If you have some money saved and are thinking of investing it, one option is high-end watches. Investing in watches is becoming more and more common; In this post we tell you why.
Watches are used for more than just telling the time; They are a symbol of elegance, status and art. Many watches have become genuine collector's items and fetch impressive figures on the auction market. For example, a 1942 Patek Philippe wristwatch fetched $2.77 million at auction in 2009. High-end watches offer great returns. The investment fund Precious Time calculated that investment in watches reaches returns ranging from 11 to 20% per year. That means that a watch worth 1,000 euros could now be worth 1,110 to 1,200 euros. In the long term, the profitability is much higher than that offered by any checking account. Of course, investing in watches is much cheaper than investing in the housing market, for example. In addition, as we have seen, the profitability can be the same.
You don't have to look far to sell a watch. If you put in Google “I buy watches” you will have more than 900,000 search results, which shows the great market that exists for this type of object. It is true that in the Stock Market you can win a lot of money, but you can also lose everything. The stock market is subject to significant fluctuations. On the other hand, investment in watches is more stable. The normal thing is that a watch goes up in value as the years go by.
Buying gold bars is fine, but they will be stored in a safe for years. Instead, you will be able to wear a high-end watch and enjoy it until you decide to sell it. And as long as you take good care of it, its value will not diminish. That is why we recommend you Custom Luxury Watches that is not only going to appreciate in value in the future, but also that you really like.
Montres8.com supplies Custom Mens Watches and Custom Womens Watches. We offer OEM ODM services. At Montres8 we have all kind of watches for wholesale, welcome to visit.