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Old 10-26-2006, 12:26 PM   #1
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If you could afford it, why not?

I can afford it. I simply don't get the point. I can think of plenty of other things I would value more than a $5K watch.
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Old 10-26-2006, 12:56 PM   #2
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My driving watch...

Oh, and I'm in the financial industry.
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Old 10-26-2006, 01:07 PM   #3
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Oh, and I'm in the financial industry.

That is one kick %#@ watch though....
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Old 10-26-2006, 01:34 PM   #4
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Thanks bro...

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Originally Posted by IowaS
That is one kick %#@ watch though....
...but, at $5200, it better be!
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Old 10-26-2006, 02:29 PM   #5
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^yes definitely look into a career in finance or maybe real estate development/lending.
I don't know of many other industries where you can become a millionaire well before the age of 40 and retire do something else you really love.
I wish my schools and colleges had placed more of an emphasis on understanding the markets and financial lending. The money being made by talented and hungry 20 something's today is INSANE.
go to the bookstore and buy one of those books 'financial careers for dumby's" and so forth.
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Old 10-26-2006, 11:53 PM   #6
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Originally Posted by Perfectlap
^yes definitely look into a career in finance or maybe real estate development/lending.
I don't know of many other industries where you can become a millionaire well before the age of 40 and retire do something else you really love.
Funny you mention that. I just passed my Conditional California Salesperson License Exam about three or four months ago. Me,now I'm playing it smart and getting a permanent license instead of the conditional one(you have to take more classes). The fees that are associated with being a Realtor and member of the MLS(Mulit-Listing Service) are high if you are starting off. It's amazing how many people try to get in the real estate business and just fall off. I started with 3 other people under the age of 21,one couldn't passes the initial class exam,another couldn't pass the state exam & the third signed with the same broker as me then joined the Air Force....
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Old 10-27-2006, 07:31 AM   #7
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Funny you mention that. I just passed my Conditional California Salesperson License Exam about three or four months ago. Me,now I'm playing it smart and getting a permanent license instead of the conditional one(you have to take more classes). The fees that are associated with being a Realtor and member of the MLS(Mulit-Listing Service) are high if you are starting off. It's amazing how many people try to get in the real estate business and just fall off. I started with 3 other people under the age of 21,one couldn't passes the initial class exam,another couldn't pass the state exam & the third signed with the same broker as me then joined the Air Force....
good for you. Once you get into I'm sure you will learn that the big money in that field is not selling the properties but getting others the cash to buy them and building them. But learning all aspects of the field is a great way to start at a young age.
My friend skipped college (bad move but claims she's postponing it) and is working in a commerical mortgage broker's office where they help small business obtain business loans. For a 19 year old she seems to already know more about business (the ones that fail and the ones that succeed) than most people twice her age. Her boss is a mutant but everyone that works for him seems to be making six figure salaries so they put up with it. I guess if she's going to miss out on keg stands she's at least learning somethign useful.
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Old 10-27-2006, 07:41 AM   #8
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In today's news:

http://money.cnn.com/2006/10/27/pf/college/lucrative_degree/index.htm?postversion=2006102710
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Old 10-26-2006, 03:08 PM   #9
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Oh, and I'm in the financial industry.
Hi,

The Breitling Navitimer is a great watch. I looked at it, but it was just too big on my wrist. I've always loved Breitlings, certainly on-par with a Rolex, but less common.

We had been vacationing in Playa del Carmen Mexico in the mid-90's and my last Breitling (a Hercules) was stolen. Mrs. MNBoxster said it had always been her intention to buy me a replacement

Mine, shown below, is the Aerospace Advantage, 100% Titanium (except the 18K gold accents), and very light. It is actually my Wedding Ring. Mrs. MNBoxster knew that I didn't wear any jewelry, and so bought it for me instead of a Ring while we were honeymooning in Montreal to replace the one I'd lost in Mexico.

Happy Motoring!... Jim'99

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Old 10-26-2006, 03:54 PM   #10
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Originally Posted by MNBoxster
Hi,

The Breitling Navitimer is a great watch. I looked at it, but it was just too big on my wrist. I've always loved Breitlings, certainly on-par with a Rolex, but less common.

We had been vacationing in Playa del Carmen Mexico in the mid-90's and my last Breitling (a Hercules) was stolen. Mrs. MNBoxster said it had always been her intention to buy me a replacement

Mine, shown below, is the Aerospace Advantage, 100% Titanium (except the 18K gold accents), and very light. It is actually my Wedding Ring. Mrs. MNBoxster knew that I didn't wear any jewelry, and so bought it for me instead of a Ring while we were honeymooning in Montreal to replace the one I'd lost in Mexico.

Happy Motoring!... Jim'99

.
Thanks. That's funny, cause I actually wouldn't mind if the watch was slightly bigger. The watch case has about a 41.8 mm diameter, and the trend is just going bigger and bigger these days. I love it though. Here's another shot:


Now before I get too off topic, here's a ON topic post: My car's interior shot...in keeping with the whole silver and black theme.


Cheers.
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Old 10-26-2006, 04:08 PM   #11
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If I was getting out of graduate school today (instead of 1975) I would head off to Wall Street or Park Avenue and start in investment banking. If you are good, the money is very very good.

I am working on raising capital right now with some old IB buddies of mine.

I love Park Ave when you are spending other people's money.

Perhaps I WILL bet the watch after this is all over.
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Old 10-26-2006, 04:43 PM   #12
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I'm 26 with a decent job, an insanely short commute and a beat up truck that's close to death. I need another vehicle. I could probably go out and get a brand new Miata or Solstice or (heaven forbid) Mustang, or for about the same money I could get a 6-year old Porsche that still performs better than 90% of the cars on the road, and I would love it every second of every day.

People at work make it seem like I'm either rich or overstepping my bounds, but bottom line is I'll trade 6 years of age for that kind of performance and driving enjoyment, the money is about the same. Sure, maintenance is slightly higher, but do a lot yourself and you might break close to even.

Buying a porsche really doesn't seem like a budget-ruining decision, it's simply a matter of priorities. I like driving something I'm really proud of, and at the end of the day regardless of how much I do actually make, driving a porsche makes me feel like a million bucks, so I say just do it!

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Old 10-26-2006, 05:02 PM   #13
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Originally Posted by David N.
I'm 26 with a decent job, an insanely short commute and a beat up truck that's close to death. I need another vehicle. I could probably go out and get a brand new Miata or Solstice or (heaven forbid) Mustang, or for about the same money I could get a 6-year old Porsche that still performs better than 90% of the cars on the road, and I would love it every second of every day.

People at work make it seem like I'm either rich or overstepping my bounds, but bottom line is I'll trade 6 years of age for that kind of performance and driving enjoyment, the money is about the same. Sure, maintenance is slightly higher, but do a lot yourself and you might break close to even.

Buying a porsche really doesn't seem like a budget-ruining decision, it's simply a matter of priorities. I like driving something I'm really proud of, and at the end of the day regardless of how much I do actually make, driving a porsche makes me feel like a million bucks, so I say just do it!

-David
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Hi,

That's maybe the most honest expression of someone buying a Porsche that I've ever heard. Good Luck!...

Happy Motoring!... Jim'99
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Old 10-27-2006, 11:38 AM   #14
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Originally Posted by Brucelee
If I was getting out of graduate school today (instead of 1975) I would head off to Wall Street or Park Avenue and start in investment banking. If you are good, the money is very very good.

I am working on raising capital right now with some old IB buddies of mine.

I love Park Ave when you are spending other people's money.

Perhaps I WILL bet the watch after this is all over.
_________________________________________

OKOK. Then buy it. hehehehehehehehheheheh!!! :dance:
OK don't buy it.
other the other hand. . . . :dance:
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Old 10-26-2006, 02:17 PM   #15
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Quote:
Originally Posted by Brucelee
If you could afford it, why not?

I can afford it. I simply don't get the point. I can think of plenty of other things I would value more than a $5K watch.
Yes like an Industrial Size Popcorn Machine.
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Old 10-27-2006, 09:39 AM   #16
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If you could afford it, why not?

I can afford it. I simply don't get the point. I can think of plenty of other things I would value more than a $5K watch.
___________________________________

Then I guess you shouldn't buy it. Maybe I missed your first point. . . .but for some of us, 5k for a watch is indeed insane.
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