ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
|
Thread Tools | Display Modes |
|
29 November 2011, 12:28 AM | #1 |
Banned
Join Date: Sep 2011
Real Name: -------
Location: -------
Watch: ---------
Posts: 12,609
|
TT blue face and bezel, can't beat that classic look
|
30 November 2011, 11:02 AM | #2 |
"TRF" Member
Join Date: Nov 2010
Real Name: Mr. Bill
Location: South Florida
Watch: 16610
Posts: 6,148
|
To the OP from your original posts: Never in a million years would I suspect that I would own a Rolex until my mom said "Let's get it, you seem to really like it."
Who is paying for this watch "Let's get it ..." "Let's" is let us. So who is paying for this watch? Mom?
__________________
Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13 |
28 November 2011, 03:05 PM | #3 |
Banned
Join Date: Jul 2011
Location: Cambridge, MA
Posts: 54
|
@daunwaun the value of a dollar ha! the way I see it the green back is losing. Now the value of the GBP that's something we ought to look at. I don't see myself getting into real estate gig or anything until later in life. Sure at least a 1000 a month but what if I run into complications while trying to pay that mortgage or lets say I have a ton to do in repairs so people will actually want to live there. The 1000 month barely puts a dent in what I have to spend to fix it up. I know the old saying you gotta spend money to make money but that's more like trying to get out of a deep hole that slowly fills with water. Eventually, the hole will be full and I hope to swim to the top or float to the top but in the process I could drown. Its not a risk I'll take.
Comments like this are seriously off putting and showing that you take these forums to seriously. Lighten up and let me try to live my life to the best. You're one of the many that make it look miserable and fill me with lots of rage and hate. Seriously, any comments like these I say STFU to and just look the other way. |
28 November 2011, 11:43 PM | #4 | ||
"TRF" Member
Join Date: Jul 2008
Real Name: Eric
Location: Location,Location
Watch: this, bro...
Posts: 15,340
|
Quote:
Quote:
|
||
29 November 2011, 12:32 AM | #5 | |
"TRF" Member
Join Date: Sep 2009
Real Name: Dalip
Location: Mumbai and Perth
Watch: Rolex PAM Omega
Posts: 18,656
|
Quote:
__________________
------------------------------------------------------------ "The liar's punishment is not in the least that he is not believed, but that he cannot believe anyone else." George Bernard Shaw |
|
30 November 2011, 08:31 AM | #6 |
"TRF" Member
Join Date: Jan 2010
Location: Albany, NY
Posts: 31
|
[QUOTE=Hiya Buddy;2898270]Sure at least a 1000 a month but what if I run into complications while trying to pay that mortgage ...QUOTE]
Put that same thought into your watch finance decision. Amerikuh, FVCK YEA! (southpark) |
28 November 2011, 03:12 PM | #7 |
"TRF" Member
Join Date: May 2009
Real Name: Sam
Location: Gotham City
Watch: Wall Street
Posts: 9,954
|
@Hiya_Buddy there is no reason to explain yourself to anyone on this forum, most folks here are older than you and I combined, however, as I initially wrote you should hold off on that DD2 and use that cash for something more fruitful. Enjoy college, have fun, make mistakes that won't impeed your financial future or your health. Keep an open mind while posting here and don't take anything people say here offensive. Heck if you really want a Day Date I'll let you borrow my 18946 next time you're in NYC (I'm joking )
|
28 November 2011, 03:19 PM | #8 |
2024 SubLV41 Pledge Member
Join Date: Sep 2008
Location: New Mexico
Watch: Seiko #SRK047
Posts: 34,460
|
I'm 62 and I live in a man-cave. Seriously.
Don't finance a watch. Put the money in the bank and when you have enough cash, buy the watch. However, reading your posts on this thread it seems like you have everything else in the world already figured out. Deciding on a watch and financing it should be a cakewalk for a go-getter like you.
__________________
JJ Inaugural TRF $50 Watch Challenge Winner |
28 November 2011, 03:23 PM | #9 |
Banned
Join Date: Jul 2011
Location: Cambridge, MA
Posts: 54
|
LOL @FremStar thanks for that. I mean I've looked at stuff already. I don't want a car, I want a necklace like my dads (18K YG Cuban Link) but 12+ grand on your neck is easier to see than 30 grand on your wrist. The same applies to a 18K YG bracelet that I want and problem is, it can be seen right away as gold. The watch is the best because you can't tell if its real gold because so many people wear watches that look like they're made of gold. That's why the DD II is more practical than any ring, bracelet, or chain.
I'm not looking for any house because I would rather live in some sort of condo then think of buying a house when I'm in my late 30s. I don't want to live with my parents forever but that will save me money. Again, if I had the DD II I'd pretty much be all set with blowing lots of cash until I think its time to buy a house. Ultimately my goal to buy a house is to take a stroll to then bank, fill up a sack with withdrawal money, and drop that sack of cash in front of the person selling me the house, to make a statement Realistically speaking, however, I would get a mortgage of some sort but I hope it isn't for 30 years |
28 November 2011, 03:24 PM | #10 | |
"TRF" Member
Join Date: Sep 2008
Location: WI
Watch: 16233, 15200
Posts: 66
|
Quote:
I feel like I'm missing something here. For one thing, is the Sub going to be financed as well? If not, who's going to actually be the one spending money on the Sub? The only reason I say this is because it sounds like the Mom was the one who bought the current DJIIs. If this is the same deal with the Submariner, than I guess that's the only option if the DDII is off the table. When it's OPM, you take what you can get. Second, how are you going to actually pay for this? You say that you can't get 37 grand and only have cash on hand of 15, which leaves a balance of $22,000. With interest completely out of the picture, you're looking at about a $611 monthly payment for the 36 month time frame. I don't know if you're a full-time student, but most students I know don't have enough disposable income to spend $611 bucks per month on a luxury item.You mention that you work whenever you can, but when you're considering long-term financing, you have to think more, well, long-term. Where do you plan on being 3 years from now when you pay off the debt? Also, you mention that this is going to under your mother's name if you purchase it. I guess my next question would be regarding who exactly it is we're asking the store to finance here? If the account is going to be in your mother's name, I'm confused as to why you have to go around looking for long term financing. It seems she's aware that you want this item, so if this has to be done at all, why not just have her purchase it and arrange to pay her back somehow? Either I'm missing something here or this sounds like a potential powder keg waiting to go off. |
|
28 November 2011, 03:27 PM | #11 |
"TRF" Member
Join Date: Apr 2008
Real Name: ChrisTOPHer
Location: Sydney
Watch: Rolex, Brellum,
Posts: 12,601
|
1) Do not finance a watch for $15000. You have plenty of nice valuable watches, no need to get $20000 in debt.
2) i agree with you on property a bit, it is a liability. I have actually owned three- ( not at same time) 2 outright in the UK and having sold my last UK property I have now bought one in Sydney. It is Mortgaged of course because i do not joke when i say you cannot get ANY 2 bedroom Property with 20km of the Sydney city ( unit , apartment ) for under half a million US MINIMUM. Now i know in Sydney i will never lose money on a property and everyone has to start somewhere UNLESS you want to end up a 40 year old in your mums basement. I am now 27 and i have a few watches.. a lot less then i woudl like;) but they woudl be the first things to go if i really needed them too. I could not justify $5000, never mind $35000 on a watch at the moment for various reasons. Yet if i wanted to, i do have the money. I think in a few years you will realise that having spent $15,000 and financed 20,000 would be a big mistake. Just think, add $15000 to whatever else you make and can save until gradutation. You might then get offered a great job and be able to afford a deposit on a house/ apartment. Now a single 24 year old with his own house with 2 great rolex watches is a lot smarter person than one with an extra $35000 gold rolex.
__________________
"Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795 |
28 November 2011, 03:31 PM | #12 |
Banned
Join Date: Jul 2011
Location: Cambridge, MA
Posts: 54
|
@Aeternitas Mom pays for it. Because she does this, I am going to take her on vacations. And my brother and I plan to pay her back with a Rolex and other fine pieces of jewelry that she really wants. She and my dad have done lots for us and we're gonna pay them back when we're both on our own.
So the no interest financing is a good thing to consider especially when we can put down half the price of the watch itself and pay off the rest in increments. |
28 November 2011, 03:44 PM | #13 |
"TRF" Member
Join Date: May 2009
Real Name: Sam
Location: Gotham City
Watch: Wall Street
Posts: 9,954
|
@Hiya_Buddy you sound like my buddy Ritchie (ObscureLight), his folks own a buisness he helps operate, just like yourself he came in big on TRF purchasing a 14060, 116261, and 118238 within a few months, it appears like your mind is already made up. If your parents are willing to finance this purchase for you then who are we to state otherwise. If you were sitting in my office I would say you're nuts but on a public forum like this it's all fair game! I don't want to sound like a broken record, however, put the cash into something more meaningful, if not I look forward to seeing your Incoming thread As an FYI to you, I was given the opportunity by an AD to wear the Chocolate dial Rose DD2 for a day, however, did not bite on it because quite frankly the piece was not what I expected in 41mm piece. If you finance that piece and decide you don't like it your Mom will be stuck with the MSRP note to pay while you lose cash in trying to find a buyer!
|
28 November 2011, 04:09 PM | #14 |
Banned
Join Date: Jul 2011
Location: Cambridge, MA
Posts: 54
|
@FremStar I tried on the DD II over a year ago and would like to try it again when I visit one of my ADs. At Ross Simons here in Boston I had the opportunity to try on the WG submariner with blue dial. That thing weighed a ton and Im a bigger guy lol I thought it was nice but not for me. But I have to find the time to try on the DD II in YG again that way I can compare with mine that I now have ha ha. Anywho whichever one I get you can look forward to in one of my next posts.
|
28 November 2011, 04:57 PM | #15 |
"TRF" Member
Join Date: Feb 2011
Real Name: Craig
Location: Seattle-ish, USA
Watch: GMTIIc, AK, LVc
Posts: 7,022
|
Facepalm anyone?
|
29 November 2011, 02:20 PM | #16 |
"TRF" Member
Join Date: Jul 2010
Location: PNW
Watch: DS,BLNR,SubLV,DJ2
Posts: 8,123
|
Hiya Buddy - best of luck and happy hunting! Some comments are good and other comments border on hater types. Go with what pleases you the most.
|
29 November 2011, 02:36 PM | #17 | |
"TRF" Member
Join Date: Mar 2011
Location: Nj
Watch: 116200, 116610
Posts: 1,191
|
Quote:
Dam when I was 19 I thought a $800 movado was big time ballin.. My first decent watch was a rado I know but it was over $1000 and I was scared to wear it thinking I would get jumped for my rado and then a B&m and finally at 30 got my first rolex date just for $5k and I feel blessed to have that.. I would feel horrible asking my moms to finance a $30k watch .. She thinks I'm crazy for spending $5k on a rolex.. So she would smack me silly if I asked her to sign for a 30k watch.. I felt bad and had to butter her up to co sign my lease on a 30k Acura that was $300 a month and I was making 50k a year at the time 6 years ago.. |
|
28 November 2011, 05:25 PM | #18 |
2024 SubLV41 Pledge Member
Join Date: Jun 2011
Location: Southwest USA
Posts: 896
|
When I was 19 I had just joined the Air Force and would have been thrilled to have 1 Rolex. You are very blessed to be able to do such things. Enjoy them. As for financing I would not even finance with an interest free loan. It is a watch. I don't even finance vehicles much less a watch. It is such a bad Idea. Paying for a watch with a credit card is fine. Just pay it off when you get your statement. My rule of thumb is always have X amount of dollars cash for life and I have a slush fund with X amount of dollars in it. I never ever mix the 2. If I can not outright pay for something I want I do not buy it. It is that simple, No other way around it for me.
The only positive for buying a Rolex or 3 is if you do need money you can flip for cash. But that only happens if you do not owe anyone anything for the watch you flipped. |
28 November 2011, 05:48 PM | #19 |
"TRF" Member
Join Date: Jan 2009
Real Name: Adam
Location: Japan / Australia
Watch: LV/116520/118238
Posts: 471
|
The op's a damn fool
|
28 November 2011, 05:59 PM | #20 |
"TRF" Member
Join Date: Sep 2008
Location: Sweden
Watch: Rolex, AP & PAM...
Posts: 1,403
|
It is pathetic to consider to go to he UK from the US only to finance a watch you obivously cannot afford (why would you otherwise cosider financing), if you really are 19 year, sell the oldish T/T DJ's and buy a S/S SubC in the US and worry about geeting a DD later in life,
psv: had good advise for you, follow them i also my advise
__________________
Rolex - SubC... AP - Diver... Panerai - PAM380 Omega - Speedy PRO |
28 November 2011, 06:03 PM | #21 |
"TRF" Member
Join Date: Mar 2011
Real Name: Bryan
Location: Pacific Northwest
Watch: YG DD lchdp
Posts: 2,963
|
This thread makes me realize what good parents I have.
To the OP - you need to read the book The Richest Man in Babylon. Then, you really need to learn that this appetite your fueling cannot be satisfied. the WANT for more never dies and never rests. Better to get addicted to accomplishments and carry that victory and confidence in your eyes, not some fake image of accomplishment through wearing jewelry you simply cannot afford because you have no financial power. |
28 November 2011, 10:57 PM | #22 | |
"TRF" Member
Join Date: Dec 2009
Real Name: JP
Location: USA
Watch: All of them!
Posts: 917
|
Quote:
__________________
********************************* "Eveyone has a plan until they get punched in the face." Instagram: @30threejosh |
|
28 November 2011, 06:43 PM | #23 |
"TRF" Member
Join Date: Nov 2008
Real Name: Yannis
Location: Europe
Watch: maniac
Posts: 9,070
|
I will focus on the watch question and i will say try both watches on (DDII, Sub) also try a DSSD and choose the DSSD.
Kidding aside i like them equally and i believe both the Sub and DDII are great watches! |
28 November 2011, 06:50 PM | #24 |
"TRF" Member
Join Date: Dec 2010
Real Name: thewatchguy
Location: UK
Watch: me buy gold..
Posts: 7,441
|
Do you really want to spend around $1,200 per month for 36 months? OUCH!
__________________
Instagram.. @thewatchguy www.thewatchguyofficial.co.uk Got a GREEN Submariner 116610LV.. Visit the official thread here! http://www.rolexforums.com/showthread.php?t=179580 Don't forget to visit the Rolex & Attire thread too! http://www.rolexforums.com/showthread.php?t=215077 |
28 November 2011, 07:06 PM | #25 |
"TRF" Member
Join Date: Feb 2010
Location: bp, hu, eu
Watch: dj 16234, 116610ln
Posts: 2,376
|
ok, here we go:
__________________
16234 jubilee dial, 116610 ln, grand seiko sbgm221g, omega speedmaster mark II, longines legend diver, breguet 3910, nomos club campus 38, swatch sistem51, mares nemo, seiko ripley, g-shock rangeman instagram: modus_horologicus |
28 November 2011, 07:21 PM | #26 |
"TRF" Member
Join Date: Nov 2011
Location: The Pinnacle
Posts: 11
|
I’ve been on this forum only recently and must admit that most people here are very nice. They’ve mainly laid it out very gently to you. I guess its somewhat reflective of the profile of a majority of the people here.
That being said, it’s your life and we respect your decisions. But I do think you have some very good advice from the various members here and hopefully it is something you’d want to consider. In any case, all the best in your final decision. |
28 November 2011, 09:29 PM | #27 |
Member
Join Date: Jun 2010
Location: Michigan
Posts: 44
|
I am paying for both of my kids college education just like your parents are.
If I found out that either of my kids financed a watch, or ever considered doing such a thing, their tuition would be cut off immediately. If they can afford to finance a watch, they can afford to finance their education. I'm just thankful that neither of my kids would ever contemplate such a thought. |
28 November 2011, 11:11 PM | #28 |
"TRF" Member
Join Date: Aug 2011
Location: Sydney Australia
Posts: 1,196
|
Big fan of the YG DDII.
|
29 November 2011, 02:35 AM | #29 |
"TRF" Member
Join Date: Jan 2010
Real Name: Don
Location: Borneo
Watch: it!
Posts: 864
|
nowadays, young ones no longer seem to be able to differentiate between needs and wants.
you don't need another Rolex, much less one which you or your parents will have to finance. the family business (in which you are helping out with) may be doing well now but that is not guaranteed for the duration of the (interest free?) financing period. have you put any thought into the fact that your parents (or just your mother) might be putting themselves into a financial risk just because they want to make you happy? |
29 November 2011, 02:41 AM | #30 |
"TRF" Member
Join Date: Sep 2011
Real Name: Carl
Location: Always moving
Watch: If you wish...
Posts: 22,039
|
Hiya Buddy, I'm 21 and own a couple of watches that are, considering my budget for those purchases, quite expensive (nothing like yours tho, congratulations on those two DJ-II's ). I know a lot of people already expressed their feelings towards your case but I'll just add mine hoping it can help. In between the two watches I'd rather get the RG DD-II because I think it looks amazing and it's an original watch as you don't see them very often (I already tried the YG model and thought it was a beautiful piece). However I would never consider any type of financing for jewels or watches (believe me, I've been buying rings, bracelets and chains since I'm 14-15 and I always saved my "hard earned" money to buy them and paid them all at the very moment of the purchase! ). I know people told you about being struggled with debts but I'd also like to add a little fact: there's nothing like buying something with some money you know you saved and gained with hard work! It sounds very cheesy and old but personally I think it adds a special thing to the whole process and I wouldn't change that habit of mine!
P.S.: Don't forget that it remains your money and your business, you do what you want but I'd choose between those options: save to buy the DD-II or get the Sub and keep the other one as a thing to buy before I reach 60!
__________________
Mon corps c'est un pays en guerre sur l'point d'finir, Le général de l'armée de terre s'attend au pire, J'ai faim, j'ai frette, je suis trop faible pour me lever debout, On va hisser le drapeau blanc un point c'est tout. - André Fortin |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.