Hello everyone! There seems to be some SPAM because we mentioned investing. Just ignore it pls. We don’t want to talk on WhatsApp. Even if it’s “our” account!
Guys, I feel sick watching this video. You "invest in crypto" lmfao. Wtf does that even mean? 98% of all cryptos are scams. And you have "hedge funds recommending to buy watches", do you know how many hedge funs lose money end of day? Plenty. Funny how you try to portray yourselves as financial gurus - only bec the watch market took off.
*I'm glad I came across this video, I ask politely ,does anyone know how I can go about growing $50k dollars I have? I am very open to all suggestions and recommendations. God bless*
I will suggest you get a RIA who would help build investment plans and channel your money on something Lucrative ,which in a short term , would bring in better returns. Its just a personal opinion tho.
@@marchettibianca1367 I was able to invest,and build a portfolio through the help I got from Rodney Hamilton Steve a *RIA* , who did not only advised me well , but also managed my portfolio to prevent any loss. I’m sure there are a lot of RIAs out there , but I'm glad I chose to work with *Rodney Hamilton Steve* . Today , I own a *Portfolio* worth *$500k* which is clear evidence of *Rodney Hamilton Steve* great work.
@@angelolucas70 That’s so awesome!! How can I connect with such an experience Investment adviser as I’m willing to work with him. I really hope you don’t mind and that it’s okay with you to share his information here with me?
@@marchettibianca1367 You can look him up on the *INTERNET* where you can get necessary info about him as well as reach out to him. Do the check using his full name; *RODNEY HAMILTON STEVE*
I think you mean, Christian? He's young, seems to have worked hard, and has experienced a degree of success. If there is some cockiness, then that will surely be dealt with through living life. Life (adversity) has its ways of exposing weaknesses such as these, in all of our lives. None of us are exempt.
When everyone is making money on watches, every watch keeps going up and every one is now a watch dealer, isn't it time to get the heck out? LOL I think so.
This is total bs. The number one rule of honest youTubers has always been a disclaimer that watches are not an investment, so you know there is something wrong when a channel starts hawking watches as an investment. I live in a city that is a major hub for the international jewelry trade and there is such a glut of Rolexes, even Daytonas, that dealers are refusing to take in new pieces and flippers are losing money. This is now more "Boiler Room" than "Wall Street". For even more proof, even Rolex itself is hyping its own scarcity. Shady.
Almost every market is on fire right now. This is not unique to watches. The stock market, housing market, NFTs, art, etc. Literally, every single market. I’m not gonna try to predict the future but once the Fed raises interest rates, let’s see what happens to these ‘collectible’ markets. There’s far too much ‘funny money’ in the system, a correction is in order.
That speedy looks terrible on your wrist. Too big and too much gold on your wrist. Not making any favor to Omega by showing that picture. Any vintage seamaster suits you better, and yoy know it. Speedy? Then the reduced is your thing. You are welcome! :)))))))))
I can’t wait for all these rich SOBs who just buy watches to make money to disappear and move on to the next cash grab. This isn’t the stock market, it’s a hobby. And nothing against you, Christian, because you care about them and keep some for yourself - it’s a business. Very different. But people who have a safe full of Rolexes and then will sell them as “like new” in five years having never worn them? GTFO…
Love you guys but a clearer contrarian indicator would be hard to find. Maybe people having Beanie Baby 401Ks in 1998 would be clearer. Sorry, perhaps an outdated reference given you guys didn’t have hair on your pencils yet by that year. Channel remains awesome though.
Horrible. Watches are not good investments. Even in the best case, broad stock market investment of the funds you would invest in watches will have superior returns. You can't diversify watches very well, either.
Hi guys Love your video, so cool attitude By the way, BB shirt, nice glaces, Rolex 36 mm, very cool. If you wear chino and sperry topsides, you are real ivy league boy. It’s always a cool attitude
Haha..just horrible.the guy on the left so submissive to the guy with glasses: what u said my arrogant pretentious master as long as I keep my job hahaha
I invest in Rolex watches as a hedge against inflation (📈). It's much better than hiding my money underneath my mattress. It's a bonus that I'm genuinely into them and love wearing them as well.
I have another thought. We should not buy watch from grey martkets, if you do so, eventually you sponsor those flippers, bcos when you buy from grey markets meaning you buy from those flippers and so they will continue go back to their AD to get new watches, and consequently the AD will not have any leftover pieces for those sincerely waiting for a piece from the AD. And it's on and on. Hence, just be patient and sit back and there should have an opporrunity later to get from the AD. 😊
A gallon of milk in Pennsylvania has gone from $4 to $5 in less a year. 20%.... demand and value is part of watch price increasing. But remember inflation because of all the money "printed in u.s." in last year may have some market changes also. Now and in future. Good and bad
I love these videos and would love to see something about vintage Grand Seiko or maybe something about Dutch watch manufacturers, we have a couple very high quality manufacturers!
@@scottc6946 In the car market, we've already seen a sharp decline in prices for cars on a rolling basis: first '50s cars. Now we are seeing a softening of the market for '60s muscle cars. On the other hand, the market has strengthened for '90s supercars, which makes sense: Millennials that dreamt about those cars are now coming into money that makes buying them possible. We probably will see a similar trend with watches, but the cliff will be sharper. The generation that never wore watches will come of age and just...not care. Smartwatches are the new Quartz Crisis.
@@OuijTube although, it’s not just boomers. I’m Gen X and want a Rolex. What’s interesting too is my friends son who is a high school senior said his classmates wanted to wear Rolexes for their prom.
That G-Shock is friggin' UGLY. But it's fine because Casio doesn't make watches anyway ... they make wrist computers. Like Apple, but less expensive and pretentious. 😋 That AP subdial is also absurd and looks stupid on the Royal Oak.
Buy low sell high with watches means getting a new Rolex at the AD and flipping it while the flipping is good. The Chrono24 prices are inflated, and flipping without a buyer eager to get your watch that knows you (a.k.a. grey dealer) will greatly reduce your return.
Long term investment is the best now. I invested $3,500 in march and i top up my trade with $200 every week. Now, I'm having over $87,000 on my dashboard. Toping up your trade is really important
Fully agree. The chance of being able to buy a Rolex at retail, at least here in the UK, is practically impossible - the number of hoops you have to jump through at the AD just to get on the fabled waiting list is obscene. Grey market prices or pre-owned models, sometimes two or three times higher than retail? Forget it. How anyone is expected to make money that way, god only knows. I'd rather buy more interesting pieces, usually vintage, that you just don't see on everyone else.
@@neilmartin7776 yeah , i just can't justify spending 7 to 11 grand on a Rolex , when i can get 2 or 3 really great high horology watches for the same amount.
@@neilmartin7776 the only Rolex i would ever consider buying nowadays would be a 36mm two tone datejust. The perfect and most classy Rolex imo. Even explorers 2's are going up in value like mad. 😂
@@HRM.H it's ridiculous, really. It's not even as if Rolex is haute horology - they're tool watches at heart that have been dressed in precious metals in recent years, and have had a mythos surrounding them that makes the herd swoon and believe that they're the best thing ever. From a technical standpoint, Omega are far superior, and cheaper and easier to get (at least for now, they're also going up). But if I can get a JLC, an IWC or a Girard Perregaux pre-owned for the same price as a retail Submariner, I'd rather get them. Much better watches, far more interesting.
In my opinion what happened is that in the past 5 years a huge amount of people started buying watches, but I’m not sure that in the next years the number will continue to grow that much. A Gmt 16710 could be bought for 5k in 2015 and now is 12k€. I seriously doubt that it is going to be 30k€ in the next 5 years.
So if a standard DJ is $10k, what is the future of stainless sports watches. My Submariner (16610) is currently way over valued. Sounds like it's going to get worse.
Love the channel but this is a total sales pitch. If you’re that confident in an assets rising in price, you don’t unload them at 5% (which your markups are higher anyhow), you would hoard the assets to get a higher return. For new watch buyers, don’t listen. The datejust is already in a delusional price zone, don’t buy a $5,000 datejust. You will regret it.
There is a saying in the world of financial trading " when the ducks quack feed them" when the buying frenzy is pushing the market up it may be time to offer some of your position.. but make those necks stretch !.....
Why not talk about independents as investments? Is this because you don’t think they’re investment grade? Is this because there’s too much risk with independents? Or is it simply because you don’t have a passion for them ?
Rolex OP36 steel dial was £4100 in 2019.. A 2020 model on sale on watchfinder £6950.. what is this madness also check the pink dial versions on on there
Maybe, people will just be buying other watches when an old, standard mass product Datejust hits $10k... making men's toys scarce in supply and unobtainable just annoys the f*** out of people, in the long run... just a thought...
re: watches as investments, you guys are speaking about a very rare period of time. Economic stimulus from fed money printing has caused all assets to appreciate abnormally, look at prices of cars, boats, etc. Would we normally say those items are also good investments, because 'hey, look, they have gone up the last year!'?
I invested in a Rolex Explorer ref# 114270 in 2007 and glad I did. I still like to get a Submariner no date 1 day 40mm I prefer over 41. I love hearing about watches being as a tool watch. Now if someone gets a scratch they want to have it removed smfh
I may be crazy but I have just sold my Daytona and bought the JLC Master Control Chrono Calendar (based initially on your review). I prefer the beauty of the JLC over the investment of the Daytona 😱😁🥃
The moment I think of my watch hobby as a money making venture, it would ruin the whole hobby for me. This is good info for those people who want to be flippers, but flippers hurt the hobby for those who buy watches to wear and collect by hurting availability at ADs. They do this by getting hard to get watches at retail from the AD, selling them to grey markets for profit, who then sells them for even higher prices.
@@andrewhartley10 Hell yeah dude. It was my first (and only) and I've worn it non-stop since I got it five years ago. You just bought yourself the most versatile vintage watch IMO. Weddings, formal events, beach trips, daily - it's just right and unobtrusive enough to complement any outfit. Stoked af for you.
Really your most interesting discussion to date. I agree with a lot of what you both said re: investment but with all due respect to your success (which is well deserved) your overall time horizon is way too short to have any real perspective. Most watch dealers have been around less than 10 years, which means they have known nothing but a general economic boom and generally good financial times. At some point, that will change, and when it does, everything will be pulled down with it.
