Quote:
Originally Posted by ASAP
Let's just take an example and again... this is not my specific instance whatsoever... but let's say someone has $5mil in cash with 0 equity... and someone else has $200k in cash with $4.8 mil in the current market... i'll take the former anyday simply because i prefer it and the market can tumble anyday... again, not everyone will agree with this and not everyone's stituation will be the same.
All else aside, I want a black submariner no date... seems to retail $7500 but everyone tells me its a 3 mos wait...
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5 years from now, you'd still have $5mm in cash. What a ridiculous strategy.
The Rolex market is crazy right now, stainless steel Daytona's are going up like 10% every few months. Debating selling mine because prices are just silly.