Quote:
Originally Posted by greeneyedguy
My rule of thumb is I never spend more than what I have made in one week on a watch. It pushes me to innovate and strategize. So far I'm at 5k for a watch. I bought my lady the blue faced oyster perpetual and me the tag autavia. 5 k each. How to fund a more expensive piece, multiple income streams!
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I have a rule similar in that I follow the 1/100 or 1/1000 rule, which means I don’t spend anything more than 1/100 of the money I have in the bank but if I want anything between 1/1000 to 1/100, I can. Of course it doesn’t mean I do because a 10k or 50k rolex costs way more than 10k or 50k because if I invest the same money I can make way more. I’m just “cheap” like that. :)
I have kids wife and multiple mortgages but I work hard.