Hello everyone, reaching out to the community for advice.
I have an opportunity to purchase the Yacht Master 42 in white gold Oysterflex. This would be my first purchase with Rolex. I have always had a preference for Cartier or Breitling, however this was recommended and wow, it’s beautiful!
However my budget is £15k, so this would put me back financially being just over £25k, it would also delay some other projects for 4 to 6 months. With that being said, it’s nothing I can’t work out, just eat beans and toast for a while haha.
I’m not even sure about insurance on this.
I would like to know what you guys think of this watch, is it a good find, a good investment etc. Would you take this opportunity and purchase?
Any advice or opinions are greatly appreciated.
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Watches are not investments
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Never go into debt for a watch
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Absolutely do not buy a watch over your budget. At £15k, you can get that watch 2nd hand amongst many others
A mind set of eating beans for a few months in return for a more expensive watch than you can afford, is the mind of a true watch fan
buy buy buy!
Lmao if you have to alter your diet to buy a ridiculous watch then maybe you shouldn’t do it. I’m not buying a watch if it’s costing me more than 10% of my cash reserves.
If the beans and toast wasn’t a highly exaggerated joke, you need a reality check. It’s a watch dude. Be responsible.
A watch is a “want”, not a “need”, so I would never advise buying a watch you can’t easily afford. Save up since there will always be another watch.
That’s how my dad taught me also, as long as it is easily affordable I should consider it.