12 Tips And Tricks On How To Buy An Investment Watch
If time is money, there’s nothing better to invest in than a luxury watch. Here’s what to look for.
Being interested, passionate, or even liking the brand is fundamental when it comes to doing research on what watch to invest in. Warren Buffet defines investing as “the process of laying out money now to receive money in the future”. Here are the essentials to note before you drop some serious money on a timepiece.
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Mechanical watches are highly valued for their distinct and in-house movements. Although this may lead to a mark-up, you’ll find it’s worth your investment.
Make sure you know how to take care of your new purchase. Regularly servicing the watch is essential to keep it in pristine condition, while restoration is also a costly possibility.
The Watch Fund is a privately held investment fund that, as of 2015, has S$29 million dollars worth of assets under managements with 60 investors in the fund. Investors have a guaranteed net annualised return of 10 per cent, or a variable return of 20 to 30 per cent. But there is a minimum investment of S$250,000 and there rules about the watches you invest in.
Be willing to wait it out or even accept that it won’t sell. You should enjoy buying a luxury watch and wearing it, with the understanding that getting a return on your investment is not guaranteed.