20 PM   #13
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