Quote:
Originally Posted by Ssupreme1995
Best way to get into trading, buying and selling?
I have capital to trade, buy and sell. Located in SoCal, markets hot for watches but also makes it harder to come across a decent deal.
To be clear.. I want to be a collector and add to my collection. I want to be able to trade or sell in addition for new watches or different ones.
Where are most collector , traders and enthusiasts buying from to get a “decent deal”?
I was under the impression if you buy something directly from an AD and resell or trade (AP, Rolex, Patek) you’re barred from getting anything else. You have to wait a minimum of 2 years.
With that being said… what’s reccomended? Where do I start?
For all of you who trade.. how do you feel you’re getting a good deal and where are you getting the “market value”?
Thanks
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Do NOT take any advice from the resident “naysayers” !
With only $200K to invest, start with lesser brands, and gain momentum with your profits. Purchase $200K of Seiko 5 variations, start a YouTube channel, and develop a social media presence (IG, Facebook, TikTok, etc.). The initial ROI should propel you business into trading Patek Phillip and Richard Mille in record time !
Good luck !