Exactly..... Lets face it, it'd be a pretty boring place if it was just full of watches and straps.....Originally Posted by magirus
There are plenty of other forums where I can fall asleep looking at yet another watch for sale.....yawn..
Quite a broad brush you tar people with there eh??
What complete nonsense...... People borrowing money for anything isn't the issue....
It's the ones that borrow, and then can't or won't pay it back that causes a problem..
I believe there is/was a time limit on editing the title of a post.
SC should be left as it is. It's the Sales Corner for this community, not a watch sales corner.
Community members seem happy to accept it as such and I've bought more non related watch stuff than actual watch stuff, although from a £ note perspective the latter wins out handsomely.
i don't give two hoots that those who just treat this place as somewhere to pick up cheap watches or sell stuff without fees have the dreadful inconvenience of having to press a few more keys. Boohoo, now run along.
Eddies's gaff, Eddies's rules and it suits me fine. If you don't like it, mind the door on your way out
New years resolution to get the count up so I can view all the forums.
What a lot of old crap. By the way you have probably reduced the chaps 'good investment Rolex' to a watch he will make a loss on if he needs to sell. I'll spend my own money how I like thanks.
And as this is Eddies house I'm sure he cleans it as he sees fit, fairly sure no major transgressions pass him by unknown.....
The more posts of yours I read the more Im inclined to believe the troll tag....
He would have made a profit if he got the Rolex for the right money.
May be the watch "bubble" is about to burst;-) These high prices can't keep going up forever. My watches are almost as expensive as my car these days (relatively speaking).
Nobody cares..... So what if someone puts 5 or 6 items on in one listing.??
I have to admit though, if I'd wanted a Rolex and someone talked me into a Seiko... I certainly wouldn't be thanking them.....
Then again I don't. Much care for doing what other folk tell me is for the best....
Last edited by Enoch; 3rd February 2013 at 18:40.
It's as much how you say, as what you say, IMHO many of your posts are designed to antagonise and as I said in my earlier post, the more I read the more I believe that.
You may not feel that way, that's your prerogative if you feel you not trolling fine, we disagree that's it, what I won't do is be drawn into troll feeding.
My last post on this.
Perhaps your "young" friend has more skill and confidence than you when it comes to investment opportunities. Your idea of debt might be his idea of leverage / opportunity.
Have you ever considered that you might be unambitious?
I sold a set of Agatha Christie books to someone from Oz on here, because he used to have a similar set when he lived in the UK which got lost during the move. I wager he wasn't actively looking but when he saw it he remembered his old set and I had it sold within half an hour!
That's exactly how it works...... I've bought loads of stuff I never realised I needed until it popped up on SC....haha..
Very true. I never realised I needed 20 watches, for example...
Like I'd fall for that one again
No disrespect intended. But remind me not to turn to you for financial advice
As you can see from when I joined, not all of us are in an inordinate hurry to start selling.....
Slow and steady wins the race, I admire your restraint Mike
RIAC
I'm struggling to get to SC, don't like to post just for the sake of it (until this one), but the old 40th is coming in May and I'm gonna be gutted if I haven't got the opportunity to buy something before then.
I wonder if many other newbies feel the same. Although, in fairness at 30 posts in 5 months I really should start trying harder.
Cheers
I am with you on that and I hear there is some good stock on SC at the moment as well!
I have my 30th coming up this June and would love to add to my collection
Looks to me that some of you need to be posting just a tad more often (constructively of course) and get stuck in to the wide, wonderful and sometimes weird World that is SC.
Such rubbish! If peoplel can afford to pay it back then why shouldn't they?
What about business/investment ? A large % of it is from borrowed funds ,without that there would be very little investment /building etc
If people who borrow money to buy cars stopped most car production plants etc wold close and the economy would go into freefall.If people can afford debt its nota bad thing if its manageable
This is a forum with watch collectors on it, which in turn means watch flippers. For quite a few people here, a good watch is an impulse buy! Furthermore, a lot of people seem to own something for a week and then feel they want to move it on. There's no need to be suspicious (in general)... it's just a reflection of the capricious nature of 'collectors' (and serial flippers). :-)
It's fun, a hobby, and, if you can afford it (as many can), it doesn't need to turn a profit.
Agreed. It always bemuses me why people come up with such hard n fast rules. On the surface, they believe they are being rational but actually imo it's completely the opposite. If one can afford to pay it back with no problems, there's absolutely no argument against borrowing money. It helps your cash-flow and you can benefit from zero per cent interest when it comes to watches.
Being cautious and risk averse is borrrring...it's only one life!
Who told you that as its not correct?
My poor grammar.
You don't want to take a watch back for a refund when you bought it purely to sell it, was the point I was making. Put a small deposit down on a £5k watch, finance the balance (often 0%), flog watch for say £4k, splash the cash, make monthly repayments.
Returning it defeats the object.
Last edited by burnsey66; 6th February 2013 at 11:20. Reason: I Am Stupid
And there you have the two key statements in that post that relate to debt management - manageable debt is a neccessary thing in modern life (I'm sure a lot of chaps on the forum have had, or have, manageable debt - it's your mortgage). The problems only arise when a debt becomes unmanageable - the difference between manageable and unmanageable is a very grey line as it takes in an individual's attitude to risk ... there will never be a right or wrong answer.
Back to SC, I'd love to see more watches buying advertised but also enjoy scanning through the OT items. To me there seems to be a lack of mid to top end stuff on there at the moment apart from the odd Rolex and it would also be nice to see a wider range of brands being offered, but it's limited to what people have and want to sell so it is what it is. There seems to be some optimistic pricing on some items but "if you don't ask you don't get" and I fully respect that the seller can ask for any price they like. Buyers seem a little thin on the ground too as watches are sitting on SC that would have been snapped up straight away but we're all in straightened times at the moment so I guess that is just the market as it stands.
Would I split SC into watches and OT items, personally yes I would but only to stop all the watches dropping off page 1 in a sea of interesting OT items - would just make it a little easier to browse through quickly when sat on the train.
haha.
"You can't take a watch back for a refund when you've sold it"
No shit Sherlock!! Sorry, couldn't resist mate....
Apologies, I am a little thick it seems. Post edited to show my point clearer (I hope).
There is a separate point though.
If the watch is on finance, is it still owned by the finance co who could recover it in the event the repayments are not made?
Similar to cars and HPI check....should the same apply to watches or is the finance offered on watches just a pure and simple unsecured loan??
It's not ( normally ) hp secured on the watch but an unsecured personal loan....
Agreed. picked up some rather nice non watch related items from the SC. Ted Baker shirt, Selvedge jeans, Iphoes etc etc. if the items are selling then there is obviously interest there. it would probably be better in a sub forum but if Eddie wants all sales in the same place then that is good enough for me.
I am in the same situation. I usually PM and no problem. Very frustrating not being to post though
Posting Permissions
Reply With Quote