Best watch for around $5,000? [Archived]

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hicabob
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Re: Best watch for around $5,000?

Post by hicabob »

edawg wrote:None are the best for $5000. I'm no bleeding heart, but seriously, children die of hunger and exposure in America every day and vanity causes some people to buy $5,000 watches?

Put $50 into a Timex and put $4550 into programs to help children and single mothers in distress. That experience will pay you and society back 100-fold!

to say nothing of the fancy suits, cars, wine, houses, art and boats people buy! :twisted:

- the nice thing about having made a few bucks is that one can choose what to do with it (although others always seem to know what you should do with it) .
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Re: Best watch for around $5,000?

Post by Elysium »

hicabob wrote: (although others always seem to know what you should do with it)
This is the best part.
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Re: Best watch for around $5,000?

Post by Petrocelli »

edawg wrote:None are the best for $5000. I'm no bleeding heart, but seriously, children die of hunger and exposure in America every day and vanity causes some people to buy $5,000 watches?

Put $50 into a Timex and put $4550 into programs to help children and single mothers in distress. That experience will pay you and society back 100-fold!
Don't get off-topic. I don't want a thread I started that now has 100,000 views locked down. It's kind of like my Sistine Chapel.
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Re: Best watch for around $5,000?

Post by VictoriaF »

Dieharder wrote:
hicabob wrote: (although others always seem to know what you should do with it)
This is the best part.
The point of this forum is to have discussions, rather than declarations, and particularly, discussions about what to do with money.

Victoria
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Mister Whale
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Re: Best watch for around $5,000?

Post by Mister Whale »

The Dark Knight wrote:That being said, I could have sworn there is a model with a solid back and a sapphire crystal for the dial. That could be an option as well.
There is, I believe -- made for only a short while and hard to find.

Thanks for your input!
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Re: Best watch for around $5,000?

Post by chaz »

Petrocelli wrote:
edawg wrote:None are the best for $5000. I'm no bleeding heart, but seriously, children die of hunger and exposure in America every day and vanity causes some people to buy $5,000 watches?

Put $50 into a Timex and put $4550 into programs to help children and single mothers in distress. That experience will pay you and society back 100-fold!
Don't get off-topic. I don't want a thread I started that now has 100,000 views locked down. It's kind of like my Sistine Chapel.
People continue to buy watches, but my cell phone has accurate time as well as my computer, so I will not need to replace my Omega Seamaster.
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Re: Best watch for around $5,000?

Post by jasonlitka »

Not $5K, but I just picked up one of these earlier in the week.

http://www.tagheuer.com/html.php/int-en ... elet-watch

A pin in the band on my Citizen snapped a month or so ago and I was having a real hard time finding a replacement. I eventually did, but not until a day after I bought this. :mrgreen:

EDIT: Fixed the link.
Last edited by jasonlitka on Sun Jul 15, 2012 4:34 pm, edited 1 time in total.
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Re: Best watch for around $5,000?

Post by Elysium »

VictoriaF wrote:
Dieharder wrote:
hicabob wrote: (although others always seem to know what you should do with it)
This is the best part.
The point of this forum is to have discussions, rather than declarations, and particularly, discussions about what to do with money.

Victoria
I thought the point of this forum is to discuss advice inspired by Jack Bogle, and Jack never said you should not buy a $5000 watch, he of course would detest OP investing in high load nigh ER mutual funds, but a $5000 watch, nah, don't think so.
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Re: Best watch for around $5,000?

Post by Taylor Larimore »

I thought the point of this forum is to discuss advice inspired by Jack Bogle, and Jack never said you should not buy a $5000 watch, he of course would detest OP investing in high load nigh ER mutual funds, but a $5000 watch, nah, don't think so.
Mr. Bogle wears a $17.00 watch given to him by a friend while he was in the hospital getting ready to receive a heart transplant. He told me this himself.

Best wishes.
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Re: Best watch for around $5,000?

Post by hicabob »

this surprised me - but luxury watches have been not too bad an investment over the years ...

http://www.minus4plus6.com/PriceEvolution.htm

we need Petro to start a watch etf! :happy
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Re: Best watch for around $5,000?

Post by Elysium »

Taylor Larimore wrote:
I thought the point of this forum is to discuss advice inspired by Jack Bogle, and Jack never said you should not buy a $5000 watch, he of course would detest OP investing in high load nigh ER mutual funds, but a $5000 watch, nah, don't think so.
Mr. Bogle wears a $17.00 watch given to him by a friend while he was in the hospital getting ready to receive a heart transplant. He told me this himself.

Best wishes.
Taylor
I don't even have a watch, my cost is zero. I have a mobile phone that I received for free for signing up a 2 yr contract at the lowest monthly fees possible through my carrier, I use the phone for time. Does that mean, I should detest OP buying a $5000 watch? Its his money to spend. On second thoughts, I think it is wasteful spending, which I would never do, but still his choice.
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Re: Best watch for around $5,000?

Post by E-M-H »

Keeping things on point for this forum: A properly chosen used watch can be a relatively low-risk purchase. I hesitate to call this an investment because I'm not sure how watches would fit into an IPS. The prices of the premium brands (Patek, Rolex, and a few others) are tightly controlled and only go in one direction. Used watches typically don't depreciate and over the years, for certain premium brands, the prices of used models have generally reflected the somewhat inflated price increases of new watches. N.B., you need to know what you are doing and your mileage may vary.
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Re: Best watch for around $5,000?

Post by chaz »

Omegas can vary widely in cost.

http://www.authenticwatches.com/omega-s ... -42mm.html

I was lucky to buy mine in 1961.
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Re: Best watch for around $5,000?

Post by SuzyC »

I don't want a thread I started that now has 100,000 views locked down. It's kind of like my Sistine Chapel.
The occasional resurfacing of this thread is like the appearance of a double rainbow. Delightful, and makes one feel lucky to be alive.
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Re: Best watch for around $5,000?

Post by VictoriaF »

Dieharder wrote:
VictoriaF wrote:
Dieharder wrote:
hicabob wrote: (although others always seem to know what you should do with it)
This is the best part.
The point of this forum is to have discussions, rather than declarations, and particularly, discussions about what to do with money.

Victoria
I thought the point of this forum is to discuss advice inspired by Jack Bogle, and Jack never said you should not buy a $5000 watch, he of course would detest OP investing in high load nigh ER mutual funds, but a $5000 watch, nah, don't think so.
I am not expressing an opinion on whether Petrocelli should buy an expensive watch. I am saying that when we have a discussion here we should expect to see arguments that contradict our plans and opinions. And so the statement that "others always seem to know what you should do with it" is a reflection of the nature of these discussions. The response "This is the best part" seemed to treat the statement about "others" as a clever retort rather than a part of the discourse.

Victoria
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Re: Best watch for around $5,000?

Post by Petrocelli »

For the record I didn't buy a $5,000 watch. After researching the issue, I found that the luxury watches I really like cost in the $10,000 to $25,000 range.

Also, for the record, I didn't ask if if I should buy a $5,000 watch, or whether Jack Bogle wears a $5,000 watch. I asked what is the best watch for around $5,000. Somewhere in the thread, I actually got several helpful answers.
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Re: Best watch for around $5,000?

Post by pjstack »

It's been a fun 13 pages, anyway. :D
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Re: Best watch for around $5,000?

Post by Cash »

I purchased this watch (lightly used, so not full price) about two years ago. Still one of my favorite purchases ever.

Image

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Re: Best watch for around $5,000?

Post by Kuota Rider »

I have a very intelligent (and wealthy) relative who owns 2 $20 watches: 1 for standard time and 1 for daylight savings time. I love it.
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Re: Best watch for around $5,000?

Post by Elysium »

VictoriaF wrote:
Dieharder wrote:
VictoriaF wrote:
Dieharder wrote:
hicabob wrote: (although others always seem to know what you should do with it)
This is the best part.
The point of this forum is to have discussions, rather than declarations, and particularly, discussions about what to do with money.

Victoria
I thought the point of this forum is to discuss advice inspired by Jack Bogle, and Jack never said you should not buy a $5000 watch, he of course would detest OP investing in high load nigh ER mutual funds, but a $5000 watch, nah, don't think so.
I am not expressing an opinion on whether Petrocelli should buy an expensive watch. I am saying that when we have a discussion here we should expect to see arguments that contradict our plans and opinions. And so the statement that "others always seem to know what you should do with it" is a reflection of the nature of these discussions. The response "This is the best part" seemed to treat the statement about "others" as a clever retort rather than a part of the discourse.

Victoria
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Re: Best watch for around $5,000?

Post by ataloss »

Also, for the record, I didn't ask if if I should buy a $5,000 watch, or whether Jack Bogle wears a $5,000 watch. I asked what is the best watch for around $5,000. Somewhere in the thread, I actually got several helpful answers.

Does this mean you agree with the folks who said not to bother buying a $5,000 watch?
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Re: Best watch for around $5,000?

Post by pjstack »

Petrocelli seldom admits taking advice from Bogleheads! :happy
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Re: Best watch for around $5,000?

Post by pinebarrens1 »

G Shocks are nice. You won't get anxiety if you bang it, drop it, leave it at the bottom of the pool. I think Bear Grylls wears one now so he don't damage his less rugged breitling

Oh, best watch for $5000? Seiko Grand Diver Spring Drive. World's best automatic. Or semi-automatic....
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Re: Best watch for around $5,000?

Post by eucalyptus »

I remember thinking, when I first saw this thread, that Petro wouldn't be able to find what he wants for $5,000. It appears I was right. But this thread has always been, in part, and like so much of this site, about competitive piety. I am quite happy with the luxury goods I consume.
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Re: Best watch for around $5,000?

Post by Petrocelli »

pjstack wrote:Petrocelli seldom admits taking advice from Bogleheads! :happy
Not true. It's because of the old Diehards that I moved my company's 401(k) to Vanguard. :moneybag
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Re: Best watch for around $5,000?

Post by Petrocelli »

ataloss wrote:Also, for the record, I didn't ask if if I should buy a $5,000 watch, or whether Jack Bogle wears a $5,000 watch. I asked what is the best watch for around $5,000. Somewhere in the thread, I actually got several helpful answers.

Does this mean you agree with the folks who said not to bother buying a $5,000 watch?
No. It means I couldn't find a watch I like for $5,000. Most of the luxury watched in that range are too heavy. I like a thinner watch. Here's the watch I wear now.

http://www.orvis.com/store/product.aspx?pf_id=4624
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Re: Best watch for around $5,000?

Post by stratton »

Petrocelli wrote: No. It means I couldn't find a watch I like for $5,000. Most of the luxury watched in that range are too heavy. I like a thinner watch. Here's the watch I wear now.

http://www.orvis.com/store/product.aspx?pf_id=4624
$98 ?

Petro, you cheapskate!

You've been holding out on us. :moneybag

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Re: Best watch for around $5,000?

Post by likegarden »

I wonder if Rolex is doing watches with a telephone, camera and internet access in it for $5,000 so people with money are able to buy it. Paying $5,000. and only see time seems to be dysfunctional nowadays. Perhaps they put diamonds on smart phones?
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Re: Best watch for around $5,000?

Post by eucalyptus »

Bernd wrote:I wonder if Rolex is doing watches with a telephone, camera and internet access in it for $5,000 so people with money are able to buy it. Paying $5,000. and only see time seems to be dysfunctional nowadays. Perhaps they put diamonds on smart phones?

Vertu.

http://www.vertu.com/en/discover-vertu/ ... rrari.aspx
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Re: Best watch for around $5,000?

Post by nisiprius »

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Re: Best watch for around $5,000?

Post by pjstack »

Petrocelli wrote:
pjstack wrote:Petrocelli seldom admits taking advice from Bogleheads! :happy
Not true. It's because of the old Diehards that I moved my company's 401(k) to Vanguard. :moneybag
I stand corrected (as usual).
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Re: Best watch for around $5,000?

Post by roymeo »

eucalyptus wrote:
Bernd wrote:I wonder if Rolex is doing watches with a telephone, camera and internet access in it for $5,000 so people with money are able to buy it. Paying $5,000. and only see time seems to be dysfunctional nowadays. Perhaps they put diamonds on smart phones?

Vertu.

http://www.vertu.com/en/discover-vertu/ ... rrari.aspx

I have the basic Vertu Signature leather and brushed stainless on my desk (at work, test phone, or was at one time, needs a new battery and a reason to test anything on it)...It __IS__ pretty sexy looking--for a feature phone. Vertu was Nokia's high-end design brand till recently: http://en.wikipedia.org/wiki/Vertu

But the phone industry's been so hot and new feature driven that they don't have time to really keep up (especially Nokia). Apparently the diamond-barnacles grow too slowly.

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Re: Best watch for around $5,000?

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I think I just got a $5,000 watch for Christmas

Post by Petrocelli »

[Thread unlocked, see below (page 15). --admin LadyGeek]

I haven't posted in a while.

About 15 minutes ago, I opened my Christmas gift from my wife. She got me a Rolex Oyster Perpetual Datejust.

I think I finally have a $5,000 watch.

Merry Christmas!
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Re: I think I just got a $5,000 watch for Christmas

Post by Jack FFR1846 »

A late reward for the 67 Pennant?

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Re: I think I just got a $5,000 watch for Christmas

Post by retiredjg »

It's about time.


(Sorry, just couldn't resist.... :wink: )
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Re: I think I just got a $5,000 watch for Christmas

Post by chaz »

Not a knockoff?
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Re: I think I just got a $5,000 watch for Christmas

Post by Mister Whale »

Subscribed for the ride.
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Re: I think I just got a $5,000 watch for Christmas

Post by 3504PIR »

Very happy for you, Merry Christmas. I hope you enjoy it as much as I enjoy mine!
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Re: I think I just got a $5,000 watch for Christmas

Post by livesoft »

Even I feel warm all over after reading this post. Congrats!

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Re: I think I just got a $5,000 watch for Christmas

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Re: I think I just got a $5,000 watch for Christmas

Post by ruralavalon »

Worth the wait?
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Re: I think I just got a $5,000 watch for Christmas

Post by Petrocelli »

It is absolutely gorgeous.

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Re: I think I just got a $5,000 watch for Christmas

Post by Raymond »

Finally! :P :beer
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Re: I think I just got a $5,000 watch for Christmas

Post by nisiprius »

Congratulations, Petrocelli.
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Re: I think I just got a $5,000 watch for Christmas

Post by midareff »

Congratulations.... :happy a treasure.
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Re: I think I just got a $5,000 watch for Christmas

Post by roka »

Wow! Congratulatons!
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Re: I think I just got a $5,000 watch for Christmas

Post by minesweep »

A timely Christmas gift. :)

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Re: I think I just got a $5,000 watch for Christmas

Post by JSMill »

Congratulations! The $5000 watch thread was one of my favorites
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Re: I think I just got a $5,000 watch for Christmas

Post by HueyLD »

Petro,

Are you sure that this watch is not a fake? :oops:
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