How much money do you invest in watches?

nonuffinkbloke · May 29, 2018

M'Bob
I figure the money I save not getting divorced rationalizes almost any watch purchase.

Fakkin right it does M'Bob!🙁 ...... I'm much more of a wife collector than a watch collector, and they are very expensive.😟

nonuffinkbloke · May 29, 2018

Dan S
I am generally hoping that values will go down........

😲 'Fakk my old boots'!!!....😲

Archer · May 29, 2018

Alpha
Invest ? money and drain come to mind, enjoyment yes 😁😁

As a friend of mine always says, it's a calculation of enjoyment units per dollar, be it watches, cars, etc.

queriver · May 29, 2018

With no plans to sell, I don't view watches as investments ... perhaps to some degree a store of wealth over the long term if well purchased. On the other hand, as the kids will probably (hopefully not too soon) inherit them, if they decide to sell, they will have been great "investments" for them --- $0 purchase cost and whatever realised $s at time of sale.

llvhhui · May 29, 2018

Too much. More than I should.

Faz · May 29, 2018

Seaman
Hi

I was just wandering how much money do you spend on watches? How big are collections of member from this forumI? I am sure that are some impressive collection out there..can we see some pictures? I will start with mine which are not so many. The modern ones..I will post later with the vintage. 😀

Thank you.

It's called "spending".…

STANDY · May 29, 2018

I buy fishing lures at $10-15 a pop with the expectation that i will loose them as quickly as i buy them. The experience of being on the water as the sun comes up and fishing is priceless

Same with watches the joy is enough for me.

Alpha · May 30, 2018

Archer
As a friend of mine always says, it's a calculation of enjoyment units per dollar, be it watches, cars, etc.

As we say 'chuckles per £'

Finners · May 30, 2018

I don't think of it as investing, but I have spent a fair few pennies over the years.

bonerp · May 30, 2018

to me, enough. To my better half too much. To my dealer, not enough! To some of you guys clearly an ocean apart.

atc100 · May 30, 2018

queriver
With no plans to sell, I don't view watches as investments ... perhaps to some degree a store of wealth over the long term if well purchased. On the other hand, as the kids will probably (hopefully not too soon) inherit them, if they decide to sell, they will have been great "investments" for them --- $0 purchase cost and whatever realised $s at time of sale.

I agree, plus I hope they won't need to sell them, just keep them as a memory and pass them later to their kids. Maybe to much to expect but you never know.

dscoogs · May 30, 2018

Invested zero, spent more than what I should have but less than what I wanted to in watches.

Waltesefalcon · May 30, 2018

More than I should but less than I could. None of mine are investments though, I like them and maybe someday my kids will.

lillatroll · May 30, 2018

Did we get out of bed the wrong side this morning?

atc100 · May 31, 2018

lillatroll
Did we get out of bed the wrong side this morning?

Someone did ::rimshot::

Hahaha

Dgercp · May 31, 2018

STANDY
I buy fishing lures at $10-15 a pop with the expectation that i will loose them as quickly as i buy them. The experience of being on the water as the sun comes up and fishing is priceless

Same with watches the joy is enough for me.

try some blingy watch instead of a lure, the experience will be even better 😀

Felice79 · Jun 1, 2018

I invest in enjoyment. I pay for the watch, my interest is the fun i have with it.

But yes - compared to other things you can spend your money on it's a plus that you hardly ever "loose" money when buying good watches, especially vintage these days.

Unlike a car that you buy brand new for 90k and it's with half of that in 2 years time...at least that's what i tell myself and all the other "sane" people around me.

So if you don't agree, don't wake me up PLEASE! 😉

Enkoy,
F

rkman11 · Jun 1, 2018

I try and stick with a "one in one out policy"... or sometimes two out if incoming is big. So I tell myself (and my wife) the spend is minimal, if at all!

dialstatic · Jun 2, 2018

I invested in two watches that I hang on to primarily because I suspect they will rise in value (so far, they have fared slightly better than my bank account interest). I use the term invested loosely here, and my personal definition is that I guess I would’ve sold them by now had I not expected that they would rise further.

The rest of my watches I bought simply because I liked them. Once I don’t anymore, they’re gone. Some were money pits, and some have proven ‘sound investments’ but only by accident and in retrospect.