this post was submitted on 27 Nov 2023
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Watches

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Hello everyone! I am a college student and I have been in love with watches for about 2 years now and have greatly expanded my knowledge and taste on watches. I was thinking about the next watch purpose just like all us watch addicts 😂 and was curious on what your rule about buying a new watch is? I am thinking of the GMT Master II but it’s $11,000 retail so I obviously should save up more than that. What are your thoughts and watch buying rule that you have set for yourself?

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[–] AJP14699@alien.top 1 points 11 months ago (2 children)

Definite rules for personal buying.

-Personally I can only buy 6 watches in my life max so Im forced to make my decisions count, I have bought 2 so far with a third coming along the way for my 25th Birthday.

-all have to be different brands and face colours. Only buy watches on special or memorable occasions. (Overseas holidays or birthdays). 3 swiss and 3 Japanese.

-If a watch is given as a gift, it voids all the rules.

Some other considerations I take into account but not set in stone rules:

-If a watch is worth more than 20% of what my car is worth, evaluate if it's more worthwhile to use the money to save for a better car.

-I need to actually be able to wear the watch. Dont want to get a grail piece yet if I feel I cant wear it on a daily basis.

-Dont see the watch as an investment, more as a hallmark of memories. I believe having memories associated with a watch increases its sentimental value and talking points, being able to point to a watch in your collection and go, 'I got this from my wife' or ' I got this during my overseas trip in Japan' etc. is more precious and valuable than saying 'I saved 10k for this Rolex'. But that's just me.

[–] Junekim10@alien.top 1 points 11 months ago

Yes! I agree about the sentimental value and memories tied to the watch! Also I like ur idea of being diverse with dial colors 😭

[–] improvthismoment@alien.top 1 points 11 months ago (1 children)

-If a watch is worth more than 20% of what my car is worth,

Interesting about the car rule. My watch is actually worth more than my car! Not because my watch is worth that much, but because my car is not worth much (<$4k I'm guessing)

[–] AJP14699@alien.top 1 points 11 months ago

The car rule is mainly put in place to keep my priorities straight.

I'd much rather own a nicer car. If the value of the watch can contribute to a dream car or something to upgrade from what I currently have.