Quote:
Originally Posted by vsix
A watch is only one ( of billion other ways ) to represent your status. Thats the way it is.
A Rolex is a Rolex and will always be.
As an true watch enthusiast, I also love the mentioned Invicta or Steinhardt but these watches never ever can‘t reflect what a Rolex is or carries in its heritage.
I assume the Invicta comment came out of pure, in its roots rotten jealousy. 
If so -> Good job, keep them bitchEz crying and them grinding people motivating 
I remember the day I bought my M4.
Totally fascinated and in love I drove to an nearby river, to make pictures and a walkaround vid.
So I started filming and all of a sudden, someone ( dudes voice ) clearing his voice for attention, followed by this here:
„What is this for a ugly looking cheap car?“
I ignored it...
Then the person tried it again
„What is this for an ugly looking piece of shit car?“
I ignored the second attempt and kept on filming...
Then all of a sudden a females voice got into the yelling and went like:
„What an old and outdated UUUGLY looking pile of shit you are filming and oh by the way we will call now the police because it is prohibited to drive your car up to this point.“
So enough was enough I turned around to give them haters fire.
At the minute I turned around I spotted an 75-80 year old couple, their eyes where burning from jealousy seeing a younger dude trying to relax and film in all quietness his new purchased car.
What do I want to say with that: Jealousy is a bitCh but when you instead of hating, stay hungry and see everything as „for you“ instead of „against you“ your life will be much more on the positive side. A Rolex, a BMW M3 E92, a Lambo, a Bugatti, a Mercedes are status symbos but at the same time one of the earths greatest motivators! For te owners themselfes as well as for the people „only „ just looking at it.
Keeps the owner working hard to stay on that status level and at the same time keeps the masses entertained and motivated.
The 75-80 couple didn‘t got it even in their final days and that certain hater dude, knew 100% a Rolex watch was worn that particular, mentioned day and not an Invicta. |
The reason I don't think of material possessions (cars, watches) as status symbols is because to my knowledge there's only a weak correlation between the price of a car or the price of a watch that one wears and one's financial status.
One example: Only 6% of Rolex owners have a total net worth of $1 million or more. A net worth of $1 million puts you in the top 10% of wealth in the U.S.
That means 94% of people who wear Rolexes are not in the top 10% of wealth.
Another example: The median income of luxury car owners is around $100,000 per year (top 15%). This statistic changes for different cars. The median income of Porsche 911 owners is $380,000/year (top 1.5%). For Lexus RX450 owners it's about $300,000/year (top 2%).
For BMW 3 series owners it's about $175,000/year (top 10%), but here's another interesting statistic - Among pentamillionaires (those with a net worth in excess of $5M which puts them in the top 3% of wealth), the most commonly driven cars are the BMW 3 series and the Mercedes E class.
That means if you drive a BMW 3 series, you're likely to be in the vicinity of $150,000-$250,000/year in annual income. But, if you're a pentamillionaire, there's a good chance you drive a 3 series or E class. It's a converse square/rectangle relationship.
Let's say you have two people:
Person A weras a Rolex (priced at $20,000)
Income: $200,000/year
Net worth: $1.5M
Age: 55
Person B wears an Invicta (priced at $300)
Income: $500,000/year
Net worth: $7M
Age: 55
Person A's Rolex is
not a status symbol to Person B, but
neither Person A nor Person B will ever know that unless they divulge their finances. Person B has more than 4 times as much money accumulated than Person A.
Of course you could have the reverse situation, but the point is there's no way to tell. Nothing about wearing a Rolex ensures that you have an extraordinarily high income or net worth, and isn't that what status symbols are ultimately trying to gauge? "That person wears a Rolex. I envy him, he must have worked hard. He must be successful. He must make more money than me. He must have more money than me." The latter two points are not necessarily correct, though.
Edit: Some more information about Rolex owners -
"Some 7.2% of Rolex owners are company directors, with managing directors close behind. Over 20% of owners have either manager or director in their job title.
But there was some surprises. 3.5% of owners were housewives, over 465 (1.3%) were police officers, and 175 (0.5%) were receptionists. Hairdressers, dog groomers, classical musicians, and even dinner ladies also featured on the list."
http://www.businessinsider.com/who-o...-the-uk-2017-2