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@ Zachariah
2025-04-27 00:35:38I work in the business world as a salesperson. I am frequently out and about in the community trying to make friends, connect with people who I can help, and ultimately grow my book of business. I have goals set by my employers and I aim to meet those expectations. Because of this, I find myself frequently under pressure to find ways to produce. This often leads to me being disappointed in myself; my sales cycles are long and I lose more deals than I win. My Dad often reminds me that How to Win Friends and Influence People has all the secrets of sales I'll ever need, but I still end up wishing I could find that secret edge to out-do the competition. That's where the watch temptation comes in.
I frequently see a luxurious timepiece on the left wrist of my peers and elder-statesmen closers. Rolex, Omega, Patek, a whole world of $10k minimum machines. It comes across as a power-move, a symbol of status that is hard to ignore. It sends a message that the bearer's time is more valuable than that of other people. It makes me think "if this person is wearing that watch, that means they're great at what they do." The ultimate investment in one's self.
As a newly married man expecting a child, it is hard for me to stomach such a purchase. My wife has supported the idea of me potentially getting such a timepiece; as much as it tickles my fancy, I'd rather put my capital towards things that further my family than my clout. One of the things that struck me was a statement made by an investment advisor in my Kiwanis club: "A watch is a purchase, not an investment."
What a true statement! His words helped me escape my short-lived delusions. That said, I still look at watches sometimes on the internet (The Omega No Time to Die watch is sleek looking). One day, I found myself looking at houses online shortly after looking at watches online. Then it hit me: how many purchases are being marketed as investments in this era? A Rolex is a supposed investment in your career, not just a luxury timepiece. A house is a mechanism for monetary growth, not an attainable home to be enjoyed by a family. A college degree is an investment for your future, not a vehicle for building upon passions.
The Bitcoiners will repeat the phrase "fix the money, fix the world" in harmonious chorus to address the concern I have laid out in this article. Ultimately, I leave you with this reminder: don't let the world pass off things that should be inconsequential purchases as investments with ROIs. I believe the only true investment one can make is into the people around them; that will yield the greatest rewards for the soul.