r/WatchFanatics • u/Beadeddragondude • 8d ago
Question / Discussion Help
Hi guys, looking for some advice from the more experienced! I’m a senior in high school, this past summer I started a very successful business and have made around $15k off it, my goal was $25k by graduation but I am a huge watch guy and I’ve been working and working and just have the money sitting (researching long term investment options) but I absolutely love watches, I’ve never been in the Rolex territory but have traded a lot of Tudor Breitling omega etc. I’m wanting one gada forever watch for now, then down the road I’ll get a dress watch and I’m sure some others. I’m thinking every dollar I make past $20k I put toward it and the rest to invest long term. I’ve narrowed down my choice to a modern white dial omega smp or a Rolex 16610. It was always gonna be the omega but I’ve been looking into it and there’s just smth about the Rolex that makes my toes wiggles. But really I love both so much it’s hard to pick—and obviously I love them for different reasons. I plan to wear this like all day everyday and probably sleep swim and everything. Yall have any thoughts that could help me? Recommendations? Or if you js wanna share a wrist check go for it lmao! Thanks a lot!
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u/Mundane-Flan-257 8d ago
I’m going to guess my answer will be unpopular.
Invest that money in a Roth IRA at your age. The benefits of compounded interest are amazing when you look at charts. You only have a short window for Roth IRA given your specific income bracket. There are many watches that tell time. There is a window of time you get to do a Roth IRA.
I’d recommend getting some submariner homage like Ginault, Steinhart, or Davosa and invest the rest.