A good watch is one piece of jewelry that can never go out of style. It gives an instant boost to one’s image as soon as the person puts it on their wrist. It doesn’t feel like you are overdoing it or even trying too hard for that matter, but it surely adds chic to even the dullest attire.
Almost everyone wears watches today, although it was once a luxury piece reserved for the rich only.
As the world moved forward, many things became accessible to everyone. For example, cars were also once only owned by the elite class.
However, watches still have a class of their own. While anyone can afford a cheap watch, there are watches so expensive that they are treated as an investment.
People now buy watches the same way they used to buy gold. They buy it, store it, and sell when the prices go up. Recently, Bitcoin became the first choice for investment all around the globe. After all, its price went up so fast that many became millionaires overnight.
Nonetheless, even that craze blew over considering how big of a gamble it turned out to be in the end.
Luxury watches are now becoming a popular choice for investment. Every seasoned investor already understands how their value only increases over time. No one asks if the watch of a luxury brand is second hand. As a matter of fact, the older the vintage watch, the better rate you can get for it. Their prices are going up faster than ever before.
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For example, a Rolex Submariner would cost $5700 in 2014, it was sold for $6,800 in 2016, and it’s worth $8,550 in 2020. That’s a profit of over $2,800 in six years. And Rolex is not even in the list of top luxury watch brands.
They are a stylish thing to invest in. Unlike many other investments, expensive brand watches are:
- low risk
- don’t require maintenance
- don’t depreciate
- can be used on a daily basis
You don’t have to put your investment in a bank or a safe. You can wear it on your wrist and show it to the world like it’s meant to be. It shows that an owner is a person of means. While the world might be seeing a guy or girl wearing a piece of jewelry worth thousands of dollars as a fashion statement, you would know it’s just a smart investment.
Anything you own that doesn’t bring capital or hold value is a liability. You can turn a liability into an asset by investing into the right things. You can see Patek Philippe Nautilus for sale to build your own portable assets with this most luxurious watch brand.
Besides, luxury watches don’t just keep time, they are a part of history. They are passed from generation to generation like a legacy. This is, without a doubt, the best investment one can make. It enhances your look when you wear it and yields profit when you sell it. Sounds perfect!
