nwk00
585
You only live once.
May 28, 2019,00:16 AM
Dealing with death and cleaning up after them made me realize you come empty handed and will leave the same way. Just save and spend responsibly. It's not necessary to leave every cent behind.
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money and watches... random reflection on the hobby
By: remarque : May 18th, 2019-12:53
Nice watches are luxuries, and are not inexpensive. Given that I enjoy watches as a hobby, and my watches are not/will never be investments nor "investment grade" (!), is there such a thing as "responsible" participation in this hobby? Consider this: Rand...
I must agree.
By: dr.kol : May 18th, 2019-13:00
And I know that rare and wanted watches are also very bad investments. We are victims of very clever marketing. I got a real wake-up-call when Patek decided to increase the prices of two Nautilus model suddenly with 20%. Reason was that they are so "wante...
I'm with you.
By: Horo_Traveler : May 24th, 2019-11:07
The behaviors of the industry have sucked the fun out of collecting. Too much bland regurgitated nonsense and too much speculation that the brands have either encouraged or not managed properly. More fun to have great times with the family. I'm starting t...
I agree with you, my friend!
By: NickO : May 18th, 2019-18:46
I would argue that not living life to the fullest is a more irresponsible decision than anything you could do financially. After all, you can’t take it with you and no one ever wrote on their grave stone “Gee, I wish I’d worked harder!”. So here’s to pass...
+1. [nt]
By: amanico : May 18th, 2019-13:58
+1 [nt]
By: ZSHSZ : May 19th, 2019-05:29
Well
By: Speedie74 aka Mr. Torquise : May 18th, 2019-20:48
I will have no money at all if I ever go to retirement, only WATCHES, WATCHES and finally WATCHES. Am I irresponsible??? Cheers, Adam
counter-calculation
By: donizetti : May 19th, 2019-02:30
My situation is somewhat different from yours. Let me explain. My only income consists of about $300,000 I receive each month (tax-free - PM me if you are interested) as donations from the members of the religious community I founded. I use this money exc...
LOL [nt]
By: nwk00 : May 28th, 2019-00:13
My brother in law was extremely frugal.....
By: Blansky : May 19th, 2019-09:55
rarely took much of a vacation, didn't splurge on anything for him or my sister and everything was going for their retirement. He died of stomach cancer at age 48.
My grandfather was the same way
By: NickO : May 19th, 2019-12:35
Very frugal, very disciplined, very honorable man. Lived to 98 and left millions in the bank - but you’d never know it, he chose to live out his golden years in a trailer in Florida. If I could have known one person better in my life, it would have been h...
This thread is so long I need another drink to get through it!
By: cazalea : May 24th, 2019-19:32
If I have $250k in watches and my desired watch/wealth ratio is 5%, how much of a car collection can I have on $300,000 a month? And can I afford to continue drinking French bubbly? I’m already thirsty again. Cazalea ...
All well and good this saving and spending..
By: Echi : May 24th, 2019-22:42
But there's something unquantifiable about the whole experience that I took into consideration with regard watch spending.. and that is you have to get it at that time in your life when you can most enjoy it.. and it is usually now. What's the use of a ni...
You only live once.
By: nwk00 : May 28th, 2019-00:16
Dealing with death and cleaning up after them made me realize you come empty handed and will leave the same way. Just save and spend responsibly. It's not necessary to leave every cent behind.