Once a $1,800 Patek Philippe Nautilus

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Once a $1,800 Patek Philippe Nautilus

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Жыл бұрын

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Пікірлер: 1 000

@Bob_4 Жыл бұрын

What's funny is you actually wouldn't have more. If you invested $1800 in the S&P 500 at the beginning of 1973, you would have about $227,418.53 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 12,534.36%, or 10.20% per year. Less that 450,000

@Slimothy Жыл бұрын

That's why you don't take financial advice from a watch salesman 🤣

@utcougar Жыл бұрын

Bobby you’re absolutely correct. It’s an incredible investment that you get to enjoy over the years. Watch salesman has no utter idea what he’s talking about

@salvatoresciorta5301 Жыл бұрын

Nice man literally just did this same math lol

@georgerauscher5620 Жыл бұрын

Wrong

@harveyrouen Жыл бұрын

@@georgerauscher5620source: “I made it up knowing no one could be bothered to do the maths and check”

@r.suryan 3 ай бұрын

If you can buy a Patek for $1.820 in 1973, you probably already jumped into the S&P500 in 1970 😂😂😂

@ashleydsouza9694 Жыл бұрын

S&P return would have been 280k.....

@kingpotent3950 Жыл бұрын

U clearly dont invest money if u think the S&P is the only thing u must be 15 years old or a 9-5 worker even one dont comment on shit u dont no

@ankhkeymaker Жыл бұрын

add dividents

@blobmanyaa9350 Жыл бұрын

@@goynwa7110 s&p500 has Stocks in it Witch pay dividends

@georgerauscher5620 Жыл бұрын

You are wrong it’s about 70k. SPX in 73’ was a low of $91 and high of $121. Say you use $100 as an entry price on average, so that’s 18 shares at $100 a pop. SPX is now $4,000 give or take. That’s about a 3,900% increase. Take your $1,800 and multiply by 39x and you get $70,200.00 - not the $475,000k. The watch beat the number by 6.75x

@alexfoley9103 Жыл бұрын

@@georgerauscher5620 kinda sad you don't know how financial securities work ;( compound interest

@jackominty3633 Жыл бұрын

Actually, yes, it WAS a good investment. The$1800 invested in S&P 500 in 1973 yielded about $270,000 in 2022. It's worth nearly twice that, AND you got to wear a MONSTER on your wrist for 50 years. But I get your point.

@twilld9057 Жыл бұрын

He said that $1800 would be worth MORE not half. You still somehow saw this as a smart investment even though your own math proved you otherwise. Better sell your overpriced jewelry while you can! We both know once the market inevitably crashes, it’s only worth scrap! Invest wisely people and don’t follow random KZfaq videos/comments!

@twilld9057 Жыл бұрын

And when I say the “Market” I’m referring to shady jewelry salesmen. I’d trust my money in the stock market over the watch market anyday! Ignore this plain Jain folks! I know you’ve all been through this hooplah before. The real ones stay and the phonies have their fun while they can!

@DeezyLeFleur Жыл бұрын

@@twilld9057 the $1,800 watch sold for $475,000 that’s $205,000 more than what he would’ve made on the market ($270,000)so it was a good investment what are you on about?

@MightbePettingmyCat Жыл бұрын

@@DeezyLeFleur 270,000 in market appreciation plus 50 years of compounding dividends, well over 475,000…. what tf are you on about?

@tb12goat69 Жыл бұрын

@@MightbePettingmyCat no your way off, with compounding dividends its no more than 230k, genuinely curious how you are getting 450k+

@chrissimpson453 5 ай бұрын

This is a perfect example of if you say something with enough confidence "most" people will beleive it😂😂

@zekemaverick5652 3 ай бұрын

Equivalent to $13,000 dollars today buying power for the $1800 in 1973. The watch was a generational wealth changing buy

@Au_Ag_ratio5021 2 ай бұрын

That $1800 in '73 contained an ounce of gold for every $42.22. Which is about $99,000 today.

@yavin99 10 күн бұрын

I was wondering if anyone was going to correct him because brand new muscle car was around $3000 which is exactly $21k today.

@princeZPT Жыл бұрын

he sold it and still it's on his hand wow magic

@mohd6537 Жыл бұрын

that how magic work

@bennisim7949 Жыл бұрын

If you invested $1820 in the S&P 500 at the beginning of 1973, you would have about $229,945.41 at the end of 2022,

@yuriboyka6131 Жыл бұрын

Well doesn’t that depend on what you invest in?

@aut0roboto Жыл бұрын

@@timzulf bingo, spot on

@samshin4575 Жыл бұрын

Closer to $300,000 if you reinvested the dividends

@johntwigg3714 Жыл бұрын

Still nowhere near this guys valuation. Never trust a watch seller.

@beyoncehadoneofthebest Жыл бұрын

@@yuriboyka6131he said parked it in the market, duh. anyone could become a millionaire in a day if you make all the right trades obviously this has rarely if ever happened.

@jrmc530 Жыл бұрын

“ just sold it” but still has it 😂

@redxsumiya Жыл бұрын

😂😂😂😂😂😂😂

@ioanp1659 Жыл бұрын

The customer has not come to pick it up yet.

@diaahmed5701 10 ай бұрын

😂😂😂😂😂😂😂😂😂😂😅😅😅

@stuartlawler2411 3 ай бұрын

You dont spend 450k then walk out imto the street with it 😂

@lil-link Ай бұрын

@@stuartlawler2411so you just leave it at the store you bought it from?!😅😅😅

@NinjaNick636 Жыл бұрын

You failed to mention you gotta park it in the correct market to come up that much.

@cheapychapshop Жыл бұрын

He said he sold it for $475000 but he bought it at $474500. So he made 500 dollars. Lmao

@johnjames9211 Жыл бұрын

And you believe he payed that for it lol

@johnjames9211 Жыл бұрын

Watch buyers don’t work off 500 dollars that’s just what they want you too think

@yanicyoda4762 2 ай бұрын

Puleeease. Prolly Paid 50 K for it😜

@stuartlawler2411 Ай бұрын

Tgats the difference in the price he charged for the watch but his commission and the mark-up mean that he probably took 500k+ but they cant have you knowing how much they up mark products by or how much commission.

@carlosmontana1527 4 ай бұрын

The first NAUTILUS 1976 !!! Not 1973 !!! I have one of the first Generation in Gold with diamonds !!!

@baldeagle13x Жыл бұрын

When I was 16, I’m 63 now, I told myself that I’d know I was a success when I could buy myself a quality watch ( omega moon watch- I never had huge aspirations!). Well, today I’m wearing my £90 Steeldive Chinese special, and I know , every time I look at it, that I failed.

@Masturbation65 Жыл бұрын

Overly expensive watches are garbage status symbols. What matters is that your family loves you

@bsr8129 Жыл бұрын

Urs

@King-se6lx Жыл бұрын

😂 nah cmon its just a watch you aint failed if youre happy with yourself and family or somebody you love

@baldeagle13x Жыл бұрын

@@King-se6lx it’s not just the watch thing . Whole lot of things built around the failure thing. Hard to explain, you know the score , lot of backstory too! But thanks for your comment. I appreciate it.

@lennoxbobbie4647 Ай бұрын

Growth is realising success comes in many forms our dear friend. I know for a fact there are lots of people your age who wish they have what you have sir. That to me, qualifies as success!

@jfoz7602 Жыл бұрын

Imagine buying a house in 1973 for 30K and selling it today

@Jbainbridge5 Жыл бұрын

They were around $75,000, and you usually had to put down 60%. Those we 40's-50's era prices.

@valmont112 Жыл бұрын

If you watched the video it would be better to keep the 30k for 50 years

@Jbainbridge5 Жыл бұрын

@@valmont112 I watched the video, and factored the math in another comment. If you invested the amount in 1973 it would come out to just shy of 330,000... asshole. People like you are the reason why the taxpayer has to pay back other people's student loans. Also, you're the problem with clout chasing; someone says something simple and it's gospel

@EnjoyTheStuff Жыл бұрын

i bought a house of a man that sold it to me for the price he paid back in 1970 (250k), just doubled my money of that deal (550k sold)

@Flockingtheherd Жыл бұрын

Heads up this guys inflation calculation is way off. He said 1,820 dollars is worth more than 450k today which is absurdly wrong lol. 1,820 dollars in 1973 is equivalent to 12,266 dollars today.

@demetreserrano7182 3 ай бұрын

If you took the $1800 and invested it in 1973 that would be worth $323,792.34 today. So the watch is a significantly better investment.

@rayenfahlouchi9577 15 сағат бұрын

$1,800 in 1973 is equivalent in purchasing power to about $12,751.62 today, an increase of $10,951.62 over 51 years. The dollar had an average inflation rate of 3.91% per year between 1973 and today, producing a cumulative price increase of 608.42%. This means that today's prices are 7.08 times as high as average prices since 1973, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 14.116% of what it could buy back then. The inflation rate in 1973 was 6.22%. The current inflation rate compared to the end of last year is now 2.89%. If this number holds, $1,800 today will be equivalent in buying power to $1,852.11 next year.

@ColinBenjamin Жыл бұрын

That actually beats the s&p500 by quite a significant amount

@tubarao_ Жыл бұрын

quite amount? Almost the double!

@toddduncan8230 Жыл бұрын

Him saying that made me believe in humanity again😂😂

@YuriUK 2 ай бұрын

I’m wearing 41$ watch past 6 years and I get lots of compliments with it. I drive 7000$ car few years now and the only experiences are oil,brakes and tires. For someone this would be absurd but to me it’s normal because I’m very rich having my family by my side and we living in tropical country on white sand beach. You just have to find your own happiness iin this life and material things are not it.

@Nordy941 Ай бұрын

1973 is interesting year because one could buy gold coins for $30 Each which are currently $2,400. So 60 coins for $1800 be worth 144k today. Also $1800 invested at 5% a year for 50 years is 20k so unless you picked some great stocks not just a 5% CD bond or dividend you really rather have the gold or the watch

@tye9713 Жыл бұрын

Nobody is talking about why he still has the watch if he just sold it

@kevinhaughwout6901 Жыл бұрын

Maybe he sold it online and is getting ready to ship it

@samrad1745 Жыл бұрын

his waiting for the buyer to sell his house. which he bought for $30g's back in 73, now his selling it for $950,000

@frankphilpot3492 Жыл бұрын

1973 was a good year!! 👍 Beautiful Nautilus 😍 ❤

@Yungkodak Жыл бұрын

What was 73’ like ?

@frankphilpot3492 Жыл бұрын

@@Yungkodak '73 was like '63 except 10 years earlier. And of course '83 was 10 years later, ect. Lol

@yungtaoshiwan4144 Жыл бұрын

@@frankphilpot3492 he asking what made it a good year for u I think

@ahmettanriverdi5238 Ай бұрын

S&P was approximately 100$ in 73. Now (2024) 5600$. So 56x1820=101920$ (without dividend). I think 450k is not so bad.😅

@fulllietuvostv 2 ай бұрын

It’s good to see that you are considering abnormal returns rather than pure ones, good job

@limajuliett3406 Жыл бұрын

Last time I checked 3700 went for way less that 5711 which were around 170k in march 2022. Cant imagine them selling for almost half a million because of the tiffany dial...

@michaelxwhite Жыл бұрын

Exactly, all hype and bull

@charlief8690 Жыл бұрын

Nautilus didn’t come to market until 1976. So this watch is super special if it came out three years before it was invented.

@BillyMillion Жыл бұрын

I never understood why people like you talk about things they have no idea about. Please google this model. Everyone has access to google.

@BillyMillion Жыл бұрын

You’re probably confusing the sale date with the manufacturing date btw.

@charlief8690 Жыл бұрын

@@BillyMillion Such blistering irony in telling me to Google it. The search engine confirms: 1976 was the year Nautlius was introduced, so there couldn’t have been one in 1973. It was also originally $3,100 retail, not $1,800. I’m right, you’re wrong.

@BillyMillion Жыл бұрын

@@charlief8690 type in 1973 original patek nautilus so you can stop humiliating yourself like this. Otherwise I can just straight up send you links to the sales pages if it’s too confusing for you.

@BillyMillion Жыл бұрын

@@charlief8690 they went on sale in 1976 but they had already made them in 1973. Hence why this man said it was made in 1973… which is why I was telling you that you are confusing the sale date to the manufacturing date.

@toogs8571 Жыл бұрын

Watches are art and art appreciates with time, so they're worth more than what you bought them for, this man clearly polishes his brain.

@BossGabino 2 ай бұрын

$1800 in 1973 is equivalent to $12711.41 today is what google show

@tkhannibal2476 Жыл бұрын

Market crushed/ reset at least 3 times since 73. It might not be that easy.

@MilliJF Жыл бұрын

That $1,820 was worth about $12,100 in 2023!

@mjg514 Жыл бұрын

fr where does he gets his info, is a crazy good investment

@mikejones5885 Жыл бұрын

12,166

@MilliJF Жыл бұрын

@@mikejones5885 word

@cheeseontoastiloveitmost Жыл бұрын

Someone with common sense this guy chats shit

@MrDeanGr 8 ай бұрын

not with inflation change stupid he said market shares 😂😂

@1whospeaks 3 ай бұрын

Even if the market WAS more, watching money in the market for 50 years is a lot harder than buying a work of art and leaving it in your cabinet for half a century.

@bernardwolff8742 Жыл бұрын

No. It IS a good investment. Cause those 1.800 from back then would be devalued so much. It would still be 1.800 with todays market power. The watch gave it physical/ backed value that surpassed the time!

@HURundSoehneAG Жыл бұрын

In fact, the watch significantly outperformed the market! The watch appreciated from 1800 to 450,000 over a 49 (lets round to 50) year period. The stock market returned 10% per year on average over the last 50 years. Lets assume we are compounding annually. 1,800 x (1 + % return)^n = total investment So we get 1,800 x (1.10)^50 = 211,303 USD. In order for the stock market investment to outperform the watch we would have to be more generous to a 12% per year return (520,000 give or take a few thousand) It becomes even more interesting when we correct both values for inflation. In the end it doesn’t really matter. Buy what you like and wear it!

@leoclavel Жыл бұрын

$1820 would be nowhere near $450k today in the market. The Dow Index would be about $70k.

@tgms177 Жыл бұрын

It's $12000 in today's money. I used an inflation calculator to check it

@TheTransitmtl Жыл бұрын

@@tgms177 Explain to me how 1830$ would become 12k today with inflation. Inflation makes your money worth less not more. If you had 1830$ in 1973 and just kept it inflation would have robbed you of 10 thousand dollars. Which is why he's not talking about inflation. He very clearly is comparing the watch as an investment compared to "parking the money in the market". In an S&P 500 indexed fund 1830$ invested in 1973 would be 231k today so je is still way off

@Alex-nb4qy Жыл бұрын

@Louis-Alexandre Simard 12k$ worth less today than in 1973 = inflation

@BabyKMoney Жыл бұрын

@@TheTransitmtl that number is based off of how much things costed back then, so what is $1830 then is now much more because of what you could buy for $1830 would cost such and such more now, for example what he could get an AP for then is what it costs now to pay rent.

@hoodedman07 Жыл бұрын

Even though putting $1,800 in the market in 1973 would have been a better investment, that watch was indeed a good investment, despite what he said at the end. You can’t say it wasn’t a good investment.

@youknowcrimedontpay9257 3 ай бұрын

1998 bought a house for 199k, sold it Mar 2024 for 1.67M. Forget watches buy real estate.

@brodybellard1675 Жыл бұрын

$1800 in 1973 would be equivalent to almost $12k in 2022

@yungtaoshiwan4144 Жыл бұрын

Damn 💀

@cupra2Jock. Жыл бұрын

crazy

@timfeasts Жыл бұрын

1800 in the market in 1973 would be 227k so not quite as good. Still wild

@Oxy404 Жыл бұрын

Yea he said if you put it in the stock market assuming it grows exponentially

@The_Cannabis_Connoisseur Жыл бұрын

@@Silvarian they weren't around in 1973!

@blobrana8515 3 ай бұрын

The risk of investing in such a watch is not worth it. When people realise the actual cost of owning and servicing, and the huge profit margins of new watches it is clear this bubble will burst.

@mvthemostvaluable3972 Жыл бұрын

Even with inflation 1800 is only worth 12k today and if you invested it it would only be a little over a quarter million.

@Jake-mc8te Жыл бұрын

Still almost 11% appreciation per year on average. I’m not sure what the “market”averaged from 1973 through

@yooyo8303 Жыл бұрын

Is that not the point of what he said?

@davidi7441 Жыл бұрын

The S&P didn’t do 11% so he’s wrong.

@Jake-mc8te Жыл бұрын

@@davidi7441 yeah I think it’s technically %10.8, I’d think about it’s pretty much just luck though so he’s got a point hard to predict which watch will appreciate

@SykoManix Жыл бұрын

The Investment would have bin 280k snp 500 but before taxes (depending on your country i guess)

@tesmat1243 5 ай бұрын

Technically it made most of his value in the last 2-3 years

@archiedrew8474 Жыл бұрын

$1820 in 1973 definitely wasn't the equivalent of $450,000 today 😂😂

@johnnychimpo7539 Жыл бұрын

Listening and comprehension aren’t your strong suit on they? You run to the comments to show that you aren’t smart instead of listening to what he actually said. Jesus, stop commenting, it’s not for you

@archiedrew8474 Жыл бұрын

@@johnnychimpo7539 What did he actually say then? Please enlighten me because you're obviously an expert instead of just saying I'm wrong

@johnnychimpo7539 Жыл бұрын

@@archiedrew8474 no. You aren’t going to learn that way. Watch the video again you BUM, pay attention and tell me what you learned

@johnnychimpo7539 Жыл бұрын

@@55555_ yes….it was originally sold for $1,800 then he sold it for $475,000. What’s your point

@wolfnoggin2165 Жыл бұрын

@@johnnychimpo7539 well… 1800 dollars in 1973 in todays money would be around 12,000 dollars… is it not? I hate people who think they are smart…

@kinoosako7322 2 ай бұрын

1800 to over 400k is a good investment any day even if u lose a bit of change off the top..

@nathash 8 ай бұрын

$1,800 in 1973 is equivalent in purchasing power to about $12,473.15 today, an increase of $10,673.15 over 50 years. The dollar had an average inflation rate of 3.95% per year between 1973 and today, producing a cumulative price increase of 592.95%.

@leonvonkuenheim3063 Жыл бұрын

you'd have to invest at pre inflation returns of around 11% over that 50 year stretch to turn 2G into 500G- the watch in this case was the better investment.

@-Filip- Жыл бұрын

That is a BS seller, first ever PP Nautilus was introduced in 1976. I would not buy a single casio caluculator from him. Lol

@mikeschleibert8132 Жыл бұрын

😂😂 + no one thought about it.

@AbdulBasit-rx8zc Жыл бұрын

It does not matter if they didn't get the same results they wore A Natilus for a good 50 years enjoyed, cherished and loved it that must be worth something

@nelsonloza790 Жыл бұрын

From the best price to buy $1820 in the market in 1973 to the top in Jan of 22’ is about 5200% ROI, getting that cash to 94640, not including or taking into account dividends, inflation’s effect, the money supply

@billydee6103 Жыл бұрын

park it in what market exactly? countless funds and companies that were “too big to fail” are gone now

@m.o.5291 Жыл бұрын

Lets flip it around, how many watches you know that went from 1800 to 450k?

@TheTransitmtl Жыл бұрын

Indexed funds. S&P 500. Nobody invest all their money in just a couple companies. Even my comparitively small retirement is spread in over 1000 companies.

@jordan771 11 ай бұрын

It is a good investment. That works out at approx. 11.7% p.a. compound interest. You also benefit by not being subjected to the volatility of the stock market, and sleep better at night.

@zhongdavid7674 3 ай бұрын

Still a good investment. You get to have a pretty watch. In the case of other brands, watch price don't go up if it's used

@Flockingtheherd Жыл бұрын

1820$ in 1973 is equivalent to 12,166$ today. Who tf is doing this guys inflation calculations lmaooo

@paarbannath2925 Жыл бұрын

I think he meant investing in the stock market or sth and not inflation. But even thats probably wack calculations. 😂

@joepowell7637 Жыл бұрын

@@paarbannath2925your both idiots. That would be over a million dollars today in a standard roth ira

@TheTransitmtl Жыл бұрын

He is not talking about inflation. He is talking about investment. He clearly says "if you had parked it in the market"

@InterstellarCloudd Жыл бұрын

@@TheTransitmtl that's still bs, you can literally say that about any sum of money. No one is trading like that, foh.

@wolfnoggin2165 Жыл бұрын

@@TheTransitmtl who cares about the stock market? The comparison is simply retarded… Can you tell me what the watch market has to do with the stock market? NOTHING AT ALL…. It’s a fact that The man bought the watch for 1800 dollars in 1973 (today would be around 12,000) and sold it for a whopping $475,000 The “if you park the 1800 in todays market” statement is completely irrelevant because it never happened This example is hypothetical and manipulative…

@nigeltaylor3089 Ай бұрын

On top of the investment you also had a cool and valuable watch to wear.

@DIOGENESofficial Жыл бұрын

$1,800 in 1973 dollars is $12,000 in todays money…..

@nannevisser1317 Жыл бұрын

It would be 10k in today's money

@edsonbojorquez2913 9 ай бұрын

According with all watch salesman, they never make a profit, apparently their profit margins are 100 to 200 per watch and they still end up paying for lunch 😂

@SanderVanierschot Жыл бұрын

Which market? Only when ur lucky enough to choose the right one! When u choose the farmers market on Friday, then we had a great time in 1973 but that’s long gone now! 😂😂😂🎉🎉

@chrislatlat2444 2 ай бұрын

It’s a good investment on the resell price alone Why would you compare it to something else to tell if it’s a good investment or not At the end of the day, and regardless of where else you could have invested it, you made money out of it Could not be the best but still is a good investment

@Ririseeme 5 ай бұрын

Crazy how $1,800 in 1973 is like $13k with inflation today

@svfutbol20 3 ай бұрын

“Lovely watch, where did you get it?” “In a basement where a financially illiterate gym bro fleeced me. Sick huh?”

@basstib.9343 Жыл бұрын

Tell me you can’t do math and know nothing about “the market” without telling me you can’t do math and know nothing about the market.

@williamdavis8910 2 ай бұрын

Its like 12 grand today lol , anyway this model "may not be the exact year" Sold in 2013 for 20,737 and sold for 200,000 grand in 2022... more recently down around 100 grand .. investing in watches is scary

@saralbudhiraja 5 ай бұрын

Timeless design that's why these watches become heirlooms

@GustoTheGamer Жыл бұрын

Maybe 10K in todays money! So yes it was a good investment. This watch is rare and collectable. That’s why it’s has 400 thousand price

@AnInterestedObserver Жыл бұрын

I find it hard to imagine what sort of person would pay such huge sums for such an insignificant thing. A watch is a personal thing, worn next to the skin, I wouldn't want someone else's old watch.

@user-mu1so3xo6k Ай бұрын

If you had $1,820 in 1973 and saved it until today, accounting for inflation, it would be worth approximately $12,487.33 in 2023.

@macurlyfries 5 ай бұрын

Yeah but most people that buy 1800 for something back then wouldn’t be investing

@rayenfahlouchi9577 15 сағат бұрын

$1,800 in 1973 is worth $12,751.62 today

@jaad9848 Жыл бұрын

To the people saying its only 200k for S&P 500 you all know not every watch from 1973 appreciated like a Nautilus. On aggregate 1973 watches likely did below 227k. On the hand if you want to cherry pick like choosing a Nautilus for 1800 and cherry picked and bought MSFT asap in the 80s you would have more than 7M right now

@tomasleitao1775 Жыл бұрын

Dude its literally any asset X money supply growth since 1973. Its just that all that added value is in a bubble, you cant simply inflate the price of houses, used cars, Watches, Stocks… to infinity when the underlying commodity hasnt changed one bit, and expect that to last forever. When credit is loose, people can afford to do stupid things and bid up prices.

@yankee2yankee216 Жыл бұрын

$1800 parking in the stock market might be more than $450K today, but the watch is worth that same or similar amount, and IT was a lot more fun than stocks would have been. I wish somebody told me what I could do with $1800 then, before I knew better!

@jasonedwards7425 10 ай бұрын

The market crashed several times so essentially a business that was around in 73 might be gone and most of the blue chip investments weren't actual investable companies at that time

@rocketdogticker Жыл бұрын

I love this channel however unless you're an investing genius, that watch would have been a better investment. $1,800 in 1973 would be like 20,000-225k not 450k

@TheGrenadier97 2 ай бұрын

I never understood how that piece of ordinary and boring design is so expensive.

@porscheoscar Жыл бұрын

Berksire Hathaway A shares you're up about $1.5 million if you sold that Patek in 1983. And before anyone says "who would have known back in 1983??" .... Berkshire returned greater than 25% *PER YEAR* in about 20 of the the last 40 years. So you had mannnnny oppourtunities to sell that Nautilus and have a million dollars plus in your pocket today to buy some $8 eggs.

@db9872 3 ай бұрын

1/2 Million dollar watch…he handling it with no gloves and waving it around like it’s a Timex. 😮😮

@jonathanmaynard6311 Жыл бұрын

If you parked 1800 in the market in 1973, using the rule of 72, at 10% a year, your money doubles every 7.2 years. 1973 is 50 years ago. That means 1800 doubled roughly 7 times. Giving you roughly 115k. So that watch outperformed the market by almost 4x since it was purchased! Great watch!

@templarloyalty Ай бұрын

That investment, if parked in the market, wouldn't have survived 2008 at minimum. Nevermind 1987 so no, parking it in the market would not have been a better investment.

@rubr949 10 ай бұрын

That still depends where you put it in the market

@patrickandkennafenwick3958 2 ай бұрын

And someone paid 5$ for a lottery ticket last week that’s now worth $5 million. So what. That doesn’t make watches a good investment, no matter how much you want your clientele to believe they are.

@patrickandkennafenwick3958 2 ай бұрын

Ooops - I should have kept listening before commenting 😂

@tejasdk 5 ай бұрын

Hmm… $1820 in 1973 (₹14,196 INR) and MRF share price was $1.2 (₹9.5 INR) in 1973, so if you had invest the same amount in MRF you would have got 1516 shares, its value in 2024 is $2,648,434 (₹21,98,20,022 INR)Technically you would’ve been a millionaire

@Sandman.68. Жыл бұрын

Truth , prices don't go up . The value of the currency goes down .

@vplph Жыл бұрын

1973... No one who have parked anything in the market .. Vietnam debt, nixon Pardon and OPEC oil crisis , so this watch was probably bought because the other markets were bear.

@tituss559 Жыл бұрын

Forget the hypothetical situations. The guy paid 1800 cash in 73. That's about 12k nowadays. It went up 10k.

@joshuaholmes5096 Жыл бұрын

People don't realize how volatile the watch market is. If you don't have the stomach for the stock market, stay out of watches

@jeffinwijaya2 Жыл бұрын

i mean with average 10% annual interest rate compounded for 50 years, 1800 is only worth 211k. Decent investment i'd say without any brain power / ups & downs in life invested. The stock market has returned an average of 10% per year over the past 50 years.

@-d1367 Жыл бұрын

Just because it isn’t the best option for an investment doesn’t mean it’s a bad option gotta diversify your portfolio I guess

@blabla3487 3 ай бұрын

The CAGR would be just 12.03%.

@waltervanderboor Жыл бұрын

10% 50 years flat gives 262,000 compounded… never a loss… hence not a true statement Great investment if the seller received this much

@aldaytires9555 Ай бұрын

What they didn't hear is the part where he paid $474,500 for the watch

@DailyTv22 Ай бұрын

Is this the same guy from that pawn shop show that takes place in Detroit?

@mura0 5 ай бұрын

I know these french couple. They used to own a restaurant on UES

@GDNM502 3 ай бұрын

Watches are never a good investment. The value doesn’t rise consistently. Buy a nice watch if you like it and can afford it.

@sambarris5615 Жыл бұрын

I had a bowel movement...last night...Original Chocolate and Peanuts ...With Original papers from "Cracker Jack "...

@thatslow86 3 ай бұрын

Lmaoo either way you turned 1,800 into 425K… I swear these Jewlers need to wake tf up Lmaoo

@elitehvm7360 Жыл бұрын

This guy always thinks he’s the smartest guy in the room….

@car2004 3 ай бұрын

That’s not how economics works. It’s a watch. It will go up a little, but no one is going to pay half a million L0L! That’s house! Even the super rich are laughing at this!

@erif-gd4ci 3 ай бұрын

His imflation numbers are incorrect. $1,800.00 item in 1972 is equivalent to $13,449.70 in 2024

@PNOYPWR 2 ай бұрын

He can be a great car salesman.

@TheCdM1981 3 ай бұрын

You’re talking about iextreme luck turning $1900 into over $400k in any sort of market. That watch was a lucky investment. It’s not an investment anymore. It’s worth too much.