Below are the 2 most recent journal entries recorded in randycruz844's InsaneJournal:

Thursday, December 8th, 2011
12:31 am	Why Luxury Watches Make Such a Good Investment The finer things in life are always desired, dark red, rare art, beautiful homes and most assuredly luxury watches. If you're considering whether or not to spend your hard earned money (often 1000s of dollars) on a luxury watch as an investment, think about the following. INVESTOR NOTE: Any investment ought to be made with money that you can afford to lose, never invest the rent or grocery money dreaming about a large payday; invest together with your head, not your feelings. A high level beginner collector, take time to study the marketplace, learning around you can and creating a discriminating eye. When you are able learn how to take a look at brand, begin to see the quality (or insufficient) study the mechanisms, escapements, dials, bands and bezels, you'll begin to have a genuine collector's eye. Depending on your budget (and taste) many collectors advise purchasing a lesser quantity of more expensive and exclusive pieces, as opposed to a volume of the ones from lesser value and aesthetics. VALUE: Most watches (as fine automobiles) lose value once they you go out the leading door from the store. A collector (particularly one by having an eye toward investing) will seek out models that retain (or rise) in value over time. TIP: Whenever you make the choice to put money into watches choose vintage or rare pieces. luxury watches Such as the stock market, the field of watches may also be speculative and frequently volatile. Between 2004 - 2008 vintage watches soared and it seemed anyone might make a quick return. That bubble burst (most of them eventually do) and many high prices pieces dropped as much as 50% or even more. It is all about timing (since many things financial are) and the world famous Christie's ah reports the atmosphere looks up, with many wealthy clients putting their money into watches, rather than the market. SUCCESS STORY: A 1942 Patek Phillipe sold for $2.77 million at auction, nearly doubling its purchase price. Entering the marketplace Any investment, if the stock exchange, real estate or watches requires discretionary funds, however that doesn't mean only the wealthy can invest, there are lower prices opportunities for all those having a keen eye. PROVEN WINNERS: · Pateks in the 1940s and 1950s (known for focus on detail and unusual design omega watches · Special edition Audemars Piguet, Breguet, A. Lange & Sohne, Vacheron Constantin · Independents likes F.P. Journe, Greubel and Richard Mille The End of Days Riding on the coattails of fame, "The End of Days" from by Audemars Piguet, manufactured in conjunction with the film "End of Days" starring Arnold Schwarzenegger retailed for about $14,000 in 1999; one was sold recently for $85,000 Presuming you do find a luxury of worth, how long should you wait until you sell? While times and the market fluctuate, a good rule of thumb is 20 years. In that time you are able to (should you wish) wear neglect the or ensure that it stays safe and secure inside a safety deposit box. When you purchase a luxury watch, you're buying a thing of beauty, craftsmanship, and history. Certainly the piece will always possess the intrinsic value of it gold, silver or jewels, but it the sum total of those elements, the watch itself that ticks through the sand of that time period providing you with it true value. That is certainly a period piece but it's also a treasure that's timeless. (Comment on this)
12:29 am	Why Luxury Watches Make Such a Good Investment The finer things in everyday life will always be sought after, dark red, rare art, beautiful homes and most assuredly luxury watches. If you're considering whether or not to spend your money (often 1000s of dollars) on a luxury watch as an investment, think about the following. INVESTOR NOTE: Any investment should be created using money that you can afford to lose, never invest the rent or grocery money hoping for a big payday; invest together with your head, not your emotions. If you're a beginner collector, take time to study the marketplace, learning as much as you can and creating a discriminating eye. When you are able learn how to look at brand, see the quality (or lack of) study the mechanisms, escapements, dials, bands and bezels, you'll begin to have a true collector's eye. Based on your budget (and taste) many collectors advise buying a lesser quantity of more expensive and exclusive pieces, rather than a quantity of those of lesser value and aesthetics. VALUE: Most watches (as fine automobiles) lose value once they you walk out the leading door of the store. A collector (particularly one by having an eye toward investing) will look for models that retain (or rise) in value over time. TIP: When you make the choice to put money into watches choose vintage or rare pieces. luxury watches Such as the stock market, the world of watches can also be speculative and often volatile. Between 2004 - 2008 vintage watches soared also it seemed anyone might make a fast return. That bubble burst (most of them eventually do) and several high prices pieces dropped around 50% or more. It is all about timing (as most things financial are) and the world famous Christie's auction house reports the mood looks up, with lots of wealthy clients putting their cash into watches, as opposed to the market. SUCCESS STORY: A 1942 Patek Phillipe sold for $2.77 million at auction, nearly doubling its cost. Entering the Market Any investment, whether the stock market, property or watches requires discretionary funds, however i am not saying just the wealthy can invest, there are lower prices opportunities for all those having a keen eye. PROVEN WINNERS: · Pateks in the 1940s and 1950s (noted for attention to detail and unusual design cartier watches · Special edition Audemars Piguet, Breguet, A. Lange & Sohne, Vacheron Constantin · Independents likes F.P. Journe, Greubel and Richard Mille The finish of Days Riding around the coattails of fame, "The End of Days" from by Audemars Piguet, manufactured in conjunction with the film "End of Days" starring Arnold Schwarzenegger retailed for approximately $14,000 in 1999; one was sold recently for $85,000 Presuming you do find a luxury of worth, how long should you wait until you sell? While times and also the market fluctuate, a great rule of thumb is Two decades. During that time you can (in the event you wish) wear neglect the or keep it safe and sound inside a safety deposit box. When you purchase a luxury watch, you're purchasing a masterpiece of design, craftsmanship, and history. Certainly the piece will always have the intrinsic worth of it gold, silver or jewels, but it the sum total of these elements, the watch itself that ticks with the sand of times providing you with it true value. It is certainly a time piece but it's additionally a treasure that's timeless. (Comment on this)