How much do YOU spend on your watch hobby/collection/obsession???

[vpr80]

Bit of a hypothetical, but seems that us watch fans spend a very sizable amount on watches and our collections. I myself have also slowly crept up-market and it certainly is not a cheap hobby. But then I see some other collections and just makes me drool because they are nicer than my local AD's :)

So I was just thinking of how you decide weather you can buy that new shiny watch that just hit the shelves or when does it become too expensive? Or how do you gauge what your watch buying budget is? Given than these are pretty much perfectly elastic luxury items, just curious how you decide how much is ok spend? Or for that matter, how often?

[thlax]

Originally Posted by vpr80

Bit of a hypothetical, but seems that us watch fans spend a very sizable amount on watches and our collections. I myself have also slowly crept up-market and it certainly is not a cheap hobby. But then I see some other collections and just makes me drool because they are nicer than my local AD's :)

So I was just thinking of how you decide weather you can buy that new shiny watch that just hit the shelves or when does it become too expensive? Or how do you gauge what your watch buying budget is? Given than these are pretty much perfectly elastic luxury items, just curious how you decide how much is ok spend? Or for that matter, how often?

I see your curiosity...but this is exposing a lot to the public and about high $$$ items. I dont know how much people will say...

For me, I make sure all my expenses are paid for then what I have left over I invest. I take some profits from investing to pay for a new watch.

[vpr80]

Originally Posted by thlax

I see your curiosity...but this is exposing a lot to the public and about high $$$ items. I dont know how much people will say...

No, no. Don't need any specifics, but just curious what people think is OK to spend on a new watch. Obviously we all have the disposable income for such items, but some models hit amounts that cost more than a new Benz and some collections hit 7-figures.

There are obviously watches that I too would love to own and could afford, but then it wouldn't be smart or financially prudent so some restraint is in order.

[texex91]

[Submarino]

As much as your wallet will afford, granted that all other aspects of your life are properly taken care of (bills, expenses, food, supplies, clothing, etc.)

[Graillover]

this year a little under 30k for a 218206. However only after I sold my collection off and a few other small investments..

[seattle1978]

Originally Posted by texex91

x2

[Ristretto]

After purchasing 4 nice watches( SS Daytona, AP BB ROO, AP RC ROO, PAM 339) I've come to a point that I no longer am satisfied with adding other watches and if I am in the market it's going to be something like a "heavy hitting" piece such as a PP 5130p (not any time soon).

[h999r]

Cant think about it now .. Im eatting ..

[kilyung]

After all the bills and other sundry needs are taken care of, after retirement and investment plans are met, post vacation funds, only then is any money used on toys. I also maintain a watch fund that I invest between purchases. Basically, everyone's situation is different so this is a relative question.

[WhatTheDeuce]

I spend every penny I earn on watches, that's why I live in a refrigerator box...










I'm still trying to master the art of restraint, though...

[oworkman]

As Mike said, purely discretionary, after more important family planning etc is taken care of.

Although i have been know from time to time to throw caution to the wind for a new purchase which just makes me push harder to put more away!!!

[gwalker]

Most of these threads end up locked and I will just say I'm not super comfortable saying.

[Gaijin]

Just bought a house. Tied up a lot. I fund my retirement and make sure that the people that are close to me are taken care of first.

Then if I can I splurge on a Rolex.




and



IBTL.

[BgJoe79]

i agree with all of you family and priorities come first i dont have a huge collection but im saving for a royal oak diver or panada both my favorites there both expensive both worth the saving for. as for budget i guess you buy what you can afford any watch is a pleasure to have.

[TSW]

Too much....according to my wife

[BgJoe79]

lol same here shes sick of hearing me talking about lol

[vpr80]

Originally Posted by TSW

Too much....according to my wife

Sounds like mine as well.....why won't she just understand :)

[HL65]

Yes

[mb23]

Originally Posted by TSW

Too much....according to my wife

And mine.... she's always LOL!

[emagni]

Originally Posted by Graillover

this year a little under 30k for a 218206. However only after I sold my collection off and a few other small investments..

Hate to derail this thread But congrats and great price for a DDII Plat. Wear it in the best of health :-)

[Puffy]

never spend money i've had to go into the office to do actual work for

collection has been paid for with capital gains from investments and day trading (better to spend on watches than the taxman getting his filthy hands on it )