“Not a Luxury, but an Investment! Can Birkin and Kelly Bags Be More Than Just Accessories — A Serious Investment?” — Konstantin Ziyatdinov for Sobaka.ru
Bags from iconic brands can appreciate in value even faster than gold and securities. At least, this has been the case with certain models from the late 20th to early 21st century. In just the last five years, Birkin bags have doubled in price! Wait, could this be leveraged? Are there people seriously investing in heavy luxury? If so, what are the advantages of these investments? And where are the pitfalls? Can Louis Vuitton become your personal pension fund? Konstantin Ziyatdinov, Head of the Private Client Department at Prime Advice Consulting Group, provides the answers.