06-30-2013, 07:48 PM | #1915 |
Captain
321
Rep 905
Posts |
Mildly surprised at all the > $1000 watches worn here. Contrary to popular belief the typical BMW owner is squarely (upper) middle class, although there are some notable exceptions. For example, the second most commonly driven car by pentamillionaires (not including primary residence) is actually the 328i - purchased outright (not leased). The most commonly driven car overall is the Mercedes E class, and the top 10 list of cars driven by pentamillionaires includes the likes of the humble Toyota Camry and Honda Accord, but that's for another discussion.
The only BMWs on the top 10 list of cars driven by pentaillionaires are the 328i at #2 and the BMW X5 at #9 or #10. Audi isn't represented at all. The Mercedes E class holds the #1 spot, although the Mercedes S class isn't among the top 10. That's not to say that multi-millionaires don't like fancy watches. Some of them do, and the most common $1000+ watch among pentamillionaires is the Rolex. But something like 94% of pentamillionaires wear a watch that costs < $500. Personally I wear a humble $200 Seiko. It looks something like this - Neither are the exact model (I just searched seiko chronograph 100) but it looks very similar. All of these watches are around $200. Edit: Well, I took a quick snapshot of my particular model with my iphone. As you can see it's pretty similar. The background of my watch is dark blue as opposed to black - Double edit: If anyone wants to know more about those fascinating pentamillionaire facts, I got them from the latest book by Thomas Stanley called "The Millionaire Mind" Great source for statistics on the spending habits of the wealthy. |
Appreciate
0
|
06-30-2013, 11:17 PM | #1916 |
Lieutenant
11
Rep 412
Posts
Drives: a pair of legs
Join Date: Jan 2012
Location: San Francisco, CA
|
if i ever become a pentamillionaire, i'll still wear my $25 calculator watch
|
Appreciate
0
|
07-01-2013, 12:20 AM | #1917 | |
Captain
321
Rep 905
Posts |
Quote:
A majority (>50%) of multi-millionaires have a net worth between $2M and $10M USD, and most of these are high (but not obscenely high) income white collar types who lived frugal lives and saved (and invested) dutifully for most of their careers. Edit: Hopefully my post doesn't come off as offensive to anyone with a $1000 or $2000 or $10000+ watch in this thread! I'm sure there are some here who are wearing watches that are not commensurate to their actual net worth, while others are multi-millionaires or come from multi-millionaire households who are simply reaping the rewards of financial security. I'm sure some combination of both accounts for most if not all of the people here, although I don't care to delineate who fits into what category. Again, I hope my post doesn't offend anyone here! Last edited by NemesisX; 07-01-2013 at 12:27 AM.. |
|
Appreciate
0
|
07-01-2013, 06:33 PM | #1918 |
Brigadier General
58
Rep 4,221
Posts |
We each entertain ourselves in our own way...some of us sport expensive watches, some mod cars, some buy boats, lake/vacation homes, trips to vegas, expensive liquor, a hundred different pairs of shoes...to each their own.
And I'm in the wrong career field to become a pentamillionaire anytime soon...regardless of what I spend on a watch. Grind it out and retire when I can.
__________________
SLC Goonski
14 F31 MSport Wagon 08 335i e90...sold |
Appreciate
0
|
07-01-2013, 08:06 PM | #1919 |
Private
9
Rep 79
Posts |
Rolex oyster perpetual DateJust. Can't figure out attaching pics yet or I would share my watch pics.
__________________
2013 335i sedan, black sapphire Metallic
,M Sport w/ 19" 403M wheels,premium pkg,tech pkg,paddle shifters,heated seats,black kidney grilles, ,mini spoiler,M performance rocker panel decals |
Appreciate
0
|
07-04-2013, 06:27 PM | #1921 |
Private First Class
54
Rep 155
Posts |
Here's my Omega PO Chrono. Also have a Panerai 196, and a Seiko 5 Sports Automatic. The Seiko is indestructible and what I wear when I know I'm going to be banging it up against stuff.
|
Appreciate
0
|
07-10-2013, 01:45 AM | #1923 | |
Second Lieutenant
7
Rep 224
Posts |
Quote:
Wealthy people get wealthy by making good financial decisions. Wealthy people stay wealthy by continuing to make good financial decisions. |
|
Appreciate
0
|
07-14-2013, 08:39 AM | #1924 |
Sergeant (IRL)
1
Rep 6
Posts
Drives: 2010 E92 335i M-Sport
Join Date: Apr 2013
Location: OC/LA border
|
I love my Omega Speedy Pro
Edit* sorry for the poor picture quality |
Appreciate
0
|
08-13-2013, 09:07 PM | #1931 |
Colonel
399
Rep 2,984
Posts |
dads
mine is the black dads is hulk mine mine dads mine dads mine dads mine mine dads Dad is a wis. the first one is his favorite and he mostly wears the hulk.
__________________
"...I maybe drunk, but you're ugly, and I can sober up..." |
Appreciate
0
|
08-21-2013, 02:49 AM | #1934 |
Captain
561
Rep 816
Posts |
not in the best condition, I really should get it polished. I view it as battle scars to be proud of, similar to not owning a trailer queen M3
Untitled by guytan13, on Flickr the others... Untitled by guytan13, on Flickr
__________________
IG @f80_guy
Last edited by E92inSG; 08-21-2013 at 04:23 AM.. |
Appreciate
0
|
08-26-2013, 12:23 PM | #1935 |
Second Lieutenant
279
Rep 204
Posts |
Baume Mercier Capeland Automatic, Baume Mercier Hamilton, or Bulgari Aluminum Sport.
Mostly you see a Omega Seamaster with a diamond bezel behind the wheel because the wife drives the 3er. |
Appreciate
0
|
08-26-2013, 09:48 PM | #1936 |
New Member
1
Rep 10
Posts |
Rolex, JLC, and Panerai
It varies, but today I'm cruising with:
JLC Extreme World Chrono on my way home from work. Switched watches to my LV Sub for my trip to the gym. |
Appreciate
0
|
Post Reply |
Bookmarks |
|
|