[mnsc]

> Because it makes me look successful in the eyes of Others

This is going pop psychology pretty fast but do you think an explanation could be that it's you who believe that? "I have this expensive watch now 'cause I'm successful" and what others are picking up is your confidence that stems from this belief.

I totally agree that people want to do business with confident/successful people but I believe that you could have the same aura which would get the same results with a nice anonymous $50 watch spending all your money on other expensive things that you don't wear/display on your body.

[scrdhrt]

Of course it is. It's part of the signaling equation. The same way that someone might put on a nice suit for an interview or a date when they're usually not wearing suits at all. "I have this suit now because I need the confidence it gives me (in addition to showing that I can dress appropriately)". One just have to be aware of it.