BT Money Hacks: Are luxury watches a viable investment? (Ep 165)
Watches are one of the most popular buys for wealthy Singaporeans. If you’ve seen one up close, you can see why they’re such beloved works of art. But can they pull their weight as investments?
BT’s Lee Kim Siang sits down with Nick Lim, director of second-hand dealer Chuan Watch to get to the bottom of this.
Synopsis: Every first, third and fifth Monday of the month, The Business Times breaks down useful financial tips.
Highlights of the conversation:
01:37 Pros and cons of watches as investment
02:58 How to evaluate a watch
05:59 Factors that influence the price of a watch
06:35 The Covid luxury watch boom and bust
Hosted by: Lee Kim Siang (kimsiang@sph.com.sg)
With Nick Lim, director, Chuan Watch
Edited by: Emily Liu & Claressa Monteiro
Produced by: Emily Liu
Engineered by: Joann Chai Pei Chieh
A podcast by BT Podcasts, The Business Times, SPH Media
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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.
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Discover more BT podcast series:
BT Mark To Market Podcast at: bt.sg/btmark2mkt
WealthBT at: bt.sg/btwealthbt
PropertyBT at: bt.sg/btpropertybt
BT Market Focus at: bt.sg/btmktfocus
BT Podcasts at: bt.sg/pcOM
BT Branded Podcasts at: bt.sg/brpod
BT Lens On: bt.sg/btlenson
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