• more about #thelanguageofluxury
    hippichx sez PEACE PLEASE: when i was young my mom taught me that i should only buy "classic" styles that i never had to throw out because they were never out of style. of cour... more »
    tscheese: Am I the only one who doesn't really stay the same size long enough for "investment" and/or vintage stuff? I only just stopped growing in the last yea... more »
    clevernamehere: Investment pieces don't have to mean thousands of dollars. When I first started regularly carrying a daytime purse, I bought a series of black ones at... more »
    Casquivana: My grandmother would have called this "buying things as if you were rich, so they last as if you were poor." Which is basically a cost-benefit analysi... more »
    J.D.Regent: Buying drugs keeps people in business too but no one's trying to give me a cookie for that. more »
    la.donna.pietra: The only clothing items I have seen to consistently hold value or appreciate are Fluevog shoes and certain types of cowboy boots. Even they are takin... more »
    fishlikesequins: I wonder if this is true for vintage clothing as well. I've often thought that quality vintage pieces will retain their value in a way that newly manu... more »
    baraqiel: Hmm. But who are these people talking to? It seems to me that they're trying to advertise to the people who *can* afford the splurge but feel guilty... more »
    amowls: First: the Karl Lagerfeld twitter is a fake and is just a bunch of quotes that he's said in the past. Second: Aspirational consumers probably get all ... more »
    s_ve: Call me cheap but spending more than 50 bucks on a purse is expensive. Recession or not. Even if I had the money, I think I'd continue to shop at H&am... more »
    NerD: Blattella: Dodai? I don't mean to debate this again, but can I say I was right about not getting the handbag earlier? If not, that's ok. more »
    morninggloria: To be fair, the $6000 Birkin bag purchased 2 years ago has more value than the $6000 worth of Bear Stearns stock you bought at the same time. more »
    greengrey: Has anyone read 'Deluxe: How Luxury Lost it's Luster'? Great book, I really recommend it. more »
    tomatoheart: I see it as an "investment" in that if a piece is of excellent quality and will last me for years, I get more use out of it so my pay-per-use turns ou... more »
    baraqiel: ...it was more like designers cut rates on the girls they were paying at all, cut payment-in-trade on the girls they never were paying to begin with,... more »
    andBegorrah: Did she realize how much "conscientious consumption" sounds like "compassionate conservatism"? No? Okay then. more »
    Samanthrax: I actually think I do invest in fashion- I buy stuff at vintage shops and then I sell them for a much higher price (suckers). That's an investment, ri... more »
    ihateyourescalade: Damn. I had this story idea myself last week and didn't pitch it to anyone. I hate "investment dressing" as a concept. What a crock. more »
    Gavagirl: I am "investing" in other people's ill-advised splurges at the local consignment and secondhand shops. It's kind of like buying junk bonds, except I ... more »
    Penny: I work in retail and you're certain right about what is perceived as a lack of foresight. Our open-to-buy has only recently, well, opened again. "Inv... more »
  • #thelanguageofluxury

    "Investing" In Your Closet Not Recommended By Actual Investment Experts