New Watch sugestions...
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Generally, yes. Most importantly they will last forever. My father has an Omega Seamaster that is about 40 years old now (it was a gift).
They are really 'investments', but you gotta appreciate them or you might as well get a Swatch. They're jewelry and a fashion statement/status symbol. Just like buying a Porsche or Ferrari, you don't need it, but damn nice to have!
Two things to keep in mind - you'll notice that there will be identical looking watches, but huge differences in pricing.
Automatic - the classic gravity driven movement/power, more expensive
Quartz - the battery powered version, much cheaper
As an FYI, you can get super deals on ebay, just be careful to do your due diligence (call the people, make sure serial numbers are intact and legit, etc.). I've bought 3 watches from ebay (2 Bertolucci's and Tag). Probably saved about $3-4k by doing that.
Brand new, in the boxes, papers, etc.You can find anything on there, from the less expensive companies (like Tag and Omega) to the outrageous ones like IWC, Vacheron Constantin, etc.