I personally like to buy pieces which can be passed down to my daughter one day. Whenever I have a little "mad money" I try to buy something that is nice that she may one day want and think of as an heirloom of sorts. I don't necessarily think that she'll sell them for more than I paid, but these are things that I think she could sell if necessary or if she desired. I enjoy buying things like that, but I don't think of those as investments in any way. That's what mutual funds are for -- with dollar cost averaging over time, of course!
Buying a LE Cartier- investment or no?
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OK! One thing to consider, if you do buy something and then sell it because you have lost your love for it, you are ahead! Rather than letting it collect dust in your jewelry box, and being out all the money you paid for it, you are recouping some of your initial loss, so the cost to you is minimized. This is why we have an active Marketplace on the purseforum! You can also trade it for something of like value. Trading is a very successful way to get maximum value for your goods.
That's so sad, I would had kept it, but selling on ebay is always a lose/lose situation IMO(I know I'm also an ebay member for over 8 years)
But like mentioned in my previous post, the only true investment is real estate. handbags, fine jewelry, cars etc..will always loose some kind of value, and should not been consider "investment" , but only things that we love to own and should be for our pleasure of having them, and not "investments".
Good point thegraceful!
