Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: grehartm on June 18, 2011, 08:01:46 AM
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Hi guys,
Just joined this forum few days back. Just go through all the post here, and im wondering most of u guys wearing such a big big name of watch (panerai,IWC,rolex etc). How do u guys really can afford to buy such a kind big big money watch?can u give me a tips or some of u maybe have a store for a new or 2nd hand watch that sell with a good price.? Im weairng Tag Heuer now (which brand that i can afford :P)
cheers mate.
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Hello and welcome.
As to your question... I guess most of us here are a passionate bunch... and once passion is involved, logic seems to be the first to go. It's like falling in love u see...
Affordability is subjective... some ppl earn 2k a month and have 2k disposable income a month... no need to pay for house, car, bills and etc...
Some ppl earn 8k a month yet only have 1k disposable income a month... after minus to pay house, car, bills and etc.
You might get the impression that most of us here is loaded coz we wear big name watches but its not the case.
We might save abit by abit or sell of some old watches to fund for new ones... yeah, I know some are really loaded here like those that owns so much property than they can wave a stick at. ;D
But those are exceptions.
Most of us have to take care of family first... kids and wife being the top priority, then put away some cash away each month and wait till it's enough to finally buy that piece we've been aiming for... the harder it is to come by, the more it will be appreciated. For you to own a watch above 10k, all u need to do is to put away 350 a month for 3 years... and you have 12k+ to spend. And wether you can drop that amount on a watch will depend on how much you are in love with the watch. :thumbsup:
Oh yeah... for everything else... there's always Mastercard. :Laughing_on_floor:
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well said +2... i save almost 2 years for my first Pam..
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I had to whore myself out to get mine. :'(
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good.....is all about interest........... if u want the thing , u sure got the WAY TO GET IT....
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good.....is all about interest........... if u want the thing , u sure got the WAY TO GET IT....
so there's still hope for me and Zhou Xun... :Praying:
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I had to whore myself out to get mine. :'(
Errrr this very sensitive in Malaysia......
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saving and good investment plus make friends with your neighbourhood pre-owned watch dealer.
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saving and good investment plus make friends with your neighbourhood pre-owned watch dealer.
Is there an investment plan that pays out 21.6% return per annum like clockwork every year?
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saving and good investment plus make friends with your neighbourhood pre-owned watch dealer.
Is there an investment plan that pays out 21.6% return per annum like clockwork every year?
Yes, may not be for all. Also the number of countries that need Kalashnikovs getting lesser and lesser. ::) :o
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saving and good investment plus make friends with your neighbourhood pre-owned watch dealer.
Is there an investment plan that pays out 21.6% return per annum like clockwork every year?
Yes, may not be for all. Also the number of countries that need Kalashnikovs getting lesser and lesser. ::) :o
Hehehe.... there IS actually an investment plan that pays out that amount like clockwork every year.
I would say it is one of the best kept secrets in Malaysia and only available to a select few...
Thing is you cannot include the money you make into your tax forms...
Phantom income I call it... And not to mention high liquidity...
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I agree with the rest.
I'm still saving and when I join the big boys it just means that I saved enough.
Not everyone starts with Rolex or panarei my grehartm most start with casio and seiko and just work up the chain ;)
Another thing is that you have a biased view coming to a watch forum mate. We all love watches. It's a skewed sample. These people love them so much that I am assuming they forgo other interest like car modification or something of the like for watches.
Enjoy yourself in MWF and learn heaps. One week here and I am understanding vintage when I had no idea before this.
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also can visit 2 best friends always: Uncle Toto and Uncle Magnum
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hanz079
Well said. I like your part about the disposable income. This explained one can still afford a rm2k watch earning when earing less than rm4k monthly.
When you are free of housing / car loan, children education and utilities bill and what nots, you are free of long term expenditure.
You only have to take good care of your health and three meals a day. And look forward to your daily interest which brings joy and activates your brain cell and keep going.........blah blah.
dc
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Agree with most comments here... have to work up the ladder, including our income, and career! For me, Tag Heuer is also expensive! Luxury things don't come cheap and I suppose most of us here also break our bank to buy it! Even when have the $$$ to buy it, still have to get wifey's approval...That is even more difficult! hehehe!!!
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easy oni, follow my methods of saving:-
1. no smoking
2. no drinking
3. no clubbing
4. no gambling (4D, toto, kuda exempted ;D)
5. no iphones
6. no ipads
7. no blackberries/androids/etc.
8. no unifi
9. no astro
10. no ICE (listen to engine sound better)
11. not much friends (less red bomb when they get married, birthday, open house, etc.)
12. no expensive hobbies (not until now, at least)
13. no expensive beauty treatments/spas/urut kaki/etc.
14. no expensive clothings/shoes/etc.
15. no expensive cars
16. no borrowing from ah longs
17. no credit cards
18. no vacations
you'll be surprised ;)
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easy oni, follow my methods of saving:-
1. no smoking
2. no drinking
3. no clubbing
...................
you'll be surprised ;)
whn i meet all the above = no life :Laughing_on_floor:
i though credit card is a must since some of the CC provide zero interest installment plan??
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whn i meet all the above = no life :Laughing_on_floor:
i though credit card is a must since some of the CC provide zero interest installment plan??
actually, u'll live longer if u don't smoke/drink or go clubbing (which is a combination of smoking, drinking and loud music) ;D ;D ;D
CC, not necessarily your's mah... :Laughing_on_floor:
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very extreme already. with that kind of commitment, one year maybe can get 3 rolexes.
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very extreme already. with that kind of commitment, one year maybe can get 3 rolexes.
ehehehe... ;D
i have to thank my strict parents for the 1st few on the list... :police:
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off topic a bit what is 8. no unifi??
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off topic a bit what is 8. no unifi??
no unnecessary expenditures for internet access...suffice to be able to post on MWF when i'm at home ;D
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thn i am smarter thn u...i stand outside the starbuck or McD and use their wifi online nia.... :Laughing_on_floor:
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thn i am smarter thn u...i stand outside the starbuck or McD and use their wifi online nia.... :Laughing_on_floor:
:Laughing_on_floor: but my house dun hav nearby starbuck or McD...driving out to a nearby one will cost more ;D
and by G.MAC's formula, you should be getting 4 rolexes a year! :Laughing_on_floor: :Laughing_on_floor:
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i used to wait for 5 years before i got my 1st seiko chrono... it was worth the wait !! :Dancing_banana:
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one of the way is visa o master card with 0% interest instalment plan for 12mths. well...thats the best way to help u own a dream watch
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I guess it boils down to a disciplined savings habit to arrive at the amount you need to buy that holy Grail. I saved for 5 years before I got my Rollie. Saving up now for a Jaeger.
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Well, first borrow a book on 'rich dad, poor dad", dont buy it to save cost.
Delay gratification. Get hooked with luxury watches too early may have some impact on your financial planning. Try to grab one 'big brand' when you are really up to it. I have had all those that u mentioned, but it took me 8 years after out of uni to make it.
My big boss during my first job told us that " work hard now, money will come later".
Well, i think thats true but a bit old school. You will not only have to work hard, but work smart and seize whatever oppurtinity which comes to you. Know yourself well, know your company well, know your industry and market well, so that you can see where you stand in say 5-10 years time. If career breaking through is not feasible for you, you may want to study how to let money make money for you, i know some people make a fortune from properties, stocks etc.
Also, people are biased and 'lunatic'. So dont use us as benchmark. I know people who spend 3-4 months of their income into watches. :Startled: