Leave the Stocks Alone; Buy A Birkin Instead

A new study finds that a Hermes Birkin bag is a better long-term investment than stocks or gold.

Baghunter’s research, measured over a 35-year period, found that the S&P 500 (reflecting the overall return of stock market investments) offered a nominal average of 11.66% in returns (8.65% real returns), while goals offered an annual average return of 1.9%, or a real return average of -1.5%. Naturally, both markets have fluctuated significantly over the 35 year time period.

Birkin bags, on the other hand, have increased in value year over year, with an annual average increase in value of 14.2% without any decline.

The purse starts around $12,000 and can retail for as much as $200,000+ for special editions and upgrades to skins such as Alligator.

Looks like we’ve found an “investment” bag after all! Hermes_Horseshoe_Amethyst_Crocodile_Birkin

 

 

The post Leave the Stocks Alone; Buy A Birkin Instead appeared first on Pursuitist.


Related Luxury:

Chanel ‘Code Coco’ Watch

Chanel ‘Code Coco’ Watch

At Paris Fashion Week, Chanel presented a new watch called “Code Coco”, a surprising cre[...]

Pursuitist Q&A: Talking Barre with Barre Code Founder Jillian Lorenz

Pursuitist Q&A: Talking Barre with Barre Code Founder Jillian Lorenz

Barre, a workout trend grounded in the basics of ballet but with a unique blend of pilates, dance, y[...]

Secret Agent Style: The Top Five Bespoke Tailors According to James Bond

Secret Agent Style: The Top Five Bespoke Tailors According to James Bond

After the release of Spectre, James Bond made his 24th big screen appearance. Throughout all the fil[...]

10 Questions with the Luxurious Kathy Hilton: Exclusive

10 Questions with the Luxurious Kathy Hilton: Exclusive

Photo credit: Stephen BuskenA mother, a wife, an actress, a businesswoman and now a designer, it see[...]

Inside Beyonce and Jay Z’s $2.6 Million New Orleans Mansion

Inside Beyonce and Jay Z’s $2.6 Million New Orleans Mansion

After making a jaw-dropping appearance at the Met Gala 2015, Beyonce is back in news along with her [...]


, , ,

« PREVIOUS STORYNEXT STORY »

More from our Partners