Rolex Watch Is NOT Worth Your Money [0:00:00]
[Music] Thinking about buying a Rolex? Let me save
you a little bit of time and a lot of money. Don’t do it.
Seriously, even if you have the money, buying a Rolex isn’t the right decision for most
men. And, in today’s video, I’m going to talk about seven things that you should think about
before you buy a Rolex. Now, to start things off, yes, I’ve bought
and owned four Rolexes. The first one I purchased over two years ago was this beautiful Yacht-Master
right here. I purchased this with my friend Aaron Marino to celebrate my first million-dollar
year with Real Men Real Style. The next Rolex that I picked up was my blue
dial Datejust. I absolutely love this. I wanted something a bit fancier something more of
a dress watch that I could celebrate Menfluential. It was the first year that we sold out. So,
again, I wanted something to remember to celebrate that event. I knew it wasn’t going to last
forever and I wanted something to commemorate something I could look back on and remember
those times. The third Rolex I picked up is the Rolex Explorer.
I absolutely love this design and the story behind it. So, after Sir Edmund Hillary climbed
Mount Everest with a Rolex, they actually commissioned this to be built to celebrate
that, hence the Rolex Explorer. And, I bought this one because I wanted to
celebrate me and my family traveling the world. We’ve lived in Thailand, we go live over in
Ukraine, multiple other countries. I was just in Mauritius with my son. We’re looking to
travel maybe to Sri Lanka. I wanted a watch that could celebrate us just going out there
and seeing the world. And, the final watch on this list, the Rolex
Submariner No Date. Now, this one doesn’t really have a great story. I simply was speaking
to a friend, he had it in stock. They’re hard to get, so I grabbed it because I’ve always
wanted this watch and I thought it would be fun to own.
So, to get things started, let’s address the elephant in the room. Why would a guy with
four Rolexes tell you not to purchase a Rolex? Because I’ve also bought about 75 other watches,
and what I’ve noted is it I’m not wearing my Rolex is all that much.
Actually, two of them do make my normal rotation, but two of them really just sit and aren’t
worn at all. So, it is something I want to make sure that if you’re going to buy a Rolex
that it’s the right decision for you. Oh. And to have a little bit of fun, let’s
see if you can guess the watch I’m wearing right here. I’m just going to reveal a bit
of it. Let me just say that it is very closely related to Rolex. It’s not a Rolex though.
Let me know down in the comments and we’ll see who can guess it. I’ll reveal at the end
of today’s video. So, the first reason not to buy a Rolex is
to buy it for status purposes. And, I know that that’s why the sport steel watches sell
because everyone wants to own a Rolex at the entry-level price point, hence why the price
has driven up on them. But, here’s the deal. I’ve had maybe fifty
conversations in over two years about my watches whenever I’m wearing a Rolex. And, of those
fifty conversations probably ten of them actually were with people that weren’t, you know, we
didn’t bring it up or they weren’t in the know they weren’t in the industry.
So, I’ve had ten people in a total of two years and let’s think I’ve probably walked
by through New York City airports everything, I don’t know a thousand people and I’ve
interacted has to be like but at least a couple thousand at least a couple thousand and almost
nobody has noticed the watch. So, if you’re buying it for status, I don’t think it’s worth
it based on my experience. Seriously, I read about a guy that bought
a watch and he said you know I went to the airport I put my arms up there. They saw my
watch, they upgraded me to first-class. I’ve actually tried this. I know it’s so superficial,
but it has never happened and I’ve probably flown I don’t know 20 times and actually tried
this trick. But, no, I mean I have people have noticed
the watch, but again, these have been people that know a lot about watches and we’ve been
talking style and it’s usually at meet ups or events like that.
Now, I’m not saying that wearing a nice watch doesn’t level up your status, but it doesn’t
necessarily need to be a Rolex and that’s my point here. The thing is a lot of people
are just buying the Rolex for the status, to be able to say that they have the Rolex.
But, if you’re out there announcing that you have a Rolex, yeah, you’ve got issues, unless
you’re me at an airport, again, trying to get knocked — knocked up to first class.
I swear it’s all an experiment. Next up, let’s talk about how the watch makes
you feel. Basically, what I’m talking about is enclothed cognition. This is a whole field
of science that talks about how we perform is affected by the clothing we wear and how
it makes us feel. Now, not everyone is susceptible to this.
Some people really they’re just super self-confident and they could be, you know, basically walking
around naked and they’re not going to have an issue. For most of us though, we need to
be wearing the right clothing and this can apply to accessories.
So, if it’s something that you’re really into watches and let’s say that you’ve wanted to
Rolex forever, I would say in this case if you’ve got the money to spend, it may actually
be worth it because I know me, I’ve wanted a Rolex for 18 long time. So, when I reach
the point that I could afford it, whenever I wear one of my Rolexes it actually makes
me feel a bit more confident. I know it’s there and it reminds me the story behind it.
Now, this isn’t going to be for everybody. So, in this case if you’re that type of a
person, then, yeah, you don’t — go for a — go for a Loreo. It looks just like a Submariner
and actually it’s a great deal for about a hundred bucks. Or you know I guess you could
go with the Invicta, but I like the Loreo a bit more.
Next up, let’s talk stories. So, I think having a great story with a watch and it reminding
you of something, you buying it to commemorate something is a great reason to buy a watch.
[0:05:03] Now, without a story, you can do it if you
just want it, but I can tell you this watch doesn’t really have the same meaning. It’s
a beautiful watch, I like it I got a great deal on it, but I can tell you I’m going to
give it away to a friend that you now would never buy something like this for him. The
point being is a great story can make the watch.
And for me, every time I think about this watch, I was with Aaron we purchased it, I
just had my best year ever with Menfluential and I’m going to keep this watch. I’m going
to celebrate those moments. Every time I wear it thinking about those moments.
Now, the next reason not to buy a Rolex is as an investment piece. This one has white
gold and you could argue, okay, it’s got precious metals. And, it actually is selling for about
the price I paid for it. But, you know this one is now used, it probably has a few scratches
on it, the warranty we’ve used a couple years on it. So, I would say I wouldn’t be able
to get – definitely, I would lose a bit of money on this.
The only Rolex I actually probably can make money on and sell is this one right here.
I haven’t even tried it, all the work that goes into it. Actually, setting up an account
because I’ll have no trust on one of these brokerage sites that allow you to sell used
watches, so it really would be a hassle. Again, if you’re not in the business if you’re not
going to do this in bulk, if you don’t know what you’re doing, definitely don’t get into
this as an investment. Next up, let’s talk accuracy. Maybe you want
to buy a Rolex because they’re incredibly accurate, plus or minus two seconds a day.
Another cool thing about all Rolex watches is they’re tested over at the official Swiss
Chronometer Testing Institute. Basically, what happens is over a period of
fifteen days they test the inside movement in five different positions at three different
temperatures, so it’s pretty extensive. And then, they give it a certification if it actually
passed which all Rolexes sold do. And then, beyond that Rolex actually tests their watches
once the movement is inside the watch to ensure, again, it’s incredibly accurate.
Now, all that sounds great, but if you’re really into accuracy, why don’t you just go
grab a Grand Seiko. They’re actually twice as accurate, so to one second a day plus or
minus. And for most people that own a Grand Seiko, the Spring Drive, they actually say
it’s even better than that. We are talking maybe a couple seconds a month off.
And, if you’re really in the accuracy, how about you just grab a simple digital watch
which is going to be incredibly accurate or the most accurate I guess watch amount there,
less than a thousand bucks and this is going to connect to multiple towers around the world.
So, wherever you’re at in the world, you can get the accurate time in your time zone which
is pressing a button and it’s going to link up this even I don’t — not satellites, but,
yeah, you get the drift. The point being Rolex is accurate, but it’s not the most accurate
option out there if that’s what you’re after. Next up, let’s talk security. When you’ve
got an expensive watch, understand that thieves that people that will steal from you are watching
this. I had a friend he’s over in Rome and he’s just walking around wearing a very nice
expensive watch and he had it ripped right off his arm. He never really talked much about
it, but it was something that shocked him and he wasn’t ready for.
All my watches, I keep secured in a safe and it’s something that you start thinking about
security, you think about getting robbed. So, if I’m going to be traveling and I want
to watch that’s relatively inexpensive, one that I think looks fine and one that if it
was stolen from me if I lost it, I’m not going to be crying, then I’m going to get a fashion
watch. But, be careful when you get those expensive
watches. If you are not going to be ready for everything that comes with, you know a
little bit of the headache, then, yeah, it’s not worth the purchase.
And, let’s talk about the maintenance. So, there is maintenance that comes with these
really nice mechanical watches. What am I talking about? So, every five years you need
to get this thing opened up, you need to get the oil, yes, checked on your watch because
it actually starts to break down. Now, a lot of people aren’t going to do anything
until the watch starts functioning poorly, but usually you know and I actually kind of
prescribe to that side. Don’t mess with it if it’s not broken. Point being though is
eventually the mechanics will break down, there will be an issue. There may be something
that, you know, you have to send it off to get a warranty. The point, expensive watches
have expensive maintenance. All right. So, what was the watch I was wearing
in today’s video and one of my absolute favorite watches? Right here, you’ve probably seen
this in one of my other videos. Right here, we’ve got a Tudor Black Bay 58. I absolutely
love the size and the look, very similar to the Submariner. But I actually like this one
better, so hence why I’m probably going to give that Submariner away.
And, another watch I’ll probably be giving away. Yes, I will be probably giving away
my Datejust. I’ve got a certain person who I’ve been thinking about for a long time and
I want to give this watch to. But, curious like what are the other watches
I’m rotating through that I absolutely love? I love the dial of this watch right here.
Check out this Monta, absolutely beautiful field watch, very different from my Explorer.
And I love — and the two Rolexes that I wear that are in my rotation all the time, my Explorer
in my Yacht-Master. I love both of these watches absolutely. And, yeah, the Datejust, I like
it, it’s just I don’t wear it enough. Another watch I’ve been wearing a lot lately.
Right here, we’ve got this YEMA Superman, absolutely beautiful watch I picked up over
in Mauritius. Notice the nice patina that’s forming we were diving in the Indian Ocean?
And, I showed you this watch earlier, but I absolutely love this Casio G-SHOCK MT-G,
beautiful watch. [0:10:14]
So, after all this, are you ready to buy your first Rolex? Okay. Then check out this video
right here. I go into a lot of detail about all the different types of Rolexes and what
you should think about when buying your first Rolex.
Oh. And, watch for the blooper. I mispronounced a certain watch, it’s embarrassing and the
internet has let me know that I made this mistake. But, yeah, go check out the video
right here. [0:10:35] End of audio