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