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The last of the hesalite speedys are kicking around now so might be worth grabbing one, if only because the boxes are a lot nicer!so I'm going to take him shopping over the next couple of weeks and see if he likes a Speedy or Seamaster.
I'm running at 31% average gain at the moment. I will try use this on the missus to justify another purchase..Potter wrote: Thu Feb 03, 2022 11:58 amA year later, that percentage increase ranges from 47% to 198% increase.Potter wrote: Mon Jan 18, 2021 10:16 am At the start of lockdown I used a website tracker application for watches (Chrono24), you input what you paid and the details, etc, then it tracks their value in the used market and gives you the average selling price and how yours have done against it.
I put a couple in that I bought last summer just out of interest - anyway, I've just logged in and the appreciation averages out at +26%
I don't know of many easy investments to make that pay those sort of returns, e.g. if you'd dropped 30k into them you'd come out with 7.6k appreciation after about eight months, although selling them might be a hassle.
I was going to C&P the tracker but you can see the values and someone would take it the wrong way, but you can do your own maths.
You only actually make the gain when you sell the watch. I like 'good' watches, especially Rolex and Omega, but if I had several £000's tied up in a watch I would be very wary of wearing it. Day to day scuffs tend to knock the values down a bit.v8-powered wrote: Thu Feb 03, 2022 12:23 pmI'm running at 31% average gain at the moment. I will try use this on the missus to justify another purchase..Potter wrote: Thu Feb 03, 2022 11:58 amA year later, that percentage increase ranges from 47% to 198% increase.Potter wrote: Mon Jan 18, 2021 10:16 am At the start of lockdown I used a website tracker application for watches (Chrono24), you input what you paid and the details, etc, then it tracks their value in the used market and gives you the average selling price and how yours have done against it.
I put a couple in that I bought last summer just out of interest - anyway, I've just logged in and the appreciation averages out at +26%
I don't know of many easy investments to make that pay those sort of returns, e.g. if you'd dropped 30k into them you'd come out with 7.6k appreciation after about eight months, although selling them might be a hassle.
I was going to C&P the tracker but you can see the values and someone would take it the wrong way, but you can do your own maths.
I've had an Omega Seamaster for 22 years now and for probably 18 of those it was my daily wearer, yes it had picked up a few scuffs and scrapes but sending it off to Omega for a service every 3 or 4 years, it would come back like new. Recently had a new bezel fitted due to it being whacked in to a wall but still looks as good as new. Doubt I'd have any problem selling it for the market value.Cousin Jack wrote: Thu Feb 03, 2022 2:12 pmYou only actually make the gain when you sell the watch. I like 'good' watches, especially Rolex and Omega, but if I had several £000's tied up in a watch I would be very wary of wearing it. Day to day scuffs tend to knock the values down a bit.v8-powered wrote: Thu Feb 03, 2022 12:23 pmI'm running at 31% average gain at the moment. I will try use this on the missus to justify another purchase..Potter wrote: Thu Feb 03, 2022 11:58 am
A year later, that percentage increase ranges from 47% to 198% increase.
I was going to C&P the tracker but you can see the values and someone would take it the wrong way, but you can do your own maths.
I will forgo the 'profit' and stick to watches that I can wear.
This is a watch thread. Now go away and stand in the corner and have a think about your actions. Come back when you’re willing to apologise and maybe you can join in again!Asian Boss wrote: Sat Feb 05, 2022 5:42 pm For the first time in about 30 years I've seen a watch I really quite like.
Not as an attempt to puff my chest out to other wankers nor to impress cheap women with too much makeup. But because of what it does. And I like the orange strap.
https://www.cotswoldoutdoor.com/p/garmi ... 14190.html
Sadly it's probably not a goer as it's huge an I have dead thin, scrawny wrists like someone who's never done a proper day's work in their life and gets by by occasionally turning up the Home Counties accent and bluffing it.
It is tempting though. All those maps! In a watch! With an orange strap!
Not really, a balance sheet doesn’t comprise of only cash.Cousin Jack wrote: Thu Feb 03, 2022 2:12 pm You only actually make the gain when you sell the watch.
Of course it is. Any type of wealth/asset is the same, be it shares, property, gold or cars. The value can go up or down. This even applies to cash (as we’re finding out at the moment due to inflation).Potter wrote: Sun Feb 06, 2022 9:41 am
I'm always having this argument with our CFO, to me a balance sheet isn't a very useful measure unless you're about to use the information to actually do something. An asset on your balance sheet can go up or down by any amount you want, but unless you're going to use that information to take a position (buy, sell, loan on the strength of it, get someone to invest in you, sell a bond, create some sort of derivative transaction, etc) then it's just a snapshot in time and little more than a curiosity.
They're also very distracting and lure people into panic, all my current (watch) balance sheet is doing is tempting me to sell
Is this a subtle dig at the correlation between watch and penis sizes? 'cause if so that's just mean.wheelnut wrote: Sun Feb 06, 2022 10:13 am There are other tools available to measure other things though.
Yeah, my limit is about 41mm and even then …..Cousin Jack wrote: Sun Feb 06, 2022 1:07 pm My boss used to go in for mahoosive watches. He was 6'2" and well built, and it looked huge on him.
Imagine my 5'8" skinny wrist with a 46 or 47mm monster on it!
I must a traditionalist - I prefer the look of the earlier ones.Potter wrote: Fri Feb 18, 2022 2:51 am Had a bit of good news, I got a call telling me to come and collect the Submariner I put on order about a year ago.
Originally it was ordered for my boy's 18th, but he doesn't want it, so it's going into the bank safe deposit box for now.