I think it is correct on all the 2 pts. Never an investment, never dictated by others. I tend to think well established brands do have better resale value and can easily be traded. Except for afew, I do feel that Rolex is quite robust and easier to maintain.
Equally correct is different watch for different occasion. I keep a casio for my gym n jogging though I have some that cost many times over. I have taken my casio on my adventures and outing. Then I keep a tag carrera for daily used, mostly when I am out late, no issue of robbery. Come to think of it, my prized watches are mothball most of the time. I still try to wear it once a week on rotation. There's the irony; something well made and built but seldom used.