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Why Buying an Expensive Watch is a Wise Investment

Wednesday, December 4, 2019 - Article by: mrhamza - morse - Message

Traditional investments, one would consider putting his/her money on a bank, which is minimal risk and secure, but with a meager annual yield. High-risk investment options like foreign currency trading, Initial Public Offerings (IPO), or Capital Ventures can provide promising returns in a short period but requires someone with a good understanding of risk.

Investment can be through acquisition of valuable pieces of jewelry or precious metals such as gold, through auctions, new additions during sale seasons, or purchase from pawnshops. Not only do women like to buy or invest in jewelry and gold, but men also spend a lot of money, like buying the most expensive diamond ring to show their love for women.

There are types of investment planned as a form of inheritance to friends, family, and loved ones. A person may invest in a high-quality watch that lasts for decades and can be passed along for generations. Such type of investment will surely gain high value in the future, especially when the watch is well maintained and taken care of.

Well Known Brands

Well-known brands of watches' prime origin are mainly from Switzerland. Notable even to regular people are brands like Omega, Rolex, Cartier, Longines, Tissot, and TAG Heuer. Such brands have models that can cost from a couple hundred to millions of US dollars. Rare watches, especially when worn by famous personalities, grow in high value.

Swiss-made watches are a great bet to choose when investing in watches due to their quality and durability. Swiss watches are known to use the finest quality materials, such as the use of 316L surgical steel, which is highly corrosion-resistant. The Swiss-made watch is well known for the hand-craftsmanship and the use of metal gears for precision.

Prime Used Watches

People buy and sell watches as a prime investment and business. One good source of BestBuy for top quality brands is purchasing prime used watches. This can be made through online auctions, a visit to a trusted person that is into this trade or stopping over on a well-known auction shop that rich and famous people sell their watches when they upgrade.

Alternatively, some people obtain expensive watches from gifts or inheritance that they don't want to keep so that they will sell it at a reasonable bargain price. Others would be due to financial needs that they need quick cash and will be willing to sell or loan their expensive watches.

Modern Innovation

Today, almost everyone has a smart device that has the basic functionality of a watch to provide time. With digital innovation, intelligent devices offer more features such as health/exercise activity monitoring, calendar, alarms, connectivity to social media and internet, and much more. But this does not trouble the traditional watchmakers.

Hamilton is one of the Swiss brands that prides itself on innovation with its first electric watch made during 1957. Although founded in Pennsylvania, USA, it has adopted the Swiss precision when it moves headquarters in Switzerland. Today, this is one of the Swiss brands of elegant and quality watches that one can buy below USD1000.

One example is the Hamilton Khaki King model, which brings the elegance and precision of Swiss-made watch with its silver/black combination and leather strap. A perfect investment to add up to someone's collections. The watch is built with durability with 50m water resistance and maintains the luxurious looks with the crystal sapphire.

Takeaway

Investing for profit and personal collections are two separate things. There are a wide variety of choices from top brands from Swiss, Japan, America, Germany, Great Britain, and France that anyone can choose as to the purpose of the investment.

Although, everyone must have a careful eye about imitations or replicas. The prices will quickly tell you if it is an authentic product or not. Cheap branded watches usually are fake, and this can easily be seen online or on display on street vendors. If in doubt, consulting an expert is a great step to secure the investment.

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