You buy fashion item precisely for what it is - a fashion item. To look good, to have a nice style - to make a better social impression when you go out, to social events, business meetings, etc. This is a reality of life, clothes make a human and watch is pretty much only jewel you can wear as aman that doesn't make you look like a teenager. Obviously depends on where you hang out, how old are you and what are your priorities but this is a reality of life in some places.
Now if I have to choose a watch and I can make a choice between a losing item and likely winning item I'll take the likely wionning one. Perhaps it's like crypto or mutual funds but I'd rather buy crypto than flush money down the toilet.
So no you don't buy a watch for investment, there are better investments. No you don't buy it a fashion item to get time - I already have precise time on my phone. Not into wathches - all good. You don't like to dress nice, perhaps you live in a big city where nobody cares - no problem.
But let's not argue I'm not wise for not buying "precise time" Casio over Rolex because I have 8k on my wrist I paid 4.5k for and I've been wearing beautiful watch for 7 years now :) And yes there are better investments and million better things to buy - I could drive $2k car, I could make best investments and so on and end up like this guy: https://www.reddit.com/r/Frugal/comments/10ec45k/i_think_i_r...
It's all simply a point of view + making the best out of your money. At the end of the day it's just paper.
Now if I have to choose a watch and I can make a choice between a losing item and likely winning item I'll take the likely wionning one. Perhaps it's like crypto or mutual funds but I'd rather buy crypto than flush money down the toilet.
So no you don't buy a watch for investment, there are better investments. No you don't buy it a fashion item to get time - I already have precise time on my phone. Not into wathches - all good. You don't like to dress nice, perhaps you live in a big city where nobody cares - no problem.
But let's not argue I'm not wise for not buying "precise time" Casio over Rolex because I have 8k on my wrist I paid 4.5k for and I've been wearing beautiful watch for 7 years now :) And yes there are better investments and million better things to buy - I could drive $2k car, I could make best investments and so on and end up like this guy: https://www.reddit.com/r/Frugal/comments/10ec45k/i_think_i_r...
It's all simply a point of view + making the best out of your money. At the end of the day it's just paper.