Help me justify spending 16k on a watch with 500k HHI

24m. 450-500k HHI. I am considering purchasing a used Rolex GMT Master Batman but I’m not sure if it’s the right decision. I know that the watch won’t outperform the S&P and there’s a chance it depreciates but I don’t know, part of me really just wants a nice watch, as I’ve never owned one before. I’m only 2 years out of college so I don’t have as much saved up as someone with my HHI usually would have. I don’t work a job where I need to wear it or would benefit from wearing it.

Thoughts? Advice?

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u/Luckytiger1990 — 4 days ago

How important do you think finding a HENRY spouse is to your financial freedom AND happiness.

24m single. 500k HHI.

I read a lot of posts on here and one big thing that hits me is how powerful dual high incomes can be. I see so many couples on here with incomes that are great alone but amazing when combined. My 500k turns into 750k or 800k HHI with the right partner and gives me additional room to take career risk. My career has a very high right tail.

However, objectively speaking, it’s tough to find a HENRY partner, especially as a man (78% of 200k+ earners are male and 84% of 350k+ earners are male). I’m also not in medicine or tech/engineering where I suspect most of the HENRY couples are congregated, due to the RELATIVE gender parity in those fields compared to mine.

I recently started a job in a MCOL geography and moved away from NYC. I am wondering if I made a mistake for dating someone who is equally motivated towards financial independence, as from my understanding, NYC has an outsized number of HENRY women and my MCOL geography, by its nature, has very few.

But at the end of the day, I’m not a gold-digger. I don’t need a high earning partner that badly. And there are other things that are much more important in a spouse. So I’m just looking for additional perspectives on this, from people who are older, wiser, and more experienced than me.

Perhaps another way to put this is that every post I see in this sub is from a couple with 600-800k combined HHI split evenly. I think part of me is just looking for validation that you can still find financial success and more importantly, happiness as a single-earner-dominated household.

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u/Luckytiger1990 — 8 days ago

Where in the greater Cville area would you do most of your grocery shopping if you had unlimited budget and wanted to cook the best food (including meat, fish, and seafood) possible?

Thought experiment to help inform some of my decision making. Can list multiple places for different categories if easier.

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u/Luckytiger1990 — 8 days ago

What shoes do you wear for walking a lot while traveling that are also appropriate for fine dining?

I am a younger global fine dining enjoyer. I like to travel for food but when I travel I also walk around a lot in the cities I visit and I also enjoy clubbing / nightlife.

It’s difficult for me to find one or two pieces of footwear that I can pack that allow me to accomplish all 3 of these activities.

I’m curious how others deal with this. So far, I have just been wearing basic white sneakers which aren’t the most comfortable for walking or the most formal for dining but they work for everything.

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u/Luckytiger1990 — 13 days ago

What historical / governance issues have made housing here so expensive?

I am seriously just confounded. Moving here from a top 3 US metro city and my rent is not going down nearly as much as I expected it to.

Just curious what historical aspects are as play that caused this situation. My personal suspicion is NIMBYism guised as anti-gentrification based on the reading I’ve done on the history of housing development in Cville.

I’ve read quotes about recent proposed large-scale developments being called “oppressive” and “overshadowing neighborhoods” and frankly none of that is a concrete or valid reason to me as to why more housing should be blocked.

The only way existing housing costs go down is if newer, more expensive housing is constructed. No developer is going to construct loss-generating affordable housing, as much as we wish for it to be the case, and we’ve already seen how poor of a job the public solution is in CVille. Am I being too laissez faire here or am I justified? I’ve seen a lot of frustration aired with the Cville redevelopment and housing authority as well.

All this is to say is that I don’t think there’s any real fix unless we can time travel back 10 years when construction costs were 50% cheaper and actually allow developers to build.

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u/Luckytiger1990 — 15 days ago

Did Obi Wan and Yoda really expect Luke to kill Vader or did they just want to put him in the right place at the right time?

I think it’s interesting that while Obi Wan is telling Luke he needs to kill Vader, Yoda is much softer in his language and tells Luke he needs to confront Vader, not explicitly kill him.

A big point of the E1-6 story is identifying the flaws with the dogmatic ways of the Jedi, attachments, and how Luke found a better way that nobody else could have accomplished. Add on the fact that Obi Wan could not kill Vader the second time in his TV show. Clearly killing Vader was not a priority or the solution to Obi Wan, even though he voiced it to Luke harshly. If he could not do it himself, I can’t imagine him expecting Luke to be able to.

Thoughts?

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u/Luckytiger1990 — 15 days ago

I realized I’m more into the other twin sister — how do I enact the switch without hurting the other twin sister?

I was originally talking to one twin sister. Then I met the other one through her and thought she was more my speed. That became a situationship. I realized I didn’t like her and it didn’t end well. She got hurt. Now I want the original twin.

Is there a way to do this without hurting the sister even more that I already hurt in the situationship?

The backstory is that the original twin I was talking to is the hotter, party girl twin. I specifically disengaged with her to start a situationship with the less hot, quieter twin who I thought was more intellectual and interesting. But it turned out she is not that interesting to me. So I ended the situationship without really giving her closure or an explanation. She got really hurt. But now I just want the hot twin tbh, and I’m not really expecting to be blown away by her personality, so maybe this isn’t worth pursuing and hurting the less attractive twin again who I already hurt.

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u/Luckytiger1990 — 17 days ago

Lease vs buy car as HENRY without job stability

I am 24, starting a new job in a new geography next month with 450k-500k TC. This job is basically a 1-3 year test if I do well in the firm and fit in, and if so, I will have a long and lucrative career in this geography. If I don’t do well, I will need to leave this geography and very likely (99% probability) move to a big city where most of the jobs in my field are located and where a car is pointless. I am moving from such a city so I don’t have a car right now.

In this scenario, should I be renting or buying a car? In either case, I would likely opt for a reliable Japanese sedan. I am not passionate about cars nor excited to get a particularly nice car. I just want something that works and doesn’t cause me excess trouble.

I understand that financially leasing is usually worse than buying as you are paying for a newer vehicle during its years of maximum depreciation. However, as I may be leaving my car behind in 2-3 years, I’m not sure if it makes sense to buy.

Thoughts? Advice?

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u/Luckytiger1990 — 18 days ago

HENRY Relocation dilemma: Dream job vs dating prospects

I recently received a dream job opportunity.

I work in finance in NYC currently. I would be moving to a very small city (not a tier 1 or tier 2 or tier 3 city). I would be making extremely above market comp guaranteed in my late 20s in an extremely stable job relative to my industry and I would have a real shot at annual paydays that would enable me to retire comfortably from a single year’s earnings. I would be working in the niche that I absolutely love and be doing the work that I enjoy and have a passion for doing.

But to be frank, the city is not great for dating. There are not a lot of transplants and especially relative to NYC, the move is quite poor. In the least crass way possible, NYC has (a) extremely physically attractive women everywhere and (b) extremely high achieving, motivated, HENRY women everywhere, which seem to be good things for dating.

I’m worried that I take this move, and next thing I know I’m 35, filthy rich in the middle of nowhere, and single, unmarried with absolutely no prospects.

At the same time, I may be discounting dating in smaller cities as I have only lived in NYC my entire postgrad life.

Advice?

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u/Luckytiger1990 — 1 month ago

Thoughts on Indienne opening this month? Overhyped?

Saw the Chicago 1 star is opening here in NYC. Menu is 33% more expensive than the original, as is to be expected.

I’ve been to both Musaafer and Ambassador’s clubhouse (both recent openings) multiple times and found the meals ranging from underwhelming to one downright bad experience. Will Indienne crack the code of NYC fine dining Indian food?

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u/Luckytiger1990 — 2 months ago

Is the adderall shortage over?

I haven’t gotten prescribed for a few months because I couldn’t get it filled. Has been very shitty. I’m curious if the shortage is over now? In that case I’ll go back to my doctor for a prescription.

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u/Luckytiger1990 — 2 months ago
▲ 1 r/Money

Context is that I was living in VHCOL (think NY / SF) where I was paying 3.5k rent while making much less. Now I got a job making 450k in LCOL and I need to move there but the city doesn’t really have affordable rental housing. My options are really an average 1 bed apartment for $1.8k or this luxury amazing option for $2.5k. Theres literally no apartment more expensive in this city that I could find. But there’s also no real cheap option like some other geographies. It also seems palatable to me because I was paying so much before so it feels like I am actually saving money now but idk if I should be saving or splurging here.

The luxury apartment is fantastic and the location is perfect and I feel like I make enough to justify it but I know I could be more frugal if I tried. I’m young still so I know I have the energy to settle for a frugal option and deal with the bullshit that comes with it, which is maybe what I should be doing.

Advice?

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u/Luckytiger1990 — 2 months ago

Running Tokyo, Kyoto, and Osaka. So far on my list, I have Cocon, Ginza Oishi, Ginza Kitagawa, Ukiyo, and L'Effervesence. I am looking for additional recommendations that are actually bookable. Good price/quality is preferred but money not an issue if the place is good.

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u/Luckytiger1990 — 2 months ago