First thing I bought with my sign-on...
IB
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(Baboon, 135
Points)
on 11/12/10 at 6:52pm
So I know there have been posts like this before, but what the heck...
I just decided on an offer, and signed the contract today... and went and spent half of my sign on on a Rolex.. I had my eye on the Milgauss, but in the end went for the GMT II...
I was just curious to see how others spent their sign-on or celebrated landing a job?
I know it seems foolish to spend so much cash before even starting, but the way i see it, buying a watch is a pretty good way of remembering a good moment and rewarding yourself after a gruesome job hunting process..
Thoughts?







Congratz on the offer, and a
Congratz on the offer, and a HAHA for wasting half your sign on for a watch.
Are you serious? Terrible
Are you serious?
Terrible money management imo.
Spending that much on
Spending that much on frivolity is silly. And why are banks going to let you manage their money again? Yikes.
what an idiot.
what an idiot.
Don't listen to others. Spend
Don't listen to others. Spend your money the way you see fit, but make sure you got enough for that rent! I don't know where you at but in NYC the rent is too damn high hehe
Do what you want not what you can!
I guess his logic here is
I guess his logic here is that spending one's signing bonus on watch is a much better and memorable way than just wasting it on parties, drinks and chicks. So I see you point, Smooth Nico, although I have never been a huge fan of watch and would not spend my bonus on a single item.
I'll probably spend at least 1/3 - 1/2 of my bonus on traveling different countries and climbing appalachian mountains. So to each, their own -
Dude....... Why a Rolex?
Dude....... Why a Rolex?
People like Coldplay and voted for the Nazis, you can't trust people Jeremy
btw...I will be spending my
btw...I will be spending my bonus on new home theater system, some wardrobe additions, and some vacation travel...I hope it's enough. hehe
A nice watch is a good thing to buy as in Finance status matters and ppl actually care about the watches and shoes you wear...but this is when you are getting more senior of course.
Do what you want not what you can!
You're the man now, dog
You're the man now, dog
Nice watch, is that the one
Nice watch, is that the one with the green hand and ceramic dial?
I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.
That's pretty tite bro!
That's pretty tite bro!
-_- wrote: Are you
Are you serious?
Terrible money management imo.
Your first thought are right... Spending so much on a Watch seems crazy.. But to answer your comment, i wouldnt exactly label it terrible money management:
The particular watch i bought is known for having The est resale value and is very sought after in the second hand market. Plus prices on these watches go up twice a year, so chances are in ten years you can often fetch the same price you paid for it.
Any MD/Associate/VP is also
Any MD/Associate/VP is also going to think your a douche for wearing that, along with cufflinks, contrast collar shirts, suspenders, and hermes ties.
-_- wrote: Any
Any MD/Associate/VP is also going to think your a douche for wearing that, along with cufflinks, contrast collar shirts, suspenders, and hermes ties.
What in the world are you talking about? These posts are all over WSO and I have yet to meet one MD/Associate/VP who thinks this way.
Although I do not think that spending half of your signing bonus on a watch is a great idea, I also have no idea about the rest of the finances of the OP. If you have money saved up for first months rent, security deposit, etc, etc and you feel comfortable with your financial position, then fine spend some money on a watch.
Personally, I love watches, and I spend some money on watches, but that is a choice. Everyone spends money differently; some people prefer nights out while other prefer clothing, some like watches, etc.
-_- wrote: Any
Any MD/Associate/VP is also going to think your a douche for wearing that, along with cufflinks, contrast collar shirts, suspenders, and hermes ties.
Your analysis is wrong and really depends on which kind of people you work with. I think dressing well and making sure to keep a good appearance is important to senior team members... I doubt I would have ever been brought to a client meeting had I not made an effort to dress well
Don't listen to these guys.
International Pymp
Totally agree with Pymp. You
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A grueling process? All you
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Why did you not buy a swatch?
lol i gave marcus a sb
moving into nyc can easily
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this is downright laughable.
rofl, I sure hope you aren't
You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
Quote: BTW, my phone cost
adk97 wrote: Quote: BTW, my
You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
Should've gotten that
Marcus_Halberstram wrote: A
-_- wrote: Any
GenghisKhan wrote: -_-
youre gona have issues later
I don't care about the watch
jimbrowngoU wrote: I don't
My comment was more to
Smooth_Nico wrote: You have
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WHAT AN IDIOT. you know your
The hate in this thread is
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nycIBD wrote: youre gona have
Agree with Anthony. Although
derivstrader
jimbrowngoU wrote: Agree with
Dirrty wrote: WHAT AN
Smooth_Nico
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What's with all the haters
I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.
My wrists are too small to
It’s no mystery that ass has always been tits’ greatest enemy... It’s almost like a Muslim-Jewish thing, but with tits and ass.
Spend your money however you
-_- wrote: Any
Man, bankers are some vain
Not to beat a dead horse, but