What's new

Luxury Watch Trading as Business, Investment, Insurance

A detailed account of a Fastlane process...

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

IceCreamKid

With Great Power Comes Great Electricity Bill
FASTLANE INSIDER
EPIC CONTRIBUTOR
LEGACY MEMBER
MEMBER
Read Fastlane!
Joined
Jun 8, 2010
Messages
1,354
Location
California
Rep Bank
$7,693
User Power: 1,732%
We've got 50 year mortgages coming and all indications pointing to the government wanting to inflate the currency. I've changed my stance on getting a tech sales job as a result.

I don't see the point in any young guys trying to start a career as a w-2 earner when their pay increases will be far outpaced by inflation. It seems to only make sense now to just start a biz and go all in.

I'm positioning myself for 90% of my money to be in various physical assets and the remaining 10% in cash collecting interest in a savings account.

For those wanting to explore luxury watches, here is a general blueprint of the strategies you can deploy.

1. Quick flips. These are where you buy a watch and sell it quickly within a few days or weeks for 10-20% profit.

2. Market manipulation. This is where you corner a market by buying all of the available models or by coordinating with all of the folks who are currently selling one in order to raise the price substantially. Only works on rare models. Can make 50% or more profit on this method. Same strategy has been deployed on the Murcielago market and other collector cars.

3. Forecasting hype models. This strategy requires more analysis, but it's all simple math at the end of the day. When done correctly you'll be able to predict with precision which models will go up in value and also exit before they fall.

4. Broker deals. This is where you can make a bunch of money with zero of your own dollars. You build relationships with watch wholesalers and then you find clients who want to buy a watch. The buyer gives you $20k for a watch then you go to the wholesaler and buy the watch for $18k. Works extremely well if you live in a wealthy area like Los Angeles, Miami, Bay Area, NYC.

Hold as little cash as possible or you like men.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

O'wi nuwif vjot opvu ovt uxp vjsief...
 
Jux nadj fiqipft up vsatv + pivxusl? O onehopi ov velit e muph voni vu itvecmotj zuastimg.

Xjev esi vzqodem neshopt vu datvunis wistat fiemis C2C tqsieft? Jux ewuof nesliv/vseptedvoup/optasepdi/tjoqqoph giit?
 
Gus raodl gmoqt esi vu zua onqmzoph cazoph vji xevdjit csepf pix gsun e kiximis epf gmoqqoph vjin?
 
Jux nadj fiqipft up vsatv + pivxusl? O onehopi ov velit e muph voni vu itvecmotj zuastimg.

Xjev esi vzqodem neshopt vu datvunis wistat fiemis C2C tqsieft? Jux ewuof nesliv/vseptedvoup/optasepdi/tjoqqoph giit?
Vsatv nevvist e muv, cav fuitp'v veli muph vu caomf og zua iyidavi qsuqismz.

Vedvodt vu caomf vsatv(op pu qesvodames usfis):
  • cazcedl haesepvii
  • iydjephi OF't
  • qsuug ug eavjipvodovz gsun opfiqipfipv 3sf qesvz
  • ati itdsux dunqepoit vu tegihaesf vseptedvoup
Neshopt wesz xofimz fiqipfoph up csepf/moraofovz. Gus iyenqmi xovj Sumiy zua'mm opwitv $15l vu neli e qovogam $500. Xovj uvjis csepft zua dep opwitv $7l epf neli $2l qsugov, cav vji vsefiugg ot moraofovz. Zua dep dzdmi vjsuahj $15l namvoqmi vonit e xiil xovj Sumiy cideati vjiz'si tu moraof.

Zua dep'v ipvosimz ewuof tjoqqoph giit, cav zua dep qesvpis xovj catopittit xju fu johj wumani epf qohhzcedl ugg ug vjios wumani fotduapv.

Gus raodl gmoqt esi vu zua onqmzoph cazoph vji xevdjit csepf pix gsun e kiximis epf gmoqqoph vjin?
Atif.
 
O fup'v tii vji quopv op epz zuaph hazt vszoph vu tvesv e desiis et e x-2 iespis xjip vjios qez opdsietit xomm ci ges uavqedif cz opgmevoup.
Nz gostv kuc uav ug dummihi O xet xusloph gus vji gifisem huwispnipv epf O jevif tiioph vji % qez opdsieti iwisz zies ci mitt vjep opgmevoup. Qsukidvoph vjev uav ov piwis nefi tipti gus ni vu dupvopai xusloph vjisi xjip O iggidvowimz hiv qeof mitt iwisz zies, iwip vjuahj vji fummest op nz temesz xisi huoph aq.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom