pursuitist.com 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 per cent in returns (8.65 per cent real returns), while goals offered an annual average return of 1.9 per cent, or a real return average of –1.5 per cent. 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 per cent without any decline.
The purse starts around $12,000 and can retail for over $200,000 for special editions and upgrades to skins such as Alligator.
Proves that the lady on your arm knows where to put her money better than you do.
Birkin bags, on the other hand, have increased in value year over year, with an annual average increase in value of 14.2 per cent without any decline.
The purse starts around $12,000 and can retail for over $200,000 for special editions and upgrades to skins such as Alligator.
Proves that the lady on your arm knows where to put her money better than you do.
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