Hey guys, thanks for watching. Here is Kevin's video that I am referencing: kzfaq.info/get/bejne/nLKjftSgm6q4f2w.html Let him know what you think in the comments and who sent you. Also, let him know about those questionable red bands LOL

So Kevin O'Leary is worth $400M, and I'd guess he has at most $1M invested in watches, so I'm going to match him and invest 0.25% of my net worth in watches. Hello Seiko.

There's better, more consistent ways to invest money. Personally, if I'm buying a watch, I'm wearing it.

Watches are like penny stocks. Vast majority will tank. Some may hit big.

That's BS, I'm going to make profit off every one of my Invicta Grails.

the investment argument is only a excuse to make sure your wife is ok with your purchase.

You aren't a watch lover if you buy watches just because you can sell them later on at a higher price. Period.

One minute in and I can’t quit thinking about how horrible that Hulk looks on a RED rubber strap. 🤢😂

I agree 100% with you Teddy. Buy what moves and compels you!

I've been enjoying your videos. Any chance you do a video on watch care? How often to get them serviced, how often to turn on or wind up a watch that isn't warn often? Is service necessary if the watch is keeping time?

I've never bought a watch for an investment. I've always bought for my own pleasure, or to just wear them.

I'd spend more on watches when I hit mid life crisis, in order to feel better about myself.

Great video. The point regarding selling watches really hit the nail on the head.

That kermit on the rubber red strap... barf. I never knew you could actually find a more nauseating combo than a datejust on a nato. Well done, I guess.

Love the bold review! Keep it up 👌🏼

Just brilliant! This video should be the first item of reference in any guide to watch collecting.

Love that last line! Thanks for this video, Ted!

Absolutely fantastic video. Subscribed!

Very responsible and mature approach.

Well said and thanks

I do realise that many people consider watches as investments but personally I buy a watch because I like it not because I want to sell it later when retail price increases I love my rolex submariner and can’t imagine selling it

Phenomenal video, thank you.

Great video, Teddy! Any thoughts on watches that might be worth passing down someday as an heirloom? Not necessarily from an investment standpoint, but perhaps a reliable brand or model that I could enjoy today, and then gift to my future children or grandchildren?

I chuckle at the idea of keeping watches as investments

I like how Teddy says you can do whatever you want with your money, but he still offers his perspective on this matter.

Excellent video. I agree with everything YOU said!

Another excellent and very relevant video Teddy. Every single point you hit on is spot on. I can tell you from a personal experience, every time i try to trade a watch for another piece, i take a significan hit - even on desirable pieces. So, it is a very tricky hobby. Some people can profit, ie gray market dealers but the rest of us really profit in terms of deriving pleasure from owning fantastic pieces but not in actual return on investment. If you want to make or sustain money, there are much safer investmen vehicles as you point out. Please keep on making your excellent and educational videos..

Great video!

Very true. People keep talking about ROLEX bubble, PP bubble, this bubble, and that bubble, but what should scare people is an impactful economic recession like the one we've seen in 2008. And like what Teddy have mentioned, one of the first things that are going to be affected is luxury goods. Take a look at what happened to the real estate market in 2008. Many real estate agencies didn't know what to do with the massive surplus of luxury penthouses, townhouses, mansion....etc...because people couldn't afford buying them after the big hit the economy took in 2008.

I wholeheartedly agree with the points you make!

Almost 100k dude. Keep it up!!

Very true Teddy, agree with all your points

Brilliant exposition.

Watches are not investements. Real estate, stockmarket, companies are investments. However some watch brands can keep their value just like gold (not jewellery) wich is essential especial in periods of turmoil or great need.

I do see watches as an investment, but as an investment in my pleasure of owning and wearing one. Edit: When I was a young man, I used to buy cheap pocket watches (Wesclox) simply because I enjoyed carrying them. Not to long ago, I tracked down a new, in the box version of one of those watches at an antique dealer and bought it for $100. Back in the day, a C-note would probably have got me 9 or 10 Wesclox Scottys . I just enjoy owning it and carry it occasionally with the emphasis on occasionally. The half life of a cheap Wesclox pocket watch in constant service was probably about 6 months.

Very good thoughts Teddy, unless you’re buying particular Rolex models, or particular Patek Philipe models... You’re going to eat serious losses. This idea of using watches as an investment vehicle, is really only practical for an upper echelon of society. For me, watches are absolutely not about making money, but about appreciation of the finer things in the pursuit of precision and excellence. The number one rule I can always recommend to someone if they don’t want to lose maximum money on a watch purchase is simply never to pay retail.

Very comprehensive, excellent video!. Also, I was interested to hear from a former major auction house employee, that it does happen that a watch sells at auction for a high price, but the buyer never pays. So on record it looks like the watch sold for a certain amount, but didn't in reality.

Great video

I agree. Good presentation.

Hi, can you make a video on credence watches? They serve good but there is not enough information on internet.

Well said!

Teddy ¿porque no haces una revisión o hablas un poco más de los relojes Wenger?

i love the Nomos watch at the end.

Can you please make a video with information about your watch straps and why we should buy from your store aside from the fact people love you Channel and your sales representative on your videos is Gorgeous. Kidding aside my son,a couple of my friends and my self are interested in buying some. Thank you.

Intelligent video. Thanks.

Still relevant three years later. Great video... and great hair!

Great and honest video - haven’t sold any of my watches simply because it’s not that easy unless you are willing to give a great sum of money to the dealer/site etc.

What are your thoughts about rotary watches?

very reasonable points. O-H...

Ergo, buying pre-owned is a better option?

Most of us who collect watches do so for the pure enjoyment of it all. The hunt for that next watch and trying to find a great deal all adds to the joy of acquiring that watch. I don't look for watches "hoping I make money" on it. I agree with your reasons but especially number 5 and 6.

Excellent video. I want my watch purchases to be a source of enjoyment. If I spent so much on a watch that I would worry about its resale value, I would not be having fun. Realistically, at this stage of my life, I am more likely to give away a watch than sell it.

I love timepieces and yet I haven't owned one in nearly 20 years since our phones started telling us the time. lol I do remember that last watch however. It was a Fossil cobalt blue face which I believe I purchased at JC Pennys. Anyway, it's nice to see that people are wearing them again to accentuate style.

Totally agree wit all your points. First I buy a watch for function and to enjoy. If that watch also retains value then it was extra bonus. But not main purpose for getting it.

Teddy talks about luxury Swiss watch values which I don't know much about. I do follow Seiko on the affordable end of the market. They offer Limited/Special editions all the time, which are usually sold out fast, and end up selling on eBay for double the price. You have to know the market

I stick to the watches I like and I know there worth something but never to re sale.

Great content Teddy!! I love your take on the issue. For me, I like to buy watches that I enjoy wearing and I do prefer that I don’t lose an arm or a leg if I am to sell any of them. Not really looking to make a profit, I buy to wear and enjoy, but I’m not one to burn cash either. That being said, I would take advantage of the current pandemic situation and head over to the AD’s and start checking their inventory and waving my cash around. I managed to buy a Blue dial overseas by accident and a Blue roman DJ41 by being persistent and serious at an AD where I had no previous history and who I was warned would laugh me out. Now I’ve started a relationship with them with pieces that are special to me and will retain value (not exactly go double MSRP) and am already talking about more “coveted” pieces and they are willing to source for me. Go on the front foot when others retreat, also a good business tip. Now is a good time to splash some cash if you know where and how to do it properly. I’m sure you can’t waltz into an AD and demand a 5711, but you can find some gems and start something

Good sensible points,I think the investment thing is ruining the market and there is also far too much snobbery around

Well said, Teddy. I appreciate your tempered perspective and honesty regarding the truth of the whole process of buying and selling watches for profit. I agree 100% that the main point in purchasing a watch is for one's own personal enjoyment. I've got my eye on a Rolex Submariner at some point in my life (after other, more important responsibilities are taken care of), and have seen how crazy the market goes for some of these pieces. Maybe I will save for a recession when the prices might drop. Then again, when said recession hits, I may elect to use saved funds for more essential, non-luxury items. Haha! Time will tell. Keep up the good work, sir!

I've been wanting to get a hamilton khaki king for over a year now and I have the money to get it but I can put the money much wiser investments. What should I do?

Great thoughts Teddy - you’ve got a very wise head on young shoulders

Astute advice Teddy.

Depends what you buy and how long you hold them.... buy full set icons from known brands, take care of them and of course they will be worth more 10-20 years down the line... no recesion the last 500 years lasted more than a few years, and inflation is also a factor...

Would you say squale is overhyped?

If only more channels were that wise! Way better than s few I’ve heard recently. That echo chamber effect!

I have owned some nice watches in the past and I have some now, but I never thought about my watches as a part of investment. As your #6 point, it is an enjoyment, a hobby for me. In many occasions, I tell myself that it is simply waste of money and I shouldn't be buying these stupid watches anymore, however, I just can not stop myself from not buying watches completely. I guess that I really do enjoy some of the watches, not the buying process, but the watches themselves. I find them fascinating. Something that tells time, hold time in some cases and expand out horizons beyond a simple or complicated watch mechanism. Always insightful and interesting reviews, Teddy. thanks a lot.

Good points. I think also that watches are tools to use and not much as an investment. Thanks again for a nice video again Teddy

I thought this was clickbait at first. Lol. You make a lot of really good points. Great video! Thank you!

All my watches are up in the last 2 years. Batman,Sub no date, Tudor GMT, Explorer ii, Sea dweller,Hulk. I purchased all at a discount before the shortage with the only exception being the Tudor. I requested a quote to sell my batman from a dealer and was offered 13,500 not selling.

For me watches are to be enjoy like a good whisky 🥃 or a nice meal at a restaurant, also like a painting 🖼 and like a painting you can make money 💵 in some of them, others are just to enjoy! Nice video, keep the good work my friend!

Hello Teddy, thank you very much for this reasonable message ! Watches are like high end jewels, art, cars, ... first of all a matter of pleasure, of putting colors and enthusiasm in your life by reading, watching, wearing, chatting, ... We, watch lovers, will suffer from this emerging financial way of thinking about watches : prices sky rocketed, since 2000, and it’s more and more difficult to afford models which became icons of investment :-( ... not a good think for us, watches lovers

Who the heck is investing in wristwatches, thats nuts. People collect them and its very satisfying and have enjoyed collecting watches all of my life.

That hulk with th red strap! Never thought about that combination, and now I wish i had never seen it!😂 Great video though

I completely agree with each and every point being made here, but I think point 6 resonates with me most. Two of my favourite watches are the Omega Aqua Terra and Vacheron Overseas, and I’m honestly sick and tired of seeing people compare these to their respective Rolex and Patek competition, and use resale value as the deciding factor for which is better. This is basically just recommending a watch based on which has more hype, as that is the only real reason the resale is so good, and not on which is the superior timepiece.

Very good video again Teddy. I buy watches to enjoy, whether that's an affordable Seiko, charming old timepiece, quirky dial or complication or something more expensive. They are not an investment for me -- but possibly to the generation who inherit them. After all, it didn't cost them a dime.

You've obviously put a lot of thought into this topic. After many years of watch collecting, I have come to realize that I get the most enjoyment from this hobby by actually wearing the collection. So now the mantra is: fewer watches and more wrist-time. As for investment value: some of my watches have gone up in value and some have gone down. I think all serious watch collectors have to ask the question of whether they would actually wear a Paul Newman Daytona outside everyday. Interestingly, Kevin O'Leary always preaches about the importance of earning income from his investments. Luxury items are pure capital gains (or loss). But as you so rightly point out, he is in a different investing category than the rest of us 99%.

Similar to coin collecting. 99% of coins are only worth the value of the metal. Some such as the 1955 double D penny can be worth thousands.

What do you think about all this ice-out watches and stuff, I mean if you made you watch get some diamonds and stuff and then resell it, is something like that even smart?

Totally agree with every single point

I was considering getting a Dark Side of the Moon to flip it in the future. Your thoughts...👀

I’ve watched the Antiques Roadshow, and some watch brands not only hold their value well but they also increased astronomically in value! I’ve seen brands like Rolex, Patek Philippe, Audemars Piguet, Cartier get appraisals of hundreds of thousands of dollars. A 1971 Rolex Oyster cosmograph was appraised for $500K to $700K, it was in excellent condition. The owner never wore it, which really increased its value. I fell in love with that watch. It’s even more rare than the watch seen here worn by Paul Newman. Watches ARE indeed a good investment, but it really depends on which brands are being discussed. Some brands age better than others. Teddy presents a good argument here, though.

I took Kevin’s advice. We’re a little bit apart in income levels, but I bought a Vostok Komandirskie in December for around 35 USD. Just sold it for 55 USD. Think I need to repeat this a few thousand times to be a successful investor!

I totally agree. Enjoy them 🙂

Couldn't agree more! Like Jay Leno says, don't buy cars for investments, buy the cars you like and enjoy them. If they go up in value, even better. An economic downturn is inevitable. Hopefully we'll be able to get some deals on vintage watches. Like a Rolex for less than MSRP!

Agree. Value ie what it means to you not the market. How’d you make the money you spent on the watch? Do that. Invest there.

I'm buying watches to enjoy them not to invest, thanks for the video,.

Amen! Preach it! Nobody is thinking about the selling part, it's almost impossible for a good price without any reputation. I am also constantly lying to myself and everybody around me about this topic. Hehe :)

i work as a banker and i defently agree to this message. Get your priorities straight. If the watch motivates you and bring you joy, then you can't put a price tag on that. But if you want your money to work you, you have to put your mind some where else.

Teddy as always, another great VLOG with valuable content. I watched Kevin's video the other day as well and agree with him that these models have provided a great investment opportunity as do some other models as you point out. But largely this is not the case for over 80% of the brands we buy, to me been as collector for over 20 years now, I buy them as they are a piece of art, if they move me then I make the purchase. My purchases are not made because of the inflated prices for certain pieces driven by demand, its like playing the stock market or betting on roulette hoping the ball going to land on a certain number. Personally I have developed good relationships with AD across the three countries that I live based on the fact that I don't buy to sell or flip. I have one AD that sells me all my Rolex watches that I don't even collect for over a year in some cases, my AD in Australia reached out to me a little while ago as they have over 30 models of Rolex that I paid retail for that have been holding some for now 22 months and asked if I would like them moved to a vault or box. Could I sell all them today within 24 hours & double my money, well yes I could, but I won't. Today I bought a Graham Watch for $2100 brand new, the "Silverstone" which had an MSRP of over $11,000, would I get my money back on that purchase in the future the answer is also probably yes, but if I had of bought it at the full price I would lost a substantial amount. In closing, many people like myself & collectors you see with grail watches have often had big wins or gains in the financial markets including the new World of Crypto, I am one of those people - therefore I choose to invest some of my fortunate decisions into my love & passion for watches. Once again another great VLOG & content for your subscribers, keep up the good work.

Hi. Good topic. Watches should be enjoyed. I feel that now this trend of flipping watches is slightly annoying. People selling watches after 2 - 3 years of barely use for ridiculous sum of money. Even with rare seiko 5's...

if you can wear it but get your money back in an emergency when you need to sell than that's all good.

Tulips...tulips...tulips...

Excellent video Teddy. I agree with you, watches are not a good investment. If you are careful you can not lose a lot of money on watches and MAYBE make a little- There are much better ways to invest your money. But the advantage of a watch over an investment is that you get to hold, wear and enjoy the watch :)

Like any investment you need to do it well. Don't buy a fake this can happen on many investments or depreciation can happen. But it is 100% true that if you purchase the right watch at the right price it is a great investment. Like any investment you also need to learn when to buy and when to sell.

Fantastic topics. Selling a watch is way harder than many believe. It is such a chore and discouraging to meet low ballers. The investment in watches is really becoming a myth

Thanks for making this video because he really frustrated me. Wouldnt be surprised if he got a kick back

I buy watches to buy & keep.There's far better investments out there ! Cheers 👍

You’re wrong for 3 references = 5711 blue, Pepsi GMT and Daytona ss. In 2008 Daytona hold and increased its price ;)

smart cookie you are. i agree

Teddy...did anyone tell you that you're a genius when it comes down to breaking it down..explanation -wise....great video