If you thought investment was best done in property and other kinds of fixed assets, you may be in for a surprise. Nowadays, investment has taken on another, highly unconventional form, in the shape of luxury designer bags.
Yes, you heard it right!
The science behind it is that due to their annual price-hikes, owners of these classic luxury bags are able to re-sell them for a higher price than the price they bought them at initially. This makes them great investment pieces all in all. This is why Drake has a wardrobe full of Hermes bags for his future wife. Now that’s some way to make your loved one feel special!
If this is something which you might be interested in, you may want to check the roundup of best luxury brands and bags that we have prepared.
If you are a lover of exotic animal skins such as crocodile, etc. you may be interested in a Hermès bag. Granted that their bags don’t come with a cheap price tag, to begin with, prices for their Birkin and Kelly bags fetch several thousand dollars. Many hot-shot investors and celebrities now own wardrobes full of these bags and other items from Hermès. Not only Hermès bags are a sight for sore eyes, but their items also keep increasing in value each year, making their bags most investment-friendly.
With their classic Chanel flap bags which come in a variety of textures and colours, these are some of the best bags which you can look into if you want to buy from an investment point of view. With yearly price hikes, Chanel bag owners have a chance to sell their bags at a higher price than they bought them at.
Another great investment-worthy luxury brand is Louis Vuitton. Their bags are some of the most sought after ones in the entire industry, and with their great designing and high-quality production, it is only inevitable that they make for amazing investment pieces. So, if you are looking to try your luck at this whole designer investment shebang, you should look into buying some of their classic bags such as the Speedy, Neverfull and Alma. With these, you will get the full bang for your buck, in some cases even more!