The Breitling Watch Source Forums

If you're main objective is to buy a watch you can flip in times of need then you should stick with Rolex or Patek. And if you do go with either of these it's advisable to stay away from precious metals if resale is your concern.

Splifftoken, you appear to be thinking about the prospect of being broke again and using the watch "investment" to get through. Perhaps because I have no watch investment expertise to add.....................

Emergency funds, a broad investment portfolio, reasonable net worth, and a reliable income & expense balance should be in place before venturing into illiquid specialty market "investments" such as watches. Yes, watches can be converted to cash; however fast, emergency or down market conversions typically come at a discount and with a transaction cost.

Successful investors in specialty markets are deeply knowledgeable, understand the history of their portfolio, and closely monitor the market trends. They time their buys and know when to sell. They are somewhat different from either consumers (e.g. wearers of nice watches) or true (watch) collectors. Successful investors have both an analytical and visceral feel for their investments, and have built expertise through their personal successes and failures. They don't ask others because that's following the (usually wrong) herd, or getting an answer in isolation of broader considerations. Long time investors welcome new "investors" into their markets - they creates chaos, churn and therefore opportunities. When times are tough and emergency funds are most likely to be needed, investors are buying investments (at low prices) - not selling.

So, if you want a nice watch and are comfortable with your financial status, then go for it!! But considering a single watch (Breitling or otherwise) an investment and hedge against a personal SHTF scenario is playing against the odds and not your best alternative.

Splifftoken, If I misread your situation, apologies and ignore my reply.

Desert Hiker

If I had that money going spare I would buy gold it's value at this time is low and will go up in the future.buy a breitling the value will go down, you will also have to pay around £500 to have it serviced in the future.i owned a breitling blackbird and saw the same model for sale for £6000 when I came to sell it I was offered £1000 ,if you want to lose money buy a breitling

I am sorry, to disappoint You, but it is really tough for a watch to hold the retail price. If You sell a one year old, used watch for half the retail, You are quite good. If it has not or hardly been worn, You might get more, but hardly 75% of retail.

In fact there was a big price increase for the last 15 years concerning retail price. But that was mostly due to the strong swiss franc (or rather the weak dollar and euro), an enormous increase in movement prices (due to ETA...) and a higher inflation rate, than goverments want us to believe.

You could buy a Patek Philippe watch for half the nowadays retail about 15 years ago. And if it is a precious metal product, You can sell it for more than the former retail now, although You still have to remember, that 10k dollar or euro was worth a lot more 15 years ago, than now.

Now comes the tricky part: If You expect the dollar/euro to fall in comparison to the swiss franc and the inflation rate to increase for the next ten Years, You might be successful to sell a watch for more then the actual retail price. But remember to leave it in a box (some times in a mover) and remember, that You will get a lot less for the same amount of money in ten Years than now.

A watch is not an investment, but its a statement and a piece of "armjewelery", although some people use the investment option as an excuse to spend a lot of money on it.

BG
Thomas

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http://www.ellert.at

Hey Splifftoken

If you love the Breitling Navitimer Cosmonaute Black Steel, then thats the one you should get, but buy it purely because you love it rather than as an investment, you might aswell get years of joy wearing a watch you love rather than a boring looking model that MIGHT increase in value!

I would choose Happiness over money anyday

Aziza

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Banks Lyon Team
http://www.bankslyon.co.uk
01524 384858

I agree and well said!

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"A man with one watch knows what time it is; a man with two watches is never quite sure."

That's what I told myself the day that I got married

HAHA! Women love to spend dont they, me included

_________________
Banks Lyon Team
http://www.bankslyon.co.uk
01524 384858