Which Watch Gets You More Compliments?

Media / Blog

Which Watch Gets You More Compliments?

Prev

Start Your Investment Portfolio With ‘One Share’ Of Stock

May 04, 2011

Have you ever met someone who you would classify as a wine snob? Someone who knows all the best wines and will tell you why that $50 bottle of wine is superior to the two buck Chuck you get at Trader Joes? In the world of watches there are also people who you will meet who are watch snobs. The people who will assure you that the Rolex they spent $5,000 for is the best that money can buy, and can give you all of the brand name watches you should own over your lifetime if you really want to show people you have hit success.

I spent 17 years working in corporate America for a major Fortune 500 company. In that time, I witnessed the pressures as you advance in management to buy a bigger home, a nicer car, and getting a plush item such as a luxury watch as a status symbol to show people that you have made it to the top. For over 15 years of time in corporate America, I never even wore a watch. I just figured someone else could always tell me the time, so I didn't even bother owning any type of watch. Eventually, I gave into the pressure of my peers and bought a Rolex watch. A few years later, I decided to step it up a notch and purchased a luxury Italian watch called a Panerai. This Panerai watch was the one that supposedly would get all the compliments from people wondering what is this timepiece? In fact, over the course of a couple of years I did get quite a few compliments about this ultra cool watch.

About 16 months ago, I got a gift certificate over the holidays from my Mom to a store named Diesel. The Diesel store sells all types of items including clothes, sunglasses, accessories, and watches. I visited an outlet mall Diesel store in North Georgia, and picked myself up a really cool looking watch from Diesel for $79. The watch had an oversized face with a Yellow background and brown leather strap. The face of the watch was roughly the same size as the Panerai watch.

Over the course of the last year I have worn both the watches equally, and have grown to be amazed on which watch people compliment me on week to week. The $79 Diesel watch gets me about 4 compliments for every 1 compliment I get on the Panerai watch. Someone asked me recently what brand of watch I was wearing and I told them it was a 'Dee-Sell' just to have a little fun with them. The person who asked me started inquiring on where they could get one of the same types of watches so I was kind enough to let them in on the joke and tell them what I paid for the watch.

I have been giving financial advice for twenty years, and one thing I can tell you for sure is that you can get a great watch that people will compliment you on for under $100. Don't succumb to the peer pressure just because you think it is some sort of status symbol, because luxury has lost its shine. It's what is in your bank account that matters!

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc

Claim your FREE Money Meeting - Click Here

oXYGen Financial, Inc. co-CEO Ted Jenkin is one of the foremost knowledgeable professionals in giving financial advice and Smart Money Moves to the X and Y Generation.

Phone 1.800.355.9318 or 770.777.0427

oXYGen Financial - Atlanta Georgia Financial Service Experts

Securities and Investment Advisory Services offered through NFP Advisor Services, LLC (NFPAS), Member FINRA/SIPC. Oxygen Financial is not affiliated with NFPAS. NFPAS does not provide tax or legal advice. This site is published for residents of the United States only. Registered Representatives and Investment Advisor Representatives of NFP Advisor Services, LLC (NFPAS) may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact NFPAS Compliance Department at 512-697-6000. PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. NFP Advisor Services, LLC makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is NFP Advisor Services, LLC liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.

Next

Should You Watch The Misery Index?

Sign Up

Sign up for our exclusive Sunday Paper with a weekly market commentary, insightful personal finance blogs, and life changing education guides.

Email sign up

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-553-7872.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. Kestra IS and Kestra AS makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is Kestra IS and Kestra AS liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.