A little bit of both. I think that my Panerai vocalizations were a couple years ago? Not sure exactly!
To be honest, so far I have stuck to what I would call "smart" purchases. The Speedmaster, MUT Moon--neither are the "sexiest" or the most "fun" watches out there, but both are pretty darn timeless. The 5711 and 15202 as well.
Part of me really wants a fun watch. Something I may very well sell down the road, but something that I can knock around at the bars, and just have fun with. A purely emotional purchase.
Pick up the odd Baume et Mercier, Tag, Panerai, whatever.
For example, I have my share of EGs, Vass, etc., but another part of me gets even more enjoyment out of some of the crazy Alden make-ups I have. Do I prefer my nicer shoes? Of course. But sometimes it is fun to rock some navy suede unlined Aldens