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Theluglife
·30 something dentist here as well. I picked up a FOIS about a year ago, from a dealer in Japan. New unworn and with a hefty discount. I LOVE it. No regrets whatsoever.
Is this a hobby for the super rich?
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Gav1967
·I used to get myself stuff. My third child is scheduled for delivery tomorrow. I may have $4,000 or so at the end of the month but then I save $ hundreds per child per month for college, I pay down the mortgage quicker because if something happened or I couldn’t work, I wouldn’t want to have to move and change their schools, then anything left I throw into the savings because who knows what they’ll need. I think having kids has overtaken my ability to buy myself stuff. I needed a new vehicle and my wife asked me to get an SUV or large car to fit the kids so I purchased the cheapest new SUV for sale. No thought about what I might have wanted. My one nice suit was too baggy on me so I asked my friend where he gets his nice looking suits and we wears custom fitted Hugo Boss suits for about $1000. My wife told me to go get one so instead I go to Kohl’s and buy a clearanced one (fits well and looks good) for $120. I think deep down I feel that spending unnecessary money is robbing my kids future. Sorry to use this as a psychology session but thanks to all of your helpful reasoning, I think I’m seeing the light.
Just remember that having a hobby can also have health benefits too especially in terms of mental health as much as anything else
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padders
··Oooo subtitles!I am not sure at what point this thread changed from a discussion about the affordability of a hobby to a stark choice between family survival and buying a watch? Any hobby (gambling, watches, jewelry, cars, sports fan, drinking etc. etc) taken to obsession that has a detrimental effect on your family is obviously not healthy but that does not mean you can't enjoy something in moderation within in the bounds of your own disposable income and time. It is up to you and your family to decide what the boundaries are.
Just remember that having a hobby can also have health benefits too especially in terms of mental health as much as anything else
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Peemacgee
··Purrrr-veyor of luxury cat box loungersTrue (and relatively recent) story.
Friends’ son, late 30s, very good job, beautiful wife, beautiful kids, nice house, nice cars.
Then divorce proceedings.
Suddenly living in 1 bed apartment but still keeping fit at the gym as before.
Until he dropped down dead with a heart attack.
You never know what life is going to throw at you - so stop thinking about it and go buy yourself a f’kin watch.
Friends’ son, late 30s, very good job, beautiful wife, beautiful kids, nice house, nice cars.
Then divorce proceedings.
Suddenly living in 1 bed apartment but still keeping fit at the gym as before.
Until he dropped down dead with a heart attack.
You never know what life is going to throw at you - so stop thinking about it and go buy yourself a f’kin watch.
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KAP
·I’m on the older side, but not senior yet, and the best money spent and appreciated by me since college days are the experiences gained from travel, family, friends and helping those in need. Collectibles are nice, but haven’t substantively contributed to make me the person I am or want to become.
Know what is important for you and those around you now and anticipate the future. Make sure funds cover these before branching into luxury collectable such as expensive watches, antique cars, coins, stamps, etc.
A friend/watchmaker is really into the watches owned by the “common person” or “pedestrian” of long ago such as Bulova, Elgin, Waltham, etc. These are much more affordable but nice to wear especially where other financial goals haven’t been meet yet. You can find good examples of these on the Omega Forums For Sale sections.
As for passing things on...Don’t depend on expensive tangibles given to heirs to define your legacy. The reality is that for most beneficiaries, illiquid expensive collectible assets are not preferred to cash. Just ask estate executors.
Know what is important for you and those around you now and anticipate the future. Make sure funds cover these before branching into luxury collectable such as expensive watches, antique cars, coins, stamps, etc.
A friend/watchmaker is really into the watches owned by the “common person” or “pedestrian” of long ago such as Bulova, Elgin, Waltham, etc. These are much more affordable but nice to wear especially where other financial goals haven’t been meet yet. You can find good examples of these on the Omega Forums For Sale sections.
As for passing things on...Don’t depend on expensive tangibles given to heirs to define your legacy. The reality is that for most beneficiaries, illiquid expensive collectible assets are not preferred to cash. Just ask estate executors.
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pongster
·Not for the super rich. Just the rich. 😀
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Yukatan
·A watch for the most part is an illogical decision, as a) your phone does the same thing but better and b) a $20 Quartz watch tells better time.
At the end of the day, it's about whether you enjoy it, and that's a personal thing. For some enjoyment means the pleasure of being seen with it, for others it's the heritage, for others it's a personal aesthetic thing.
For most of my life I didn't think about or care about watches. One day I saw pics of a Speedmaster, and was drawn to the symmetry of it. But my gateway drug was a 70s Omega DeVille automatic. Then I wore a Speedy Pro, and thought it was too chunky for me, and wanted an applied logo. Heck I wasn't even opposed to fakes, but none of them looked right. So I then tried on a FIOS, and loved it. Happy with the purchase, but now I kinda want another Omega with arabic numbers... uh oh.
To me the joy of anything impractical is whether you have the financial means to enjoy it. That threshold differs depending on the person, income, culture, upbringing etc. Living richly is a mindset--you can be a literal millionaire but still have the mindset of a pauper, as far as feeling like you don't have enough, that you're always chasing after more.
At the end of the day, it's about whether you enjoy it, and that's a personal thing. For some enjoyment means the pleasure of being seen with it, for others it's the heritage, for others it's a personal aesthetic thing.
For most of my life I didn't think about or care about watches. One day I saw pics of a Speedmaster, and was drawn to the symmetry of it. But my gateway drug was a 70s Omega DeVille automatic. Then I wore a Speedy Pro, and thought it was too chunky for me, and wanted an applied logo. Heck I wasn't even opposed to fakes, but none of them looked right. So I then tried on a FIOS, and loved it. Happy with the purchase, but now I kinda want another Omega with arabic numbers... uh oh.
To me the joy of anything impractical is whether you have the financial means to enjoy it. That threshold differs depending on the person, income, culture, upbringing etc. Living richly is a mindset--you can be a literal millionaire but still have the mindset of a pauper, as far as feeling like you don't have enough, that you're always chasing after more.
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bucksandreds
·I am not sure at what point this thread changed from a discussion about the affordability of a hobby to a stark choice between family survival and buying a watch? Any hobby (gambling, watches, jewelry, cars, sports fan, drinking etc. etc) taken to obsession that has a detrimental effect on your family is obviously not healthy but that does not mean you can't enjoy something in moderation within in the bounds of your own disposable income and time. It is up to you and your family to decide what the boundaries are.
Just remember that having a hobby can also have health benefits too especially in terms of mental health as much as anything else
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JimInOz
··Melbourne AustraliaYou don't need to be super rich to appreciate vintage or modern mechanical watches.
There are many attractive vintage models at vintage single malt prices, e.g.: This nice beginner.
Quality mid range modern watches don't have to be Omega/Rolex et al, there are many other brands offering comparable quality at much less pocket damage.
However, if it has to be a new Speedmaster, just substitute prime aged steak for cat food for a few months.
There are many attractive vintage models at vintage single malt prices, e.g.: This nice beginner.
Quality mid range modern watches don't have to be Omega/Rolex et al, there are many other brands offering comparable quality at much less pocket damage.
However, if it has to be a new Speedmaster, just substitute prime aged steak for cat food for a few months.
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MrJKLFoams
·Im not a millionaire but got descent job to earn and buy what I want. Since then Im always fascinated with watches how they work and what does the small engine inside looks like. My dad used to buy me a fake rolex, omega and other brands which I thought its real before. So I said to my self I will buy one soon and set goals in life when I reached my 30’s. To own a house, cars and to have a happy family and I did! Now time to reward my self with timepieces. So go get that speedmaster man on the phackin moon and wear it everyday enjoy it its yours😉
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wouter van wijk
·The first watch purchase is the one that you will remember a lifetime. I bought my first one as a teenager from my first saving. I still have this watch with me. its my most important piece although its isn't an iconic piece. recently i got my birth year speedy. thats the second really important piece. but the first one is more special. so make it special.
I you are on the money, you can better buy pre-owned. But if you buy pre-owned you can even better buy a vintage speedmaster.
I you are on the money, you can better buy pre-owned. But if you buy pre-owned you can even better buy a vintage speedmaster.
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Owlsu
·One thing I'd definitely say is if you can't really afford the watch but you're going to get it anyway, make sure you buy well the first time. I bought a 2531.80 that I couldn't really afford when I was about 24/25. I picked the cheapest possible one I could find - no box, no papers, no service, damaged sapphire crystal and ended up spending about half what the watch cost just getting it sorted. Then sold it a year or so later with about a 25% loss.
Don't rush into stuff and try and grab a great deal because usually it ends up costing more in the long run than just saving up and buying what you actually want.
Don't rush into stuff and try and grab a great deal because usually it ends up costing more in the long run than just saving up and buying what you actually want.
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dj.si
·Firstly, a practical consideration (which you may have realised already). Buying an Omega or other high calibre watch is not just a once-only expenditure - such timepieces require servicing, partly because the main spring gradually weakens to the point where the watch loses time every day. (I believe Omega recommend servicing every 5 years). This ongoing cost is something to bear in mind as it's not what I'd call cheap. (Here in the UK it's currently 450GBP for my Seamaster.)
I would say that deciding whether or not to buy such a timepiece comes down to a matter of personal choice, but I think that if you can see yourself enjoying wearing the same watch for many years (long after the novelty has worn off) then it's money well spent. (For what it's worth, I spent many months looking at various watches before choosing my Seamaster, and now after more than 15 years, I'm still very happy with it and have no desire to change it for anything else.)
And no, I'm not a millionaire, let alone a multimillionaire! 😉
I would say that deciding whether or not to buy such a timepiece comes down to a matter of personal choice, but I think that if you can see yourself enjoying wearing the same watch for many years (long after the novelty has worn off) then it's money well spent. (For what it's worth, I spent many months looking at various watches before choosing my Seamaster, and now after more than 15 years, I'm still very happy with it and have no desire to change it for anything else.)
And no, I'm not a millionaire, let alone a multimillionaire! 😉
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alam
·I gather there are three different questions posed by the OP....
1.
well, it depends of your definition of hobby, are you talking about a watch collection consisting of several all original vintage Rolex Submariners, GMTs and Daytonas and alike full vintage collection of Omega Speedmasters and Railmasters? or a hobby consisting of a collection of a batch of modern quartz watches? For the former, being super rich will definitely help. 😀
2.
Are you asking if a dentist can afford buying a modern Speedmaster? either new or pre-owned? 😕 I can say that I have several close friends and relatives that are dentists and I know for a fact that a modern BNIB Speedmaster is well within their financial means..w/o putting at risk the future of their children/grandchildren.. 😉
3.
Only you can answer that one.. 😀
1.
...Is this a hobby for the super rich?..
well, it depends of your definition of hobby, are you talking about a watch collection consisting of several all original vintage Rolex Submariners, GMTs and Daytonas and alike full vintage collection of Omega Speedmasters and Railmasters? or a hobby consisting of a collection of a batch of modern quartz watches? For the former, being super rich will definitely help. 😀
2.
..I’m a 30 something dentist who’s been eyeing my first Omega (Speedmaster Pro) but haven’t been able to justify purchasing one...
Are you asking if a dentist can afford buying a modern Speedmaster? either new or pre-owned? 😕 I can say that I have several close friends and relatives that are dentists and I know for a fact that a modern BNIB Speedmaster is well within their financial means..w/o putting at risk the future of their children/grandchildren.. 😉
3.
..Am I just too darn cheap ?..
Only you can answer that one.. 😀
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M'Bob
·I know plenty of people who don't have the watch bug and scoff at me for wearing "expensive" watches yet they spend a lot of money on stuff I would never own or do.
Reminds me of something that happened to me years ago. I was over this guy's house at a party, and I was wearing a garden-variety two-tone Rolex Datejust, about $4000, when he looks at my wrist, and says, "Whoa, look at mister fancy-pants with his Rolex!" I just smiled and thought, geez, what a dip-shit: out in his driveway was an $80,000 fishing boat on a trailer. Just because his hobby has him wearing tattered, fishy-smelling clothes, he rationalized it that somehow, I was being more extravagant. People are so strange about money.
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bucksandreds
·Not to sound snarky, but I thought the original question was well, curious. Most of my dentist friends don't worry about affording a watch; they worry about their golf game.
I’m young enough that it’s soccer still but the soreness is taking its toll on my aging bodies.
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