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How old should you be before you can buy an expensive watch? - Page 2

post #16 of 73
Quote:
Originally Posted by josepidal View Post
Probably a silly question but when do you guys figure it's okay to think about buying an expensive dress watch (unless Daddy is a billionaire who gave you one for your 21st birthday)? For example, an expensive watch is an obvious show of wealth and what if no one at work and especially not your bosses have a nice watch or are in any particular way refined in their dress?

He's Baaack!

Its OK to think for yourself Joe, you really don't need everyone to tell you how to do everything in life. If you have $5,000 to your name and you spend it all on a watch then good for you, who cares? If you feel you need to save that $5k for something else thats more important to you then buy a $200 timex and STFU about it.
post #17 of 73
Bought my first a Sea Dweller when I was 23. Saved for over a year..
post #18 of 73
Quote:
Originally Posted by Bradford View Post
Of course, being a Tag Heuer, many here would still say I don't own an expensive watch.

post #19 of 73
Quote:
Originally Posted by Aperipan View Post
Wearing a fancy watch is something that, IMHO, an emblematic symbol of "new money." That's the first thing men buy when they make some money.

I always thought it was a 3-series BMW or a McMansion.
post #20 of 73
Quote:
Originally Posted by whacked View Post
The funniest thing about this thread, much like vaclav's latest in SW&D, is the collective sense of wonder in the replies.

It's just josepidal being josepidal, really.
- oh so josepidal is the xeno101 of MC! That makes a lot of sense..

Quote:
Originally Posted by Aperipan View Post
Why can't you construct your sentences in a more academic manner? No need to conjure theories of psychodynamics to criticize the OP, esp. the ridiculous phrase "are you that insecure?" Wearing a fancy watch is something that, IMHO, an emblematic symbol of "new money." That's the first thing men buy when they make some money. I'd advise the OP to focus on shoes or a nice jacket instead. No one gives a shit what you wear on your wrist. My uncle was a Jeweler and he wore a modest vintage piece while selling these $200K + watches.
- why? I get just as frustrated as the other SF members with these inane posts
- there really is no need to construct in sentences in a academic manner as this is the internet
-if you did a search on all of OP posts - there is a continual theme of WTF..
- & yes you have your right to have your own opinion like myself
- you then throw in a general sentence such as "That's the first thing men buy when they make some money"
- you then counter that it is better advice to put $$$ into clothing than a watch? Have you heard of the concept Return on Investment? You will get a higher return on a watch that clothing when times call for liquidation of assets.
post #21 of 73
Quote:
Originally Posted by NakedYoga View Post
I always thought it was a 3-series BMW or a McMansion.

+1

...or C class Mercedes.
post #22 of 73
Personally I had my first at around 25, worked and saved for it myself. Since then I have had two other Rolex watches and one Omega. I am somewhat glad I didn't get interested in watches until after school as I wouldn't have wanted the responsiblity then of having anything nice to worry about, wheras now I am not as crazy as before.

I typically say either as a grad gift for college or whenever you can manage to buy one yourself so that way you respect it and it stands for something....unless your like me and then start buying more, at which point they just become another thing which sucks IMHO as the magic is gone.

Though I will say be careful of the bosses....my last job I was fortunate enough to pick up a new Rolex Submariner, an upgrade from an Explorer I had sold....I was wearing a knock around Invicta for a long time (sub clone) and one day decided to wear in the Rolex figuring it looked so much like the Invicta no one would notice....

Well not five minutes in the door my director noticed the watch and was astonished by it, she pointed to it with others in my department and said "is that a Rolex?" to which I replied yes...she then exclaimed that she was paying me too much and ever since the watch came up from time to time with her, usually in a somewhat negative light....definately an awkward situation.
post #23 of 73
Quote:
Originally Posted by teddieriley View Post
Question isn't totally out of left field. When one can "afford" it is a little vague, but to further that line of reasoning, that purchase has to be in line with your life's financial goals. You can have $20K saved up in cash, have regular contributions to your 401K and have enough to pay for rent/mortgage, taxes and other life necessities, but should you blow $10K of your savings to buy an IWC watch at a relatively young age?

Kind of hard to say what you prioritize. On one hand you can argue, why should I wait until I'm 50 so I can buy an expensive watch - only leaves you 10-20 good years to enjoy it, versus buying the watch now at say 35 so you can enjoy it longer while still being on course to your financial goals. Not only that, the older you get, and you have a family with young kids, unless you make boat loads of money, what are the chances you will spend that kind of coin on yourself when you have a young family? So should you do it before or after they're grown?

But don't let that fool you. You buy one expensive watch, you're on that path to having a collection. One won't be enough, I'd imagine. It's up to you. Even if I had $50K, I'd hesitate to buy that IWC I had my eye on. Now if I had $100K, different story.

As to your boss, I do find that it matters. You need to sense how they react to that sort of thing. Some partners in law firms, for example, may notice those things and it may not bode well for you if you are perceived as flashy. It's all about using good judgment more than just I want that watch.

Agreed, if you can truly stop at one then do it when you are young IMHO, when you don't have other responsibilities, get it insured and when the price goes up get your rider upped via an appraisal to cover the difference as if you lose it or it breaks you're covered for another one.

My take is you only live once so live it up as much as you can, but if you're like me and it turns into a sickness then you are screwed, you don't want your hobbies/interests to have a negative impact on your long term financial goals.

I only have two nice watches (I say only) and in retrospect wish I had stuck with just one, possibly I will sell the second to fund something nice for my wife as I really don't use it.
post #24 of 73
Quote:
Originally Posted by Mathew J View Post
Personally I had my first at around 25, worked and saved for it myself. Since then I have had two other Rolex watches and one Omega. I am somewhat glad I didn't get interested in watches until after school as I wouldn't have wanted the responsiblity then of having anything nice to worry about, wheras now I am not as crazy as before.

I typically say either as a grad gift for college or whenever you can manage to buy one yourself so that way you respect it and it stands for something.

+1. I'm 24, about to graduate law school, and want to buy a nice watch as sort of a graduation gift to myself, as my parents are funding a European vacation after I take the bar exam. The unfortunate thing is that I haven't been able to save for it, since I can't have a job during the school year, and although summer jobs pay well, rent and utilities are expensive. I'm starting to save now, but I know I'll have to wait close to a year before I buy it... but it will still be a graduation gift to myself. I've got my eye on a few different ones; I'm thinking either Omega, Rolex, or IWC. Although I might do better with a more formal or business looking piece.
post #25 of 73
any age is fine mann... just no tag heuer please
post #26 of 73
Quote:
Originally Posted by josepidal View Post
Probably a silly question but when do you guys figure it's okay to think about buying an expensive dress watch (unless Daddy is a billionaire who gave you one for your 21st birthday)? For example, an expensive watch is an obvious show of wealth and what if no one at work and especially not your bosses have a nice watch or are in any particular way refined in their dress?

I would not waste my money on an expensive watch if your intention is to come off as rich. I know poor people with $5k-$10k watches...hell, I have over $40k worth of watches and I make $10/hr. Also, unless people are interested in watches no one will know the difference. I would only buy an expensive watch if I really liked it.
post #27 of 73
Quote:
Originally Posted by Mathew J View Post
Though I will say be careful of the bosses....my last job I was fortunate enough to pick up a new Rolex Submariner, an upgrade from an Explorer I had sold....I was wearing a knock around Invicta for a long time (sub clone) and one day decided to wear in the Rolex figuring it looked so much like the Invicta no one would notice....

Well not five minutes in the door my director noticed the watch and was astonished by it, she pointed to it with others in my department and said "is that a Rolex?" to which I replied yes...she then exclaimed that she was paying me too much and ever since the watch came up from time to time with her, usually in a somewhat negative light....definately an awkward situation.

People this weak should be destroyed (your boss that is).

You should note that its not the watch that got you in trouble, its the fact that you walked right into a trap and fell for it. Something that comes with the territory of luxury goods is when to talk about them, and when to avoid it and change the topic.
post #28 of 73
In my opinion, watches are more about personal satisfaction, unless they're covered in gold and diamonds. If you want people to think you're wealthy, buy a boat or two.
post #29 of 73
Quote:
Originally Posted by Phat Guido View Post
- oh so josepidal is the xeno101 of MC! That makes a lot of sense..

No, that'd be an insult to Jose, who's a Hahvad-trained (or was it BU?) academic.


Funny you brought up the comparison, cuz here I was thinking Aperiapan is the xeno101 of MC. 17 year old know-it-alls..
post #30 of 73
Easy to use formula IQ-(annual salary/1000)+(penis length in inches ^2)
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