Well, of course 17k is a lot of money. But for me that's not a real business model. I can not live from 17k a year. My dog costs 17k a year. I should have bought that chihuahua.
If I had a dog costing $17k / year I’d be shopping for a cat, or an Aibo. A child costing $17k / year better be getting good grades and not skiving off.
Probably spend $17k a year to catch one of these every few years.
Price per Kilogram is crazy if I ever worked it out.
Same as watch collecting the knowledge needed is paramount….
You can hire him to protect your inventory. I rent him out for 17k a year
Probably spend $17k a year to catch one of these every few years.
Price per Kilogram is crazy if I ever worked it out.
Same as watch collecting the knowledge needed is paramount….
That looks like an ordinary Yellow Fin Carp from Europe.....
So far this is 5 pages of people giving you honest examples/reasons why being a watch trader is tough and the pitfalls you’ll face, along with first hand experience of new traders who started on this very forum and ended up being banned for unscrupulous practices. Then you telling people either they’re wrong or focussing in the negatives.
To take it back and start afresh to a degree, why don’t tell us what you’re high level Plan is?
How much capital are you setting aside?
Are you focussing on sales? If so vintage/used/new?
Will you sell high volume, low margin, unserviced into the trade or lower volume, higher margin by targeting buyers with money who have no experience of watches and are swayed by the experience and confidence buying from a dealer brings?
What value will you add?
Where will you source your watches?
What sales platform will you use? Online or B+M?
What are your thoughts on returns/after sales are?
Alternatively are you simply saying you’re going to be a collector who flips/sells a small number of watches a year, like many of us do, but formalises this on your tax return and with a limited company for the tax benefits? These are two hugely different things.
I'm happy with the dog pics from now and what I've learnt. Let keep it going that way. .
I don't really want any more advice, but thank you for your concern.
So as I said before your comment about “sharing experiences to build a better community” wasn’t true. The thread hasn’t gone the way you hoped so you’re taking your ball home rather than trying to get back on track to create a useful thread that could be used by other in the future.
OK stop trolling now. This thread will be lost in obscurity soon and will just be a faint memory.
OK stop trolling now. This thread will be lost in obscurity soon and will just be a faint memory.
