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45bur

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.
 

smittycl

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.
I bought my Submariner at age 30 as I was making Major in the Army and had met many career challenges. Got a JLC dress watch just this year as I wanted a serious dress watch as my second career progresses.

There is no right answer but if it feels right... Also, I'd never buy a watch for investment. Just love.
 

Scuppers

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.
I find 100K is the stop and think threshold. Watches are an unjustifiable purchase, much as jewellery is or a Bentley (or GT3 in candy Blue). And never an investment.
 

mak1277

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.

I never did/could. There are a lot of watches that I really like and think are incredibly beautiful, but I could never make it over that hurdle. It just never seemed worth it for me.

along the same lines, I can’t/won’t spend $50k on a vehicle. Just not worth it to me.

The only thing I would ever buy as an investment is index funds.
 

Neville Southall

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.
Some of us are poor and enjoy Richemont Trash, so we don’t have this justification problem. You should join our club.
 

Newcomer

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.

As long as I am paying my bills, saving for retirement, ensuring my kids are taken care of, wife is happy, have a nest egg, etc., I have no mental barrier. I see no difference between 3 Rolex watches and 1 Patek. I buy used cars and drive them for 10 years, I do a lot of cooking, etc. - we all have our vices, and I just don’t think about it. I don’t feel the need to diversify my luxury purchases.

Very nice. Is the strap a grayish blue?

Yes! I think it is called something like that (missed an opportunity for “blue steel”).
 

am55

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Philosophical question: How does everyone justify large purchases? I'm talking beyond the $5-15k most people are ultimately comfortable spending on a luxury watch. I think that regardless of income, anything above this threshold is a mental barrier. Obviously loving the piece is a prerequisite. I guess i'm wondering how many of us are buying with investment/value retention in mind, vs. burning money on an item we are in love with.
 

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