A Hermès bag is a better Investment Than the Stock Market

in #investement7 years ago

HERMÈS BIRKIN...THE MOST EXCLUSIVE BAG IN THE WORLD!

hermes-birkin-caramel-togo-35cm-ghw-b249-LG-01.jpg

This beauty here is not only gorgeous it is also a good investment...

Researchers compared the S&P 500, gold, and Birkin bags to see how their value changed over the past 35 years. The stock market had a return of a nominal average of 11.66 percent, with a real return average of 8.65 percent; gold had an average annual return of 1.9 percent, with a real return average of -1.5 percent. And those numbers assume that you don't buy or sell within that 35-year time period.

Birkin bags, on the other hand, increased in value by 14.2 percent over the same period. Gold and stocks can be volatile, increasing and decreasing in value all the time, but the Birkin bag only became more and more valuable over the 35 years. The value really shot up in 2001, when it increased in value by 25 percent, but every year has shown an uptick. And just last year, a Birkin bag was sold at auction for a record price of $223,000.

Why is the bag so valuable? Because it's scarce. There's a years-long waiting list for a new Birkin, and that has led to a booming resale market. Fortune reports that you can get them repaired for life, which means you can pass them down to children and grandchildren—or you could just sell one on eBay for as much as six figures.

  • ELLE

By the way the Birkin bag on the picture is my favourite and I hope to welcome it in my closet one day!
Ladies (and gentlemen) what do you think?

feel good and have a beautiful Sunday!
Prosperqueen

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thanks for the upvote. let's help each other

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.harpersbazaar.com/fashion/trends/news/a13689/hermes-birkin-bag-investment/

I never knew that a bag can be a better investment than gold.People that actually have money and want to invest in something should definitely consider investing in a Birkin bag .

What else is also profitable as close to a Birkin bag is ?

Thank you for contributing to the Steemit Community.Keep up the great work and I'm looking forward to your next posts.

Hi friend,

The Chanel Classic Flap Bag is also a serious bag! It increases every year considerably and it is a timeless piece. I will soon write something about it!
Thank you so much!

Prosperqueen

I'm looking forward to that post = )