Thrasher are you seriously advising taking debts for purchasing a watch? Well, I guess I should not interfere in this regard but taking debts for aquiring luxury seems to be a bad approach regardless of the conditions of the loan agreement.
Better save your stocks untill you can pay it cash. I know the swiss watch industry increases the retail prices on a regular Basis and therefore it appears to be a good idea to buy one as fast as possible, but looking at the prices for used ones the SMP does not hold or increase its value. Hence, in case of need you would have to sell it with loss and be bound to the loan.
If you can use someone else's money for free while yours earn interest do it, My 2531.80 is worth the same or more than I paid for it in 1997. Last but not least, your not going to live forever and you cant take it with you! Oh and if your concerned for my family they will be just fine, Thank You.