Q: Is louis vuitton bag or luxury goods profitable investment?
unlike most of households I the husband is the one who saves and controls the money. I do all sorts of investments, and my wife suggested me to buy her louis vuitton bag every month for her. She told me because she feel I save too much and louis vuitton bags actually profitable investment where it traded like gold. It increase as time pass. what do you think? Is louis vuitton bags really can be called investment?
Answer:
Of course not! Look up the price of a new one and then compare that to a used one. They go down in value.
Investments go UP in value, not down.
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