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Jimmyglingo · 18 October 2008, 03:08 AM

I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch?

I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch.

Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?

I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

Tools · 18 October 2008, 03:15 AM

Well.........

Welcome to the forum...I think..

I don't have a job.....

...............But I have a Daytona.....

bodybump · 18 October 2008, 03:44 AM

Quote:

Originally Posted by Tools

Well.........

Welcome to the forum...I think..

I don't have a job.....

...............But I have a Daytona.....

hahahahaha and thats all i need!!!!!!!

sea-dweller · 18 October 2008, 03:16 AM

Only 140K ?

Quote:

Originally Posted by Jimmyglingo

I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch?

I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch.

Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?

I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

Jocke · 18 October 2008, 03:20 AM

I´m a poor auto mechanic, do you have a work for me?

Jocke

astcell · 18 October 2008, 06:42 AM

Quote:

Originally Posted by Jocke

I´m a poor auto mechanic, do you have a work for me?

Jocke

If you are a poor mechanic, you must also be an honest mechanic!

DSJ · 18 October 2008, 03:20 AM

Welcome to TRF Jimmy. With the possible exceptions of your house and Harley (and even these are dicey in today's world!) almost no other chattle/asset will keep its value the way a SS Daytona will. In 20 years, it's likely the Daytona would be worth more than almost any 20 year-old BMW.

ottude · 18 October 2008, 03:24 AM

My wife works... I've been a good boy, so I'm hoping to get a ss Daytona soon!

Until then I have to make do with my ss GMIIc!

JohnEaton · 18 October 2008, 03:30 AM

Quote:

Originally Posted by DSJ

Welcome to TRF Jimmy. With the possible exceptions of your house and Harley (and even these are dicey in today's world!) almost no other chattle/asset will keep its value the way a SS Daytona will. In 20 years, it's likely the Daytona would be worth more than almost any 20 year-old BMW.

Agreed

In uncertain times a diversity of hard assets is a very good idea.

Compare the increase in value of an 116520 SS Daytona bought just over a year ago ($7900MSRP(then) to $9925MSRP or $11-12K gray(now)) to almost any stock bought a year ago, doesn't even need to be WaMu

James T · 18 October 2008, 03:52 AM

Quote:

Originally Posted by DSJ

Welcome to TRF Jimmy. With the possible exceptions of your house and Harley (and even these are dicey in today's world!) almost no other chattle/asset will keep its value the way a SS Daytona will. In 20 years, it's likely the Daytona would be worth more than almost any 20 year-old BMW.

AGREE with you on the value part David.. But still you can't get the value part to reality once you consider selling your watch.....

mfer · 18 October 2008, 03:27 AM

Quote:

Originally Posted by Jimmyglingo

I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch?

I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch.

Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?

I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

Well, I can't justify a boat or Harley b/c that takes away from my watches!!!!

Priorities I guess.

cody p · 18 October 2008, 03:33 AM

leave now, or you will find a way to justify dropping $$$ on a daytona. these watch forums do nothing but stimulate horological cravings!

ashu2289 · 19 October 2008, 09:27 AM

Quote:

Originally Posted by cody p

leave now, or you will find a way to justify dropping $$$ on a daytona. these watch forums do nothing but stimulate horological cravings!

mrkool · 18 October 2008, 03:36 AM

i dont have a daytona and frankly dont want one either but i buy my watches because i like them and not for investment

watchnut · 18 October 2008, 03:41 AM

Hmmm....Taunton. Is that really your name or your hobby? :chuckle

Latrodectus · 18 October 2008, 03:38 AM

welcome to TRF!

I don't have a Harley, a boat and no BMW

I work for my living
and I have a Rolex
and I plan on buying another one soon!

And I am perfectly happy without a boat or BMW or Harley!
But that is just what is on my mind.

SeaDweller1220 · 18 October 2008, 03:39 AM

If you can't buget $140K/year to afford a $10-15K Daytona.
It is a toy that tells time like your HD is a toy to ride.
HD = $15-20 K and 10 years down the road it is worth less than $10K
Daytona = $10-15K 10 years down the road (the way price increases have been coming) easily worth more than $15K.
Bugeting and priorities my friend.
IMHO get rid of the boat and enjoy the watch.
If you really want one!

Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?
Is your boat fast?
(I'll buy your boat if it can get from Columbia to Miami FAST with 500 KG of extra weight)

frostie · 18 October 2008, 03:40 AM

Quote:

Originally Posted by Jimmyglingo

I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch?

I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch.

Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?

I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

Here is the best part

I am just a student

Bought my rolex with my own money though

Jocke · 18 October 2008, 03:42 AM

Quote:

Originally Posted by frostie

Here is the best part

I am just a student

Bought my rolex with my own money though

I will say the best part is to study in Greece.

I can´t imagine what watch you will get when you get a job.

:r ofl:

Should I call you Doctor Frostie?

:r ofl:

Jocke

frostie · 18 October 2008, 03:48 AM

Quote:

Originally Posted by Jocke

I will say the best part is to study in Greece.

I can´t imagine what watch you will get when you get a job.

:r ofl:

Should I call you Doctor Frostie?

:r ofl:

Jocke

Nah don't call me doctor frostie i am just a normal guy

Studying in greek public universities sucks big time but investing in private british colleges is one of the best things to do here in greece in terms of knowledge and worldwide recognition of your degree. Hope that my investment will help me find a good job and spend more money on rolexes

Jocke · 18 October 2008, 03:50 AM

Quote:

Originally Posted by frostie

Nah don't call me doctor frostie i am just a normal guy

Studying in greek public universities sucks big time but investing in private british colleges is one of the best things to do here in greece in terms of knowledge and worldwide recognition of your degree. Hope that my investment will help me find a good job and spend more money on rolexes

Normal guy, I´m not sure.

Jocke

frostie · 18 October 2008, 03:50 AM

Quote:

Originally Posted by Jocke

Normal guy, I´m not sure.

Jocke

Numismatist · 18 October 2008, 03:42 AM

.
.
.
.
.
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<----- I do this to afford this -----> ROLEX!

Jimmyglingo · 18 October 2008, 03:45 AM

I don't think a watch can be considered an investment... put the money in a CD and it will be worth more than your watch in 10 years.... trust me...

My toys are just that... toys... A watch is a toy not an investment. I guess it's just how much someone is willing to spend on toys. I know some would say a Harley isn't worth what they cost.

I'm not insulting anyone here. Sorry if I did that. I love the watch and want one. I guess I was just trying to see if everyone here was rich or if it's like Harleys than even regular folks buy expensive items they are passionate about.

DSJ · 18 October 2008, 03:52 AM

Quote:

Originally Posted by Jimmyglingo

I don't think a watch can be considered an investment... put the money in a CD and it will be worth more than your watch in 10 years.... trust me...

My toys are just that... toys... A watch is a toy not an investment. I guess it's just how much someone is willing to spend on toys. I know some would say a Harley isn't worth what they cost.

I'm not insulting anyone here. Sorry if I did that. I love the watch and want one. I guess I was just trying to see if everyone here was rich or if it's like Harleys than even regular folks buy expensive items they are passionate about.

Most of us are regular people who happen to choose to use our discretionary income on a Rolex, instead of a boat. I wish I had a boat, but wouldn't get rid of my watch for one. Again, priorities. And you're right, NONE of them are investments, typically.

Tools · 18 October 2008, 03:53 AM

Quote:

Originally Posted by Jimmyglingo

I'm not insulting anyone here. Sorry if I did that. I love the watch and want one. I guess I was just trying to see if everyone here was rich or if it's like Harleys than even regular folks buy expensive items they are passionate about.

Nobody is insulted yet.. We already wear Rolexes...

A Dyna Glide cost as much as 3 Daytonas

A Benz cost as much as 10 Daytonas.....................

I would say that you're behind the power curve and need to catch up... C'mon...if you don't get one now, when will you..

HoustonRider · 8 December 2008, 05:45 AM

Quote:

Originally Posted by Tools

Nobody is insulted yet.. We already wear Rolexes...

A Dyna Glide cost as much as 3 Daytonas

A Benz cost as much as 10 Daytonas.....................

I would say that you're behind the power curve and need to catch up... C'mon...if you don't get one now, when will you..

I've never seen a Hardley (yes, I spelled it right) that was over $30k.... I do know most of the guys who buy them finance the **** out of them, and try to get it all back 2-3 years down the road.

If you're at $140k and you can't peel off $5k for a watch, you aint doing something right, or you're maxed out and need to swim in water that isn't over your head. I have 3 cars, 2 houses, THREE custom bikes and 3 Rolexes... and I don't "want" anything... you can always sell a Rolex, and lose little cash (if any).

Buying a $10k watch isn't like financing a $20k Hardley. Most of the watches I buy, I get use out of, and get my money back when I sell them (if not more).

Some Pair · 18 October 2008, 02:08 PM

Quote:

Originally Posted by Jimmyglingo

I don't think a watch can be considered an investment... put the money in a CD and it will be worth more than your watch in 10 years.... trust me...

My toys are just that... toys... A watch is a toy not an investment. I guess it's just how much someone is willing to spend on toys. I know some would say a Harley isn't worth what they cost.

I feel bad for you if your keeping safe money in CD's. CD income is taxable. If in an IRA, etc. then later when getting your retirement disbursements. You ought to rethink that statement and figure where banks put safe money to then pay you the lesser CD rate off the formers higher rate of interest.

On the toy thing, people have been investing properly in collectable cars /bikes and driving their money for years. Rolex is a high end passion as collectable cars are and in most cases on either front, "You Can Drive or Wear Your Money"

Stop hemming and hawing. Wear your money proud, or go on Dreaming Rolex.

Harley riding and wearing a nice Daytona / Sub will do wonders for your self esteem. Or really man, just alow you to enjoy all your hard work.

Look at it this way, how many Toys can you actually add to your Portfolio?? huh? Best regards to you....

DARK_KNIGHT · 19 October 2008, 02:54 AM

Quote:

Originally Posted by Jimmyglingo

I guess I was just trying to see if everyone here was rich or if it's like Harleys than even regular folks buy expensive items they are passionate about.

There is lots of passion here.

JJ Irani · 18 October 2008, 03:45 AM

Quote:

Originally Posted by Jimmyglingo

I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch?

I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch.

Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off?

I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

Nice entrance, pal.

Right......now you've got a $140K+ salary, a BMW, a boat, a Harley, a house.....

One question: Wanna swap?

Cheers - JJ

18 October 2008, 03:08 AM	#1
Jimmyglingo Member Join Date: Oct 2008 Real Name: Jim Location: Taunton Watch: Movado Posts: 16	Who are you people?!?! I can't take much more of this. These watches are incredible. The Daytona is the best looking watch I've ever seen... but who can afford such a watch? I do fairly well, $140k+ salary, BMW, boat, Harley, House... yet I can't justify spending $10k+ on a watch. Who are all of you buying these watches, because the pictures posted here don't look like you are rolling in the money. Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off? I hate you all... except the posers because I could do that but prefer not to buy something that keeps food off the table or my children from attending good colleges.

18 October 2008, 03:15 AM	#2
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,514	Well......... Welcome to the forum...I think.. I don't have a job..... ...............But I have a Daytona..... __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

18 October 2008, 03:20 AM	#5
Jocke 2024 SubLV41 Pledge Member Join Date: Apr 2006 Real Name: Jocke Location: Sweden Watch: A dozen of Rolex's Posts: 22,541	I´m a poor auto mechanic, do you have a work for me? Jocke __________________ This message is written in perfect swenglish. What is best a custom Rolex or a Rolex that is stuck in custom? Buy a professional camera and you´re a professional photographer, buy a flute and you own a flute.

18 October 2008, 03:20 AM	#7
DSJ "TRF" Member Join Date: Dec 2007 Real Name: David Location: USA Watch: your step! Posts: 7,882	Welcome to TRF Jimmy. With the possible exceptions of your house and Harley (and even these are dicey in today's world!) almost no other chattle/asset will keep its value the way a SS Daytona will. In 20 years, it's likely the Daytona would be worth more than almost any 20 year-old BMW. __________________ Rolex. The Rolex of watches. 16570 Expy2 Noir, 116710 GMT Master II, 2552.80 SMP

18 October 2008, 03:36 AM	#14
mrkool "TRF" Member Join Date: Dec 2007 Location: USA Posts: 106	i dont have a daytona and frankly dont want one either but i buy my watches because i like them and not for investment __________________ GMT Master II RED/BLUE Submariner 50th Anniversary LV TAG Heuer Carrera calibre 16 with chrono Panerai Movado S.E

18 October 2008, 03:24 AM	#8
ottude "TRF" Member Join Date: Aug 2007 Location: Vancouver, Canada Posts: 35	My wife works... I've been a good boy, so I'm hoping to get a ss Daytona soon! Until then I have to make do with my ss GMIIc!

18 October 2008, 03:33 AM	#12
cody p "TRF" Member Join Date: Jun 2008 Location: Canada Watch: Air-King 114200 Posts: 2,878	leave now, or you will find a way to justify dropping $$$ on a daytona. these watch forums do nothing but stimulate horological cravings!

18 October 2008, 03:41 AM	#15
watchnut "TRF" Member Join Date: Feb 2007 Real Name: David Location: SW Fla Watch: SS Daytona & TT DJ Posts: 1,430	Hmmm....Taunton. Is that really your name or your hobby? :chuckle

18 October 2008, 03:38 AM	#16
Latrodectus 2024 SubLV41 Pledge Member Join Date: Sep 2008 Real Name: Fred Location: KY, USA Watch: GMT-Master II Posts: 10,043	welcome to TRF! I don't have a Harley, a boat and no BMW I work for my living and I have a Rolex and I plan on buying another one soon! And I am perfectly happy without a boat or BMW or Harley! But that is just what is on my mind. __________________ Member # 16057 4-Hands Club Tosser Club Member TRF Skypers Group

18 October 2008, 03:39 AM	#17
SeaDweller1220 "TRF" Member Join Date: Jan 2008 Real Name: Morten Location: Delaware Watch: SD, Daytona, GMT-C Posts: 273	If you can't buget $140K/year to afford a $10-15K Daytona. It is a toy that tells time like your HD is a toy to ride. HD = $15-20 K and 10 years down the road it is worth less than $10K Daytona = $10-15K 10 years down the road (the way price increases have been coming) easily worth more than $15K. Bugeting and priorities my friend. IMHO get rid of the boat and enjoy the watch. If you really want one! Are you drug dealers, inheritance brats, or posers buying used Rolex's to show off? Is your boat fast? (I'll buy your boat if it can get from Columbia to Miami FAST with 500 KG of extra weight)

18 October 2008, 03:42 AM	#23
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	. . . . . . <----- I do this to afford this -----> ROLEX! __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

18 October 2008, 03:45 AM	#24
Jimmyglingo Member Join Date: Oct 2008 Real Name: Jim Location: Taunton Watch: Movado Posts: 16	I don't think a watch can be considered an investment... put the money in a CD and it will be worth more than your watch in 10 years.... trust me... My toys are just that... toys... A watch is a toy not an investment. I guess it's just how much someone is willing to spend on toys. I know some would say a Harley isn't worth what they cost. I'm not insulting anyone here. Sorry if I did that. I love the watch and want one. I guess I was just trying to see if everyone here was rich or if it's like Harleys than even regular folks buy expensive items they are passionate about.

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