This is a very old thread from 2007!
Clothes do not last, however my figure doesn't last either. Clothes looked wonderful on my very toned and firm youthful body and I am glad I spent on my clothes. Also as a lover of fashion, there is no way I will not pay for the best threads I can pay for (I can't afford couture, if I could I would). That is part of the fun! I don't have most of the clothes now, they yellow, fade and fray but I don't have my figure then either I am glad I indulged in my love for clothes and that those clothes showcased my youthful silhouette. Doesn't matter if those clothes are no longer in my possession, that's not the point.
As for jewellery, I can afford better brands and bigger rocks now at my age than in the past. In fact those delicate pretty diamond earrings and necklaces I wore in the past have been gifted to friends' daughters because they don't suit me now that I am closer to 50. At my age I need bigger and bolder bling. My mother has some beautiful and intricately set items but the settings are so old-fashioned I can't and won't wear them since they don't go with my style. Also the goldsmith told me the gold setting of my jewellery is worth more than the gems they hold and the intricate workmanship so many years ago is unparalleled so all I do is look at them once in a while since resetting is not an option.
My philosophy is I live for the moment and I don't buy anything with the view that it's worth it if it'll last me to the end of my days and beyond. I am dead, I don't care what value my necklace will be in year 2070. I have friends and relatives die very early and sudden deaths. I just hope they had bought, used and enjoyed the things they want and love.
For me I want investment, I buy land/houses/property. Not fashion items. My properties have made me money, my fashion items are sold at consignment shops.
Well said