Although the second hand market for luxury watches has been growing in recent years, prices have dropped significantly in recent months.
This is reflected in a Morgan Stanley report based on data from WatchCharts, which tracks sales in real time.
Here’s the story: Rolex’s most famous models are down 21% from their peak in April. Other luxury brands such as Patek Philippe have fallen as much as 19%,
From Morgan Stanley they claim that “there has been a significant increase in watch inventory on the vintage hand market so far this year as a result of vintage watch dealers and individual watch investors getting rid of their stocks”.
3 properties to invest
This trend may continue, but there are other assets that have not lost value and are worth investing in.
Real estate sector has always been a good investment and will continue to be so. Even more so as a way of protecting money against inflation.
It’s true that raw material and labor prices have made new construction more expensive, so market prices in general have gone up.
Properties with good features can appreciate in value and also allow a steady flow of rental income.
However, it is not necessary to be an owner to start investing in real estate. There are many real estate investment trusts (REITs) that are also a great option.
For centuries the richest people have been those who have dominated agricultural land. And this continues to happen. For example, Bill Gates is the largest private owner of agricultural land in the United States.
Agricultural land has great value and is not exposed to the ups and downs of the market. They are always needed because food has to be produced no matter what.
Between 1992 and 2020, US agricultural land returned an average of 11% per year. Over the same period, the S&P 500 returned only 8% annualized.
Investing in land is a good option, yes, you need to know how to take advantage of it.
How do you study? Alcohol has been consumed for thousands of years. Although wine collectors do it as a hobby, owning fine wine bottles can be a good investment. And that is that they increase their value as time goes by.
Since 2005 alone, Sotheby’s Quality Wine Index has climbed 316%.
But wine requires very specific conditions of controlled temperature and humidity to be stored. Since most people don’t have these, there are new investment platforms like Bill Koch and LeBron James.