At what point do we apply the rule for how many bikes we should own to how many watches we should own?
If the number of bikes one should own = N + 1 (with N = to the current amount of bikes owned), what is the correct amount or formula for watches?
I have heard, read, and shared this advice with others even though I have never really followed it myself:
The correct amount of watches to own is 3: 1 nice dress watch, 1 nice sports watch, 1 beater watch
Does anyone follow this advice?
If you had a lifetime budget of about $6000 to spend on watches would you:
Scenario 1
- Purchase a
Rolex Oyster Perpetual in steel which can be a dress and sports watch $5700
- Purchase a Casio digital (or anything less than $75) as a beater watch
Scenario 2
- Purchase a
Tudor Black Bay as your sports watch $3725
- Purchase a
Tudor Style as your dress watch $2575
- Purchase a Casio digital (or anything less than $75) as a beater watch
Scenario 3
- Purchase a Casio digital (or anything less than $75) as my only watch and spend the rest on bikes
The watches listed are only examples but that Rolex OP would work really well if someone wanted only 1 really nice watch that would work for many occasions. Another option is the
Rolex DateJust which costs more but includes a date function. I thought about the
Rolex Explorer as a 1 watch but there is a several month long waiting list even if you can get one so that would not really work.
So, would you go for 1 really nice watch, a variety of watches (even more than 3), or just 1 crappy watch and blow the rest on bikes (and it is not an either/or because you probably already have a few nice bikes)?
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