IceCreamKid
With Great Power Comes Great Electricity Bill
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The fact that I'm investing in watches doesn't necessarily mean that I'm against investing in the financial markets. I simply prefer watch investing because I know exactly how much profit I can make and exactly how much I can lose BEFORE buying.I have no idea what the watch market is based on. But if your strategy is to bet against the financial market, by amassing a watch collection, isn't that taking on a portfolio somewhat tied to the financial market?
If your prediction came/comes to pass, and everyone loses their shirt in the market, will the premium value of your watches hold? Would there be buyers at the premium price, now everyone is shirtless and worrying more about fundamental things?
Since I don't know about the "investment grade" watch market, I'm only speculating here. What sold you on the watch investment?
I also like it because it's a networking tool. I live in Silicon Valley where having tons of money doesn't make you unique. Having quirky shared interests with others does.

Here's a chart for the Omega Speedmaster. It currently sells for between $4,400 on the low end to $4,900 on the high end. You can negotiate them down to $3,500 all day long and sell for $4k for a quick 14% profit with almost zero risk. Obviously not all sellers will want to give it to you for that price, but you'd be surprised how many will. Life happens: divorce, upgrading the collection, needing to liquidate fast, etc.
If for some reason you don't buy it correctly, just sit on it and let the value rise over time since the government will inflate the cost of living for everybody.
Certain brands are more tied to the financial markets than Omega. The main ones are Rolex, Patek, Audemars Piguet, and Richard Mille. There's an entire strategy to investing in those brands. Too much for just one post.
You should be encouraged when an investment vehicle is viewed with doubt and uncertainty by the masses. That's where the juicy profit margins are.
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