Anyone want to puke
I bought a Plat 40MM Tourbillon AND a 40MM Ruthenium Tourbillon in palm Beach in 2008 from Francois and the AD at an event for $185K. The crash caused me to sell them both at $185K in 2009. OOOOPS. Francois was the one that pulled the Ruthenium out of the...
Feel for you. But sometimes you have
to do what you have to do and cannot predict these things.
If you had put that 185k into Apple stock in 2009
It would be worth about 5.5 million today. So…watches are not investments
That doesn't help!
Yeah, can't complain about what you didn't do. Personally, that Turbograph I bought I love more so I'll get over it.
$8.7 million
In, 1997 I bought a $5k bike. If I had bought Apple stock I would have $8.7 million! 🤮
They are going for about 400 to 500k a piece right now
About the same rate of return as the S&P 500 in the same time period.
It took a long time for one to feel like puking though.
And there were other reasons to feel nauseous between 2009 and now. It was abundantly clear however, even in 2009, that Journe was different. My regrets are different, more so rueful for the ones I did not buy. But everyone that has been collecting (or sp...
for me it’s the regrets of not buying
Especially T30 and ruthinium Resonance… and all three Vagabondage. In hindsight it is the stockmarket that I have much bigger regrets about not buying certain companies way back.
Me too.
And every time I purchase an expensive watch, I think about the potential opportunity cost by not investing the money in stocks.
Yes, agree
Especially after accumulating too many. Having a nice little collection is ok. I get a great amount of enjoyment from wearing them but it’s those sitting in my bank that I feel increasingly uncomfortable about. Sadly I’m better at buying than selling 😅 ...
I don’t understand.
Who bought the watches from you in 2009? Both are great models. But 2009 was a crazy time.