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 Watches as a store of value

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rx330
post Apr 26 2021, 10:43 AM

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40k can get u Airking, 41 smooth DJ, and milgauss I think


rx330
post Apr 27 2021, 09:50 AM

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QUOTE(friedricetheman @ Apr 26 2021, 03:04 PM)
Fluted bezel with jubilee bracelet reminds me of my French Professor in college. Too apek lah.

Smooth bezel and oyster bracelet is the better option for us Gen Y WIS..
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im in the ah Pek category... die die must flute n jubilee
rx330
post Apr 28 2021, 12:27 PM

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QUOTE(Mattressdepot @ Apr 28 2021, 11:22 AM)
currently if u buy a rolex watch from the grey, u r basically converting the cash into a watch. but grey stock doesnt appreciate much because the price kena goreng already.

if u sell back to the grey, they potong 10-15% from the price u pay. in another word, if u decide to buy a rolex from the grey, u r instantly rugi the value once stepping out the shop. just like buying a car. when the wheels touch the road, the value gone -10%.

u earn to own, but u barely earn when sell.
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depends also, if u bought a Pepsi from grey since lets say last year, at 75k, the current price for new is about 92k, there is still a buffer of 17k, I'm very certain the grey would buy back ur Pepsi at 80k or for an 1 year old unit Pepsi
so u make 5k n ownership of a year tongue.gif tongue.gif
rx330
post Apr 29 2021, 09:18 AM

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QUOTE(friedricetheman @ Apr 28 2021, 09:38 PM)
Actually, to tell you the truth, flexing with a watch is the wrong thing to do as there are so many fakes that anyone with RM2k can get a superfake Rolex to impress the ladies..


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woi... dont personal attack ler
normally I use the fake PP to attract ladies tongue.gif tongue.gif

regardless the 92k sustainable or not, seriously the amount of ppl tat buy off at that grey price is tremendous
they may not be as knowledgable in watches as you guys, but heck, I like tat watch, I can afford it at 90k, I seriously DGAF what you say hahahah
And yes they are only into watches, but u can't blame them, by the time they want it, u can't get it at retail already, sometimes dont really have a choice, u tell them go buy other brand la, but other brand they x suka, then amacam

so bite bullet pay 92k lor

maybe they like to flex, maybe they dont, but obviously they have money to burn
rx330
post Apr 29 2021, 02:45 PM

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ok la, what I'm saying is, money is theirs, they buy wat they want or spend how they want it

we just buy apa yg Kita suka will do, be it flex or no flex

but damn... 90k for SS Rolex is really out of this world, and 150k for SS day hahah
never saw tat coming I would say

 

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