Somebody talk me out of buying a Rolex Milgauss
Discussion
Copied from TZ:
As per title, somebody please talk me out of using some of our savings for a house deposit to fund the white face Milgauss in the SC. The white faced Milgauss is my grail watch and the price is pretty damn good.
My reasoning for buying the watch is that if I need the extra capital come mortgage application time next year I should be able to flip it for not a great loss - hopefully.
I am very, very close to pulling the trigger. I have the approval from SWMBO so I may not get a better chance.
Somebody tell me this is a terrible idea.
As per title, somebody please talk me out of using some of our savings for a house deposit to fund the white face Milgauss in the SC. The white faced Milgauss is my grail watch and the price is pretty damn good.
My reasoning for buying the watch is that if I need the extra capital come mortgage application time next year I should be able to flip it for not a great loss - hopefully.
I am very, very close to pulling the trigger. I have the approval from SWMBO so I may not get a better chance.
Somebody tell me this is a terrible idea.
Hoofy said:
1) The green ring looks odd.
2) Orange markers look wrong.
3) Zigzag second hand looks a bit naff.
You didn't actually want talking out of it did you?
I don't need talking out if it like that, just that it's a silly idea spending 3.5k on a watch instead of adding it to out house deposit fund. 2) Orange markers look wrong.
3) Zigzag second hand looks a bit naff.
You didn't actually want talking out of it did you?
A) You only live once, it's my grail watch, I can afford it and can sell it in 12months if need be.
B) All my spare income should be put towards our house fund. Material possessions can wait until I have a house.
I am on the fence at the moment,
Easty-5 said:
I don't need talking out if it like that, just that it's a silly idea spending 3.5k on a watch instead of adding it to out house deposit fund.
A) You only live once, it's my grail watch, I can afford it and can sell it in 12months if need be.
B) All my spare income should be put towards our house fund. Material possessions can wait until I have a house.
I am on the fence at the moment,
Ok, given what you've just said plus what bigandclever posted, it's a "no brainer". Get it bought!A) You only live once, it's my grail watch, I can afford it and can sell it in 12months if need be.
B) All my spare income should be put towards our house fund. Material possessions can wait until I have a house.
I am on the fence at the moment,
Wait for the glut to be over as bankers trip over themselves to rid themselves of all luxury items and look like paupers to stop the government trying to change their culture. The most things in demand in the next 12 months will be hoodies and bicycles, probably dogs on string too. Rolexii will be eleven a penny. mark my words... 
:tongueincheek:
:tongueincheek:
NeMiSiS said:
White face doesn't look right.
No date.
Too small.
No coronette etching at 6 o'clock as they couldn't do it on the green crystal.
Main engineering show point is the use of a faraday cage, do you need an anti-magnetic feature.
White face and orange markers are an attraction to me. No date doesn't bother me. I have small wrists and 41mm is plenty big enough for me. The white face 116400 has a clear sapphire, not green tinted like the 116400GV. No I don't need the anti-magnetic feature but nor would I need a watch with that can dive to 200+M etc etc etc. No date.
Too small.
No coronette etching at 6 o'clock as they couldn't do it on the green crystal.
Main engineering show point is the use of a faraday cage, do you need an anti-magnetic feature.
birdcage said:
I don't think they will stand the test of time personally
Ba doom!! I'm here all week!! Quiet at the back.It's quite an old design. This is it's second coming. I think it's a cracker, not as in your face as many rolex's and more versatile.
Mine gets more admiring glances than the subs.
kING hand soap'.I'm in the "buy it" camp here, but only just.
The cost to you is whatever the depreciation would be plus whatever interest you'd lose on the savings, and going by your thread on TZ it won't take you very long at all to cover the full cost of the watch anyway - that is if you sell it, of course.
Do you have other things that you could sell should the grail stay? How well disciplined have you been otherwise? Buying a house is the biggest single material purchase you will ever make.
The cost to you is whatever the depreciation would be plus whatever interest you'd lose on the savings, and going by your thread on TZ it won't take you very long at all to cover the full cost of the watch anyway - that is if you sell it, of course.
Do you have other things that you could sell should the grail stay? How well disciplined have you been otherwise? Buying a house is the biggest single material purchase you will ever make.
CardShark said:
I'm in the "buy it" camp here, but only just.
The cost to you is whatever the depreciation would be plus whatever interest you'd lose on the savings, and going by your thread on TZ it won't take you very long at all to cover the full cost of the watch anyway - that is if you sell it, of course.
Do you have other things that you could sell should the grail stay? How well disciplined have you been otherwise? Buying a house is the biggest single material purchase you will ever make.
I could probably sell my some watches and recoupe 50-75% of the Rolex cost. If I really was pushed then the car could go but it's not going to come to that, I would just put off getting a mortgage for a month. The cost to you is whatever the depreciation would be plus whatever interest you'd lose on the savings, and going by your thread on TZ it won't take you very long at all to cover the full cost of the watch anyway - that is if you sell it, of course.
Do you have other things that you could sell should the grail stay? How well disciplined have you been otherwise? Buying a house is the biggest single material purchase you will ever make.
I have been very good so far. Been saving since Oct last year and have a reasonable 5 figure sum. I haven't touched any of it. It is sitting in an instant access savings account so interest is worth about a pizza and case of cheap beer!
At the moment I wouldn't miss the 3.5k, it is sitting in the bank doing nothing. However, once I have a house I am sure the missus will have that 3.5k spent before I even have it!
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