Case of Buyers Remorse...

[oldman2005]

Originally Posted by Tanner

Got hit with a massive tax bill.

Still bought an SD43.

you only live once

Now that's the spirit!

[Jedi5]

Originally Posted by AK797

You got called out so accept it. You are behaving like a martyr or why would you have to mention you sold your childhood collection... for your wife's BMW! Plenty of cheaper cars to buy out there so that's where you should feel remorse, and not over your Rolex which is much cheaper and holds 90% of its value. This is a false thread.

Point out where I got called out and I will apologize to everyone here.
More importantly I will apologize to you first.

I asked a simple question in my very post.
Maybe you should go back and reread what I asked.

I said nothing or gave any explanation why I was having remorse till I was asked to provide details so maybe some could offer some insight.
When I did provide details, many also shared their stories.
That's all I was looking for.
Nothing more.
Nothing less.

I shared the story of my collection merely as an example.
To help explain why I was feeling this way.
Maybe I didn't articulate that well enough for your liking.
Or maybe it was over your head.

I bought her the BMW because that's what I drive, a BMW.
The inside joke in our family is that my BMW was better than her Infinity.
So with my Star Wars money, she got a BMW as well.
Do you feel better now that you know why she got a BMW?

Never ever did I buy this Rolex as an investment.
Those of you that flip and upgrade, that's probably your mentality.
How much will this watch be worth in X years when I upgrade.

But because of the helpful community members here, many chimed
in that I should enjoy the watch. That down the line if I chose to sell it,
I still wouldn't take such a hit on my loss.

[Devildog]

Originally Posted by Jedi5

Point out where I got called out and I will apologize to everyone here.
More importantly I will apologize to you first.

I asked a simple question in my very post.
Maybe you should go back and reread what I asked.

I said nothing or gave any explanation why I was having remorse till I was asked to provide details so maybe some could offer some insight.
When I did provide details, many also shared their stories.
That's all I was looking for.
Nothing more.
Nothing less.

I shared the story of my collection merely as an example.
To help explain why I was feeling this way.
Maybe I didn't articulate that well enough for your liking.
Or maybe it was over your head.

I bought her the BMW because that's what I drive, a BMW.
The inside joke in our family is that my BMW was better than her Infinity.
So with my Star Wars money, she got a BMW as well.
Do you feel better now that you know why she got a BMW?

Never ever did I buy this Rolex as an investment.
Those of you that flip and upgrade, that's probably your mentality.
How much will this watch be worth in X years when I upgrade.

But because of the helpful community members here, many chimed
in that I should enjoy the watch. That down the line if I chose to sell it,
I still wouldn't take such a hit on my loss.

Look at it this way.

Did your buying the Rolex have a negative impact on your family?

And I don't mean the opportunity loss of something that you might have done in addition to your normal lifestyle.

If it did, then be remorseful and sell it.

If not, then stop worrying and enjoy it. Worst case scenario is that you lose a few $ if you ever have to sell it.

I'll give you the benefit of the doubt that you are not trying to be a martyr, but that you genuinely want what's best for your wife and family. But every now and again we have to treat ourselves. Or eventually (unless we are saints) we may start to resent the fact that we didn't.

Also, what is your wife's take on all this. Is she happy for you to have the watch?

[slillestrand]

Just ignore the negative posts.

Your post was well received by pretty much everyone.

I just did the same thing you did...purchased a Rolex watch that was out of my financial comfort zone, but didn't put my family out on the street. Like another poster said...most of us crossed the bridge that goes over the river of guilt a long time ago. This will not be your last high end watch......trust me on this.

I will leave you with this.... any Rolex I buy is like having money in a non-interest bearing savings account. It may not make me money, but I'm not going to lose money either.

Just wear it and enjoy it..... in time, that new Rolex will feel better on the wrist than the old one..........they all take time to acclimate.

Best to you and your family

Scott

[Devildog]

Originally Posted by slillestrand

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Just ignore these types of posts.

[Jedi5]

Originally Posted by Devildog

Also, what is your wife's take on all this. Is she happy for you to have the watch?

She's all for it.
She was ready to go buy one for me a few weeks back.
I told her to wait as I had found a better deal on TRF.

All that aside though, I really do appreciate those that shared your stories with not only mylself but also the community.
Hopefully the stories will help someone else out down the line when they are getting ready to join the Rolex family but are on the fence.

So thanks again to all who chimed in with great suggestions.
Star Ferry worded it perfectly for me.
Now it's my turn to cross this bridge, LOL.

With that I am out and done.
I'm going to start to wear the watch today!

[SteelSubmarinerGuy]

Originally Posted by Jedi5

My remorse has nothing to do with the watch.
I really love the watch, everything I was expecting and then some.

My remorse is from the cost.
I just can't justify the cost on myself.
Not sure if that made sense.
The cost on just one person.

I keep thinking boy, with this money the family could go on a vacation or
something along those lines.
Where the money is spent on the family and not just on me.
I feel selfish.
I hate that feeling.

You will always have the watch, and can pass it down to a child, the vacation is just a memory and depending on the age of your children they may or may not remember, but they will always remember Dads watch!


Sent from my iPhone using Tapatalk

[Wcdhtwn]

Originally Posted by Jedi5

Again thanks to all for the overwhelming responses on this thread.

I know when it is all said and done, I have 2 options:

Keep/enjoy the watch and stop whining
or
Sell it and stop whining


All joking aside, this purchase wasn't done on a whim.
I did take my take in this purchase.
For months I tried to read up and learn about your hobby.
I failed, so much I still don't know...

More than anything I wanted to hear from those of you that were
at one time also hit with buyers remorse.
Hear how some of you handled the same situation.




This is my cheaper everyday watch.
I've had this watch for some 8 years now I think, maybe more.
I love love this watch.
The feel, the weight, the look, and everything about it.

Problem is I know zero about this watch or the brand.
I've taken it to jewelers and they are all lost like I am.
Only thing they say is that is it really nice and automatic.

So you love this Robert Automatic. I've never heard of the brand but that's neither here nor there. But looking at this watch it is definitely on the dressy side of the watch spectrum. The Sub, while perfectly fine in a dressy environment, is a casual looking watch. Perhaps for your $9,000 you wanted something on the dressier side like your Robert and it wasn't until after getting the Sub you realized that it isn't the look you were going for. Nothing wrong with that, the Sub isn't for everyone and many people simply like dressier watches.

If you want to give the Sub a chance then do so, but don't talk yourself into it. If it isn't what you want but keep it anyway then you've really lost $9,000. Or you could flip for something more to your liking and maybe lose a few hundred but get something you like. You could get a very nice IWC for about what you paid for the Sub, especially on the gray market. you could also get a killer Grand Seiko High Beat in that budget, truly excellent watches.

[The Libertine]

Interesting.....your Rolex, that you now feel guilty about, will ultimately cost less and last longer than the BMW..... just saying.

[Devildog]

Originally Posted by Jedi5

She's all for it.
She was ready to go buy one for me a few weeks back.
I told her to wait as I had found a better deal on TRF.

All that aside though, I really do appreciate those that shared your stories with not only mylself but also the community.
Hopefully the stories will help someone else out down the line when they are getting ready to join the Rolex family but are on the fence.

So thanks again to all who chimed in with great suggestions.
Star Ferry worded it perfectly for me.
Now it's my turn to cross this bridge, LOL.

With that I am out and done.
I'm going to start to wear the watch today!

Then you have nothing to be remorseful for.

Glad you got it sorted in your head. Enjoy an awesome watch

(And post wrist shots. We like pictures on here. Even if there are hundereds of other posted, just like the Rifleman's creed - it is your watch. There may be many like it, but that one is yours )

[AK797]

Originally Posted by Jedi5

Point out where I got called out and I will apologize to everyone here.
More importantly I will apologize to you first.

I asked a simple question in my very post.
Maybe you should go back and reread what I asked.

I said nothing or gave any explanation why I was having remorse till I was asked to provide details so maybe some could offer some insight.
When I did provide details, many also shared their stories.
That's all I was looking for.
Nothing more.
Nothing less.

I shared the story of my collection merely as an example.
To help explain why I was feeling this way.
Maybe I didn't articulate that well enough for your liking.
Or maybe it was over your head.

I bought her the BMW because that's what I drive, a BMW.
The inside joke in our family is that my BMW was better than her Infinity.
So with my Star Wars money, she got a BMW as well.
Do you feel better now that you know why she got a BMW?

Never ever did I buy this Rolex as an investment.
Those of you that flip and upgrade, that's probably your mentality.
How much will this watch be worth in X years when I upgrade.

But because of the helpful community members here, many chimed
in that I should enjoy the watch. That down the line if I chose to sell it,
I still wouldn't take such a hit on my loss.

You really can't leave it alone can you? OK, here's what happened - you claimed you had buyer's remorse, you were asked why and then you said you could spend the money on your family, so then naturally people said don't buy what you can't afford, you got insulted and overcompensated by telling us of your childhood collection fire sale for your wife's BMW, and with every new post you give us more and more info trying to dig yourself out of the weeds, whilst trying to attack us for not properly reading your incomplete posts.

Next time don't write short, flippant threads and then get insulted, give the full picture in your early posts so you don't have to drip feed us over 5 tiresome pages.

[amh]

Originally Posted by Jedi5

She's all for it.
She was ready to go buy one for me a few weeks back.
I told her to wait as I had found a better deal on TRF.

All that aside though, I really do appreciate those that shared your stories with not only mylself but also the community.
Hopefully the stories will help someone else out down the line when they are getting ready to join the Rolex family but are on the fence.

So thanks again to all who chimed in with great suggestions.
Star Ferry worded it perfectly for me.
Now it's my turn to cross this bridge, LOL.

With that I am out and done.
I'm going to start to wear the watch today!

So wifey's on board? Then you're GTG - in fact you're well ahead of many people. Count your lucky stars and stop moping.

No - more - whining!!

[hsm]

get a Seiko pepsi dive watch

a couple of hundred and they are a great watch, more accurate and look good aswell, and zero remorse, also your watch will go to someone who really wants it.

[rgwarden]

Wow some of the negative posters on here either criticising the OP or telling us all what TRF is for on their opinion. Here’s an idea - if you’ve got nothing useful to post, don’t post? Or heck set up your own threads about what you insist we discuss and we’ll make sure to avoid it....

If SOTCs are some people’s ideas of what constitutes a worthwhile thread, I think buyer’s remorse has its place too.
To each his/her own.


Sent from my iPhone using Tapatalk

[breitlings]

It's an heirloom or a great gift for the kids, and it can be sold in an emergency even when you can't get to cash/bank. I would just enjoy it.

[daveo5]

Do what feels right with you. Obviously the Sub does not. I recently ordered a Tudor Black Bay Bronze, got it, put it on, took it off and back into box. Sold it. No remorse, not losing sleep.

[HogwldFLTR]

No issue here if you don't want to keep the Sub. We've all got priorities. Be done with it and go on to what you really want.

[zfkta]

A purchase that doesn't bring joy to you just defeats its purpose.

[cda555]

I went through a similar mental crisis when I first bought my 116710. I had never made a purchase like that on myself. I actually didn't wear it for a long time, choosing my less expensive watches instead. Then, I just had an awakening. I viewed it as a sort of savings account that I wear. If ever I need the money, I could easily sell it for pretty close to what I paid. After I absorbed that, I haven't looked back. I wear it almost every day and it doesn't bother me at all.

[Calatrava r]

Originally Posted by Jedi5

My remorse has nothing to do with the watch.
I really love the watch, everything I was expecting and then some.

My remorse is from the cost.
I just can't justify the cost on myself.
Not sure if that made sense.
The cost on just one person.

I keep thinking boy, with this money the family could go on a vacation or
something along those lines.
Where the money is spent on the family and not just on me.
I feel selfish.
I hate that feeling.

Yes but money spent on a vacation is money spent with not much to show for it Here you have a watch you can wear all your life and pass it on to an heir. Pretty nice return on your investment I would say.

[Jim Smyth]

Enjoy wearing your new Sub, its a great watch!

[bayok]

Thank you for sharing your Experience OP.

[Fleetlord]

Originally Posted by The_Watch_Clocker

you did not say why you had remorse but then i kept reading and it was about finances.

rolex is for folks with some disposable income. kids' college done? mortgage done? strong $ in the bank? buy buy buy.

but if the $8,000 watch is 1/10th of your total savings or more - bad decision.

you better wear that damn watch. work harder. make new vacation money.

if you worked for me or with me, i'd have some strong words for you.

Agreed...but 1/10th is still cutting it it a bit close.

The OP should return the watch for refund or if it is too late for that, sell it to a TD who will buy that reference without any hesitation.

You're either a watch guy or you're not. If the purchase is causing you enough distress to post about it on public forum, then it's time to move on from it....

[SMD]

Originally Posted by Jedi5

My remorse has nothing to do with the watch.
I really love the watch, everything I was expecting and then some.

My remorse is from the cost.
I just can't justify the cost on myself.
Not sure if that made sense.
The cost on just one person.

I keep thinking boy, with this money the family could go on a vacation or
something along those lines.
Where the money is spent on the family and not just on me.
I feel selfish.
I hate that feeling.

I feel like that every now and then as well. It seems frivolous to me at times. And I say this knowing it does not impact how we live at all, but at times it still seems wasteful. And yet here I am!

[snowbone]

This only means you are ready for your second Rolex

[locutus49]

My wife is like OP, she feels guilty about spending money on luxury goods. My brain is wired differently and I feel no guilt as I buy what I like and can afford.

Now she buys expensive Hermes and Chanel bags, feels guilty for a moment, and then enjoys them.

The key is that people have different upbringing and feel differently towards money. There is no right or wrong. As long as you can afford something nice and want it, then I say buy it. If it brings feelings like guilt and they bother you, then don't buy luxury goods.

To me, guilt can be a debilitating feeling and you should not feel guilty for living your life. It is too short.

Best of luck.

[enginerd]

Originally Posted by Jedi5

With that I am out and done.
I'm going to start to wear the watch today!

We'll require a wrist shot for proof. Wear it in good health!

[usling15]

I couldn't believe I had just been so selfish & stupid the first lux watch I bought. But what is that BMW worth now ? Even houses don't have good returns anymore. I've never had a "toy" that costs me so little over time .
Although I wish my watch(s) money had been in the stock market a year ago !!

[Swiss Mad!]

Originally Posted by Jedi5

My remorse has nothing to do with the watch.
I really love the watch, everything I was expecting and then some.

My remorse is from the cost.
I just can't justify the cost on myself.
Not sure if that made sense.
The cost on just one person.

I keep thinking boy, with this money the family could go on a vacation or
something along those lines.
Where the money is spent on the family and not just on me.
I feel selfish.
I hate that feeling.

A family vacation lasts 2 weeks, the Sub will last you the rest of your life.

I know that sounds selfish, but its a reality.

I assume you talked this purchase over with your wife/partner prior to making it?

If so, I also assume they were ok with it?

I do sympathise with your predicament, I have been there.

Sleep on it a little longer - If you need the money, sell the watch, if not you will enjoy it long after you forgot how much you paid for it.

Regards

[slillestrand]

Originally Posted by Devildog

Your post slipped in before mine.... I edited so it reads correctly.

Regards,
Scott