What's funny is you actually wouldn't have more. If you invested $1800 in the S&P 500 at the beginning of 1973, you would have about $227,418.53 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 12,534.36%, or 10.20% per year. Less that 450,000

@Slimothy

Жыл бұрын

That's why you don't take financial advice from a watch salesman 🤣

@utcougar

Жыл бұрын

Bobby you’re absolutely correct. It’s an incredible investment that you get to enjoy over the years. Watch salesman has no utter idea what he’s talking about

@salvatoresciorta5301

Жыл бұрын

Nice man literally just did this same math lol

@georgerauscher5620

Жыл бұрын

Wrong

@harveyrouen

Жыл бұрын

@@georgerauscher5620source: “I made it up knowing no one could be bothered to do the maths and check”

S&P return would have been 280k.....

@kingpotent3950

Жыл бұрын

U clearly dont invest money if u think the S&P is the only thing u must be 15 years old or a 9-5 worker even one dont comment on shit u dont no

@ankhkeymaker

Жыл бұрын

add dividents

@blobmanyaa9350

Жыл бұрын

@@goynwa7110 s&p500 has Stocks in it Witch pay dividends

@georgerauscher5620

Жыл бұрын

You are wrong it’s about 70k. SPX in 73’ was a low of $91 and high of $121. Say you use $100 as an entry price on average, so that’s 18 shares at $100 a pop. SPX is now $4,000 give or take. That’s about a 3,900% increase. Take your $1,800 and multiply by 39x and you get $70,200.00 - not the $475,000k. The watch beat the number by 6.75x

@alexfoley9103

Жыл бұрын

​@@georgerauscher5620 kinda sad you don't know how financial securities work ;( compound interest

Actually, yes, it WAS a good investment. The$1800 invested in S&P 500 in 1973 yielded about $270,000 in 2022. It's worth nearly twice that, AND you got to wear a MONSTER on your wrist for 50 years. But I get your point.

@twilld9057

Жыл бұрын

He said that $1800 would be worth MORE not half. You still somehow saw this as a smart investment even though your own math proved you otherwise. Better sell your overpriced jewelry while you can! We both know once the market inevitably crashes, it’s only worth scrap! Invest wisely people and don’t follow random KZread videos/comments!

@twilld9057

Жыл бұрын

And when I say the “Market” I’m referring to shady jewelry salesmen. I’d trust my money in the stock market over the watch market anyday! Ignore this plain Jain folks! I know you’ve all been through this hooplah before. The real ones stay and the phonies have their fun while they can!

@DeezyLeFleur

Жыл бұрын

@@twilld9057 ​ the $1,800 watch sold for $475,000 that’s $205,000 more than what he would’ve made on the market ($270,000)so it was a good investment what are you on about?

@MightbePettingmyCat

Жыл бұрын

@@DeezyLeFleur 270,000 in market appreciation plus 50 years of compounding dividends, well over 475,000…. what tf are you on about?

@tb12goat69

Жыл бұрын

@@MightbePettingmyCat no your way off, with compounding dividends its no more than 230k, genuinely curious how you are getting 450k+

If you can buy a Patek for $1.820 in 1973, you probably already jumped into the S&P500 in 1970 😂😂😂

Equivalent to $13,000 dollars today buying power for the $1800 in 1973. The watch was a generational wealth changing buy

@Au_Ag_ratio5021

Ай бұрын

That $1800 in '73 contained an ounce of gold for every $42.22. Which is about $99,000 today.

If you invested $1820 in the S&P 500 at the beginning of 1973, you would have about $229,945.41 at the end of 2022,

@yuriboyka6131

Жыл бұрын

Well doesn’t that depend on what you invest in?

@aut0roboto

Жыл бұрын

@@timzulf bingo, spot on

@samshin4575

Жыл бұрын

Closer to $300,000 if you reinvested the dividends

@johntwigg3714

Жыл бұрын

Still nowhere near this guys valuation. Never trust a watch seller.

@beyoncehadoneofthebest

Жыл бұрын

@@yuriboyka6131he said parked it in the market, duh. anyone could become a millionaire in a day if you make all the right trades obviously this has rarely if ever happened.

The first NAUTILUS 1976 !!! Not 1973 !!! I have one of the first Generation in Gold with diamonds !!!

he sold it and still it's on his hand wow magic

@mohd6537

Жыл бұрын

that how magic work

You failed to mention you gotta park it in the correct market to come up that much.

This is a perfect example of if you say something with enough confidence "most" people will beleive it😂😂

“ just sold it” but still has it 😂

@redxsumiya

Жыл бұрын

😂😂😂😂😂😂😂

@ioanp1659

Жыл бұрын

The customer has not come to pick it up yet.

@diaahmed5701

9 ай бұрын

😂😂😂😂😂😂😂😂😂😂😅😅😅

@stuartlawler2411

Ай бұрын

You dont spend 450k then walk out imto the street with it 😂

@lil-link

12 күн бұрын

@@stuartlawler2411so you just leave it at the store you bought it from?!😅😅😅

1973 was a good year!! 👍 Beautiful Nautilus 😍 ❤

@Yungkodak

Жыл бұрын

What was 73’ like ?

@frankphilpot3492

Жыл бұрын

@@Yungkodak '73 was like '63 except 10 years earlier. And of course '83 was 10 years later, ect. Lol

@yungtaoshiwan4144

Жыл бұрын

@@frankphilpot3492 he asking what made it a good year for u I think

He said he sold it for $475000 but he bought it at $474500. So he made 500 dollars. Lmao

@johnjames9211

Жыл бұрын

And you believe he payed that for it lol

@johnjames9211

Жыл бұрын

Watch buyers don’t work off 500 dollars that’s just what they want you too think

@yanicyoda4762

Ай бұрын

Puleeease. Prolly Paid 50 K for it😜

@stuartlawler2411

12 күн бұрын

Tgats the difference in the price he charged for the watch but his commission and the mark-up mean that he probably took 500k+ but they cant have you knowing how much they up mark products by or how much commission.

That actually beats the s&p500 by quite a significant amount

@tubarao_

Жыл бұрын

quite amount? Almost the double!

Imagine buying a house in 1973 for 30K and selling it today

@Jbainbridge5

Жыл бұрын

They were around $75,000, and you usually had to put down 60%. Those we 40's-50's era prices.

@valmont112

Жыл бұрын

If you watched the video it would be better to keep the 30k for 50 years

@Jbainbridge5

Жыл бұрын

@@valmont112 I watched the video, and factored the math in another comment. If you invested the amount in 1973 it would come out to just shy of 330,000... asshole. People like you are the reason why the taxpayer has to pay back other people's student loans. Also, you're the problem with clout chasing; someone says something simple and it's gospel

@EnjoyTheStuff

Жыл бұрын

i bought a house of a man that sold it to me for the price he paid back in 1970 (250k), just doubled my money of that deal (550k sold)

@Flockingtheherd

Жыл бұрын

Heads up this guys inflation calculation is way off. He said 1,820 dollars is worth more than 450k today which is absurdly wrong lol. 1,820 dollars in 1973 is equivalent to 12,266 dollars today.

Market crushed/ reset at least 3 times since 73. It might not be that easy.

Last time I checked 3700 went for way less that 5711 which were around 170k in march 2022. Cant imagine them selling for almost half a million because of the tiffany dial...

@michaelxwhite

Жыл бұрын

Exactly, all hype and bull

Nobody is talking about why he still has the watch if he just sold it

@kevinhaughwout6901

Жыл бұрын

Maybe he sold it online and is getting ready to ship it

@samrad1745

11 ай бұрын

his waiting for the buyer to sell his house. which he bought for $30g's back in 73, now his selling it for $950,000

$1800 in 1973 is equivalent to $12711.41 today is what google show

Even with inflation 1800 is only worth 12k today and if you invested it it would only be a little over a quarter million.

Him saying that made me believe in humanity again😂😂

When I was 16, I’m 63 now, I told myself that I’d know I was a success when I could buy myself a quality watch ( omega moon watch- I never had huge aspirations!). Well, today I’m wearing my £90 Steeldive Chinese special, and I know , every time I look at it, that I failed.

@Masturbation65

Жыл бұрын

Overly expensive watches are garbage status symbols. What matters is that your family loves you

@bsr8129

Жыл бұрын

Urs

@King-se6lx

Жыл бұрын

😂 nah cmon its just a watch you aint failed if youre happy with yourself and family or somebody you love

@baldeagle13x

Жыл бұрын

@@King-se6lx it’s not just the watch thing . Whole lot of things built around the failure thing. Hard to explain, you know the score , lot of backstory too! But thanks for your comment. I appreciate it.

Watches are art and art appreciates with time, so they're worth more than what you bought them for, this man clearly polishes his brain.

It’s good to see that you are considering abnormal returns rather than pure ones, good job

you'd have to invest at pre inflation returns of around 11% over that 50 year stretch to turn 2G into 500G- the watch in this case was the better investment.

Still almost 11% appreciation per year on average. I’m not sure what the “market”averaged from 1973 through

@yooyo8303

Жыл бұрын

Is that not the point of what he said?

@davidi7441

Жыл бұрын

The S&P didn’t do 11% so he’s wrong.

@Jake-mc8te

Жыл бұрын

@@davidi7441 yeah I think it’s technically %10.8, I’d think about it’s pretty much just luck though so he’s got a point hard to predict which watch will appreciate

@SykoManix

Жыл бұрын

The Investment would have bin 280k snp 500 but before taxes (depending on your country i guess)

@tesmat1243

4 ай бұрын

Technically it made most of his value in the last 2-3 years

The CAGR would be just 12.03%.

It does not matter if they didn't get the same results they wore A Natilus for a good 50 years enjoyed, cherished and loved it that must be worth something

That is a BS seller, first ever PP Nautilus was introduced in 1976. I would not buy a single casio caluculator from him. Lol

@mikeschleibert8132

Жыл бұрын

😂😂 + no one thought about it.

That $1,820 was worth about $12,100 in 2023!

@mjg514

Жыл бұрын

fr where does he gets his info, is a crazy good investment

@mikejones5885

Жыл бұрын

12,166

@MilliJF

Жыл бұрын

@@mikejones5885 word

@cheeseontoastiloveitmost

Жыл бұрын

Someone with common sense this guy chats shit

@MrDeanGr

6 ай бұрын

not with inflation change stupid he said market shares 😂😂

On top of the investment you also had a cool and valuable watch to wear.

Whoa thats crazy fr 😮

1800 in the market in 1973 would be 227k so not quite as good. Still wild

@Oxy404

Жыл бұрын

Yea he said if you put it in the stock market assuming it grows exponentially

@The_Cannabis_Connoisseur

Жыл бұрын

​@@Silvarian they weren't around in 1973!

$1800 in 1973 would be equivalent to almost $12k in 2022

@yungtaoshiwan4144

Жыл бұрын

Damn 💀

@cupra2Jock.

Жыл бұрын

crazy

1973 is interesting year because one could buy gold coins for $30 Each which are currently $2,400. So 60 coins for $1800 be worth 144k today. Also $1800 invested at 5% a year for 50 years is 20k so unless you picked some great stocks not just a 5% CD bond or dividend you really rather have the gold or the watch

1800 in Amazon 1997 you would be at around 3 million.

$1820 in 1973 definitely wasn't the equivalent of $450,000 today 😂😂

@johnnychimpo7539

Жыл бұрын

Listening and comprehension aren’t your strong suit on they? You run to the comments to show that you aren’t smart instead of listening to what he actually said. Jesus, stop commenting, it’s not for you

@archiedrew8474

Жыл бұрын

@@johnnychimpo7539 What did he actually say then? Please enlighten me because you're obviously an expert instead of just saying I'm wrong

@johnnychimpo7539

Жыл бұрын

@@archiedrew8474 no. You aren’t going to learn that way. Watch the video again you BUM, pay attention and tell me what you learned

@johnnychimpo7539

Жыл бұрын

@@55555_ yes….it was originally sold for $1,800 then he sold it for $475,000. What’s your point

@wolfnoggin2165

Жыл бұрын

@@johnnychimpo7539 well… 1800 dollars in 1973 in todays money would be around 12,000 dollars… is it not? I hate people who think they are smart…

$1820 would be nowhere near $450k today in the market. The Dow Index would be about $70k.

@tgms177

Жыл бұрын

It's $12000 in today's money. I used an inflation calculator to check it

@TheTransitmtl

Жыл бұрын

​@@tgms177 Explain to me how 1830$ would become 12k today with inflation. Inflation makes your money worth less not more. If you had 1830$ in 1973 and just kept it inflation would have robbed you of 10 thousand dollars. Which is why he's not talking about inflation. He very clearly is comparing the watch as an investment compared to "parking the money in the market". In an S&P 500 indexed fund 1830$ invested in 1973 would be 231k today so je is still way off

@Alex-nb4qy

Жыл бұрын

​@Louis-Alexandre Simard 12k$ worth less today than in 1973 = inflation

@BabyKMoney

Жыл бұрын

@@TheTransitmtl that number is based off of how much things costed back then, so what is $1830 then is now much more because of what you could buy for $1830 would cost such and such more now, for example what he could get an AP for then is what it costs now to pay rent.

Still a good investment. You get to have a pretty watch. In the case of other brands, watch price don't go up if it's used

Nautilus didn’t come to market until 1976. So this watch is super special if it came out three years before it was invented.

@TheMalteseFury

Жыл бұрын

I never understood why people like you talk about things they have no idea about. Please google this model. Everyone has access to google.

@TheMalteseFury

Жыл бұрын

You’re probably confusing the sale date with the manufacturing date btw.

@charlief8690

Жыл бұрын

@@TheMalteseFury Such blistering irony in telling me to Google it. The search engine confirms: 1976 was the year Nautlius was introduced, so there couldn’t have been one in 1973. It was also originally $3,100 retail, not $1,800. I’m right, you’re wrong.

@TheMalteseFury

Жыл бұрын

@@charlief8690 type in 1973 original patek nautilus so you can stop humiliating yourself like this. Otherwise I can just straight up send you links to the sales pages if it’s too confusing for you.

@TheMalteseFury

Жыл бұрын

@@charlief8690 they went on sale in 1976 but they had already made them in 1973. Hence why this man said it was made in 1973… which is why I was telling you that you are confusing the sale date to the manufacturing date.

a win is a win

I’m wearing 41$ watch past 6 years and I get lots of compliments with it. I drive 7000$ car few years now and the only experiences are oil,brakes and tires. For someone this would be absurd but to me it’s normal because I’m very rich having my family by my side and we living in tropical country on white sand beach. You just have to find your own happiness iin this life and material things are not it.

In fact, the watch significantly outperformed the market! The watch appreciated from 1800 to 450,000 over a 49 (lets round to 50) year period. The stock market returned 10% per year on average over the last 50 years. Lets assume we are compounding annually. 1,800 x (1 + % return)^n = total investment So we get 1,800 x (1.10)^50 = 211,303 USD. In order for the stock market investment to outperform the watch we would have to be more generous to a 12% per year return (520,000 give or take a few thousand) It becomes even more interesting when we correct both values for inflation. In the end it doesn’t really matter. Buy what you like and wear it!

I never understood how that piece of ordinary and boring design is so expensive.

Even though putting $1,800 in the market in 1973 would have been a better investment, that watch was indeed a good investment, despite what he said at the end. You can’t say it wasn’t a good investment.

1820$ in 1973 is equivalent to 12,166$ today. Who tf is doing this guys inflation calculations lmaooo

@paarbannath2925

Жыл бұрын

I think he meant investing in the stock market or sth and not inflation. But even thats probably wack calculations. 😂

@joepowell7637

Жыл бұрын

@@paarbannath2925your both idiots. That would be over a million dollars today in a standard roth ira

@TheTransitmtl

Жыл бұрын

He is not talking about inflation. He is talking about investment. He clearly says "if you had parked it in the market"

@InterstellarCloudd

Жыл бұрын

​@@TheTransitmtl that's still bs, you can literally say that about any sum of money. No one is trading like that, foh.

@wolfnoggin2165

Жыл бұрын

@@TheTransitmtl who cares about the stock market? The comparison is simply retarded… Can you tell me what the watch market has to do with the stock market? NOTHING AT ALL…. It’s a fact that The man bought the watch for 1800 dollars in 1973 (today would be around 12,000) and sold it for a whopping $475,000 The “if you park the 1800 in todays market” statement is completely irrelevant because it never happened This example is hypothetical and manipulative…

park it in what market exactly? countless funds and companies that were “too big to fail” are gone now

@m.o.5291

Жыл бұрын

Lets flip it around, how many watches you know that went from 1800 to 450k?

@TheTransitmtl

Жыл бұрын

Indexed funds. S&P 500. Nobody invest all their money in just a couple companies. Even my comparitively small retirement is spread in over 1000 companies.

From the best price to buy $1820 in the market in 1973 to the top in Jan of 22’ is about 5200% ROI, getting that cash to 94640, not including or taking into account dividends, inflation’s effect, the money supply

I know these french couple. They used to own a restaurant on UES

$1,800 in 1973 dollars is $12,000 in todays money…..

It would be 10k in today's money

Which market? Only when ur lucky enough to choose the right one! When u choose the farmers market on Friday, then we had a great time in 1973 but that’s long gone now! 😂😂😂🎉🎉

Tell me you can’t do math and know nothing about “the market” without telling me you can’t do math and know nothing about the market.

Whaaaaattttttt that’s crazy

That still depends where you put it in the market

Even if the market WAS more, watching money in the market for 50 years is a lot harder than buying a work of art and leaving it in your cabinet for half a century.

I still have my £2000 in saving from 1978😂😂😂😅😅

Real g

1800 to over 400k is a good investment any day even if u lose a bit of change off the top..

Lol that’s one of the safest investments EVER 😂😂😂😂

Timeless design that's why these watches become heirlooms

Crazy how $1,800 in 1973 is like $13k with inflation today

I’ve got 10 of them in my bottom drawer stamped and retailed by China £1-80 the lot

Lmaoo watch guys just talk out their as* thinking they’re always right but couldn’t be more wrong

What they didn't hear is the part where he paid $474,500 for the watch

Classic case of the more you make the less you appreciate never enough is it

The fact that S&P was made in 1973 is crazy it’s such a beautiful watch its literally timeless pieCe

Is this the same guy from that pawn shop show that takes place in Detroit?

Bad math from the Watch guy lol

1/2 Million dollar watch…he handling it with no gloves and waving it around like it’s a Timex. 😮😮

😂 what a hype with all these watches 😂

It is a good investment. That works out at approx. 11.7% p.a. compound interest. You also benefit by not being subjected to the volatility of the stock market, and sleep better at night.

He can be a great car salesman.

I had a bowel movement...last night...Original Chocolate and Peanuts ...With Original papers from "Cracker Jack "...

Hahahhahahaha, I just thought the same thing giving 1800 seven doubles and realized I’d take the watch all day. Glad to see so many other people thought about that

Wow what a amazing time piece. Never new that Patek Philippe and Tiffany & Co worked together on pieces like these great to know. But until I hit the lottery I will keep dreaming of owning a piece this rare and unique. Great sale $1,500-450,000 that’s a big difference in my opinion😬.🤙

@russianbot842

Жыл бұрын

they didn't work together on the piece. tiffany just sold some.

This is the post that I'm talking about 1,820 value of today's dollar back in 1973 it would have been 12,166 so unless ur talking about some type of guranteed investedment wich If that were the case everyone who have been doing so even if they had 1 dollar

Today would be 10,000$ aprox.

Making stuff up - conjecture 😂

According with all watch salesman, they never make a profit, apparently their profit margins are 100 to 200 per watch and they still end up paying for lunch 😂

The time the watch dealer who talked clients into buying stocks instead of watches and had to misspeak to do it

This guy always thinks he’s the smartest guy in the room….

Maybe 10K in todays money! So yes it was a good investment. This watch is rare and collectable. That’s why it’s has 400 thousand price

1800usd in 1973 is just around 12700 today.

Good and best are different.

Just “park it in the market” huh 😂

You would only have around 250000 if you put 1800 into the market in 1973. In s and p you would get around 277k so no less then 450k

No. It IS a good investment. Cause those 1.800 from back then would be devalued so much. It would still be 1.800 with todays market power. The watch gave it physical/ backed value that surpassed the time!

It’s a good investment on the resell price alone Why would you compare it to something else to tell if it’s a good investment or not At the end of the day, and regardless of where else you could have invested it, you made money out of it Could not be the best but still is a good investment

“Lovely watch, where did you get it?” “In a basement where a financially illiterate gym bro fleeced me. Sick huh?”

What market gave that kind of return?

@russianbot842

Жыл бұрын

orange juice futures

$1800 dollars in 73 is about $12k now… what is this donut on about

@user-ot9vo3pm1h

Жыл бұрын

Exactly what I was thinking

@salvatoresciorta5301

Жыл бұрын

Park in it the market is referring to investing it into mutual fund/index fund most likely a s and p 500 fund meaning the money invests into top 500 us companies. If you did that you wind up with roughly 280k so he's actually incorrect the watch is the better investment.

@oscardominguez1680

Жыл бұрын

😂😂😂 had to google

@wolfnoggin2165

Жыл бұрын

@@salvatoresciorta5301 it’s a dumb comparison because watch market has nothing to do with stock market lmaooo This is just a manipulative strategy to convince people that they should pay more… for an item that retail price would be 12,000 today. 😂😂😂😂

He meant that he is not happy still 😂😂😂

Someone offered 40k for on on another channel, it ended up “being fake”

Flawless reasoning 🤣

Lmaoo either way you turned 1,800 into 425K… I swear these Jewlers need to wake tf up Lmaoo

It actually makes sense because, worth of money changes over time.

I find it hard to imagine what sort of person would pay such huge sums for such an insignificant thing. A watch is a personal thing, worn next to the skin, I wouldn't want someone else's old watch.

1973... No one who have parked anything in the market .. Vietnam debt, nixon Pardon and OPEC oil crisis , so this watch was probably bought because the other markets were bear.

You’d have over $2m if you had put $1800 in AAPL