The stock market made me hit the pause button

[Harry-57]

Originally Posted by mountainjogger

I just feel better with no debt.

To me it's the difference between sleeping soundly at night and not. I don't feel smug, just very fortunate.

I wouldn't want to be trying to climb onto the housing market today. There should be a realignment. It's overdue.

Now I'm starting to depress myself. Back to the watches....

[roadie1]

Originally Posted by temporarychicken

I don't care how cheap debt is - its debt. I still don't want any.

If aspiring towards and achieving a debt-free life is out of fashion, then so am I lol.

Same here! Zero debt of any kind. To those that choose debt for some reason, enjoy the payments.

[zengineer]

Originally Posted by rajurama

If your buying decision is based of any financial gains or losses just understand you are really not into watches for a passion. Probably you bought previous watches as a reward or just to get the latest or best etc. Or just as an investment.

I'm so tired of the "I'm a purist and everyone who even thinks about the cost or value of watches is not". Whether it's cars, motorcycles, firearms, watches or other hobbies, I play with money that isn't needed for anything critical. How comfortable I am spending discretionary money has everything to do with how well I'm set on retirement savings and other funds...and this economy isn't exactly doing g my annual bonus any favors. It's all a part of the larger picture when I think about spending money on luxuries.

I think it's called being a responsible adult.

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[bin31z]

Well if you had locked in mortgage rates at 2.75% while inflation is 8-9%, Fannie and Freddie are essentially paying you money to borrow money. Especially now with markets tanking and super low yields on savings, CD, etc. Even if your home doesn't appreciate like it has been, the fixed mortgage payment is alot better than rising rents. In my opinion, its a win-win-win, being paid to borrow money vs inflation, possible real estate appreciation, a place to call home.