With an economy hungry for new things to invest in, people have started to once again look at luxury items as a means of hedging against loss or potentially profiting. Art has probably been the most successful area where skilled collectors can invest in artwork and possibly earn a handsome return on their purchases years or even months after their investment. Second to art (and possibly automobiles) are timepieces. I've specifically mentioned in the past that investing in timepieces is typically not the best investment for investors strictly looking to profit and realize value appreciation. Having said that, for people already interested in timepieces, there are smart as well as poor purchase decisions that you can make.
Reported by Forbes.com 4 days ago.
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