Quote Originally Posted by Posh View Post

If you do not have financial assets, not including your primary residence, exceeding seven figures, you do not need to be buying any luxury goods.

Bob, I like your moxie. LOL
:-D. Completely agree with this. Complete waste of capital. Until its a fraction of a percent of total net worth it doesn't make sense. The only reason we buy luxury goods is because we like them. We like how it makes us feel. There is no logic. I know executives that walk into meetings where hundreds of millions of dollars of business takes place wearing a seiko quartz. A very successful attending I knew while I was training drove a Subaru impreza. The great thing about this hobby is that you can get the pleasure of the goods without the tie up of significant capital.