Say “investment” and what comes to mind are securities such as stocks, bonds, commodities and funds. But apart from these popular and well-known instruments, there are also other, non-traditional assets that can be traded and held as investments. Termed “alternative investments”, these range from jewellery, antiques and fine art to farmland and recently, cryptocurrency and other assets. However, one of the most enduring types of alternative investments is luxury watches, led by the likes of Rolex, Patek Philipppe, IWC and more. Here’s a guide to luxury watches as alternative investments, the pros and cons to watch out for, and how you can get started.
The whole point of investing is to turn a profit — i.e., ending up with more money than when you...