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11 January 2008, 05:13 AM | #31 | |
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Quote:
This is an issue that I've wondered about (how much to spend), and find very interesting. Obviously, we each make what we make and have different priorities and obligations. For example, I would never spend 2 months salary on a single watch. That's just my personal view. As much as I enjoy looking at and wishing for watches, I find that it's much more important to invest the money for later. So the question is at what point is it irresponsible to buy a watch? We each have differing definitions of "disposable" income. Would spending $20-$30K on a watch break me? Probably not. Would it be irresponsible? Perhaps. At my age, spending $20-30K on a watch rather than investing would probably cost me some time in retiring as early as I'd like. Also, for me, spending that much on a watch doesn't bring to me that much more happiness than a $2000 to $8000 watch. I would much rather spend $6000 and invest/save the rest. I have friends that make the same and more than me, and they would never spend more than $500 on a watch. Watches just don't do anything for them. You raised a very interesting question when you brought out the salary reference. |
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11 January 2008, 05:20 AM | #32 |
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Interesting points. Yet how many people buy a $50K or $60K car that will depreciate $20K in the first year???
Sure, buying a $20K watch -might- not be as good as investing that same money, but can you insure your normal investments? (hint - no) At my old job, one of my colleagues in Italy handled the Gucci account. He claims that they are doing better in the bust times than ever - saying that the truly rich move their money into luxury items when the financial markets get rocky. Go figure. |
11 January 2008, 05:47 AM | #33 |
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Patek is the best choice
get yourself a catalog and look at all the beautifull things they make.
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11 January 2008, 06:32 AM | #34 | |
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I wonder how many of us actually save money for a watch purchase versus one day just say, "you know, I should treat myself to a watch." I'm more of the later. My recent Rolex purchases have been more of, okay, I'm going to spend a portion of my bonus on the watch rather than waiting until I've saved a dollar amount. |
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11 January 2008, 06:43 AM | #35 |
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AP does much more, and more to my liking:
But most, if not all of the high-end and ultra radical watches are a bit too outlandish to my taste. Just a 'normal' dial with the hour and minute hands cantered and not too much sub-dials is good enough for me
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11 January 2008, 07:29 AM | #36 | |
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This was in the context of EU rich... more old money, folks who are as you say "insulated". However, it's interesting to note that the head of Gucci claimed banner sales - indicating that it was common for the wealthiest people to shift their wealth from markets to "things" when the economy takes a turn for the worse. |
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12 January 2008, 12:47 PM | #37 | |
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best,dan p.s. i would not BEGIN to pretend to know how to use that watch, but it would be fun to learn, no? |
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12 January 2008, 04:02 PM | #38 |
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Wow, I have never seen these watches before. Pretty sharp.
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12 January 2008, 06:16 PM | #39 |
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No, it's easy. You pull out the crown and turn it three clicks, then you push the ehhh..... Wait, now I know. You push the little button three times and then you ehhh..... Does anybody know what time it is?
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12 January 2008, 06:50 PM | #40 |
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That watch above is the JLC Duometre Chronograph Caliber 380.
It's totally cool, with a couple of patents involved in how the chrono display is designed and manufactured. There are separate main barrels for time keeping functions and chrono functions. All time functions are read off the gold hands whereas blue hands mean chrono functions. The subdial at 6 o'clock revolves once every second when chrono is on and shows time division to 1/6th of a second reflecting the 21600vph of the movement. The crown winds the chrono when turned anti-clockwise and winds the watch when turned clockwise. All chrono functions are controlled by the button at 2 o'clock and the watch is in rose gold and platinum with a limited edition of 300 yellow gold models. MRSP for the rose gold is USD38,000. Just been reading about this model. Very cool. I'd like to have one sometime. |
13 January 2008, 08:30 AM | #41 |
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These will be my next 2 watch purchases as well. though I HARDLY consider them ULTRA exclusive, nice yes, nicer than Rolex yes, but there certainly are nicer watches out there.
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