GT.Effect

GT Effect
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commented on a post ·

People generally follow the herd, and even though watch nerds will say they don't, but they are. Similarly people buy Apple products whereas there are significantly better ones out there.

Some brands are great value for money, others not so much. Some lose value when you leave the AD and only a few don't.

At the end of the day, none of this matters if you like a particular piece from a particular brand - the beauty is in the eye of the beholder.

For instance, against all odds I have been trying to fight a craving for a Breitling Aerospace Evo but I think I'm going to lose this battle this year I don't know why I fell in love with the watch

commented on Beat the Rolex Wait List: Don't be a Sucker, do this instead! ·

Just stop buying Rolex watches they aren't even worth it!

commented on I think I'm covered , but the BB58 may possibly go. I welcome all opinions. ·

@atxzizou question of your Evo. That black dial, does it look more gray in real life or proper back? I was at an AD and he kept telling me that the gray dial is the Black but it looks nothing like in the pictures!

Aside from that, what are your thoughts of the watch? I find it amazing for a daily wear but would be good to hear your thoughts of it.

Apparently there might be a new version released this year as well.

commented on Could you ever turn into a 3 watch collector. ·

Navitimer in 3 different colors 🙂

commented on Favourite Mid Luxury Watch Brand ·

Great idea! Though the range seems quite wide, not sure you can fairly compete Sinn, Mido, Oris, nomos and some other ones vs horological giants as these are not really mid range rather upper entry level and should be in their own category? Otherwise you could throw in Ball into the mix

commented on a post ·

I prefer boxing and Canelo is certainly making a name of himself though the UFC fight is probably more "important" given the credentials of both fighters.

commented on Cartier Santos: The lies to yourself ·

Value retention is based on hype, perceived scarcity and demand. These things will change over time. It's just something we keep telling ourselves to justify a purchase. There are no guarantees.

People don't understand, watches have depreciation, it's not a commodity like gold that has tons of uses and is finite (by the way, price of gold also tanks), nor it's a unique item like a rare piece of art or a faberge egg. There is no basis to claim a piece of steel with some applied indices is similar at the end of the day.

If you can't take a risk that the price of a watch will decrease and it will be worthless in a few years you shouldn't buy it.

Also, if a purchase is a meaningful part of your savings you shouldn't buy it either. Just be real with yourself with what you can afford or willing to gamble away.

My advice as a financier, take the money and if its disposable within reason, invest it into low return financial instruments as interest rates have hiked. If you want to gamble it away, a poker table would be my preferred route.

Best of luck with your decision!