The Ins and Outs of Flipping High-End Timepieces
A Low-Risk, Minimal-Effort Strategy I Used to Make Over £5k Extra Last Year
A few weeks ago I wrote an article on how luxury watches can make for sound investments. This week I am going to look at this topic from another angle.
Rather than considering watches as a long-term investment, what if we looked at how we can flip them for profit instead? After my first article on watches last month, I had several conversations with readers about which watches I liked, and which I have invested in or flipped in the past.
Flipping watches doesn’t really count as ‘investing’, as there is work involved. However, it’s a universal truth that people are always intrigued by the notion of making a quick buck, so here’s a guide on how to do just that, from someone that has done it before.
Here’s how I have made over £5000 extra last year, with minimal effort and risk, from occasionally flipping watches.