ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
27 March 2012, 06:06 AM | #1 |
"TRF" Member
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. |
27 March 2012, 06:09 AM | #2 |
"TRF" Member
Join Date: Aug 2011
Real Name: Matt
Location: Minnesota
Watch: GMT IIC, DJII TT
Posts: 77
|
found money = Watch
|
27 March 2012, 06:11 AM | #3 |
"TRF" Member
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.
|
27 March 2012, 06:16 AM | #4 |
"TRF" Member
Join Date: Jan 2011
Real Name: Anthony
Location: North Jersey
Watch: Daytona 116528
Posts: 3,424
|
Get the watch...
|
27 March 2012, 06:17 AM | #5 |
"TRF" Member
Join Date: Nov 2011
Location: Nj
Posts: 11
|
I say watch. Money in the bank anyways!
|
27 March 2012, 06:17 AM | #6 |
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
|
27 March 2012, 06:18 AM | #7 | |
Banned
Join Date: Apr 2010
Real Name: Ron
Location: Laguna Niguel, Ca
Watch: Rolex 116613LN
Posts: 1,724
|
Quote:
|
|
27 March 2012, 06:20 AM | #8 |
"TRF" Member
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
|
|
27 March 2012, 06:24 AM | #9 |
"TRF" Member
Join Date: Jan 2007
Real Name: Karis
Location: USA
Posts: 19,377
|
|
27 March 2012, 06:24 AM | #10 |
"TRF" Member
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 |
27 March 2012, 06:24 AM | #11 |
"TRF" Member
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 |
27 March 2012, 06:30 AM | #12 |
2024 SubLV41 Pledge Member
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
|
Want to pay for my landscaping remodel?
|
27 March 2012, 06:30 AM | #13 |
"TRF" Member
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
|
|
27 March 2012, 06:30 AM | #14 |
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.
|
27 March 2012, 06:33 AM | #15 |
"TRF" Member
Join Date: Nov 2011
Real Name: Kyung
Location: Anywhere?
Watch: cha want...
Posts: 4,488
|
|
27 March 2012, 06:34 AM | #16 |
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!!!!!
|
27 March 2012, 06:35 AM | #17 |
"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.
|
27 March 2012, 06:57 AM | #18 | |
"TRF" Member
Join Date: Feb 2011
Real Name: Craig
Location: Seattle-ish, USA
Watch: GMTIIc, AK, LVc
Posts: 7,022
|
Quote:
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. |
|
27 March 2012, 07:05 AM | #19 |
"TRF" Member
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: |
27 March 2012, 07:09 AM | #20 | |
"TRF" Member
Join Date: Jan 2008
Real Name: David
Location: Minneapolis, Mn
Posts: 3,271
|
Quote:
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 |
|
27 March 2012, 07:10 AM | #21 |
"TRF" Member
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 |
27 March 2012, 07:23 AM | #22 |
"TRF" Member
Join Date: Dec 2009
Location: Earth
Posts: 723
|
|
27 March 2012, 07:28 AM | #23 |
"TRF" Member
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 |
27 March 2012, 07:31 AM | #24 |
"TRF" Member
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. |
27 March 2012, 07:32 AM | #25 |
"TRF" Member
Join Date: Jul 2011
Real Name: Serg
Location: US of A
Watch: AP
Posts: 7,437
|
x2
__________________
How can you have any pudding if you don't eat yer meat???? |
27 March 2012, 08:00 AM | #26 |
"TRF" Member
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. |
27 March 2012, 08:04 AM | #27 |
"TRF" Member
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! |
27 March 2012, 08:10 AM | #28 |
"TRF" Member
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.
|
27 March 2012, 08:12 AM | #29 |
"TRF" Member
Join Date: Jan 2012
Real Name: Will
Location: land of oz
Watch: sundial
Posts: 2,219
|
Life priorities then hobby!
|
27 March 2012, 08:53 AM | #30 |
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. |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.