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Quick Bites:

Luxury Bags are a new investment… Well Yes or No?

Hell yes they are. The Hermes coveted “Birkin”, the lady “Dior” and the classic “Chanel” which starts from $10,000 and can go upto half a million dollars has become the ultimate status symbol of rarefied wealth.

You’d typically see it on someone uber-wealthy or a Kardashian. However, being rich isn’t enough to get your hands on one of these bags.

These bags are not just displayed in stores, instead they are shown in private rooms to “chosen shoppers” who are “deemed worthy”.

But are these bags a financial investment? Oh yes, they definitely are.

Birkin bags can double in value in 5 years- some styles up to $450K- and are a better investment than gold. So are Dior House’s most iconic bag, the Lady Dior which holds a history of its own as it was sensationalized by the most famous personality Lady Diana, Princess of Wales which appreciates its value and handcrafted animal leather over the years. The Classic Chanel Flap Bag have seen price appreciating over time due to its exclusivity till upto 6% in only one year.

Our Thoughts:

Well friends its time to hit these luxury stores if you have a unlimited credit limit or bag full of cash.

PS. NOTHING in this world drives grown women to be on waiting list for a bag. Way to go Hermes, Dior and Chanel.

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