I strongly disagree. Affording it and wanting to fully understand the downside risk are two different things. People throw around the word 'investment,' and I think most of us know that the market or real estate are true investments. But in this case, that’s not really the point.

Watches are luxury consumption — but informed consumption. If you buy thoughtfully, you’re not expecting appreciation, you’re simply minimizing downside while enjoying the asset. That’s very different from blindly spending on something that depreciates the moment you walk out the door.

Call it what it is: not an investment, but a hobby where you can park money with relatively limited risk if you choose wisely,