Are speedmasters a good investment?

My banker called me in order to invest my money , I told them watches and Las Vegas for the remaining money give me more interest, cool attitude and responsibility

Vegas + expensive watches = bankruptcy. But it’s an enjoyable trip. 😲

Ha ha Ya your good they say 60 is the new 58 so it’s all good. The field in in now I swore of years ago. Did it for a long time really wanted a change. Found an interesting position working on equipment at a major US company one day one of my coworkers made an error cost me the use of my left hand for a couple years. So I had to crawl back to the field I swore I’d never work in again but it’s all good things could have been much worse. Perhaps watch investing is a safer field who knows.
Weird things happen in life I always liked that Cormac McCarthy quote, “we never know what’s going to happen next but it always does and it never asked our permission.”
There are a group of guys down the street from me who do three things, speculate on crypto, drink beer and play video games. I just hang out with them on occasion as they are funny as hec. So they gave me a yolo tip the other day, “put everything into ape coin it’s gonna pop.” I never heard of ape coin and I’m still not exactly sure what it does if anything but I’ll be an S.O.B. It went up 800% today. Or since they recommended it. And no I didn’t put everything in ape coin cause it sounded dumb to me. I put a little in to see what would happen. Those guys know what they want to be when they grow up and it’s not growing up. So watch investing sounds pretty tame to me when you got people putting all there net worth in “ape coin crypto.” Wtf. So now I need to avoid them for a while they are probably buying Daytonas and lambos or something.
This world is full of extremes drunk 30 year olds making a mint on apecoin while on the other side of the world people are dodging bullets and bombs. I can’t make sense of it all I’m gonna have to listen to some music.

There was an article in entrepreneur about “watch investing” last week, actually might have been this week. It’s odd lately I’m coming across quite a number of articles almost “pumping” the subject. Perhaps it’s just I’m noticing them/paying attention more or perhaps it’s a reflection on prices rising lately but sometimes it seems like a coordinated effort. I’m not trying to get to all conspiracy like but I find it odd sometimes. Money takes the fun out of watches sometimes. But obviously it’s a very real part of collecting/liking watches so take things as they come, what else is one to do.

Ok I get the message I’m going nice meeting you all take care “sniff sniff”

Another thing is in magazines like Forbes, entrepreneur and papers like WSJ which will mention watches, Patek, Rolex and several other of the big brands advertise in them. It’s been shown news (TV) will play down or ignore bad stories about companies that advertise heavily on their networks so why not help out Patek and Rolex who will take out full or half page adds. Again this is just me thinking I haven’t read any info on it but tbh I haven’t looked into it.

Yes, I’d like to hear this too!

I've invested in two Speedmasters. The returns have been phenomenal in that they both have provided me many MANY smiles each time I see and wear them!

Who knows what they would be worth if I were to trade them for money....who cares...I don't plan to!

Agreed with that. I’ve owned a total of four Speedmasters and they’ve all held their value and then some. I’m down to one Speedmaster now, a 1969 145.022 Straight Writing, and I’m unlikely to sell that one. I’d like to pick up a 321 at some point, but I’m so picky about quality that the search has been a long one.

Steel is a good investment at the moment. I have been squirrelling knife steel away due to the prices of certain steels going up lately. Some steels have doubled in 12 months.

Anyone else track your watch collection as a % if your net worth? I started doing that and, in investment terms, I think I'm insufficiently diversified. It's so dang hard to pull the trigger on rebalancing.