Quote:
Originally Posted by mookie45
This year has been very interesting for Swiss watches. Tony20009 is correct.
The highly volatile CHF and EURO at the beginning of the year triggered retail price cuts for several high end watch brands. Their goal was to increase sales volume but it does leave the consumer with uncertainty, especially if they have an investment mindset for their timepiece.
|
Frankly, if that's what they've got, and that mindset includes near term appreciation, they are deluding themselves. The watches one should buy, if economic investment goals are what one seeks, specific watches that have a track record of appreciating. The watches that have such a history are not new watches sitting in the display case at one's local watch retailer.
All the best.