Curious to see how the demand for new, and the value for vintage watches may be affected by the recent selloff.
If a correction like this impacts whether or not you can buy a watch, you mismanaged your situation long ago.
I don't give it much thought. I'm selling three watches on ebay right now and I will be spending all of the money raised on two more watches.
My decision to buy or not buy is based on 1. What I want. 2. Availability. 3. Price. . . . . . . . 4. Is my wife watching...
Looking to take advantage of the current sale on stocks definitely affects my watch budget. ...or at least it would affect it if I had not already spent the budget earlier in 2018. And then spent some more... ...and some more...
No pockets in a shroud mate! Don't worry about all that old 'save your money' cobblers ....get it spent on a nice vintage, pre-moon, Omega Speedmaster..... before you pop your clogs!
I am lucky to collect vintage speedmasters, they look all the same ( in the eyes of my wife) so she do not realize when I have bought another one
The ups and downs of the market affect my retirement accounts, but not my immediate liquidity ... I've learned to look away when volatility strikes, and just ride it out. I'm saving for a new watch for the wife as we speak, stock market or no stock market.
The S&P 500 is up nearly 300% since the market bottomed in March of 2009, without a significant correction. Stocks were long overdue to correct - valuations have gotten ridiculous, especially among the FANG stocks that have been driving the market. Maybe a market correction will bring some sanity to watch prices in the secondary market as overstretched "collectors" need liquidity.