I treasure my Submariner. It's the one article of fashion I have that goes perfectly with every outfit; it looks great with a tuxedo and it looks just as good with shorts and a t-shirt. It's incredibly well-made: I wear mine every day and after nine years together, it still looks better than the year-old iPhone in my pocket. It's also understated--at least, my stainless steel, black-bezeled Sub Date is--and it doesn't scream "expensive" or "showy" like many watches on both ends of the price spectrum often do.

There are a few advantages to owning a Rolex that may not be so obvious: For starters, it's quickly exchangeable for a high percentage of its value in cash in virtually any major city in the world. Because you're always wearing it, that's $8,000+ in cash that you can have in short order if you needed it badly and circumstances prohibit you from accessing your bank account.

Another advantage: they almost always appreciate in value over time. Very few physical assets can claim similar long-term value. People have been coveting these watches for nearly a century and that's unlikely to change. I will surely give mine to one of my sons someday.

If you can afford it, I highly recommend you treat yourself to one. I get enjoyment every day when I put mine on. I can barely remember any of the cars and trucks I've owned but I spent less on my Sub and I'll never forget it.

Thanks for the article, OP.