Podcasts Business Invest Like a Boss 231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei

231: Investing in Luxury Watches with European Watch Company's Joshua Ganjei

Published: May 26, 2022, 1 p.m.

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Derek interviews European Watch Company representative Joshua Ganjei about the explosion of interest in trading and investing in luxury watches. Joshua breaks down watch culture, what the market looks like, what brands/models are hot and which watches are the most sought after today. Then Derek and Johnny share their experiences with high end watches and how they\'re looking to get in on this opportunity.\\xa0

Established in 1993, European Watch Company is one of the premier watch dealers in the world. This family business strives to treat you like family. European Watch Company offers seamless and trusted watch buying, selling and trading services globally. The 5- Star reputation, and the curated selection of the finest timepieces in the world is what sets this business apart. The in stock inventory listed on the website is always up to date, and is ready to be shipped globally to your door. Download the iOS app from the App Store to see a continuously updated inventory of the finest watches in the world.

Listen to ILAB 231 on iTunes here or subscribe on your favorite podcast app.

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Where we are:

Sponsor:

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Discussed:

Johnny\\u2019s new \\u2018luxury\\u2019 watch mentioned in the episode

Like these investments? Try them with these special ILAB links:

  • ArtofFX \\u2013 Start with just a $10,000 account (reduced from $25,000)
  • Fundrise \\u2013 Start with only $1,000 into their REIT funds (non-accredited investors OK)

*Johnny and Sam use all of the above services personally.

Time Stamp:

  • 10:23 \\u2013 How did you get involved in the business?
  • 16:33 \\u2013 Can you tell us more about your business?
  • 18:33 \\u2013 Is your business mainly local or international?
  • 21:05 \\u2013 How has the interest in the industry increased over time?
  • 27:35 \\u2013 What is the average type of collector?
  • 31:10 \\u2013 Do you have a suggestion for a \\u201cstarter\\u201d watch for a collector?
  • 35:51 \\u2013 Are the collectors more interested in the older models or the newer models?
  • 39:34 \\u2013 Are watch companies doing collaborations?
  • 42:16 \\u2013 How do you ensure authenticity?
  • 45:05 \\u2013 Any recommendations for keeping the quality of the watch?
  • 47:30 \\u2013 Is there a way to buy one at a retail place?
  • 49:05 \\u2013 Patreon Question: How much for a Rolex day date?
  • 51:07 \\u2013 Patreon Question: How has smart watches affected traditional watches
  • 53:00 \\u2013 Patreon Question: What\'s the best way to appraise a watch?
  • 54:10 \\u2013 Patreon Question: How much higher can the Rolex Royal Oaks keep going?
  • 55:42 \\u2013 Patreon Question: What are your thoughts on a non-swiss brand?
  • 57:33 \\u2013 What are your favorite watches in your collection?
  • 63:17 \\u2013 Derek and Johnny review

If you enjoyed this episode, do us a favor and share it! Also if you haven\\u2019t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!\\xa0

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