Poll: Let's talk wristwatches

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills

How much did you pay for your wristwatch?

I don't wear a watch
136
25%
I don't wear a watch
136
25%
Nothing - It was a gift
24
4%
Nothing - It was a gift
24
4%
< $100
144
27%
$ 501 - $ 1000
16
3%
$ 1000 - $ 5000
35
6%
> $5000
27
5%
 
Total votes: 542

thechoson
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Poll: Let's talk wristwatches

Post by thechoson » Sun Mar 13, 2011 12:08 pm

Wondering how bogleheads feel about wristwatches. I'd assume the boglehead watch should be a casio or timex :lol: but I am sure some of you like to indulge on an expensive watch here and there.

So let's have it, what kind of watch gets your wrist time?

tonythered
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Post by tonythered » Sun Mar 13, 2011 12:13 pm

From your join date, you may not have been around for this epic thread about a $5000 watch:
http://www.bogleheads.org/forum/viewtopic.php?t=27707

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zhiwiller
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Post by zhiwiller » Sun Mar 13, 2011 12:16 pm

Not again.

thechoson
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Post by thechoson » Sun Mar 13, 2011 12:20 pm

tonythered wrote:From your join date, you may not have been around for this epic thread about a $5000 watch:
http://www.bogleheads.org/forum/viewtopic.php?t=27707
Ahh, thank you

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craigr
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Post by craigr » Sun Mar 13, 2011 12:25 pm

I like Swiss watches. I admit it. Read the other thread. The most interesting take away for me is that a quality Swiss watch is not the bad investment people think compared to buying other consumer items (cars, boats, houses, computers, TVs, etc.).

In fact, I've found the prices pace inflation. Major Swiss watchmakers like Omega have been increasing prices regularly and just did it again due to the falling dollar vs. Swiss Franc. I have an Omega watch I bought four years ago used that is now worth about 40% more on the used market for instance.

The point is that people on this forum often have a contest about who is the cheapest SOB around. But more likely than not we all have areas of our life we like to spend our money. So if an expensive watch is your thing, then go for it. You don't need to go onto an Internet forum to justify how you spend your money if you are doing it responsibly and living within your means.
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norm
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Post by norm » Sun Mar 13, 2011 12:35 pm

I retired in October 2003 at which time I stopped wearing jewelry, ties, suits, sports jackets, getting hair cuts & shaving.

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nisiprius
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Post by nisiprius » Sun Mar 13, 2011 12:50 pm

Let us be kind and tolerant of other peoples' values when no great moral issue is at stake.

My wife and kids gave me a battery-powered quartz Seiko about thirty years ago that just looked and felt nice. Not only did it have sentimental value, but it was just plain just right. The sweep-second hand I wanted. The good old Roman numerals that tell me it's a real timepiece. Razor-sharp thin hands, so I can spend time fussing every spring and fall trying to get it so the minute hand is really on the mark when the second hand is at XXII. It failed about three years ago and after looking for all sort of substitutes I ended up having it "repaired" by having a new movement put in, and a new crystal and stem and crown and wristband while I was at it, for a total cost of $150. Because I just like it.

So, that's my personal utility function.

What? $141,421.36 for a Patek Philippe? That's just nuts when you can get a perfectly good Rolex for $5,000 if you know where to buy.

What? $8.95 for a Casio F91W-1 Digital Casual Classic Watch? What for, don't you always have your cell phone with you?
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Post by rec7 » Sun Mar 13, 2011 12:58 pm

$8.95 for a Casio F91W-1 Digital Casual Classic Watch the buy of a lifetime. I have worn these for the last twenty years and love them. The watch will last many years. When they break I still use them for their alarms.
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shoetrip
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Re: Poll: Let's talk wristwatches

Post by shoetrip » Sun Mar 13, 2011 1:02 pm

thechoson wrote:Wondering how bogleheads feel about wristwatches. I'd assume the boglehead watch should be a casio or timex :lol: but I am sure some of you like to indulge on an expensive watch here and there.

So let's have it, what kind of watch gets your wrist time?
A mechanical timepiece is a luxury purchase. I doubt if there is a 'boglehead' mantra when it comes to personal luxury items.

A car has the utility function of getting one from point A to point B but I doubt the 'boglehead' view is to buy the cheapest priced car available, regardless of personal tastes; if so then everyone would be driviNG A HYUNDAI or a KIA


I have a very specific philosophy when it comes to consumption of goods and services. I buy the best possible quality for my budget whether it be a need or a want.
Last edited by shoetrip on Sun Mar 13, 2011 3:54 pm, edited 1 time in total.

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XtremeSki2001
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Post by XtremeSki2001 » Sun Mar 13, 2011 1:16 pm

A watch is something that I place value - it's something I'll wear for most of my life and probably hand down to my son (when/if I have one). I think spending ~$4,000 for a nice Rolex, Omega or Panerai (all my personal favorites) over one's lifetime is not unreasonable.

Personally, I'd seek out a used watch to save a few bucks and purchase one that's a classic and likely to be timeless.

I often state everyone places values on different things. I don't care to drive a nice car or have the biggest retirement account, but I do value a nice watch - plus in my line of work it's a great conversation starters to boot 8)
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LadyGeek
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Post by LadyGeek » Sun Mar 13, 2011 1:40 pm

Timex Ironman triathlon (women's size). I keep coming back to this design; it's got everything I need. Time, date, alarm, chrono and 2 time zones. Easy to read while running.

The hard part is finding the right strap. This one is nylon, fits well.
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White Coat Investor
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Post by White Coat Investor » Sun Mar 13, 2011 1:54 pm

Wow. At least 3 other Petrocellis so far!
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DA
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Post by DA » Sun Mar 13, 2011 2:05 pm

Timex Ironman Triathlon (way < $100). But I find myself relying more and more on:

1. The clock inside the cellphone, and
2. The clock in the lower right hand corner of the computer monitor

dbonnett
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Post by dbonnett » Sun Mar 13, 2011 2:08 pm

this must be a rouse to smoke out Petrocelli who has been quiet of late.

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FrugalInvestor
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Post by FrugalInvestor » Sun Mar 13, 2011 2:13 pm

Took my watch off the day I retired and have not worn one since, don't miss it either.
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sport
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Post by sport » Sun Mar 13, 2011 2:16 pm

I bought a Seiko at a Seiko outlet store for $39.95. It could sell for $200 elsewhere. It looks good and has been flawless. It just needs a new battery every few years.

Jeff

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gasman
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Post by gasman » Sun Mar 13, 2011 2:21 pm

Other than a wedding band, a watch is the only piece of jewelry that I own. Five years ago I treated myself to a Rolex. I wear it every day. Prior to that all my watches were sub $100. It's OK to smell the roses every once in a while.

scrabbler1
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Post by scrabbler1 » Sun Mar 13, 2011 2:36 pm

I went without a watch for nearly 20 years until my ladyfriend bought one for me about 3 years ago. Glad to have one but it is not vital, especially now that I am an early retiree.

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Sheepdog
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Post by Sheepdog » Sun Mar 13, 2011 2:45 pm

I have 4 working gift watches, plus a bunch more which do not run any longer. I think the last watch which I purchased was about 40 years ago
One is a pocket watch given by an ex-girlfriend of a son.
Another is a Indy Colts watch given by a son
The third is a Relic given by my wife.
The fourth is a Fla. Gator Fossil given by another son.

The trouble with this is that I have to change them all at daylight savings changeover.
Jim
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Opponent Process
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Post by Opponent Process » Sun Mar 13, 2011 3:04 pm

nisiprius wrote:Let us be kind and tolerant of other peoples' values when no great moral issue is at stake.
there's always the factor of opportunity cost, so there are always great moral issues at stake. the choices made are indeed a reflection of core values, and these are what are being exposed and in some cases questioned.
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sport
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Post by sport » Sun Mar 13, 2011 3:33 pm

Sheepdog wrote:The trouble with this is that I have to change them all at daylight savings changeover.
Jim,
Just leave two of them set to standard time and two set to daylight savings time. Problem solved. :)

Jeff

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CABob
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Post by CABob » Sun Mar 13, 2011 3:41 pm

I have perhaps 5 watches and none of them cost more than $50 or so including a "Rolex" (lol) from China. Since I retired and started carrying a cell phone regularly I find very little need or desire for a watch and choose to not carry one most of the time. On the infrequent occasions that I do it is usually a digital Casio with dual time, data storage, alarms, stop watch, etc. I like digital watches better than analog, but, a lightweight one seems to be a bit harder to find these days.
Bob

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Post by Manbaerpig » Sun Mar 13, 2011 3:43 pm

I like watches, but not enough to spend say over $100 on one. My wife seems to be willing to go around $200 or so, heh.

I like the utility of the seiko atomic/solar/"waterproof" watch I got at costco a few years back, for like $35 or so. Its my daily watch. My favorite part is when the salt builds up under the band and I can smell a bit of the sea during the week as I always wear it surfing.

wash it? heh. only if it really starts to offend. which is rare :twisted:

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Post by Magruder » Sun Mar 13, 2011 3:52 pm

Bought a $99 ultra-thin Seiko in the late 1970's. Still going strong and classy looking as long as one doesn't look close enough to see the wear and tear!

shoetrip
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Post by shoetrip » Sun Mar 13, 2011 3:56 pm

I think one should ENJOY their money while they are ALIVE. Have a few expensive hobbies and treat yourself to some toys. Too many people ASSUME they will live to see or enjoy their retirement and retirement money.

Generally, life is about balances not extremism.

treypar
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Post by treypar » Sun Mar 13, 2011 4:13 pm

I have a very expensive watch. However, I prefer to wear my $20 casio. When the band breaks or the battery dies, I just splurge on a new casio.

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Post by mickeyd » Sun Mar 13, 2011 4:23 pm

My sweet Times Ironman cost me $30 a few years ago. Still keeps perfect time as far as I can see. I could not find a cheaper one that I liked, so I invested in this costly chronometer.
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nisiprius
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Post by nisiprius » Sun Mar 13, 2011 4:34 pm

:!: :!: :!: :!: :!: :!: :!:
jsl11 wrote:Just leave two of them set to standard time and two set to daylight savings time.
For years I've been wishing that watch and clock manufacturers could find it in them to add two nice, separate, single-function buttons labelled "+1 hour" and "-1 hour" so I wouldn't have to push the "hours" button 23 times in the fall. It will never happen.

But your idea... it's the most brilliant thing I've heard since Alexander cut the Gordian knot. No, it's better... it's worthy of the Wise Old Lady from Philadelphia in The Peterkin Papers (and if you don't know that book, read "The Lady Who Put Salt in her Coffee" right now).
Last edited by nisiprius on Sun Mar 13, 2011 4:36 pm, edited 2 times in total.
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Kenkat
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Post by Kenkat » Sun Mar 13, 2011 4:35 pm

I like a nice Seiko. Worth spending $150 on.

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Post by LadyGeek » Sun Mar 13, 2011 4:46 pm

nisiprius wrote::!: :!: :!: :!: :!: :!: :!:
jsl11 wrote:Just leave two of them set to standard time and two set to daylight savings time.
For years I've been wishing that watch and clock manufacturers could find it in them to add two nice, separate, single-function buttons labelled "+1 hour" and "-1 hour" so I wouldn't have to push the "hours" button 23 times in the fall. It will never happen.
Then you'll never know the correct time. :)

The Timex Triathlon has a one-button set to change time zones. Same difference. Problem solved.
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Post by likegarden » Sun Mar 13, 2011 5:11 pm

I got a Swiss Army watch, the heavier kind, from my company when I retired 9 years ago. Since I do not carry any defensive weapons, that watch could serve to knock a person out. Swiss army probably used it when they ran out of bullets. But I usually do not wear any watch, my car displays time, so no danger to anyone. I am retired, so why do I need to look at time, can't slow it down anyway.
I never bought a watch costing more than $100, though liked those Rolex watches which I bought in Seoul, Korea, for $25 each. I bet nobody ever lost a Rolex watch flying over the Pacific except me, fell into the toilet, lost $25.

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dratkinson
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Post by dratkinson » Sun Mar 13, 2011 5:32 pm

My favorite watch was a Casio CA-501. Wore it for ~10 years before it completely fell apart. By then it was no longer made.

Image

Image from: http://www.digitalwatchlibrary.com/DWL/ ... io_ca-501/


And now my eyes are too bad to use it's little buttons, so a big-dial simple analog/digital Timex Indiglo works when needed.

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Post by retcaveman » Sun Mar 13, 2011 5:33 pm

DA wrote:Timex Ironman Triathlon (way < $100). But I find myself relying more and more on:

1. The clock inside the cellphone, and
2. The clock in the lower right hand corner of the computer monitor
Ditto. I have 3 watches, but I don't wear them. My cellphone has become my "timepiece."
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norookie
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Post by norookie » Sun Mar 13, 2011 5:46 pm

:shock: FWIW watches have risin dramatically in cost in the last 3-5yrs.- just sayin- I've a Seiko or 2 what else do ya need.IMO :wink:
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scouter
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Post by scouter » Sun Mar 13, 2011 6:23 pm

My 21-year-old son tipped me off to the fact that wearing a wristwatch marks me as an old fogie. Young people always have their phones with them, and their phones always display the correct time (as long as they have service.) I'm still wearing mine, as I don't always have my phone in my pocket...

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Post by The Wizard » Sun Mar 13, 2011 6:43 pm

dbonnett wrote:this must be a rouse to smoke out Petrocelli who has been quiet of late.
Yes.
I do not like it when formerly prolific posters just up and leave.
If Petro is simply dead, then I wish he would just say so...

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Pres
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Post by Pres » Sun Mar 13, 2011 6:46 pm

Aaarrrrgh. Feels like I'm stuck in Groundhog Day!

Casio here.
Last edited by Pres on Sun Mar 13, 2011 6:47 pm, edited 1 time in total.

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Post by The Wizard » Sun Mar 13, 2011 6:47 pm

As for myself, I wear a black plastic Casio watch that's waterproof to 200m or whatever.
I need a watch when I travel, but I take it off at work since it doesn't feel right using a keyboard.
I spend way more on a dive computer than I'll ever spend on a simplistic timepiece...

Ben24
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Post by Ben24 » Sun Mar 13, 2011 7:24 pm

I have a zenith.

http://www.amazon.com/Zenith-65-1260-40 ... 207&sr=1-1

Its especially helpful when traveling through time and to other universes.

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Post by tim1999 » Sun Mar 13, 2011 7:33 pm

$160 Bulova purchased about 8 years ago.

crew
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Post by crew » Sun Mar 13, 2011 7:54 pm

I want a Breguet Classique 5140BA/29/9W6.

It is $14,000.

Until I feel like letting go of that kind of money for something I will misplace somewhere, I'll wear nothing at all.

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Post by nisiprius » Sun Mar 13, 2011 8:05 pm

I want a wrist sundial.

Suspended in gymbals with gyroscope to keep it pointing correctly, and an optical system so that the gnomon-pointer-thingie's shadow is focussed and so sharp that the position of the shadow can be read to within a minute, using the built-in microscope.

And a two-dimensionally ruled scale like a nomogram so that the north-south change in the sun's path through the seasons picks out a slightly different scale compensated for the equation of time.

Actually a set of scales, one for every latitude and one each for daylight and standard time. Engraved. By hand. On fine ivory. Or, heck, cheap ivory, I wouldn't want to be extravagant. And a little leather case to hold them all and keep them organized.

With a built-in music-box movement that plays the opening to "Also Sprach Zarathustra" when I open the cases (and a very deep bass music box reed for the organ note).

And a very powerful planetarium projector that can project an image of the sun in the right position on the ceiling, bright enough to make the sundial work indoors.

And a servant to wheel the planetarium projector on a cart behind me from room to room.
Last edited by nisiprius on Sun Mar 13, 2011 8:16 pm, edited 6 times in total.
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Post by Manbaerpig » Sun Mar 13, 2011 8:08 pm

nisiprius wrote::!: :!: :!: :!: :!: :!: :!:
jsl11 wrote:Just leave two of them set to standard time and two set to daylight savings time.
For years I've been wishing that watch and clock manufacturers could find it in them to add two nice, separate, single-function buttons labelled "+1 hour" and "-1 hour" so I wouldn't have to push the "hours" button 23 times in the fall. It will never happen.

But your idea... it's the most brilliant thing I've heard since Alexander cut the Gordian knot. No, it's better... it's worthy of the Wise Old Lady from Philadelphia in The Peterkin Papers (and if you don't know that book, read "The Lady Who Put Salt in her Coffee" right now).
my sony clock radio has this, some DST zones are a fraction of an hour tho, not much help for them :)

also try an atomic watch... even resonds to legislative updates in DST w/no user intervention, of course GSM cellphones have been doing that nearly a decade..

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Post by Triple digit golfer » Sun Mar 13, 2011 8:34 pm

I wish I could vote for two options. I paid $85 for my watch but I don't wear it. It's a Fossil. Very nice looking.

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Post by binary13 » Sun Mar 13, 2011 9:09 pm

Manbaerpig wrote:
nisiprius wrote::!: :!: :!: :!: :!: :!: :!:
jsl11 wrote:Just leave two of them set to standard time and two set to daylight savings time.
For years I've been wishing that watch and clock manufacturers could find it in them to add two nice, separate, single-function buttons labelled "+1 hour" and "-1 hour" so I wouldn't have to push the "hours" button 23 times in the fall. It will never happen.

But your idea... it's the most brilliant thing I've heard since Alexander cut the Gordian knot. No, it's better... it's worthy of the Wise Old Lady from Philadelphia in The Peterkin Papers (and if you don't know that book, read "The Lady Who Put Salt in her Coffee" right now).
my sony clock radio has this, some DST zones are a fraction of an hour tho, not much help for them :)

also try an atomic watch... even resonds to legislative updates in DST w/no user intervention, of course GSM cellphones have been doing that nearly a decade..
I have an iHome alarm clock/iPod dock that has a switch on the back for daylight saving time. Unfortunately, it also shifts the alarm times. So, I can either use the handy DST switch, but then have to change each of the dual alarm times, or I can just change the clock manually. Last night, I changed the clock manually.

As far as watches, I found a titanium Citizen Eco-Drive (solar powered) watch with a square face that doesn't make my skinny wrists look ridiculous, and I really enjoy wearing it. I picked it out and found it for a great discount on Amazon, and my parents bought it for me as a gift. I wear it nearly every day. I think it cost around $250, which is much more than any watch I've owned previously.

My wife and I are pretty frugal, but there are a few things that I have spent a little extra on, that have been worth the extra cost. Things that I really appreciate the craftsmanship of when I use them. Things that will probably last for a very long time. My Wüsthof knives are in that category. My watch is as well.

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Post by JupiterJones » Sun Mar 13, 2011 10:05 pm

For the longest time (after the band on my old Timex broke) I just used my cellphone.

But about a year ago I bought this cool old Soviet-era digital watch on eBay from some dude in Belarus. It's straight out of the 80's. I love it! Definitely a "personal style statement" kinda thing.

Now I have to figure out how to set it to DST. Everything's in Russian, so it's pretty much a guessing game for me...

JJ
Stay on target...

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CABob
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Post by CABob » Sun Mar 13, 2011 10:48 pm

nisiprius wrote:I want a wrist sundial.

Suspended in gymbals with gyroscope to keep it pointing correctly, .... etc.
But, will it adjust for the shift in the earth's axis caused by a major earthquake?
:lol:
Bob

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Post by likegarden » Mon Mar 14, 2011 7:38 am

About this atomic watch, will that still be accurate around Fukushima, Japan?

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Post by Frugal Al » Mon Mar 14, 2011 8:56 am

I like watches. I've got a gen Breitling, a high end replica (rep) Rolex SS Submariner with a 2824 ETA Swiss movement, a rep Omega PO, and a Casio digital/analog (great watch).

I've always liked the Rollie subs, particularly the case size, about 39mm. I generally don't care for larger watches, however, the Omega 42mm PO rep is the most comfortable watch I own, and I'm in the market for a gen with a coaxial movement. I think the Omegas are the best value in the high end watch segment.

What I don't like about high end, mechanical, genuine, watches is the upkeep: $500 to $700 cleaning/maintenance every 5 to 7 years ( many stretch it but end up paying even more).

Before any of you critique me on the the replicas, many rep buyers end up buying the real deal once they give the rep a "test drive," like me. Some people just like watches and want to feed their habit on a budget.

Although we sometimes like to think the watch we're buying will be an heirloom, I've seen more than a few cases of parts not being readily available for some of the older Rollies and Omegas. So much for one of their selling points. Buy it because you like it and realize that though it may become an heirloom, it may also become a paperweight.

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Post by XtremeSki2001 » Mon Mar 14, 2011 9:25 am

Frugal Al wrote:I like watches. I've got a gen Breitling, a high end replica (rep) Rolex SS Submariner with a 2824 ETA Swiss movement, a rep Omega PO, and a Casio digital/analog (great watch).

I've always liked the Rollie subs, particularly the case size, about 39mm. I generally don't care for larger watches, however, the Omega 42mm PO rep is the most comfortable watch I own, and I'm in the market for a gen with a coaxial movement. I think the Omegas are the best value in the high end watch segment.

[snip]

Before any of you critique me on the the replicas, many rep buyers end up buying the real deal once they give the rep a "test drive," like me. Some people just like watches and want to feed their habit on a budget.

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High-end replica seems like something odd to say. Where does one actually get a "high-end" replica? I've been to Canal Street in NYC and the only way I could even see a replica is to go in a back door since selling replicas is a felony (not sure what repercussions there are if you're caught buying fake goods).

The reason I ask is I too like the Rolex Sub and the Omega PO, but the idea of taking one for a "test drive" interests me.
A box of rain will ease the pain and love will see you through

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