Thought this article was interesting: https://www.businessinsider.com/rally-prive-porter-to-sell-stock-in-hermes-birkin-bags-2020-2?amp
Prive Porter is allowing investors to buy shares of rare handbags. The first is a $50k Birkin bag with 2000 shares available. Interesting concept.
What do you think?
I’m very intrigued by the fact that investing in more than just stocks and real estate is an option. However, I’m curious what the returns on a bag investment would even be, and I wonder if this is a marketing campaign (to show that rare, expensive Birkins are a good investment) more than a serious investment tactic.
(Note: I’m starting this thread to create a discussion out of curiosity, not because I’m looking to invest in this and need advice).
Prive Porter is allowing investors to buy shares of rare handbags. The first is a $50k Birkin bag with 2000 shares available. Interesting concept.
What do you think?
I’m very intrigued by the fact that investing in more than just stocks and real estate is an option. However, I’m curious what the returns on a bag investment would even be, and I wonder if this is a marketing campaign (to show that rare, expensive Birkins are a good investment) more than a serious investment tactic.
(Note: I’m starting this thread to create a discussion out of curiosity, not because I’m looking to invest in this and need advice).