Crazy me or crazy you?

[Fat_ninja]

I thought they were looking at me cause I was top less

[Mr.Rolex1]

Originally Posted by mjclark32

I’ve never had anyone give me grief on my watches

[Auto16610]

I've spent half my money on women and partying. The other half I wasted!

[Rentalcarman]

I am 54 and have had a passion for watches since I was 16. I have knowledge of why I like them. I do remember someone wearing a Rolex told me “one day you will wear one of those”. But why I am infatuated with them escapes me. And on top of that, when I spend $10k,$20k or more on a watch, I do find myself trying to justify it because the watch on my arm is worth two or three of the cars combined passing me on the highway.

[Gerardus]

Who care's man.... live your life!

[Cru Jones]

Originally Posted by Gerardus

Who care's man.... live your life!

So true and so right.

[Wimbledon]

Originally Posted by superpop

Sorry but a watch is in fact very much like a car, it is a mass produced metal piece of jewelry that will eventually depreciate like a car. You are assuming that because it is a Rolex it will perpetually increase in value. We are in a bubble right now and at some point the bubble will pop and your shiny Rolex will be worth around 70% of MSRP. In 20 years it will probably be worth less as it is subject to different tastes over time. I know I would never buy a 1985 36MM gold Rolex, but at some point, someone paid a lot for that watch. In 10 years tool watches could be just as out of fashion. The masses drive value with this kind of stuff, not the collectors.

Agree 100%. I've had lots of Rolex watches for well over 35 years and can say first hand than most of them depreciate HORRIBLY. Subs and GMTs, too. We're just in a bubble now. It's not the norm. Long-term most all of these watch values will go into the crapper. Mark my words.

Those people out paying well above MSRP or double for a Rolex will be facepalming themselves 10 years from now. What's that old saying? Ohh yeah, a fool and his money are soon parted:-)

[huba01]

Originally Posted by Lemonvr6

Drinking this early?

[socalwatchcollector]

Originally Posted by superpop

Sorry but a watch is in fact very much like a car, it is a mass produced metal piece of jewelry that will eventually depreciate like a car. You are assuming that because it is a Rolex it will perpetually increase in value. We are in a bubble right now and at some point the bubble will pop and your shiny Rolex will be worth around 70% of MSRP. In 20 years it will probably be worth less as it is subject to different tastes over time. I know I would never buy a 1985 36MM gold Rolex, but at some point, someone paid a lot for that watch. In 10 years tool watches could be just as out of fashion. The masses drive value with this kind of stuff, not the collectors.

Rolex is mass produced. Let's not start lumping "watches" in together as a whole in regard to value or production.

[MrCowboy99]

i do what i enjoy.

[The Libertine]

Originally Posted by maxymax

Every individual has certain 'guilty pleasure' on which they don't mind spending on.

Yup. To each, their own.

[samson66]

No crazier than buying a brand new $40K+ pickup truck when you could have bought a used one without the leather seats for half that. We all spend on luxuries and I agree the Rolex makes a lot more sense financially than the vast majority of the other unnecessary things out there.

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