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[Collectors] Rule of Thumb (alien.top)

submitted 10 months ago by FreeMadoff@alien.top to c/watches@style.land

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Obviously we all have our own circumstances, so I’m generally wondering: there is a difference between the watches we dream of and the watches we wear.

When I wear mine, I need to be not too flashy for clients while keeping it professional. I earn $105k as a middle manager in wealth management (MCOL), and the nicest watch I own is an Omega Seamaster ($5.9k).

Affordability aside, I’m weighing how much “nicer” of a watch can I get without “out-wearing my wage”.

I’d love to hear how others have approached this intangible; I can make my own decisions just looking for anecdotes.

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[–] hoeych@alien.top 1 points 10 months ago (2 children)

My rule of thumb is max 10% of my savings and not my wages to spend on a watch. Patek is still not even in the neighborhood of the Milky Way to be added to my collection.

[–] FreeMadoff@alien.top 1 points 10 months ago (1 children)

You’re the first person to give a rule of thumb 😂 even though our circumstances are different i appreciate hearing your approach!

[–] hoeych@alien.top 1 points 10 months ago

I have a colleague that wears a gold Rolex listprice eur 24.000 and he is just a sales assistant. Talk about out-wearing his wage.