Patek Philippe

sometimes jewellery, sometimes statements of the taste and wealth.

But watches for sure are not investment objects. I have spent totally a seven-digit amount of European currency into watches. Taken any moment in the past or as per today, I would have huge difficulties to get my "investment" back without speaking about some kind of sensible interest. Yes, there are watches which you can sell with small profit and yes, there are watches which hold their value relatively well. But still, the great majority of models of even "hot" brands like Rolex and Patek are worth less than their retail.

Watches give us joy and many of us enjoy wearing their watches. But if you want to invest, buy land, real estate or stock depending on the times. Just now, if you look at US, UK and China, hold your cash and invest later when the asset values have collapsed.

Best, Kari

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