[dmash]

Originally Posted by HAL330

I remember talk of a housing bubble in 2008... and now if you bought a house in 2008, at the top of the bubble, and held on to it, you either doubled or tripled your money today..

What goes up must come down, and what comes down always goes up...

ignore the laws of economics if you want, but for me.. I see now as a buying opportunity for Rolex watches.. if you think we'll get back to a time when you get 20% off from an AD, wait it out.... but if I were a betting man, I'd say inside of a year or two, you'll be wishing you paid that 10% above MSRP for that watch you've been wanting for a while.

I did my due diligence and felt buying now makes sense... maybe I'll be wrong, in which case I might lose 10-20% in value... who cares? I buy to wear, not to flip.

Current grey prices aren’t even at parity with MSRP + tax on a lot of models though. I don’t consider it a ‘buying opportunity’ until that point is reached.