Once a $1,800 Patek Philippe Nautilus

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[Bob_]

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

[chrissimpson]

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

[r.suryan]

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

[jackominty]

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.

[WorldTravelerCA]

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.

[zekemaverick]

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

[carlosmontana]

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

[bennisim]

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,

[princeZPT]

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

[ColinBenjamin]

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

[NinjaNick]

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

[demetreserrano]

If you took the $1800 and invested it in 1973 that would be worth $323, 792.34 today. So the watch is a significantly better investment.

[rayenfahlouchi]

$1, 800 in 1973 is equivalent in purchasing power to about $12, 751.62 today, an increase of $10, 951.62 over 51 years. The dollar had an average inflation rate of 3.91% per year between 1973 and today, producing a cumulative price increase of 608.42%.

This means that today's prices are 7.08 times as high as average prices since 1973, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 14.116% of what it could buy back then.

The inflation rate in 1973 was 6.22%. The current inflation rate compared to the end of last year is now 2.89%. If this number holds, $1, 800 today will be equivalent in buying power to $1, 852.11 next year.

[frankphilpot]

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

[bodyazhan]

14, 5k in 2024, this guy has made 31x the money . That's great investment!!!

[MrMakhitta]

nautilus was launched in 1976, an Royal Oak was launched in 1972. These people have no idea what they talk about..

[fulllietuvostv]

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

[ArJune_]

The watch is so precise at timekeeping that it was almost being sold three years before it was even available on the market! 😮

[BossGabino]

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

[toogs]

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.