Been waiting years to buy a SS Daytona & it finally came. Black dial from AD @ retail. Given today’s environment is it still a good idea? Thoughts? How did Rolexes perform in 08-09? Daytonas 08-09?

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No one really gave a crap about Daytonas in 08, that's why vintage ones are valuable now. After Paul Newman died they became popular and there flat out just weren't that many old ones because people didn't really want them. Nowhere near the demand for Subs and DJs.
The SS prices being so high above retail is new also, you could pretty much walk into an AD and get most of them with minimal wait until ~5 years ago.

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Rolex and other veblen goods don't do well in recessions and economic collapses.

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Got my sub on retail, can confirm it’s lost less than the market and this will be the case going forward

If you’re buying at retail, and you wont miss the cash even in a recession (which should be the case anyway) then I’d go for it.

smart

You are buying for the wrong reasons. It’s a watch.

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Right, I’m lost one because I’m not calculating ROI on a wristwatch 🙄

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Are you going to hold onto it for awhile? Why does it matter if yes?

I’ll take it off your hands if you don’t want it

Buy it

will also take it off your hands if you don’t want it haha

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