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Is the recent drop in the financial markets affecting your decision to purchase a watch?

  1. boltman Oct 29, 2018

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    Curious to see how the demand for new, and the value for vintage watches may be affected by the recent selloff.
     
    superfly and BenBagbag like this.
  2. midcentury Oct 29, 2018

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    If a correction like this impacts whether or not you can buy a watch, you mismanaged your situation long ago.

    :whistling:
     
    Skyjack, MMMD, Waltesefalcon and 12 others like this.
  3. Stufflers Mom Oct 29, 2018

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    I don't give it much thought. I'm selling three watches on ebay right now and I will be spending all of the money raised on two more watches.
     
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  4. The Father Went out for smokes in ‘78 not seen since Oct 29, 2018

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    selloff?
    More or less at were it opened in 2018, but still up biggly from 2016.
     
    superfly likes this.
  5. gemini4 Hoarder Of Speed et alia Oct 29, 2018

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    I’m gonna trade a basket of watches for a basket of stocks.
     
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  6. ras47 Oct 29, 2018

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    My decision to buy or not buy is based on

    1. What I want.
    2. Availability.
    3. Price.
    .
    .
    .
    .
    .
    .
    .
    4. Is my wife watching... :D
     
  7. gostang9 Oct 29, 2018

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    Close, but often #4 precedes all others... ;)
     
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  8. BlackTalon This Space for Rent Oct 29, 2018

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    Looking to take advantage of the current sale on stocks definitely affects my watch budget.

    ...or at least it would affect it if I had not already spent the budget earlier in 2018.

    And then spent some more...

    ...and some more...

    :D
     
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  9. MaiLollo Oct 29, 2018

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    No.
     
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  10. mgmarsh39 Oct 29, 2018

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    My investments don’t like it :(
     
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  11. The Father Went out for smokes in ‘78 not seen since Oct 29, 2018

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    She must not be watching too hard based on your cool watches
     
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  12. nonuffinkbloke #1 Nigel Mansell Fan Oct 29, 2018

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    No pockets in a shroud mate! Don't worry about all that old 'save your money' cobblers :)....get it spent on a nice vintage, pre-moon, Omega Speedmaster..... before you pop your clogs! :eek:
     
    MMMD and Gefa like this.
  13. cicindela Steve @ ΩF Staff Member Oct 29, 2018

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    Yep did a sell off.........................to pay for new watches.
     
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  14. Gefa Oct 29, 2018

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    I am lucky to collect vintage speedmasters, they look all the same ( in the eyes of my wife) so she do not realize when I have bought another one ::psy::
     
  15. gemini4 Hoarder Of Speed et alia Oct 29, 2018

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    I guess you haven’t heard the story of the member(s) wives who joined OF to check on their husbands?
     
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  16. Gefa Oct 29, 2018

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    :eek: there are women on OF?
     
  17. gemini4 Hoarder Of Speed et alia Oct 29, 2018

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    My take on the recent financial market sell off is to fund new kitchens worldwide.
     
  18. flw history nerd Oct 29, 2018

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    The ups and downs of the market affect my retirement accounts, but not my immediate liquidity ... I've learned to look away when volatility strikes, and just ride it out. I'm saving for a new watch for the wife as we speak, stock market or no stock market.
     
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  19. 1972Steve Oct 29, 2018

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    I’m not retiring anytime soon. If watches come down I will buy.
     
    flw likes this.
  20. dwboston Oct 29, 2018

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    The S&P 500 is up nearly 300% since the market bottomed in March of 2009, without a significant correction. Stocks were long overdue to correct - valuations have gotten ridiculous, especially among the FANG stocks that have been driving the market. Maybe a market correction will bring some sanity to watch prices in the secondary market as overstretched "collectors" need liquidity.
     
    chipsotoole, shishy and superfly like this.