Why $500 you may ask? Times are tough for many people and although a lot of money to many people I think its good amount to buy a decent timepiece. Especially if you’re looking to buy on budget, your first investment or something for yourself or a loved one.
Do not, do not, do not think of watches as “investments.” Watch depreciation patterns are remarkably similar to that of cars.
I repeat: watches are a terrible investment, and “watches as an investment or business” is a foolish idea.