The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 27 March 2012, 06:06 AM   #1
WhatTheDeuce
"TRF" Member
 
WhatTheDeuce's Avatar
 
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
The Dilemma - Tax Refund

So, here's the deal. I have a rather large tax refund coming to me. Before knowing that, I had allocated a large amount of money towards a driveway and landscaping updates (sprinkler system, redo grass, etc.).

Would you apply the tax refund towards the work (effectively cutting the costs in half) and call it a day or get a new watch? (keeping in mind that the money for the work has already been allocated)

Can't wait to hear the responses.
WhatTheDeuce is offline   Reply With Quote
Old 27 March 2012, 06:09 AM   #2
Z3grape
"TRF" Member
 
Join Date: Aug 2011
Real Name: Matt
Location: Minnesota
Watch: GMT IIC, DJII TT
Posts: 77
found money = Watch
Z3grape is offline   Reply With Quote
Old 27 March 2012, 06:11 AM   #3
gwalker
"TRF" Member
 
gwalker's Avatar
 
Join Date: Jul 2011
Real Name: Gunter
Location: AL/NJ
Watch: DSSD; 116610LN
Posts: 5,509
I personally would fix up the house. Watches only come for me after my house cars boat and vacations. Guess that's why I only have 2 and I'm waiting to pick up an AP.... If you are single get the watch.
gwalker is offline   Reply With Quote
Old 27 March 2012, 06:16 AM   #4
horseco
"TRF" Member
 
horseco's Avatar
 
Join Date: Jan 2011
Real Name: Anthony
Location: North Jersey
Watch: Daytona 116528
Posts: 3,424
Get the watch...
horseco is offline   Reply With Quote
Old 27 March 2012, 06:17 AM   #5
Bigjule111
"TRF" Member
 
Join Date: Nov 2011
Location: Nj
Posts: 11
I say watch. Money in the bank anyways!
Bigjule111 is offline   Reply With Quote
Old 27 March 2012, 06:17 AM   #6
azguy
Banned
 
Join Date: Sep 2011
Real Name: -------
Location: -------
Watch: ---------
Posts: 12,609
What do you have in the way of watches I like a full picture before I spend someone's money
azguy is offline   Reply With Quote
Old 27 March 2012, 06:18 AM   #7
Lagunatic
Banned
 
Join Date: Apr 2010
Real Name: Ron
Location: Laguna Niguel, Ca
Watch: Rolex 116613LN
Posts: 1,724
Quote:
Originally Posted by WhatTheDeuce View Post
So, here's the deal. I have a rather large tax refund coming to me. Before knowing that, I had allocated a large amount of money towards a driveway and landscaping updates (sprinkler system, redo grass, etc.).

Would you apply the tax refund towards the work (effectively cutting the costs in half) and call it a day or get a new watch? (keeping in mind that the money for the work has already been allocated)

Can't wait to hear the responses.
PM sent
Lagunatic is offline   Reply With Quote
Old 27 March 2012, 06:20 AM   #8
WhatTheDeuce
"TRF" Member
 
WhatTheDeuce's Avatar
 
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
Quote:
Originally Posted by azguy View Post
What do you have in the way of watches I like a full picture before I spend someone's money
16233 TT DJ, 116528, 116610LV, 16622, 16710B, 216570 White Dial.
WhatTheDeuce is offline   Reply With Quote
Old 27 March 2012, 06:24 AM   #9
kcmo
"TRF" Member
 
Join Date: Jan 2007
Real Name: Karis
Location: USA
Posts: 19,377
Quote:
Originally Posted by WhatTheDeuce View Post
16233 TT DJ, 116528, 116610LV, 16622, 16710B, 216570 White Dial.
Quite a collection! I'd stick with the plan and take care of the house stuff for now....then start saving towards your next watch while you admire your landscaping!
kcmo is offline   Reply With Quote
Old 27 March 2012, 06:24 AM   #10
SaddleSC
"TRF" Member
 
SaddleSC's Avatar
 
Join Date: Sep 2010
Real Name: Charles B
Location: GMT -7
Watch: Hulk 116610LV
Posts: 6,131
I vote for watch...always watch.
__________________
Hulk 116610LV + GMT II 126710 BLNR + Explorer 124270 + Air King 126900 + Submariner 16613LB
SaddleSC is offline   Reply With Quote
Old 27 March 2012, 06:24 AM   #11
FremStar
"TRF" Member
 
FremStar's Avatar
 
Join Date: May 2009
Real Name: Sam
Location: Gotham City
Watch: Wall Street
Posts: 9,954
You guys and your large refunds! Lucky! Bah Humug! Kyung fix the house and stack the rest in tax free municiple bonds, at least you know you won't lose money when it's time to sell
__________________
"Wealth is of the heart and mind, not of the pocket!"

"A Watch Is An Emotional Object, And So, It Is The Responsibility Of The Brand To Create Emotion Through It's Products" - Georges Kern

"In the 1950s and 60s, they made the Ref 8171, which is a cult collectible—now that’s the ultimate Rolex you could own with a calendar and a moon phase.” - John Reardon

"Heh, heh, heh..." - Michael Kilyung
FremStar is offline   Reply With Quote
Old 27 March 2012, 06:30 AM   #12
kilyung
2024 SubLV41 Pledge Member
 
kilyung's Avatar
 
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
Want to pay for my landscaping remodel?
kilyung is offline   Reply With Quote
Old 27 March 2012, 06:30 AM   #13
WhatTheDeuce
"TRF" Member
 
WhatTheDeuce's Avatar
 
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
Quote:
Originally Posted by FremStar View Post
You guys and your large refunds! Lucky! Bah Humug! Kyung fix the house and stack the rest in tax free municiple bonds, at least you know you won't lose money when it's time to sell
Lucky? More like poor planning. Loaning the government money for free. Doh!
WhatTheDeuce is offline   Reply With Quote
Old 27 March 2012, 06:30 AM   #14
threepointoh
Member
 
Join Date: Mar 2012
Location: in my own world
Posts: 36
Are you kidding me? Get your priorities in order. Of course it's the watch.
threepointoh is offline   Reply With Quote
Old 27 March 2012, 06:33 AM   #15
WhatTheDeuce
"TRF" Member
 
WhatTheDeuce's Avatar
 
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
Quote:
Originally Posted by kilyung View Post
Want to pay for my landscaping remodel?
WhatTheDeuce is offline   Reply With Quote
Old 27 March 2012, 06:34 AM   #16
usbzoso
Banned
 
Join Date: Apr 2011
Real Name: Stan
Location: Dallas
Watch: 16610/16600/16800
Posts: 1,231
if this was "driveway and landscaping" forum i am sure you would have gotten different responses but since this is a Rolex Watch Forum .... GET THE WATCH!!!!!
usbzoso is offline   Reply With Quote
Old 27 March 2012, 06:35 AM   #17
sms715
"TRF" Member
 
Join Date: Dec 2010
Real Name: scott
Location: Va Beach
Watch: 14000, 14060M
Posts: 96
sounds like you have quite a nice collection of watches. personally, i would put some money towards the landscaping and then get another watch in the future.
sms715 is offline   Reply With Quote
Old 27 March 2012, 06:57 AM   #18
threemonkeys
"TRF" Member
 
threemonkeys's Avatar
 
Join Date: Feb 2011
Real Name: Craig
Location: Seattle-ish, USA
Watch: GMTIIc, AK, LVc
Posts: 7,022
Quote:
Originally Posted by usbzoso View Post
if this was "driveway and landscaping" forum i am sure you would have gotten different responses but since this is a Rolex Watch Forum .... GET THE WATCH!!!!!
This is really funny!!!

As much as I would like to say a watch, I would probably get the house in order first. But, yes, it's a tough call.
threemonkeys is offline   Reply With Quote
Old 27 March 2012, 07:05 AM   #19
karmatp
"TRF" Member
 
karmatp's Avatar
 
Join Date: Sep 2007
Real Name: Trevor
Location: Arizona
Posts: 5,740
I am a house before watch guy. It is your home, that kind of family stuff comes way before my little watch hobby.

I could have purchased another watch with my refund, but I just painted my house. That along with a couple of other projects is really eating my refund away, but it is money well spent.
__________________
My grails:
karmatp is offline   Reply With Quote
Old 27 March 2012, 07:09 AM   #20
DoxaDavid
"TRF" Member
 
DoxaDavid's Avatar
 
Join Date: Jan 2008
Real Name: David
Location: Minneapolis, Mn
Posts: 3,271
Quote:
Originally Posted by WhatTheDeuce View Post
So, here's the deal. I have a rather large tax refund coming to me. Before knowing that, I had allocated a large amount of money towards a driveway and landscaping updates (sprinkler system, redo grass, etc.).

Would you apply the tax refund towards the work (effectively cutting the costs in half) and call it a day or get a new watch? (keeping in mind that the money for the work has already been allocated)

Can't wait to hear the responses.
What's a "Tax Refund"?

Don't you know the government only taketh away, not giveth back!

__________________
DOXA-AFICIONADO

"It has been my experience that folks who have no vices have very few virtues. " Abraham Lincoln 1809-1865
DoxaDavid is offline   Reply With Quote
Old 27 March 2012, 07:10 AM   #21
gwozhog
"TRF" Member
 
gwozhog's Avatar
 
Join Date: Apr 2011
Location: Point Blank, TX
Posts: 2,894
Sprinkler system bah humbug. Go to lowes and spend a fifty spot on a hose and sprinkler spout. Get the watch and 20 years from now you will not be sorry.
__________________
I once dated a girl in high school and her dad told me I would never amount to anything. He was right
gwozhog is offline   Reply With Quote
Old 27 March 2012, 07:23 AM   #22
general
"TRF" Member
 
general's Avatar
 
Join Date: Dec 2009
Location: Earth
Posts: 723
Quote:
Originally Posted by gwozhog View Post
Sprinkler system bah humbug. Go to lowes and spend a fifty spot on a hose and sprinkler spout. Get the watch and 20 years from now you will not be sorry.

I'm with you on this one.
general is offline   Reply With Quote
Old 27 March 2012, 07:28 AM   #23
dddrees
"TRF" Member
 
dddrees's Avatar
 
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
Bills first, fun after all the bills are paid.

You end up with more money this way.
__________________
When it captures your imagination, that's when you know you have found your passion.

Loyal Foot Soldier of The Nylon Nation.

Card Carrying Member of the Global Association of
Retro-Grouch-Curmudgeons
dddrees is offline   Reply With Quote
Old 27 March 2012, 07:31 AM   #24
Clutch Cargo
"TRF" Member
 
Clutch Cargo's Avatar
 
Join Date: Mar 2012
Real Name: Lynn
Location: Dallas, Texas
Posts: 452
I know ... being practical is boring *sigh*.

If you've gotten the landscaping financed, you are better off putting the money toward it. Continue to pay on the landscaping with the same amount of money you allocated for it. Of course, it will be paid off sooner. Once it's payed off, continue with that same amount of money going into a "Rolex fund". At the time you originally would have had the landscaping paid off, buy the watch. Since you're in Jersey, and if you are going to buy a new watch from AD, drive down to Delaware and purchase it.
Clutch Cargo is offline   Reply With Quote
Old 27 March 2012, 07:32 AM   #25
masterserg
"TRF" Member
 
masterserg's Avatar
 
Join Date: Jul 2011
Real Name: Serg
Location: US of A
Watch: AP
Posts: 7,437
Quote:
Originally Posted by dddrees View Post
Bills first, fun after all the bills are paid.

You end with more money this way.
x2
__________________
How can you have any pudding if you don't eat yer meat????
masterserg is offline   Reply With Quote
Old 27 March 2012, 08:00 AM   #26
WhatTheDeuce
"TRF" Member
 
WhatTheDeuce's Avatar
 
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
I may have not explained my situation correctly. I literally have the cash to pay for all of the work being done (set aside cash = allocated, bill is already paid, etc.). Therefore, the tax refund is "gravy". I can put the tax refund back into my account thus shrinking the cost of the work (in my mind ). Or I can choose to spend the "gravy".

Love all of the responses thus far.

I suppose I was trying to get a sense of what other people would do if they had additional money that came unexpectedly.
WhatTheDeuce is offline   Reply With Quote
Old 27 March 2012, 08:04 AM   #27
nauticajoe
"TRF" Member
 
nauticajoe's Avatar
 
Join Date: Feb 2010
Real Name: Joe
Location: PA
Posts: 14,774
For me, family & house always comes first.

In your case, tough call. Flip a coin. Good luck!
nauticajoe is offline   Reply With Quote
Old 27 March 2012, 08:10 AM   #28
ManUtd
"TRF" Member
 
ManUtd's Avatar
 
Join Date: Jun 2011
Real Name: Eric
Location: SF Bay Area
Posts: 1,613
Kyung I don't know if you're married or not. If you are, unless your wife is another WIS I'd get the house work done first. Besides, if you do this, you will have more time to save up for your next watch (assuming you need to anyways) and there will be no resistance from the wife when the time comes. Happy wife happy life.
ManUtd is offline   Reply With Quote
Old 27 March 2012, 08:12 AM   #29
jolimont
"TRF" Member
 
jolimont's Avatar
 
Join Date: Jan 2012
Real Name: Will
Location: land of oz
Watch: sundial
Posts: 2,219
Life priorities then hobby!
jolimont is offline   Reply With Quote
Old 27 March 2012, 08:53 AM   #30
JustABreathAway
Banned
 
Join Date: Sep 2011
Location: United States
Watch: The Reference
Posts: 1,743
Sam, I hear you talking.

I was going to say more but it probably wouldn't make me any friends and would derail this thread.

OP, I say invest the money and earn some return.
JustABreathAway is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches

Asset Appeal

Wrist Aficionado


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.