Torgon – Alpine Winter Sports

23/02/201818/12/2023

Beginner’s Guide – The Best Watches To Invest In

Luxury watch collectors often refer to the watches they buy as an investment. But how much of an investment can luxury watches be?

Thankfully, Global Boutique can help. This article will explore the benefits of buying an investment watch and the best watch brands to look for.

Keep reading to learn how to start investing in luxury watches and discover our top 5 watches to get you started.-

Why Invest In Luxury Watches

Choosing how to invest money can be challenging. Investing in property or the stock market can yield impressive results, but there is a significant risk factor.

An investment in a luxury watch is much less risky. It is closer to an investment in raw materials like gold or other precious metals. Not only is the watch typically made from these precious materials, but it often holds its value. This can rise at a higher rate than the raw materials themselves. Read from about the most popular replica rolex.

Like investing in whisky, watch investments give the owner a tangible asset. The value of this can increase over time due to rarity or reputation.

The price development of an investment watch will be dependent on the condition of the watch and how many were made.

Watches (in the UK) are also exempt from the capital gains tax. The tax-free aspect of luxury watch investments is particularly appealing.

Audemars Piguet Royal Oak stainless steel with a diamond bezel

Watches can be a great way to diversify an investment portfolio. You won’t have all your eggs in one basket and the saleability of some luxury watch brands makes this a more liquid asset.

Finally, a tangible asset like a luxury watch is akin to investing in fine art. You will appreciate the craftsmanship that has gone into creating them and they won’t deteriorate when properly looked after. A watch that has matured with age can be a fine asset to pass down the family line.

The Pre-Owned Watch Market

The pre-owned watch market has steadily grown over time. This is because reputable sellers provide collectors with a safe way to invest in discontinued or rare pre-owned luxury watches.

Significant global events including COVID and the war in Ukraine have had a significant impact on the watch market as a whole. This has had a knock-on effect on the pre-owned watch market.

As with any market, there will be fluctuations. The impact of trade limitations in Eastern Europe and production and distribution issues due to COVID have seen a slight dip in the market. However, this could be good news for those looking to invest.

Is now a good time to invest in a luxury watch?

Knowing when to buy and sell is key to a good investment and the pre-owned luxury watch market is currently a buyers’ market.

For example, the 5711 and 5712 Patek Philippe was trading for around £150k at their peak. These models (at the time of writing) are available for just £90k and £95k.

22/11/201709/02/2019

Ski for a day

ski-saas-fee
I’m going to tell you how to take a ski break for a day. You can literally check out the snow reports one day, be skiing or snowboarding the next, and be back in the office the following day. In other words, you can take one day off work and ski the Swiss Alps for a full day in the mountains. How’s that for a day out the office!
Why Switzerland? Well it has fabulous resorts within easy reach of Geneva Airport; you can use public transport to get to the slopes; and accommodation at short notice is widely available if you stay in the valleys rather than the mountains. And it is no more expensive than France for a quick break and much more convenient than Italy or Austria. Although Innsbruck in Austria is quite convenient for a number of resorts, there are fewer flights.
Nic Oatridge at Saas-Fee
I’m not going to push Easyjet, but it is a good choice for getting to Geneva from the UK, with several flights a year from Gatwick and regional airports. BA is also a good choice if you have lots of Avios points. And if you want to take your skis with you, Swiss will carry them for free. Typically Easyjet flights start from about £26, but get pricey at weekends. At a day’s notice it can cost less than £100 pounds return for an evening flight out, and either an evening flight back the next day or an early morning flight the following day – both of which will get you back in the office the next day with a full day’s skiing.
Geneva Airport has a station in the airport itself with direct trains running to hub towns from where you can get to the slopes, either by a single train journey or a very reliable bus service.
You can stay in a resort, but with a late flight and an hour time difference it is a push if you leave the office to take an evening flight. I would recommend you stay in one of those “hub” towns, somewhere like Lausanne, Vevey, Montreux, Aigle, Martigny, Sion, Sierre or Visp. It all depends on how much travel time you are prepared to put in to and from respectively the airport and your preferred ski resort. Some towns on the main line service to Brig from Geneva Airport are particularly convenient for specific resorts, e.g. Aigle for Portes du Soleil (Champéry), Villars, Les Diablerets and Leysin; Martigny for Verbier and Les Marécottes; Sion for the central section of the 4 Valleys (Nendaz, Veysonnaz or Siviez) and Anzère; Sierre for Crans-Montana; and Visp for Saas-Fee or Zermatt. I could mention other resorts, but on the whole they require longer transfers or are much smaller.
Most towns have convenient and reasonably priced accommodation near the main railway station that can be booked at short notice, typically via Bookings.com.
You are spoilt for choice about which resort to go to. Saas-Fee and Zermatt are open for longer seasons than the rest, and mid-week skiing is usually only available at the others from the start of December. During peak season Leysin, Villars, Les Diablerets and the Portes du Soleil are the nearest significant resorts to Geneva.
Torgon
Let’s look at a couple of examples.
Flying out of Gatwick on a Wednesday at 6.20pm, arriving at Geneva at 8.55pm, book into the Lausanne Youth Hostel or Hotel AlaGare both walking district from Lausanne station. Get up early and get a full day skiing in Verbier, leaving your stuff in a locker at the base station for Verbier. Return to Lausanne in the evening and take the 7.00am Easy jet flight getting you into Gatwick at 7.35am.
Another example: Take the same evening flight and book into a hotel in Aigle. Ski Leysin the next day, then take the 9.35pm flight back getting you into Gatwick at 10.05pm.
The costs depend on a number of factors. Costing out the first option, you might spend £100 on flights, plus transit costs to a UK airport. You can bring your skis on Easyjet for £39 or hire in resort for about the same if you book in advance. With Avios points I’ve done a return BA flight for £60. The return train fare on Swiss Railways from Geneva Airport to Lausanne is about £40 and the cost of a combined ski and travel pass (the Snow’n’rail scheme) for Verbier will be about £100. Lausanne is about 50 minutes from Geneva Airport and just over 2 hours from the gondola station serving Verbier. Accommodation near the station will cost you about £80 for a night. Food and drink are best bought from supermarkets and it is totally acceptable to drink alcohol on the trains.
On my trip to Saas-Fee last week I took advantage of an all-season ski pass I bought for under £200. I also have a half-fare card which halves the cost of rail transfer in Switzerland and I have Easyjet+ which gives some perks flying Easyjet. I am over 60 so travel in the UK is free or heavily discounted. And I have a pad in Switzerland about 1 hour 30 minutes from Geneva Airport and half an hour from the nearest ski resort.
I also have a pass for 25 other leading Swiss resorts that cost me around £200 for the whole season. The benefit of also having the Saas-Fee pass is it gives me good skiing early and late in the season.

13/04/201709/02/2019

April Skiing

With a late Easter many resorts are planning to stay open, but with clear blue skies and temperatures in the valleys well into double figures, conditions are poor in many lower lying resorts.

Some resorts have finished for the season, and it is hard to believe that anywhere below 1000m has resort runs open. Any runs below 2000m will be icy in the morning and porridge in the afternoon. There is unlikely to be any decent off-piste below 2500m – on most south-facing slopes the only snow left is on the carefully manicured pistes, cascading like ribbons down the mountains.

Despite a poor start to the season, snow did come, and some Swiss resorts still have plenty of snow on the upper runs and conditions for ski touring are generally good. Zermatt, Saas-Fee and Verbier, no surprises, have amongst the best conditions.

I visited the Portes du Soleil, on account of a claimed 526km of the total 650km of piste being open. Remarkably it did seem like the vast majority of runs were open, but this is not on the whole a particularly high ski area despite being the largest in the world, and some parts of the circuit, including Torgon, have closed already. It’s glorious being in the mountains this time of year, but you need to get used to skiing on icy pistes and wrapping up for the day around lunchtime unless you want to plough through the sticky stuff.

10/03/201501/07/2020

Ski Insurance

I have Swiss insurance and am a member of Rega (the air ambulance people), but there are some gaps in terms of ski insurance cover. In many resorts there is an excellent service you can buy with your lift pass called Snowcare. It costs SFr 5 per day and covers refunds of ski pass, lessons and equipment hire if the slopes are closed, and costs of assistance and rescue, transport by ambulance and helicopter, medical expenses, sanitary repatriation and legal assistance. The amount is limited, but the ceilings seem reasonable, and the insurance is intended to supplement usual insurance and European Health Insurance Card provisions as applicable. It also does not cover off-piste activities. If you’re looking to switch health insurance, there are several options out there. Ski and snowboarding accidents can be painful, specially while practicing on the snowy mountains, check these erase my back pain reviews.

You can buy the card at a number of resorts, currently the list includes:

Villars
Les Diablerets
Engelberg
St Moritz
Veysonnaz
Thyon
Nendaz
Zermatt
Splügen
Zinal
Vercorin
Ovronnaz
Leysin
Anzère
Les Mosses
Corvatsch
Champéry
Morgins
Torgon
Les Crosets
Portes du Soleil (CH)
Engadine

View over Zermatt
Incidentally, regarding Rega, they waive the costs of the rescue missions of members (annual fee: CHF 30), providing that these costs are not covered by a health or accident insurance. That is one good reason to sign up, but additionally they are a non-profit foundation who provide emergency medical assistance by air according to medical necessity and, as they put it: “to rescue, not to pass judgement on right or wrong, guilt or innocence”.