With summer officially over, and the holidays approaching faster than we might want to believe, now is a great time to peruse this excellent article from Bob’s Watches Blog on investing in 2021 Rolex watches.
If you have any interest in fine watches, Bob’s Watches is an excellent resource. Whether you want to purchase a quality used Rolex or are looking for information, Bob’s is one of the finest resources available. Their approach to purchasing a watch aligns perfectly with ideas we’ve discussed here in regards to investing in other alternative assets like classic cars, oriental rugs and spirits. From the article:
We always recommend that people should buy what they love and that personal preference should be the number one determining factor when choosing a watch. However, the fact remains that watches can often serve as investments, and the potential future value of a watch is something to consider while you make your decision.
We absolutely agree. When personal taste and preference are combined with value, whether current or future, there is an investment sweet spot achieved. This sweet spot brings an abundance that is unparalleled.
Continuing from the article:
Before we get started, it is important to clarify what we mean by an “investment watch” and let you know that there is no “get rich quick” scheme to be found here. Instead, this guide is meant to highlight some currently undervalued Rolex watches, references that have recently become discontinued, and models that will likely be more expensive to acquire should you delay your purchase by another year.
This approach is really the heart of investing. Looking for any kind of asset to collect that is undervalued, and will likely increase in value in the future.
Even if you’re not a hug Rolex fan, this article has a lot to offer and is a highly recommended read.