Buy a rolex if you want to impress other guys with rolexes. Literally nobody else cares
this post was submitted on 23 Jan 2025
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Or buy a replica, for a very small fraction of the price and see if anyone ever knows the difference.
I have a $350 Japanese made replica of a Patek Philippe Grand Complication, everything works on it. To me it is indistinguishable from the real thing and didn't cost me $300,000
Always buy fakes, if you find a good quality fake. No one will know. Unless you absolutely don't care about the money.
Exactly, and maybe spend a couple hundred for a Japanese replica and all the functions might work.
"go into debt if you have to"
That guy writes like minimum wage
Bought a Casio Data Bank DBC-32B-1ADF "calculator watch" about three years ago for like $30 USD. I get more compliments on that watch than any other piece of clothing/accessory that I own. Started using it as my daily driver watch and it's genuinely great, a real conversation starter. If anybody wants one, they're still in production and can be easily bought new on the big retailers' sites.
Jealous! I've wanted a Casio calculator watch since I was a child. Technically my off brand smart watch has a calculator, but it's not the same.
What an idiotic OP (in the picture not you). Go into debt over a status symbol with as much utility as a $10 substitute. Yes, brilliant advice.
It was so phenomenally stupid that the guy got turned into a meme for a while on Twitter/X.
https://knowyourmeme.com/memes/if-youre-a-guy-in-your-early-20s-buy-a-rolex
Anyone else notice Gromit is shaped like curvaceous hips and ass? I really need to get laid.
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Same as all the muppets in the city dressed up to the nines in their new beemer than you know is on monthly payments.
On the other hand; being debt free, now there's a status symbol..
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Had a friend who graduated from Georgetown with a law degree and went to work at a NYC white shoe law firm. Shortly before his first meeting with a client, his boss dragged him into the office and opened a drawer in his desk. The man had half a dozen different watches, none of which were less than $10k/ea. He matched one with my friend's suit and sent him back out. Apparently, clients at that level simply won't take you seriously unless you've got that much on your wrist.
That said, this was at an office on the penthouse floor of a lower Manhattan sky-rise. Nobody making cold calls out of a boiler room in Cincinnati cares that you overpaid for a watch.
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Every watch guy will tell you otherwise. And present a spectrum of choices across multiple price bands.
Rolex is a watch that poor and middle class people think is a rich person's watch.
Most well-known "luxury" brands are. Real rich person's brands won't even bother selling to the poor. There's currently a meltdown among the middle class because Hermes is laughing them out of the store. It's quite funny.
Just to be clear - Hermes is also a fucking waste of money that serves no purpose other than to signal your membership in a club that has no value to society.
All luxury products works that way
Yeah because luxury doesnt mean quality, pretty sure I could get a custom leather coat from some Amish dude out by Salmon Idaho thatd blow away any luxury leather.
This comment makes me want to drive out to Salmon Idaho and buy a custom leather coat.
Exactly, if you take off the brand logo of an item, its price would drop significantly.
The item itself is secondary, what's important is the status it passes to other people. That's why we find those ridiculous stuff with Supreme brand
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Seriously. Past a certain level of wealth, you don't even need to buy brand-named items for most everyday things. You don't buy a suit from an expensive brand. You hire a world-class master tailor to custom make you a suit from scratch. It's fit exactly to your body, made to your exact tastes and specifications. The same thing should be possible with watches. You don't buy an expensive brand, you hire a watch maker to make you an entirely custom piece.
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Just FYI for whoever needs to read this: If you go into debt for a single investment, it's a mistake. You are supposed to invest your excess, into as many isolated pools as reasonable. If you're part of the majority of the population, which doesn't have an excess, you are not investing - you are gambling.
Just FYI for anyone who needs to read this: it doesn't matter how fucking wealthy you are, ranking yourself with a watch is cringe and idiotic. Don't be a fucking sheep if you are poor. Don't be a fucking sheep if you are rich.
This is not really applicable and only works if you look at investments pretty naively.
The most obvious rebuttal to this is home ownership a mortgage is debt and is also a 'single purchase' however for most people, a mortgage is their first step towards financial independence. The next concept of course is TVM (time value of money), having cash available now to invest in worth more than later, and so utilizing leverage to invest money is important.
Generally, investments that beat interest make it worth it to utilize debt to make them, this is the premise behind investing using margin, utilizing heloc loans, or taking out a loan for a business, education, or tooling that will allow you to earn more.
Debt isn't inherently bad and there are many ways to use debt to your advantage.
A good way to look at it is like this, if you have a line of credit available to you that satisfies your emergency fund, let's say a few thousand dollars, instead of sitting on the fund in a low interest savings account, you can move that to something marginally less liquid, like an REIT or an index fund, and use the line of credit to float cash until you can withdraw. Use the credit for the 4-6 days it takes to clear the transaction. You may pay some interest, but the emergency fund will have actually gained significantly more than any interest you would pay.
Not all investment is the same, buying out of the money long calls on mene stocks is not the same as moving medium or long term savings to high dividend managed funds.
I'd say the mortgage example is special, as it's not just an investment for investment's sake, it's a house you are actually going to use, and your realistic alternative is to rent a place on indefinite terms.
For most folks, investments that beat the loan interest is a tricky and often outright risky proposition. If you are leveraging yourself too far then you are almost certainly not getting a good rate, and the investment may be assumed to do better, but could go significantly worse.
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I absolutely love the design but I'm surprised nobody has pointed out that this goes against the very purpose of wrist watches: you can't just turn your wrist and look at the time.
I know it's just a press of a button, but if only one of your hands is full (depending whether you're right or left handed) then it gets annoying rather quickly.
As for the Rolex obsession: I've lost several watches, but every single time I just re-bought my cheap Casio. I love it and it does the job quite reliably. Also, I personally dislike analog watches.
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Almost everyone in this thread is talking about wannabe tryhards, investment, and reliable watches, but for people who are interested in the pictured watch, they're real, but pretty cheap and flimsy; I have a couple.
They came out in gashapon machines a couple of years ago, although I got mine just last year for (IIRC) ¥500 a pop. It's a series by Takara-Tomy with two models of Saturn (black and white), and two models of PS1 (PSX and PSOne).
https://dlmag.com/playstation-1-and-sega-saturn-themed-watches-for-classic-game-fans/
https://www.piggygaga.com/shop/gashapon-sega-saturn-playstation-vs-watch-collection/
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If you are a first time Rolex buyer you for sure aren’t getting the watches that will appreciate in value. Rolex purposely creates a scarcity and will only sell limited watches to long time customers who have bought many less valuable watches before. It’s also so chuds that believe this guy don’t devalue the brand.
Yeah, for people who aren't aware...Rolex reps only make certain high demand models available to preferred customers, i.e. people who have a track record of purchases with them. That's why these models are so "exclusive". It's a long con.
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Let me give you some real advice, buy a Casio G-SHOCK, pick a version with tiny solar panels. Seriously, they will last a very long time, no need to change a battery or synch it. Strapped my watch on like a decade ago, still works without any maintenance or anything.
Yes! I bought one 15 years ago and it's still trucking. Solar powered and syncs with an atomic clock so no maintenance. Also while cleaning I found a cheapo battery powered gshock that's probably just as old if not older, and it was still going and only 8 minutes off. Seriously amazing watches. If I didn't rely on my smartwatch for sleep tracking and notifications, I wouldn't wear anything else
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Me, with my watchy, not givenafuuuuuck bout Rolex.
But yeah that's some rad nerd chic there.
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