Investment petites refers to investing in small luxury goods like designer handbags. It has become a new way of investment in recent years. When choosing first investment handbag, avoid entry-level and classic items like Neverfull from LV which can be seen everywhere. Consider story behind the bag and choose items like LV Hat Box inspired by luggage in 1900s. For investment types, real estate and stock are traditional choices. But new options like cryptocurrency and collectible handbags gain popularity for potential high returns despite being riskier.
Avoid entry-level bags like Neverfull when buying first investment handbag
The Neverfull from Louis Vuitton is considered a must-have entry level LV bag. But it’s too popular and you can see it everywhere. Carrying it shows your newbie status in luxury goods. Also, it is usually carried by fashion show attendees without too much style experience. To invest in a worthy handbag, consider factors like craftsmanship, visual design, story behind the item. LV bags like Hat Box, inspired by 1900s luggage, have over 100 years of history. Their stories make them unique investments with good potential.
Consider potential high returns from new investments like cryptocurrency
Traditional investment vehicles like stocks and real estate are common choices providing stable returns. But new options like cryptocurrency and collectible designer bags are gaining popularity in recent years despite being riskier. For example, the value of classic Chanel and Hermes bags can increase by 70% in just a few years. While volatile, cryptocurrency like Bitcoin has the potential for high returns. They offer portfolio diversification. But risks must be managed via proper research and allocation.
When selecting first investment handbag, choose items with craftsmanship, heritage and unique stories, not just popular classics. Consider new high-return options like crypto and collectibles to diversify your investment portfolio, along with traditional assets like real estate.