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Old 03-16-08, 09:46 AM   #1
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I don't care how rich you are

How in the world...no, why in the world are people driven to spend $40,000 on a watch?
http://www.swissluxury.com/rolex-wat...-president.htm
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Old 03-16-08, 10:02 AM   #2
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How in the world...no, why in the world are people driven to spend $40,000 on a watch?
http://www.swissluxury.com/rolex-wat...-president.htm
There're are soccer "stars" over here who've admitted blowing GBP100,00.00 on a watch. No idea which one it was though and why it was so expensive.

edit: that's from a half remembered comment on TV so the GBP100,00.00 could be totally wrong but it was definitely a lot more than USD 40,000.00.
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Old 03-16-08, 10:07 AM   #3
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forbes article on the "most expensive watches"....just checking that my memory wasn't as bad as I thought

http://www.forbes.com/2004/12/01/cx_ns_1201feat.html

"While many watchmakers make most of their profits from bread-and-butter product lines--which, at the higher-end levels, tend to retail in the $5,000 range--many of the top-end brands also offer watches that cost well into six figures."
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Old 03-16-08, 10:12 AM   #4
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Because it is there.
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Old 03-16-08, 10:29 AM   #5
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99.9% of people spend all of their income and when you are Oprah rich, $40k on a watch ain't no thing. If you don't believe this, save your tax return this year and compare it to your tax return in 20 years. As a student, you are now surviving on what I assume would be a pittance. In 20 years you will likely be complaining about a lack of money even though you are making 10 times the amount you are now.
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Old 03-16-08, 10:47 AM   #6
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How in the world...no, why in the world are people driven to spend $40,000 on a watch?
Because it's 22% off! What a steal! Now all of the guys at the yacht club will think I have a $50,000 watch. They'll be so impressed, they won't even notice me driving up in a 1987 Dodge Aries K!
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Old 03-16-08, 10:54 AM   #7
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99.9% of people spend all of their income and when you are Oprah rich, $40k on a watch ain't no thing. If you don't believe this, save your tax return this year and compare it to your tax return in 20 years. As a student, you are now surviving on what I assume would be a pittance. In 20 years you will likely be complaining about a lack of money even though you are making 10 times the amount you are now.
I've actually noticed that i currently lead a pretty decent life as a single guy on $20,000 a year or so, half of which goes towards tuition (most of which has come from loans at this point in my life). I know what you speak of is the tendency, but i hope i can keep my head in check. People are dumb in how they spend money, i see it in my own family all the time. It's making me bald from pulling my own hair out.
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Old 03-16-08, 10:55 AM   #8
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99.9% of people spend all of their income and when you are Oprah rich, $40k on a watch ain't no thing. If you don't believe this, save your tax return this year and compare it to your tax return in 20 years. As a student, you are now surviving on what I assume would be a pittance. In 20 years you will likely be complaining about a lack of money even though you are making 10 times the amount you are now.
Dude, stop making sense. It won't work in this thread.

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Old 03-16-08, 11:00 AM   #9
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For the same reason someone would show up for a club ride on one of these.

It's called "conspicuous consumption".
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Old 03-16-08, 11:01 AM   #10
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we have to make sense here, when did that start
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Old 03-16-08, 11:04 AM   #11
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For the same reason someone would show up for a club ride on one of these.

It's called "conspicuous consumption".
That cheap piece of crap? Pfft. It doesn't get much more conspicuous than a gold-plated Colnago Pope-bike.
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Old 03-16-08, 12:04 PM   #12
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Originally Posted by timmyquest View Post
How in the world...no, why in the world are people driven to spend $40,000 on a watch?
http://www.swissluxury.com/rolex-wat...-president.htm
Obviously, you haven't seen the $600,000 watches.
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Old 03-16-08, 12:12 PM   #13
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I was just browsing that website and found this on sale for only $192,195:

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Old 03-16-08, 12:19 PM   #14
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For a Rolex, I have no idea.
Jaeger-LeCoultre I at least understand the work put into them.





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Old 03-16-08, 12:22 PM   #15
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I don't even understand why people wear watches now that we all use cell-phones, which tell time.
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Old 03-16-08, 12:27 PM   #16
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I don't even understand why people wear watches now that we all use cell-phones, which tell time.
Watches have other purposes than pointing out the time. Perhaps, like telling other people how rich they are.

A stylish watch also compliments a suit quite well. It adds to the package.
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Old 03-16-08, 12:31 PM   #17
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I don't even understand why people wear watches now that we all use cell-phones, which tell time.
It's easier for me to turn my wrist and glance at the watch than to dig the cell phone out of my pocket and push a button, or push two buttons if I bump the wrong one while pulling it out of my pocket.

Plus, the watch was a gift from my wife.
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Old 03-16-08, 12:32 PM   #18
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Even the very functional Breitling Emergency, which I believe used to require a pretty large deposit for rescue response is far less costly!

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Old 03-16-08, 12:47 PM   #19
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[rant]

I get so freaking angry watching the MTV/VH1 crap (when I go home, my little bro always has it on) where they have these celebs/rappers/whatever showing off their $100,000 chains and $60,000 watches, garages full of Bentleys and Ferraris, solid gold toilets, etc. Then of course they go back to the "hood" and show how they are giving so much back by donating a couple grand to a needy family that they knew from "back in the day". (probably just because they were on camera and it was "free" publicity.)

[/rant]
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Old 03-16-08, 12:48 PM   #20
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Maybe if I were so rich that the watch would be a relative small percentage of my income, it would be worth getting.

However, the way I treat watches, I am more content with my Timex watch that disarms and arms my house alarm than I would be with a Rolex.

As for jewelery, I think its either my European ancestry where bauble-wearing is kept to a minimum, or the fact that I like Victorian gothic style, where jewelery is kept to a minimum and any worn is kept to a minimum as accents.

Bling turns me off.
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Old 03-16-08, 12:50 PM   #21
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...[/url]
That, sir, is an amazing piece of precision craftsmanship. Thanks for posting.
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Old 03-16-08, 01:18 PM   #22
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I don't even understand why people wear watches now that we all use cell-phones, which tell time.
I don't carry a cell-phone. There's one in my pannier, turned off, in case I really screw up the bike 5 miles from home and don't want to walk.

Of course, I don't wear a watch either. You know the saying that the extremely rich don't need to carry money? I figure I'm not going to get to that point, but I am to the point where I don't really care that much what time it is. I get up, I go to work, I work for a while, I go home. It's rare that I need to know the time closer than an hour or so.

I have a watch for the times when I need it. I paid $8 for it at Meijer. I think there's a dress watch around here somewhere too which my wife bought for me when we got married. When the first battery died, I took it out and put the watch in my sock drawer. It's been there for about 15 years now.
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Old 03-16-08, 01:21 PM   #23
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[rant]

I get so freaking angry watching the MTV/VH1 crap (when I go home, my little bro always has it on) where they have these celebs/rappers/whatever showing off their $100,000 chains and $60,000 watches, garages full of Bentleys and Ferraris, solid gold toilets, etc.
[/rant]
Have you ever seen the show "Drawn Together", specifically "Foxxy vs the Board of Education"? Not that I am espousing that except as a funny show, but there may be something worth thinking about in it.
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Old 03-16-08, 01:41 PM   #24
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I am told that hookers and strippers look at two things - a man's watch and his shoes - to determine if he's a high roller.

So I wonder what got-his-money-from-his-daddy Spitzer wear?
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Old 03-16-08, 02:09 PM   #25
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That cheap piece of crap? Pfft. It doesn't get much more conspicuous than a gold-plated Colnago Pope-bike.
For that price, it ought to come with its own Pope.
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