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?
My rule is 1% of gross income per year can be allocated to a watch purchase (can take several years for larger purchases) or being able to purchase it twice without affecting your financial situation. I’m 30 and at $150k base salary my most expensive piece is a $1000 vintage omega. That said, I’m aiming to get a speedy pro and with my income trajectory think i will be able to drop the $4k for a used one sometime in the next year or two.