Originally Posted by Reevolving
LOL on driving a Kia and wearing a Patek Philippe.
Did you buy your Patek Philippe's new or used?
Do new ones depreciate, hold steady, or appreciate?
If you do not like depreciation on cars, you can buy CPOs.
Also, I do not wear replicas or homages. My friend does.
I wear a vintage Hamilton, a vintage Citizen, and a steel chrono as a beater watch.
I do not need to make up a friend to protect an anonymous internet account.
I bought my 3 Patek's new. As I did with the Rolex watches I own (more than 5 and that's all I'm going to say). I'm done with Rolex. I'm tempted to buy a Pre-Owned Patek Aquanaut because I was a moron and didn't buy it when I had the chance 5 years ago, and now it is 41mm and not 39mm which I prefer.
Most Pateks I have seen in private sales or auctions have held their value. I don't know about mine because I have no interest in selling them. I will eventually give them all away, hopefully to my progeny? I've already given away two Rolex watches to relatives...because I want them to be worn and not collect dust in a drawer. And both were standard models and not rare/difficult to obtain models.
As I said, I don't need a car. I like walking and public transportation is excellent in NYC/London. A car in the city gets beaten up. Do you trust the parking attendant in the local garage? A car depreciates by 30% as soon as you drive it off the lot. As much as I want a supercar, why buy one if I can't drive fast? I'm married with children, have 8% body fat and have a head full of hair. I lead a nice uneventful family life and if I dont buy a Kia, I will wear my Savile Row suits, bespoke shoes, Patek watch and drive a mini van. Just being honest.
You really don't know what you are talking about with regards to shoes. Spend money on good shoes and a good mattress. Because if you are not on your back, you are on your feet. And if you want to live a happy life, take care of your back and your feet. I have no problem admitting that my mattress cost more than a couple of my Rolex watches (individually, not combined).