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13 October 2019, 11:10 PM | #61 | |
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Join Date: Aug 2015
Location: Houston
Watch: SkyD, SD43, GMT2
Posts: 4,975
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13 October 2019, 11:15 PM | #62 |
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Join Date: Jun 2017
Location: Los Angeles
Watch: 3970
Posts: 3,801
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I draw the line at the following equation:
Net worth (Assets minus liabilities) - ((Net worth)*( 50% * likelihood of divorce)*(number of anticipated marriages)). This total is then multiplied by the current market rate of return to generate your asset cash flow. You then take your annual income and add this. Back out taxes. You take this asset cash flow and annual income after taxes and back our recurring expenses. With this unencumbered income and all recurring expenses paid. You can can do whatever the flying jeebuzes you want with it. Go to timbarktoo, dine with hookers, spend it on meth. Buy a RM. Just don't get married again if and when you do get divorced - financial catastrophe ya ok. If net worth is negative, stick with a swatch or you can actually get married to a rich person, that generates automatic net worth and negative likelihood of divorce. |
13 October 2019, 11:22 PM | #63 | |
"TRF" Member
Join Date: Oct 2014
Real Name: James Cline
Location: san antonio
Watch: 5711 white , 5990,
Posts: 1,218
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Quote:
Don’t know what Bible you read, but there is little that harms the cause of Christ Than legalism and rules and regulations! Christ died to set us free from rules and Such things in His fulfillment of the law. A person who has Truly trusted Him is called to a higher standard of loving others even more than ourselves and loving God will all we are. That’s why in Paul’s letter to the Romans he admonishes us that others will stand or fall before God , not fallen man. He tells us “let each man decide in his own mind” relative to peripheral issues . Dear friend, the unkindness you show in hypocritical judgements repel others and does nothing to attract others to the church .I humbly hope you will rethink your opinion. James in San Antonio |
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14 October 2019, 12:44 AM | #64 | |
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Join Date: May 2018
Location: Atlanta
Posts: 343
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Quote:
But that's neither here nor there...it's kind of irrelevant, actually. @Preacher: the question is, where do you draw the line? I mean, I could make a compelling argument that any Patek watch, even the entry-level $20k Calatrava, is totally absurd. There's really no way to justify it: it's not that hard to make, no mystery involved, and it certainly doesn't cost anywhere near $20k to produce. It doesn't even keep very good time, truth be told - that's a myth we tell ourselves and we justify it with "look at the craftsmanship and complexity". The reality is any computer chip is vastly more complicated than any wristwatch (they're just produced at a volume that spreads the development cost). But even at low volume like the entry-level Patek, $20k is ridiculous for what it is, if you think about it on an ABSOLUTE level. Yet here we are, tripping over ourselves to own Pateks. Or to own any other luxury watch or luxury product, for that matter. The answer is, it's all RELATIVE. $20k (or $800k) can seem like a ton of money for a watch or it can seem a drop in the bucket, depending on the economic level you're living in. The people spending $800k on that RM probably view it as a rounding error in their overall net worth. And that's just fine: they have the money, it makes them happy, it doesn't harm anyone else...so why not? BTW, if you really want to see what ridiculous looks like, keep an eye on the modern art market. The people paying $60M+ for a Jeff Koons dog or elephant statue or $25M+ for a Christopher Wool stencil painting may be the same ones buying that iced-out RM for $800k. It's all relative. There's no harm. Rock on. |
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14 October 2019, 01:40 AM | #65 |
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Join Date: Jan 2011
Location: PacNW
Watch: Enthusiast
Posts: 2,605
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16 October 2019, 05:24 AM | #66 |
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Join Date: Apr 2011
Location: Middle England
Watch: Rolex of course
Posts: 526
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Do you mean grab my left foot in my right hand and jump through the hoop with my right leg?
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Rolex is the King of Watches...indeed. |
16 October 2019, 11:30 PM | #67 |
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Join Date: Dec 2014
Real Name: Gregg
Location: Bangkok
Posts: 694
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Where could anyone possibly fence that watch? Anyone with the money to buy a 800k watch I would think isn't going to want to buy a stolen one. It's not something that you can just sell, the market is extremely limited.
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