Hello everyone! I am a college student and I have been in love with watches for about 2 years now and have greatly expanded my knowledge and taste on watches. I was thinking about the next watch purpose just like all us watch addicts 😂 and was curious on what your rule about buying a new watch is? I am thinking of the GMT Master II but it’s $11,000 retail so I obviously should save up more than that. What are your thoughts and watch buying rule that you have set for yourself?
You’re not going to like mine. I don’t save for watches. If I can’t afford it incidentally, then I can’t afford it yet. That money needs to be able to disappear without affecting me. I don’t want to be freaking out about resale values or not wearing the watch due to fear of theft. Any saving I might do for a watch begs the question of why that money isn’t in a retirement account or something else, given how unnecessary a watch is. As a result I get about a $1000 watch a year, and next year when I get a better job might get a Tudor or Omega. I won’t be buying a nicer Rolex until I make A LOT more money, and that might not actually ever happen.
At your age and likely finances I’d be a little more conservative for awhile. You’d be surprised how happy you can be with Mido or Christopher Ward if you’re not in it for the name. And if you’re in it for the Rolex name, well, you might be making different decisions from me anyway.