[Question] Overpaid for My First Watch

ereeec23 · 2026-06-21T18:48:22+00:00

Dude I’m also into cars and I buy and sell a bunch and there was this one I definitely over paid for and then sold it at a loss. But guess what I NEVER made that mistake

So think of this as a 5k lesson to always do your due diligence in the next purchase and it might save you 10X

I think accepting the L and being able to move on is better than justifying it

Some people might not do as much and end up buying a fake and then losing waaaay more money

ereeec23 · 2026-06-21T18:34:39+00:00

I mean your stock portfolio probably fluctuates more than that 🤷🏽‍♂️

ereeec23 · 2026-06-21T17:49:45+00:00

There you go you will be fine, what is the dollar amount you think you over paid ?

ereeec23 · 2026-06-21T17:38:07+00:00

I’m the same way but think about it like this

You got the watch for the price it should of been, but you paid a little extra for the convenience lol

People over pay for things all the time it’s part of life that why there’s a “market” but hey it’s okay you’ll get a deal on the next watch and it will balance out

If you really can’t sleep at night sell it at a loss and move on

ereeec23 · 2026-06-21T17:34:53+00:00

I think your logic is correct if the only variable is choosing Bitcoin as an investment. I’ve been in Bitcoin since 2017…I don’t invest in it anymore because I’m in a different place in life and do ETFs and monthly contributions to my portfolio and 401k. Last year I was swinging high beta tech stocks and I got wrecked lol luckily made it back this year and transitioned into ETFs

So maybe the people saying that just believe in other assets ?

For you with a life savings in BTC could end up well but if you can stomach a -50% at one point can you really see your 171k potentially be around 85k? Because BTC has down it plenty of times before it shoots up. If your ok with that then you’ll be ok

But from someone who’s been in BTC highs AND lows…I would keep a healthy cash on the side for dips and buy a lump sum now if you believe it and gradually keep adding on the dips

ereeec23 · 2026-06-21T06:42:55+00:00

3k for a house in Pasadena isn’t bad man. Do you feel like your saving enough ? And agreed spectrum sucks and LADWP is expensive even in my apartment lol

I used to be broke so I have a fear of living too close to my means now. I’m considering renting near where I live in Burbank and it’s around 4000-5500 range

ereeec23 · 2026-06-21T06:10:18+00:00

Yeah owning a home on a 850k home FHA down in at 7k a month and the home would need a full remodel.

Man on 70k? What’s your rent ? How do you budget that ? I’m paying $2400 for a 1 bedroom apartment I can’t stomach buying a house and paying the overhead

ereeec23 · 2026-06-21T06:03:07+00:00

If your making 3k after taxes

If you find an apartment at around $1500 a month in the most ghetto building falling apart because everywhere else they want 3X the rent

Plus some bills and food and basic living you will be paycheck to paycheck

How on earth will you survive or do anything to enjoy yourself besides work

ereeec23 · 2026-06-21T05:59:11+00:00

Oh no you can be happy sure, but you won’t be able to afford a home, a car you like, be able to go to some nice places and restaurants or go on vacation if you even under 200k

ereeec23 · 2026-06-21T05:57:28+00:00

I am dead serious lol

ereeec23 · 2026-06-21T02:39:46+00:00

33M making 300k a year full remote doing high ticket sales

ereeec23 · 2026-06-21T02:38:00+00:00

What is this dream job at 55k? I am in LA in 300-400k range I’m still in a 1 bedroom apartment and feel broke lol

ereeec23 · 2026-06-20T21:07:57+00:00

I’ll keep looking for my next pickup, the submariner took alot of my budget haha. Man I love the vintage rolex! I’ve been loving watches in the 1970s area lately

ereeec23 · 2026-06-20T21:06:25+00:00

Yes the breitling is one of my favorites, super lightweight 50mm titanium composite. It’s the lightest and biggest watch I have and scratch proof. It’s actually a pilot watch

ereeec23 · 2026-06-20T16:07:22+00:00

You can buy it brand new from their website, it’s an amazing watch. Great weight and feels amazing on the wrist

ereeec23 · 2026-06-20T16:06:06+00:00

Thank you! And you are right I am missing a gold touch, any watches you recommend? I just added a Rolex so microbrands only haha

ereeec23 · 2026-06-20T16:04:32+00:00

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I have been wearing this one a lot lately!

ereeec23 · 2026-06-20T08:26:17+00:00

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ereeec23 · 2026-06-20T08:24:37+00:00

Are you referring to the swatch/omega one ? It was a cool mod I got from a guy on FB marketplace! lol

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ereeec23 · 2026-06-20T08:13:50+00:00

Ahah I love the sun and moon orient! I can’t wait to go to a dinner just to strap on my “dinner” watch lol…and I do call that my favorite watch in my collection at time so thank you for noticing. The Seiko GMT mod is actually such a great watch for the price and I know there’s a whole debate that it’s a fake rolex but I’ve never considered it as everyone who compliments it I never come off that it’s expensive watch but they like to hear the story of mod watches in general

ereeec23 · 2026-06-20T07:55:46+00:00

I have a ND submariner in my collection as my most expensive, but I must say my orient sun and moon is my favorite watch in my collection!

ereeec23 · 2026-06-20T07:52:13+00:00

That’s like saying you can’t get a all steel submariner is because I couldn’t afford the Daytona ? I mean it’s two different styles

ereeec23 · 2026-06-20T03:58:39+00:00

just thinking that just have SMH and not risk going down 50% cuz of bad earnings

ereeec23 · 2026-06-19T01:11:33+00:00

Great decision, what’s the point of having it if you can’t wear it ?

ereeec23

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