What's your price comfort limit - not a budget limit
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  1. #1
    Member MarkingTime's Avatar
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    What's your price comfort limit - not a budget limit

    Was thinking, I'm fortunate enough to be in a position where I can afford a large portion of the watches in the market. But, that doesn't mean I'm comfortable buying them. Why do I feel more at ease buying a $500.00 watch when buying a $2000.00 one would have the same impact on my budget - none.

    Is it because watches are generally a poor investment financial wise? Is it maybe having a variety of good-enough watches is better than having a smaller amount of expensive ones?

    Although I have watches ranging in price from low to high-end, I don't spend any time in the high-end section of WUS.

    Our family grew up pretty poor and frugality was part of our lifestyle. I learned that SPAM could be served in about a thousand different ways. Yet, I do appreciate the finer things in life. I'll spend $200.00 on a custom iPad case yet I drive a cheap Ford. I can't figure myself out lol.

  2. #2
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    Re: What's your price comfort limit - not a budget limit

    You might find some interesting answers on a similarly related thread I did a month or so ago :)
    What's your limit ?
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    Member hayday's Avatar
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    Re: What's your price comfort limit - not a budget limit

    My limit is a basic formula: $= (a-b) / (c-d) * x
    a= what I'm willing to spend at the time
    b= what other significant expenses I just made or will soon make
    c= what the watch costs
    d= what I think the watch should cost
    x= what the wife will let me get away with spending
    -unless otherwise specified, x=0

    Joking aside, it's just simple economics: what am I willing to give up in order to get what I want.

    -hayday
    watchma, Mike.45, Nokie and 5 others like this.

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  5. #4
    Member Spotty1125's Avatar
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    Re: What's your price comfort limit - not a budget limit

    Maybe because you can spend the other $1500 on some other watch(es)...

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    Member dspaulson's Avatar
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    Re: What's your price comfort limit - not a budget limit

    Because I still have a mortgage and my retirement account is not what it could be, I try to keep my total hobby budget below 8-10k a year. Much of that goes towards cycling gear, so my comfort level has alot to do with trade-offs. If I really want a new 3k watch, it means I'm likely not getting new carbon wheels....that kind of thing. That said, I was just given the go ahead from the wife to spend up to 7-8k on a new watch, and I instead opted to order a Speedmaster Pro and "save" the remaining budget for future use, probably on another watch....so that might say something about my comfort level as well.
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    Member MarkingTime's Avatar
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    Re: What's your price comfort limit - not a budget limit

    For me, this thread is a about a psychological limit. I just can't bring myself to be at ease spending what for my parents was an entire annual salary. I don't even think twice when the amount is around $1000.00 or so. And with what I spend annually, I could easily have saved and bought a Rolex GMT Master II.
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    Member movet22's Avatar
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    Re: What's your price comfort limit - not a budget limit

    What's my limit? Interesting question. I try to make only one large (1k usd+) watch purchase in a given year. With that in mind, my limit is usually what I want, if I can get it for what I feel is good value. All under 10k usd. I'm not ready to break the 5 digit threshold yet as my mortgage is still young. This is all assuming I can fit my target within my means.

    I mentioned in a recent thread how only 2 years ago 600 usd for a watch gave me major heart burn. Funny how times change and how quickly that wind blows.

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    Member Nokie's Avatar
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    Re: What's your price comfort limit - not a budget limit

    My limit is a basic formula: $= (a-b) / (c-d) * x
    a= what I'm willing to spend at the time
    b= what other significant expenses I just made or will soon make
    c= what the watch costs
    d= what I think the watch should cost
    x= what the wife will let me get away with spending
    -unless otherwise specified, x=0
    Most excellent!
    "Either he's dead or my watch has stopped"
    Groucho Marx

    "The only reason for time is so that everything does not happen at once..."
    Albert Einstein

  10. #9
    Member little big feather's Avatar
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    Re: What's your price comfort limit - not a budget limit

    It's all in your head...Not to say that's a bad thing....I will spend $5K on a watch and $300.+ on a pair of shoes but buy Wrangler
    or Route 66 (K-Mart) jeans and squeeze every drop out of a toothpaste tube. It's just the way we are....IMHO we are all crazy.
    P.S.
    But most of you are allot crazier than me.....
    Last edited by little big feather; October 20th, 2013 at 03:57.
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  11. #10
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    Re: What's your price comfort limit - not a budget limit

    Psychologically, my perceived comfort limit is tied to disposable income so as the latter rises so too does the former . . . .
    A.Lange & Sohne *anOrdain * Audemars Piguet * Blancpain * Cartier * Dornblueth & Sohne * Invicta * Jaeger-LeCoultre * Méraud * Rolex * Revolution Watch Company * Tiffany & Company * Tudor

    "the deeper the roots, the higher the reach" - author unknown

    Yesterday I was clever, so I wanted to change the world. Today I am wise, so I am changing myself. - Rumi

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